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Ministop (9946) · RiskMitigated

Franchisees abandoning operations and decline in new contracts

First written in FY2017. 9 of 14 entries say "Restated". Latest entry: FY2026.

14entries
10years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017 – FY2022-Q3MitigatedFY2024 – FY20262017: 320172018: 120182019: 120192020: 220202021: 220212022: 120222023: 020232024: 220242025: 120252026: 12026
Same theme, other companies
Stagnation in Franchise Store Network Expansion and Contract TerminationsA theme 14 companies write about · 14 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2026: 4 of 6 companies on the "Worse" side.

1 other company's 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.
Full recordFilings, disclosures and news, newest first
  1. FY2026MitigatedAnnual report

    「As we expand Ministop Partnership Agreements, under which franchise stores and headquarters share the business profits they generate together, we are advancing company-wide reforms to establish an effective store management support system and reform the management system, including personnel development.」

    To address the risks of franchisees abandoning their businesses and deteriorating profitability, we continued expanding partnership agreements, providing store management guidance, and reforming personnel development and the management system.
  2. FY2025MitigatedAnnual report

    「As the proportion of partnership agreements increases, we are rapidly advancing company-wide reforms to establish an effective and efficient management support system and reform the management system, including personnel training and recruitment, so that franchise stores and headquarters can grow together.」

    To address the risks of franchisees abandoning their businesses and deteriorating profitability, we advanced reforms to the support system, including the expansion of partnership agreements and management guidance, personnel recruitment and training.
  3. FY2025-Q1MitigatedAnnual report

    「We will move into areas not previously covered by conventional management guidance, such as optimizing waste disposal and recruiting and training personnel, while advancing a qualitative transformation of our management guidance.」

    To address franchisees abandoning their businesses and deteriorating profitability, we advanced a transition to a management support system covering waste disposal and personnel recruitment and training, in addition to expanding partnership agreements.
  4. FY2024MitigatedAnnual report

    「As the proportion of partnership agreements and multi-store operators increases, we are reforming our headquarters and advancing a management support system that extends into areas not previously covered by our management guidance, such as recruiting and training personnel, in addition to establishing efficient management methods covering the design of operating plans, guidance on ordering to increase sales and generate profit, and expense control, so that franchise stores and headquarters can grow together.」

    To address the risks of franchisees abandoning their businesses and a decline in new contracts, we advanced reforms to the management support system, including the expansion of partnership agreements and guidance on ordering, expenses, recruitment and training.
  5. FY2022-Q3RestatedAnnual report

    「There were no newly arising business or other risks during the cumulative consolidated period for the third quarter. Nor were there any material changes to the business or other risks described in the securities report for the previous fiscal year.」

    It states that there have been no material changes to existing risks, including franchisees abandoning their businesses and a decline in new contracts.
  6. FY2022-Q2RestatedAnnual report

    「There were no newly arising business or other risks during the cumulative consolidated period for the second quarter. Nor were there any material changes to the business or other risks described in the securities report for the previous fiscal year.」

    It states that there have been no material changes to existing risks, including franchisees abandoning their businesses and a decline in new contracts.
  7. FY2021-Q3RestatedAnnual report

    「There were no newly arising business or other risks during the cumulative consolidated period for the third quarter. Nor were there any material changes to the business or other risks described in the securities report for the previous fiscal year.」

    It states that there have been no material changes to existing business and other risks, including franchisees abandoning their businesses and a decline in new contracts.
  8. FY2021-Q2RestatedAnnual report

    「There were no newly arising business or other risks during the cumulative consolidated period for the second quarter. Nor were there any material changes to the business or other risks described in the securities report for the previous fiscal year.」

    It states that there have been no material changes to existing risks, including franchisees abandoning their businesses and a decline in new contracts.
  9. FY2020-Q3RestatedAnnual report

    「There were no newly arising business or other risks during the cumulative consolidated period for the third quarter. Nor were there any material changes to the business or other risks described in the securities report for the previous fiscal year.」

    It states that there have been no material changes to existing risks, including franchisees abandoning their businesses and a decline in new contracts.
  10. FY2019-Q3RestatedAnnual report

    「There were no newly arising business or other risks during the cumulative consolidated period for the third quarter. Nor were there any material changes to the business or other risks described in the securities report for the previous fiscal year.」

    It states that there have been no material changes to existing risks, including franchisees abandoning their businesses and a decline in new contracts.
  11. FY2019-Q2RestatedAnnual report

    「There were no newly arising business or other risks during the cumulative consolidated period for the second quarter. Nor were there any material changes to the business or other risks described in the securities report for the previous fiscal year.」

    It states that there have been no material changes to existing risks, including franchisees abandoning their businesses and a decline in new contracts.
  12. FY2018-Q2RestatedAnnual report

    「There were no newly arising business or other risks during the cumulative consolidated period for the second quarter. Nor were there any material changes to the business or other risks described in the securities report for the previous fiscal year.」

    It states that there have been no material changes regarding franchisees abandoning their businesses and a decline in new contracts.
  13. FY2018-Q1RestatedAnnual report

    「There were no newly arising business or other risks during the cumulative consolidated period for the first quarter. Nor were there any material changes to the business or other risks described in the securities report for the previous fiscal year.」

    It states that there have been no material changes regarding franchisees abandoning their businesses and a decline in new contracts.
  14. FY2017First statedAnnual report

    「If franchisees abandon their businesses due to aging and a lack of successors, the emergence of competing stores or changes in store locations that worsen franchise store profitability, the number of stores may decline, potentially affecting our Group's operating performance and other results.」

    It identifies franchise network risks including aging franchisees, a lack of successors, deteriorating franchise store profitability and a decline in new franchise contracts.
Moved together

"Expansion of services such as in-store pickup and social gifting" moved the same way as this thread, in the same document, in 4 of its 14 moves.

444444★123456
  1. ★This thread
  2. 1Expansion of services such as in-store pickup and social gifting4×
  3. 2Improving Profitability in the Vietnam Business and Establishing One-Stop Stores4×
  4. 3Evolution of In-Store-Prepared Fast Food4×
  5. 4Integrated Operations with Franchisees and Product Assortment Support4×
  6. 5Recovery of Deposits for Leased Store Premises4×
  7. 6Establishment of a New Combo Store Model4×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Ministop yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Franchisees abandoning operations and decline in new contracts | MINISTOP CO.,LTD. (9946) | Komori