Expansion of Business Operations and Store Network Through New Store Openings

「新規出店につきましては、牛めし業態13店舗、ラーメン業態５店舗、鮨業態１店舗、その他業態１店舗、海外１店舗の合計21店舗を出店し、また、香港松屋餐飲有限公司の連結子会社により、既存店４店舗増加いたしました。」

「Regarding new openings, we opened 104 stores: 88 beef-bowl restaurants, 3 tonkatsu restaurants, 4 sushi restaurants and 9 overseas or other-format restaurants (including 2 franchise stores). In addition, the number of ramen-format restaurants increased by 121 through the consolidation of 株式会社松富士 and 株式会社松富士食品 as subsidiaries. Meanwhile, we exited 11 directly operated beef-bowl restaurants, 1 tonkatsu restaurant and 1 other-format restaurant, and exited 4 overseas stores and terminated their franchise agreements. As of the end of the current consolidated fiscal year, the total number of stores, including franchise stores, was 1,573 (including 5 domestic franchise stores and 24 overseas stores).」

「Regarding new openings, we opened 51 stores in total: 40 beef-bowl restaurants, 4 sushi restaurants and 7 overseas or other-format restaurants (including 2 franchise stores). Meanwhile, we exited 8 directly operated beef-bowl restaurants and terminated 3 franchise agreements for overseas or other-format restaurants. Accordingly, as of the end of the interim consolidated accounting period, the total number of stores, including franchise stores, was 1,405 (including 5 domestic franchise stores and 24 overseas stores).」

「Regarding new openings, we opened 110 stores in total: 80 beef-bowl restaurants, 11 tonkatsu restaurants, 6 sushi restaurants and 13 overseas or other-format restaurants (including 3 overseas franchise stores). Meanwhile, we exited 10 stores: 9 directly operated beef-bowl restaurants and 1 overseas store. Accordingly, as of the end of the current consolidated fiscal year, the total number of stores, including franchise stores, was 1,365 (including 5 domestic franchise stores and 23 overseas stores).」

「Regarding new openings, we opened 49 stores in total: 33 beef-bowl restaurants, 8 tonkatsu restaurants, 3 sushi restaurants and 5 other-format restaurants. Meanwhile, we exited 2 directly operated beef-bowl restaurants. Accordingly, as of the end of the interim consolidated accounting period, the total number of stores, including franchise stores, was 1,312 (including 5 franchise stores and 18 overseas stores).」

「Regarding new openings, we opened 72 stores in total: 51 beef-bowl restaurants, 7 tonkatsu restaurants, 4 sushi restaurants and 10 overseas or other-format restaurants. Meanwhile, we exited 22 directly operated stores: 15 beef-bowl restaurants, 1 tonkatsu restaurant, 1 sushi restaurant and 5 overseas or other-format restaurants. In addition, 5 existing stores were added when 台灣松屋餐飲股份有限公司 became a consolidated subsidiary from the current consolidated fiscal year. Accordingly, as of the end of the current consolidated fiscal year, the total number of stores, including franchise stores, was 1,265 (including 5 franchise stores and 15 overseas stores).」

「Regarding new openings, we opened 52 stores in total: 38 beef-bowl restaurants, 6 tonkatsu restaurants, 2 sushi restaurants and 6 overseas or other-format restaurants. Meanwhile, we exited 10 directly operated stores, comprising 6 beef-bowl restaurants and 4 overseas or other-format restaurants. In addition, 5 existing stores were added when 台灣松屋餐飲股份有限公司 became a consolidated subsidiary from the current consolidated fiscal year. Accordingly, as of the end of the third quarter of the current consolidated fiscal year, the total number of stores, including franchise stores, was 1,257 (including 5 franchise stores and 13 overseas stores).」

「Regarding new openings, we opened 25 stores in total: 17 beef-bowl restaurants, 4 tonkatsu restaurants, 2 sushi restaurants and 2 other-format restaurants. Meanwhile, we exited 8 directly operated stores, comprising 5 beef-bowl restaurants and 3 overseas or other-format restaurants. In addition, 5 existing stores were added when 台灣松屋餐飲股份有限公司 became a consolidated subsidiary from the current consolidated fiscal year. Accordingly, as of the end of the second quarter of the current consolidated fiscal year, the total number of stores, including franchise stores, was 1,232 (including 5 franchise stores and 12 overseas stores).」

「Regarding new openings, we opened 8 stores in total: 6 beef-bowl restaurants, 1 tonkatsu restaurant and 1 sushi restaurant. Meanwhile, we exited 3 directly operated stores: 1 beef-bowl restaurant and 2 other-format restaurants. In addition, 5 existing stores were added when 台灣松屋餐飲股份有限公司 became a consolidated subsidiary from the current consolidated fiscal year. Accordingly, as of the end of the first quarter of the current consolidated fiscal year, the total number of stores, including franchise stores, was 1,220 (including 5 franchise stores and 13 overseas stores).」

「Regarding new openings, we opened 31 stores in total: 29 beef-bowl restaurants and 2 other-format restaurants. Meanwhile, we exited 28 directly operated stores: 20 beef-bowl restaurants, 3 tonkatsu restaurants, 1 sushi restaurant and 4 overseas other-format restaurants, and terminated 1 franchise agreement for a beef-bowl restaurant. Accordingly, as of the end of the current consolidated fiscal year, the total number of stores, including franchise stores, was 1,210 (including 5 franchise stores and 8 overseas stores).」

「Regarding new openings, we opened 24 stores in total: 22 beef-bowl restaurants and 2 other-format restaurants. Meanwhile, we exited 21 directly operated stores: 14 beef-bowl restaurants, 3 tonkatsu restaurants, 1 sushi restaurant and 3 other-format restaurants. Accordingly, as of the end of the third quarter of the current consolidated fiscal year, the total number of stores, including franchise stores, was 1,210 (including 6 franchise stores and 9 overseas stores).」

「Regarding new openings, we opened 17 stores in total: 15 beef-bowl restaurants and 2 overseas other-format restaurants. Meanwhile, we exited 18 directly operated stores: 13 beef-bowl restaurants, 2 tonkatsu restaurants, 1 sushi restaurant and 2 overseas other-format restaurants. Accordingly, as of the end of the second quarter of the current consolidated fiscal year, the total number of stores, including franchise stores, was 1,206 (including 6 franchise stores and 10 overseas stores).」

「Regarding new openings, we opened 9 stores in total: 8 beef-bowl restaurants and 1 overseas other-format restaurant. Meanwhile, we exited 9 directly operated stores: 6 beef-bowl restaurants, 1 sushi restaurant and 2 overseas other-format restaurants. Accordingly, as of the end of the first quarter of the current consolidated fiscal year, the total number of stores, including franchise stores, was 1,207 (including 6 franchise stores and 10 overseas stores).」

「Regarding new openings, we opened 39 stores in total: 32 beef-bowl restaurants (including 1 franchise store), 4 tonkatsu restaurants and 3 other-format restaurants. Meanwhile, we exited 24 directly operated stores: 11 beef-bowl restaurants, 8 tonkatsu restaurants and 5 other-format restaurants (2 domestic and 3 overseas). Accordingly, as of the end of the current consolidated fiscal year, the total number of stores, including franchise stores, was 1,207 (including 6 franchise stores and 11 overseas stores).」

「Regarding new openings, we opened 32 stores in total: 25 beef-bowl restaurants, 4 tonkatsu restaurants and 3 other-format restaurants. Meanwhile, we exited 17 directly operated stores: 7 beef-bowl restaurants, 7 tonkatsu restaurants and 3 other-format restaurants. Accordingly, as of the end of the third quarter of the current consolidated fiscal year, the total number of stores, including franchise stores, was 1,207 (including 5 franchise stores and 12 overseas stores).」

「Regarding new openings, we opened 18 stores in total: 14 beef-bowl restaurants, 3 tonkatsu restaurants and 1 other-format restaurant. Meanwhile, we exited 16 directly operated stores: 7 beef-bowl restaurants, 6 tonkatsu restaurants and 3 other-format restaurants. Accordingly, as of the end of the second quarter of the current consolidated fiscal year, the total number of stores, including franchise stores, was 1,194 (including 5 franchise stores and 11 overseas stores).」

「Regarding new openings, we opened 10 stores in total: 6 beef-bowl restaurants, 3 tonkatsu restaurants and 1 other-format restaurant. Meanwhile, we exited 9 directly operated stores: 4 beef-bowl restaurants, 3 tonkatsu restaurants and 2 other-format restaurants. Accordingly, as of the end of the first quarter of the current consolidated fiscal year, the total number of stores, including franchise stores, was 1,193 (including 5 franchise stores and 11 overseas stores).」

「Regarding new openings, we opened 44 stores in total: 30 beef-bowl restaurants, 10 tonkatsu restaurants and 4 other-format restaurants. Meanwhile, we exited 58 directly operated stores: 39 beef-bowl restaurants, 12 tonkatsu restaurants, 1 sushi restaurant and 6 overseas other-format restaurants, and terminated 1 franchise agreement for a beef-bowl restaurant. Accordingly, as of the end of the current consolidated fiscal year, the total number of stores, including franchise stores, was 1,192 (including 5 franchise stores and 12 overseas stores).」

「Regarding new openings, we opened 32 stores in total: 22 beef-bowl restaurants, 7 tonkatsu restaurants and 3 other-format restaurants. Meanwhile, we exited 38 directly operated stores: 26 beef-bowl restaurants, 11 tonkatsu restaurants and 1 overseas other-format restaurant, and terminated 1 franchise agreement for a beef-bowl restaurant. Accordingly, as of the end of the third quarter of the current consolidated fiscal year, the total number of stores, including franchise stores, was 1,200 (including 5 franchise stores and 13 overseas stores).」

「Regarding new openings, we opened 19 stores in total: 12 beef-bowl restaurants, 4 tonkatsu restaurants and 3 other-format restaurants. Meanwhile, we exited 17 directly operated stores: 11 beef-bowl restaurants and 6 tonkatsu restaurants. Accordingly, as of the end of the second quarter of the current consolidated fiscal year, the total number of stores, including franchise stores, was 1,209 (including 6 franchise stores and 14 overseas stores).」

「Regarding new openings, we opened 10 stores in total: 6 beef-bowl restaurants, 1 tonkatsu restaurant and 3 other-format restaurants. Meanwhile, we exited 6 directly operated stores: 4 beef-bowl restaurants and 2 tonkatsu restaurants. Accordingly, as of the end of the first quarter of the current consolidated fiscal year, the total number of stores, including franchise stores, was 1,211 (including 6 franchise stores and 14 overseas stores).」

「Regarding new openings, we opened 48 stores in total: 20 beef-bowl restaurants, 14 tonkatsu restaurants, 3 sushi restaurants and 11 other-format restaurants (including 3 overseas stores and 1 franchise store). Meanwhile, we exited 22 stores and terminated franchise agreements: 15 directly operated beef-bowl restaurants, 3 tonkatsu restaurants and 4 other-format restaurants (including 1 overseas store and 1 franchise store). Accordingly, as of the end of the current consolidated fiscal year, the total number of stores, including franchise stores, was 1,207 (including 6 franchise stores and 14 overseas stores).」

「Regarding new openings, we opened 31 stores in total: 13 beef-bowl restaurants, 11 tonkatsu restaurants, 2 sushi restaurants and 5 other-format restaurants (including 2 overseas stores and 1 franchise store). Meanwhile, we exited 15 directly operated stores: 9 beef-bowl restaurants, 3 tonkatsu restaurants and 3 other-format restaurants. Accordingly, as of the end of the third quarter of the current consolidated fiscal year, the total number of stores, including franchise stores, was 1,197 (including 7 franchise stores and 14 overseas stores).」

「Regarding new openings, we opened 23 stores in total: 11 beef-bowl restaurants, 8 tonkatsu restaurants, 2 sushi restaurants and 2 other-format restaurants (both overseas, including 1 franchise store). Meanwhile, we exited 14 directly operated stores: 9 beef-bowl restaurants, 3 tonkatsu restaurants and 2 other-format restaurants. Accordingly, as of the end of the second quarter of the current consolidated fiscal year, the total number of stores, including franchise stores, was 1,190 (including 7 franchise stores and 14 overseas stores).」

「Regarding new openings, we opened 10 stores in total: 4 beef-bowl restaurants, 4 tonkatsu restaurants and 2 sushi restaurants. Meanwhile, we exited 6 directly operated stores: 4 beef-bowl restaurants, 1 tonkatsu restaurant and 1 other-format restaurant. Accordingly, as of the end of the first quarter of the current consolidated fiscal year, the total number of stores, including franchise stores, was 1,185 (including 6 franchise stores and 12 overseas stores).」

「Regarding new openings, we focused primarily on tonkatsu restaurants, our second main business format, opening 66 stores in total: 42 tonkatsu restaurants, 14 beef-bowl restaurants, 3 sushi restaurants and 7 other-format restaurants (5 domestic and 2 overseas). Meanwhile, we exited 9 directly operated beef-bowl restaurants, 2 tonkatsu restaurants and 1 sushi restaurant. Accordingly, as of the end of the current consolidated fiscal year, the total number of stores, including franchise stores, was 1,181 (including 6 franchise stores and 12 overseas stores).」

「Regarding new openings, we focused primarily on tonkatsu restaurants, our second main business format, opening 50 stores in total: 34 tonkatsu restaurants, 11 beef-bowl restaurants, 1 sushi restaurant and 4 other-format restaurants (2 domestic and 2 overseas). Meanwhile, we exited 6 directly operated beef-bowl restaurants and 1 tonkatsu restaurant. Accordingly, as of the end of the third quarter of the current consolidated fiscal year, the total number of stores, including franchise stores, was 1,170 (including 6 franchise stores and 12 overseas stores).」

「Regarding new openings, we focused primarily on tonkatsu restaurants, our second main business format, opening 27 stores in total: 15 tonkatsu restaurants, 8 beef-bowl restaurants and 4 other-format restaurants (2 domestic and 2 overseas). Meanwhile, we exited 2 directly operated beef-bowl restaurants and 1 tonkatsu restaurant. Accordingly, as of the end of the second quarter of the current consolidated fiscal year, the total number of stores, including franchise stores, was 1,151 (including 6 franchise stores and 12 overseas stores). By business format, there were 959 beef-bowl restaurants, 162 tonkatsu restaurants, 6 sushi restaurants and 24 other-format restaurants.」

「Regarding new openings, we focused primarily on tonkatsu restaurants, our second main business format, opening 12 stores in total: 6 tonkatsu restaurants, 4 beef-bowl restaurants and 2 other-format restaurants (1 domestic and 1 overseas). Meanwhile, we exited 1 directly operated beef-bowl restaurant. Accordingly, as of the end of the first quarter of the current consolidated fiscal year, the total number of stores, including franchise stores, was 1,138 (including 6 franchise stores and 11 overseas stores).」

「Regarding new openings, we focused primarily on tonkatsu restaurants, our second main business format, opening 44 stores in total: 24 tonkatsu restaurants, 13 beef-bowl restaurants and 7 other-format restaurants (4 domestic and 3 overseas). Meanwhile, we exited 3 directly operated beef-bowl restaurants and 1 other-format restaurant. Accordingly, as of the end of the third quarter of the current consolidated fiscal year, the total number of stores, including franchise stores, was 1,120 (including 6 franchise stores and 10 overseas stores).」

「Regarding new openings, we focused primarily on tonkatsu restaurants, our second main business format, opening 33 stores in total: 17 tonkatsu restaurants, 10 beef-bowl restaurants and 6 other-format restaurants (4 domestic and 2 overseas). Meanwhile, we exited 3 directly operated beef-bowl restaurants. Accordingly, as of the end of the second quarter of the current consolidated fiscal year, the total number of stores, including franchise stores, was 1,110 (including 6 franchise stores and 9 overseas stores).」

「Regarding new openings, we focused primarily on tonkatsu restaurants, our second main business format, opening 10 stores in total: 7 tonkatsu restaurants, 1 beef-bowl restaurant and 2 other-format restaurants (1 domestic and 1 overseas). Meanwhile, we exited 1 directly operated beef-bowl restaurant. Accordingly, as of the end of the first quarter of the current consolidated fiscal year, the total number of stores, including franchise stores, was 1,089 (including 6 franchise stores and 8 overseas stores).」

「New store openings focused on the tonkatsu format, its second core business format, with 28 tonkatsu stores, 9 gyumeshi stores and 4 other-format stores (3 domestic and 1 overseas), for a total of 41 new stores. Meanwhile, the Group closed 14 directly operated gyumeshi stores and 3 tonkatsu stores, and terminated the franchise agreement for 1 franchise store. As a result, the number of stores as of the end of the third quarter of the current fiscal year was 1,074, including franchise stores, of which 6 were franchise stores and 7 were overseas stores.」

「Against this backdrop, the Group actively pursued the expansion and enhancement of its business operations by implementing the following measures. New store openings focused on the tonkatsu format, its second core business format, with 17 tonkatsu stores, 5 gyumeshi stores and 2 overseas and other-format stores (1 domestic and 1 overseas), for a total of 24 new stores. Meanwhile, the Group closed 11 directly operated gyumeshi stores and 3 tonkatsu stores, and terminated the franchise agreement for 1 franchise store. As a result, the number of stores as of the end of the second quarter of the current fiscal year was 1,060, including franchise stores, of which 6 were franchise stores and 7 were overseas stores.」