Adjusting the store portfolio through openings and closures
First written in FY2017-Q1. 35 of 36 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2026.
The whole theme swung hardest in 2021: 1 of 10 companies on the "Worse" side.
5 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「We opened 101 company-operated restaurants and 8 company-operated izakaya restaurants, for a total of 109 openings in Japan and overseas, while closing 52 company-operated restaurants and 7 company-operated izakaya restaurants, for a total of 59 closures. As a result, the number of company-operated stores at the end of the fiscal year was 1,501, and the total number of stores, including franchised stores, was 2,633.」
In Japan and overseas, 109 stores were opened and 59 were closed, leaving 1,501 directly operated stores and 2,633 stores including franchises at year-end. Store portfolio adjustment through openings and closures continues. - FY2026-H1AdvancedAnnual report
「As a result, we opened 46 directly operated restaurants and 5 directly operated izakaya, for a total of 51 stores, while closing 25 directly operated restaurants and 7 directly operated izakaya, for a total of 32 stores. In addition, 19 directly operated stores of Seagrass Holdco Pty Ltd., which became a consolidated subsidiary in June 2025, were added. Accordingly, the number of directly operated stores was 1,462 and the total number of stores including franchises was 2,587 at the end of the interim consolidated accounting period.」
In Japan and overseas, 51 stores were opened and 32 were closed. With the addition of 19 directly operated Seagrass stores, there were 1,462 directly operated stores and 2,587 stores in total. - FY2025AdvancedAnnual report
「As a result, 84 new directly operated restaurants were opened while 62 were closed, and 13 directly operated izakaya were closed. The number of directly operated stores was 1,424 at the end of the fiscal year and the total number of stores including franchises was 2,586.」
As a result of opening 84 directly operated restaurants, closing 62 directly operated restaurants and closing 13 directly operated izakaya, there were 1,424 directly operated stores and 2,586 stores including franchises. - FY2025-H1AdvancedAnnual report
「In terms of store openings and closures, we opened 50 directly operated restaurants while closing 35 directly operated restaurants and 8 directly operated izakaya, for a total of 43 closures. In addition, as ㈱日本銘菓総本舗 became a consolidated subsidiary from April 2024, its 35 directly operated stores were added to the Group's stores. As a result, the number of directly operated stores was 1,445 and the total number of stores including franchises was 2,605 at the end of the interim consolidated accounting period.」
In addition to opening 50 restaurants and closing 43 stores, 35 directly operated stores of 日本銘菓総本舗 were added to the Group, bringing the number of directly operated stores to 1,445 and the total number of stores to 2,605. - FY2024AdvancedAnnual report
「Regarding store openings and closures, we opened 94 directly operated restaurants and 12 directly operated izakaya, for a total of 106 stores, while closing 48 directly operated restaurants and 19 directly operated izakaya, for a total of 67 stores. As a result, the number of directly operated stores was 1,403 at the end of the fiscal year and the total number of stores including franchises was 2,583.」
For the full year, 106 stores were opened and 67 were closed, leaving 1,403 directly operated stores and 2,583 stores including franchises. The store network is being rebuilt through net openings. - FY2024-Q3AdvancedAnnual report
「With regard to investment in new stores, we actively pursued openings with a focus on reviewing the balance between formats and locations and recovering the net decline in directly operated stores during the COVID-19 pandemic. As a result, restaurants accounted for 90% of stores at the end of the third quarter. In Japan, restaurant formats such as Gyu-Kaku and its derivative formats and Ootoya Gohandokoro are concentrated in suburban and roadside locations. Overseas, we have continued to add stores, particularly Gyu-Kaku and its derivative formats, with high-traffic shopping malls in Asian countries as the main locations, maintaining an opening pace in line with the initial plan.」
The company continued to review the balance between formats and locations, achieving a 90% restaurant store mix. Openings in suburban and roadside locations in Japan and additions focused on shopping malls overseas are progressing at a pace in line with the initial plan. - FY2024-Q2AdvancedAnnual report
「Regarding store openings and closures, we opened 50 directly operated restaurants and 11 directly operated izakaya, for a total of 61 stores, while closing 23 directly operated restaurants and 15 directly operated izakaya, for a total of 38 stores. As a result, the number of directly operated stores was 1,386 at the end of the second quarter of the fiscal year and the total number of stores including franchises was 2,628.」
In the first six months, 61 stores were opened and 38 were closed. The number of directly operated stores was 1,386 and the total including franchises was 2,628, marking a shift to net openings. - FY2024-Q1AdvancedAnnual report
「Regarding store openings and closures, we opened 23 directly operated restaurants and 4 directly operated izakaya, for a total of 27 stores, while closing 14 directly operated restaurants and 13 directly operated izakaya, also a total of 27 stores. As a result, at the end of the first quarter of the fiscal year, there were 1,363 directly operated stores and 2,623 stores including franchises.」
In the first quarter, 27 stores were opened and 27 were closed. There were 1,363 directly operated stores and 2,623 stores including franchises at period-end. - FY2023AdvancedAnnual report
「We opened 56 directly operated restaurants and 2 directly operated izakaya, for a total of 58 new stores. Meanwhile, 49 directly operated restaurants and 80 directly operated izakaya, for a total of 129 stores, were closed. As a result, the number of directly operated stores was 1,362 at the end of the fiscal year and the total number of stores including franchises was 2,640. Restaurants accounted for 89.5% of total stores and izakaya for 10.5%, indicating steady progress in optimising the business portfolio.」
For the full year, 58 stores were opened and 129 were closed. There were 1,362 directly operated stores and 2,640 stores including franchises at year-end, and the company disclosed a restaurant mix of 89.5% and an izakaya mix of 10.5%. - FY2023-Q3AdvancedAnnual report
「We opened 32 directly operated restaurants, 2 directly operated izakaya and 34 franchise restaurants, for a total of 68 new stores. Meanwhile, 25 directly operated restaurants, 43 directly operated izakaya, 65 franchise restaurants and 7 franchise izakaya, for a total of 140 stores, were closed due to unprofitability, the expiry of lease agreements and other factors.」
In the first nine months, 68 stores were opened while 140 were closed, advancing the restructuring of the store portfolio including directly operated and franchise stores. - FY2023-Q2AdvancedAnnual report
「In terms of store policy, we opened 24 directly operated restaurants, 1 directly operated izakaya and 19 franchise restaurants, for a total of 44 new stores. Meanwhile, 21 directly operated restaurants, 41 directly operated izakaya, 47 franchise restaurants and 3 franchise izakaya, for a total of 112 stores, were closed due to unprofitability, the expiry of lease agreements and other factors. As a result, the number of directly operated stores was 1,396 at the end of the second quarter of the fiscal year. Including franchise stores, the total number of stores was 2,717.」
In the first six months, 44 stores were opened and 112 were closed. The number of directly operated stores was 1,396 and the total including franchises was 2,717, as portfolio adjustment through net closures progressed. - FY2023-Q1AdvancedAnnual report
「In terms of store policy, we opened 3 directly operated restaurants and converted 6 franchise restaurants and 1 franchise izakaya to directly operated stores. Meanwhile, 5 directly operated restaurants and 6 directly operated izakaya were closed due to unprofitability, the expiry of lease agreements and other factors. As a result, the number of directly operated stores was 1,432 at the end of the first quarter of the fiscal year. Including franchise stores, the total number of stores was 2,767.」
In the first quarter of FY2023, 3 new stores were opened and 7 franchise stores were converted to directly operated stores, while 11 stores were closed, leaving 1,432 directly operated stores and 2,767 stores including franchises. - FY2022AdvancedAnnual report
「We opened 22 directly operated restaurants and 5 directly operated izakaya, for a total of 27 new stores. Meanwhile, 41 directly operated restaurants and 28 directly operated izakaya, for a total of 69 stores, were closed due to unprofitability, the expiry of lease agreements and other factors. As a result, the number of directly operated stores was 1,433 at the end of the fiscal year. Including franchise stores, the total number of stores was 2,785.」
In FY2022, 27 stores were opened and 69 were closed. The number of directly operated stores was 1,433 at year-end and the total including franchises was 2,785, as portfolio adjustment through net closures continued. - FY2022-Q3AdvancedAnnual report
「In terms of store policy, we opened 13 directly operated restaurants and 5 directly operated izakaya, for a total of 18 new stores. Meanwhile, 29 directly operated restaurants and 25 directly operated izakaya, for a total of 54 stores, were closed due to unprofitability, the expiry of lease agreements and other factors. As a result, the number of directly operated stores was 1,434 at the end of the third quarter of the fiscal year. Including franchise stores, the total number of stores was 2,796.」
In the first nine months, 18 new stores were opened and 54 were closed. The number of directly operated stores was 1,434 and the total including franchises was 2,796, as portfolio adjustment through net closures continued. - FY2022-Q2AdvancedAnnual report
「In terms of store policy, we opened 7 directly operated restaurants and 5 directly operated izakaya, for a total of 12 new stores. Meanwhile, 26 directly operated restaurants and 19 directly operated izakaya, for a total of 45 stores, were closed due to unprofitability, the expiry of lease agreements and other factors. As a result, the number of directly operated stores was 1,437 at the end of the second quarter of the fiscal year. Including franchise stores, the total number of stores was 2,802.」
In the first six months, 12 stores were opened and 45 were closed. The number of directly operated stores was 1,437 and the total including franchises was 2,802, as portfolio adjustment through net closures continued. - FY2022-Q1AdvancedAnnual report
「We opened 1 directly operated restaurant and 1 directly operated izakaya, for a total of 2 new stores, and converted 4 franchise restaurants and 2 franchise izakaya, for a total of 6 stores, to directly operated stores. Meanwhile, 13 directly operated restaurants and 7 directly operated izakaya, for a total of 20 stores, were closed due to unprofitability, the expiry of lease agreements and other factors, and 3 directly operated restaurants were converted to franchises. As a result, the number of directly operated stores was 1,455 at the end of the first quarter of the fiscal year. Including franchise stores, the total number of stores was 2,822.」
In the first quarter, 2 new stores were opened and 6 were converted from franchises to directly operated stores, while 20 stores were closed and 3 were converted to franchises. Store portfolio restructuring continued. - FY2021AdvancedAnnual report
「We opened 25 directly operated restaurants and 1 directly operated izakaya, for a total of 26 new stores, and converted 28 franchise restaurants and 22 franchise izakaya to directly operated stores. Meanwhile, 85 directly operated restaurants and 133 directly operated izakaya, for a total of 218 stores, were closed due to unprofitability, the expiry of lease agreements and other factors, and 3 directly operated restaurants were converted to franchises. As a result, the number of directly operated stores was 1,470 at the end of the fiscal year. Including franchise stores, the total number of stores was 2,843.」
For the full year, 26 new stores were opened, 50 were converted to directly operated stores, 218 were closed and 3 were converted to franchises, significantly reshaping the store portfolio. - FY2021-Q3AdvancedAnnual report
「We opened 23 directly operated restaurants and converted 24 franchise restaurants and 17 franchise izakaya to directly operated stores. Meanwhile, 77 directly operated restaurants and 130 directly operated izakaya, for a total of 207 stores, were closed due to a review of the business portfolio to withstand the post-COVID and with-COVID environment, unprofitability and other factors, and 2 directly operated restaurants were converted to franchises.」
In the first nine months, 23 new stores were opened and 41 franchise stores were converted to directly operated stores, while 207 stores were closed and 2 were converted to franchises. At the end of the third quarter, there were 1,470 directly operated stores and 2,864 stores including franchises. - FY2021-Q2AdvancedAnnual report
「As a result, including the acquisition of franchise stores, 25 directly operated restaurants and 16 directly operated izakaya, for a total of 41 stores, were added, while 70 directly operated restaurants and 125 directly operated izakaya, for a total of 195 stores, were closed.」
In the first six months of FY2021, 41 stores were added while 195 were closed. Portfolio adjustment through net closures continued, leaving 1,461 directly operated stores and 2,865 stores including franchises at period-end. - FY2021-Q1AdvancedAnnual report
「Although 5 directly operated restaurants and 2 directly operated izakaya, for a total of 7 stores, were added, 41 directly operated restaurants and 114 directly operated izakaya, for a total of 155 stores, were closed. As a result, the number of directly operated stores was 1,314 at the end of the first quarter of the fiscal year. Including franchise stores, the total number of stores was 2,471.」
In the first quarter of FY2021, 7 stores were added while 155 were closed, leaving 1,314 directly operated stores and 2,471 stores including franchises at period-end. Portfolio adjustment through net closures, centered on izakaya, became more pronounced. - FY2020AdvancedAnnual report
「We opened 32 directly operated restaurants and 8 directly operated izakaya, for a total of 40 new stores. Meanwhile, 55 directly operated restaurants and 37 directly operated izakaya, for a total of 92 stores, were closed, primarily due to unprofitability. As a result, the number of directly operated stores was 1,462 at the end of the fiscal year. Including franchise stores, the total number of stores was 2,665.」
In FY2020, 40 stores were opened and 92 were closed. The number of directly operated stores was 1,462 at year-end and the total including franchises was 2,665, indicating progress in portfolio adjustment through net closures. - FY2020-Q3AdvancedAnnual report
「We opened 28 directly operated restaurants and 8 directly operated izakaya, for a total of 36 new stores. Meanwhile, 37 directly operated restaurants and 32 directly operated izakaya, for a total of 69 stores, were closed due to unprofitability and other factors. As a result, the number of directly operated stores was 1,475 at the end of the third quarter of the fiscal year. Including franchise stores, the total number of stores was 2,684.」
In the first nine months, 36 stores were opened and 69 were closed, leaving 1,475 directly operated stores and 2,684 stores including franchises at period-end. Closures of unprofitable stores were identified. - FY2020-Q2AdvancedAnnual report
「In terms of store policy, we opened 20 directly operated restaurants and 5 directly operated izakaya, for a total of 25 new stores. Meanwhile, 32 directly operated restaurants and 29 directly operated izakaya, for a total of 61 stores, were closed due to unprofitability and other factors. As a result, the number of directly operated stores was 1,472 at the end of the second quarter of the fiscal year. Including franchise stores, the total number of stores was 2,682.」
In the first six months, 25 stores were opened and 61 were closed, leaving 1,472 directly operated stores and 2,682 stores including franchises at period-end. Closures of unprofitable stores were identified. - FY2020-Q1AdvancedAnnual report
「In terms of store policy, we opened 11 directly operated restaurants and 1 directly operated izakaya, for a total of 12 new stores. Meanwhile, 17 directly operated restaurants and 15 directly operated izakaya, for a total of 32 stores, were closed due to unprofitability and other factors. As a result, the number of directly operated stores was 1,488 at the end of the first quarter of the fiscal year. Including franchise stores, the total number of stores was 2,691.」
In the first quarter of FY2020, 12 new stores were opened and 32 were closed, leaving 1,488 directly operated stores and 2,691 stores including franchises at period-end. - FY2019AdvancedAnnual report
「We opened 56 directly operated restaurants and 8 directly operated izakaya, for a total of 64 new stores. Meanwhile, 55 directly operated restaurants and 31 directly operated izakaya, for a total of 86 stores, were closed due to the expiry of fixed-term building leases, unprofitability and other factors. As a result, the number of directly operated stores was 1,508 at the end of the fiscal year. Including franchise stores, the total number of stores was 2,709.」
In FY2019, 64 stores were opened and 86 were closed, leaving 1,508 directly operated stores and 2,709 stores including franchises at year-end. - FY2019-Q3AdvancedAnnual report
「In terms of store policy, we opened 45 directly operated restaurants and 7 directly operated izakaya, for a total of 52 new stores. Meanwhile, 38 directly operated restaurants and 25 directly operated izakaya, for a total of 63 stores, were closed, primarily due to unprofitability. As a result, the number of directly operated stores was 1,519 at the end of the third quarter of the fiscal year. Including franchise stores, the total number of stores was 2,712.」
In the first nine months of FY2019, 52 stores were opened and 63 were closed, leaving 1,519 directly operated stores and 2,712 stores including franchises at period-end. Closures primarily due to unprofitability were identified. - FY2019-Q2AdvancedAnnual report
「In terms of store policy, we opened 23 directly operated restaurants and 2 directly operated izakaya, for a total of 25 new stores. Meanwhile, 29 directly operated restaurants and 17 directly operated izakaya, for a total of 46 stores, were closed, primarily due to unprofitability. As a result, the number of directly operated stores was 1,509 at the end of the second quarter of the fiscal year. Including franchise stores, the total number of stores was 2,697.」
In the first six months of FY2019, 25 stores were opened and 46 were closed, leaving 1,509 directly operated stores and 2,697 stores including franchises at period-end. Store closures due to unprofitability were identified as the primary factor. - FY2018AdvancedAnnual report
「In terms of store policy, we opened 40 directly operated restaurants and 15 directly operated izakaya, for a total of 55 new stores. Meanwhile, 28 directly operated restaurants and 24 directly operated izakaya, for a total of 52 stores, were closed due to the expiry of fixed-term building leases, unprofitability and other factors. As a result, the number of directly operated stores was 1,530 at the end of the fiscal year. Including franchise stores, the total number of stores was 2,721.」
In FY2018, 55 stores were opened and 52 were closed, leaving 1,530 directly operated stores and 2,721 stores including franchises at year-end. - FY2018-Q3AdvancedAnnual report
「In terms of store policy, we opened 30 directly operated restaurants and 12 directly operated izakaya, for a total of 42 new stores. Meanwhile, 23 directly operated restaurants and 20 directly operated izakaya, for a total of 43 stores, were closed due to the expiry of fixed-term building leases, unprofitability and other factors. As a result, the number of directly operated stores was 1,526 at the end of the third quarter of the fiscal year. Including franchise stores, the total number of stores was 2,729.」
In the nine months ended the third quarter, 42 stores were opened and 43 were closed, leaving 1,526 directly operated stores and 2,729 stores including franchises. The results of the store portfolio adjustment were updated. - FY2018-Q2AdvancedAnnual report
「We opened 24 company-operated restaurants and 12 company-operated izakaya, for a total of 36 new stores. Meanwhile, due to the expiration of fixed-term building lease agreements and unprofitability, we closed 20 company-operated restaurants and 18 company-operated izakaya, for a total of 38 closures. As a result, the number of company-operated stores at the end of the second-quarter consolidated accounting period was 1,525. Including franchise stores, the total number of stores was 2,722.」
In the cumulative second quarter, 36 stores were opened and 38 closed. The number of company-operated stores was 1,525 and the total including franchise stores was 2,722. The results of store-portfolio adjustments have been updated. - FY2018-Q1AdvancedAnnual report
「Under our store policy, we opened 16 company-operated restaurants and 11 company-operated izakaya, for a total of 27 new stores. Meanwhile, due to the expiration of fixed-term building lease agreements and unprofitability, we closed 14 company-operated restaurants and 8 company-operated izakaya, for a total of 22 closures. As a result, the number of company-operated stores at the end of the first-quarter consolidated accounting period was 1,532. Including franchise stores, the total number of stores was 2,732.」
In the first quarter, 27 stores were opened and 22 closed. The number of company-operated stores was 1,532 and the total including franchise stores was 2,732. The results of store-portfolio adjustments have been updated. - FY2017-Q3AdvancedAnnual report
「We opened 60 company-operated restaurants and 9 company-operated izakaya, for a total of 69 new stores. Meanwhile, due to format consolidation and unprofitability, we closed 11 company-operated restaurants and 23 company-operated izakaya, for a total of 34 closures. In addition, we acquired all shares of Freshness Co., Ltd., which operates a hamburger chain, on 1 December 2016, and all shares of Reins International (USA) Co., Ltd., which operates Gyu-Kaku in the United States and Canada, on 16 December, making both companies consolidated subsidiaries. As a result, the number of company-operated stores at the end of the third-quarter consolidated accounting period was 1,517. Including franchise stores, the total number of stores was 2,740.」
In the cumulative third quarter, 69 stores were opened and 34 closed, and all shares of 2 companies were acquired. The number of company-operated stores was 1,517 and the total including franchise stores was 2,740. - FY2017-Q2AdvancedAnnual report
「We opened 36 company-operated restaurants and 7 company-operated izakaya, for a total of 43 new stores. Meanwhile, due to format consolidation and unprofitability, we closed 10 company-operated restaurants and 15 company-operated izakaya, for a total of 25 closures. As a result, the number of company-operated stores at the end of the second-quarter consolidated accounting period was 1,436. Including franchise stores, the total number of stores was 2,524.」
In the cumulative second quarter, 43 stores were opened and 25 closed. The number of company-operated stores was 1,436 and the total including franchise stores was 2,524. The results of store-portfolio adjustments have been updated. - FY2017-Q1First statedAnnual report
「While opening 15 new company-operated stores, primarily in the restaurant format, we closed 10 company-operated stores due to format consolidation and unprofitability. As a result, the number of company-operated stores at the end of the first-quarter consolidated accounting period was 1,423. Including franchise stores, the total number of stores was 2,517.」
During the quarter, 15 stores were opened and 10 closed. The number of company-operated stores was 1,423 and the total including franchise stores was 2,517, while new openings fell substantially short of plan.