Tbs Holdings (9401) · RiskFirst statedLatest Earnings presentation (2026-05-14): "Mitigated"
Risk of Brand Damage from Franchise Agreement Terminations and Franchisee Scandals
First written in FY2024. 1 of 2 entries say "Mitigated", first in 2026-05-14. Latest entry: 2026-05-14.
2entries
3years
1from disclosures
How it moved
Same theme, other companies
Brand damage caused by franchisee conductA theme 33 companies write about · 34 as a headwind · 0 as a tailwind
The whole theme swung hardest in 2025: 4 of 12 companies on the "Worse" side.
3 other companies' latest entry also says "Mitigated".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 33 companies compared. The sentences above are computed from all 33.Full recordFilings, disclosures and news, newest first
- 2026-05-14MitigatedEarnings presentation
「■ Tightening of the criteria for opening new franchise classrooms」
Tightening the criteria for opening new classrooms is presented as a response to risks of brand damage involving franchise agreements and franchisees. - FY2024First statedAnnual report
「A franchise system improves business performance through a relationship of mutual trust between the parties to the agreement. If that relationship of trust is damaged, or if franchisees become unable to continue operating because of deteriorating profitability, the termination of franchise agreements with many franchisees could affect the business performance and financial condition of our group.」
Newly disclosed risks of declining brand image associated with trust-based relationships with franchisees, franchise agreement terminations and franchisee misconduct in the educational enrichment and education business and other franchise operations.