Franchisee Attrition Risk
First written in FY2021. 2 of 3 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2025: 3 of 10 companies on the "Worse" side.
16 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「However, if a franchisee withdraws for any reason, this could affect the group's business performance.」
The company continues to identify the risk of franchisee withdrawals while describing multifaceted support for franchisees and collaboration among owners. - FY2023RestatedAnnual report
「Through its consolidated subsidiary B-first株式会社, our group enters into franchise agreements with franchisees and provides management guidance, business know-how and training, as well as multifaceted support including recruitment, marketing and financing. …However, if a franchisee withdraws for any reason, this could affect the group's business performance.」
The company continues to explain that multifaceted support makes withdrawals less likely, while maintaining the residual risk if a withdrawal occurs. - FY2021First statedAnnual report
「However, if a franchisee withdraws for any reason, this could affect the group's business performance.」
While explaining that know-how sharing among owners and support for recruitment and marketing make withdrawals less likely, the company continues to identify this as a residual risk.