Cash-flow and promotional support for FC franchisees
First written in FY2021-Q1. 1 of 2 entries say "Restated". Latest entry: FY2021-Q2.
3 other companies' latest entry also says "Restated".
- FY2021-Q2RestatedAnnual report
「As a cash-flow support measure for FC stores, the company abolished the franchise security deposit system and returned in full the franchise security deposits held for each store, totaling ¥1.557 billion. In April and May, it also provided bento sales support totaling ¥47 million and fully waived the collection of sales promotion fees totaling ¥28 million.」
The company provided cash-flow and sales support to FC stores by returning ¥1.557 billion in franchise security deposits, providing ¥47 million in bento sales support and waiving ¥28 million in sales promotion fees. These measures were reiterated from the previous quarterly report. - FY2021-Q1First statedAnnual report
「As a liquidity-support measure for franchise stores, we abolished the franchisee deposit system and returned in full the deposits held for each store, totaling ¥1,557 million. We also waived in full the promotional fees collected from franchise stores in April and May, totaling ¥28 million.」
During the COVID-19 pandemic, returned ¥1,557 million of franchisee deposits and waived ¥28 million of promotional fees as support measures for franchisees.