1,000 franchise stores during FY2017
First written in FY2016. 4 of 14 entries say "Restated". Latest entry: FY2026.
Century21 Real Estate Of Japan moved to the "Worse" side of this theme in 2026, 5 years after the typical company in this theme (2021).
The whole theme swung hardest in 2020: 4 of 19 companies on the "Worse" side.
3 other companies' latest entry also says "Other".
- FY2026Franchise outlet count fell to 934Annual report
「The number of franchise outlets fell below the initial target, but to continue promoting the acquisition of new franchisees, we revamped the dedicated franchise recruitment website and held web seminars to strengthen lead generation. As a result, 33 new franchisees joined during the current fiscal year. Meanwhile, although several large franchisees operating multiple outlets withdrew during the current fiscal year, the number of withdrawals was 59, down 18 from the previous year, resulting in a net decrease of 26 outlets.」
The number of franchise outlets continued to decline after reaching 1,000, falling to 934 at the end of the fiscal year ending March 2026. The filing states that measures to acquire new franchisees continued, but the result was below the initial target. - 2026-06-02WorsenedGeneral Meetings of Shareholders
「Due in part to the addition of 33 new franchise outlets during the fiscal year, franchise fee revenue amounted to ¥128 million, down 8.5% year on year. As 59 outlets withdrew during the fiscal year, the number of franchisee outlets declined by a net 26 from the beginning of the fiscal year to 934 as of 31 March 2026.」
The number of franchisee outlets continued to decline after surpassing 1,000, reaching 934 at fiscal year-end. - FY2026-H1Continued decline in franchise outlet countAnnual report
「While new franchise additions have remained sluggish, a certain number of franchisees have withdrawn because of poor performance and other reasons, and the number of franchise outlets has declined. We will nevertheless continue to focus on acquiring new franchisees.」
The filing states that, after reaching 1,000 outlets, the number of franchise outlets continued to decline and new franchise additions remained sluggish. The policy of focusing on acquiring new franchisees has been maintained. - FY2025Continued decline after reaching 1,000 outletsAnnual report
「The number of franchise outlets fell below the initial target, but to continue promoting the acquisition of new franchisees, we strengthened lead generation using owned media and telesales. ... As a result, there was a net decrease of 34 outlets.」
The number of franchise outlets fell from 994 in the fiscal year ended March 2024 to 960, below the initial target. The outlet count has continued to decline even after reaching 1,000. - FY2025-H1Stalling progress in expanding the franchise outlet networkAnnual report
「A certain number of franchisees have withdrawn because of poor performance or independence, and progress toward expanding the number of franchise outlets has been slow, but we will continue to focus on acquiring new franchisees.」
The target of 1,000 outlets was not stated in this filing, which added an explanation that progress in expanding the number of franchise outlets had been slow. - FY2024Decline in outlet count after reaching the targetAnnual report
「The management indicators for the current fiscal year were 994 franchise outlets, an operating revenue ordinary profit margin of 25.6%, and a return on equity of 10.6%.」
After exceeding 1,000 outlets in the fiscal year ended March 2023, the number of franchise outlets was 994 at the end of the fiscal year ended March 2024. Although no withdrawal of the 1,000-outlet target was stated, the outlet count after reaching the target had fallen below 1,000. - FY2023AchievedAnnual report
「The number of franchise outlets at the end of the current fiscal year was 1,008, exceeding 1,000 for the first time since the Company's establishment.」
Regarding the 1,000-outlet target, the filing states that the number of franchise outlets reached 1,008 at the end of the fiscal year ended March 2023, exceeding 1,000 for the first time since the Company's establishment. - FY2023-Q3RestatedAnnual report
「In this business environment, we continue to implement measures that contribute to increasing the number of franchisees and the sales of each franchisee in order to strengthen our existing franchise business platform and improve our competitiveness in the market.」
The policy of increasing the number of franchisees was reiterated, but this filing also did not expressly state a specific target of 1,000 outlets or a deadline. - FY2022RestatedAnnual report
「Going forward, we will seek to expand operating revenue and achieve sustainable corporate growth by further increasing the number of franchise outlets and further improving the quality of services provided to franchisees, while aiming to further improve the above management indicators.」
The specific target of 1,000 outlets and its deadline continued not to be expressly stated, with the general expression "further increasing the number of franchise outlets" reiterated. - FY2021SoftenedAnnual report
「Going forward, we will seek to expand operating revenue and achieve sustainable corporate growth by further increasing the number of franchise outlets and further improving the quality of services provided to franchisees, while aiming to further improve the above management indicators.」
The specific target of 1,000 outlets was not expressly stated in this filing, and was replaced by the general expression "further increasing the number of franchise outlets." - FY2019RestatedAnnual report
「The foundations of our business strategy are the expansion of the Century 21 network through franchise recruitment and business support services to improve franchisee performance. Using these two businesses as the pillars of our operations, we will work to expand the business, establish a 1,000-outlet franchise network at an early date, respond flexibly and swiftly to changes in the environment, and pursue sustainable growth while fully fulfilling our corporate social responsibilities.」
The target of establishing a 1,000-outlet franchise network at an early date was reiterated. The outlet count at the end of the fiscal year ended March 2019 was 954. - FY2018RestatedAnnual report
「The foundations of our business strategy are the expansion of the Century 21 network through franchise recruitment and business support services to improve franchisee performance. Using these two businesses as the pillars of our operations, we will work to expand the business, establish a 1,000-outlet franchise network at an early date, respond flexibly and swiftly to changes in the environment, and pursue sustainable growth while fully fulfilling our corporate social responsibilities.」
The target of establishing a 1,000-outlet franchise network at an early date was reiterated. No clear deadline, such as a fiscal year, was stated. - FY2017SoftenedAnnual report
「Our business is broadly divided into the expansion of the Century 21 network through franchise recruitment and business support services to improve franchisee performance. We intend to expand our business using these two businesses as the pillars of our operations, and aim to establish a 1,000-outlet franchise network at an early date.」
The deadline changed from the previous expression, "during FY2017," to "at an early date," making the time frame for the 1,000-outlet target ambiguous rather than a clearly defined fiscal-year deadline. - FY2016First statedAnnual report
「In pursuit of the management target of 1,000 franchise outlets during FY2017, we implemented various measures in each area, including holding franchise seminars, and opened a Sapporo office to strengthen franchise recruitment and support in Hokkaido.」
The Company expressly stated a management target of 1,000 franchise outlets during FY2017, citing franchise seminars and the opening of a Sapporo office as measures.