Komori
Daisyo (9979) · InitiativeWorsened

Promotion of the Voluntary Chain (VC) Program

First written in FY2018-Q1. 10 of 19 entries say "Advanced", first in FY2018-Q2. Latest entry: 2026-10-15.

19entries
9years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2019-Q3 – FY2020-Q1AdvancedFY2023-Q1 – FY2024-Q22018: 420182019: 220192020: 120202021: 020212022: 020222023: 420232024: 320242025: 120252026: 42026
Same theme, other companies
Expansion of Store Operations Based on a Voluntary ChainA theme 2 companies write about · 1 as a headwind · 1 as a tailwind

Daisyo moved to the "Worse" side of this theme in 2026.

0 other companies' latest entry also says "Worsened".

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. FY2026-H1WorsenedAnnual report

    「For the FC/VC Business, revenue decreased 9.5% year on year to ¥422 million, due to a decrease in FC/VC stores and the renewal of business-right usage fees, among other factors.」

    Revenue from the FC and VC business decreased 9.5% year on year to ¥422 million, mainly due to a decrease in FC and VC stores. Of the 304 stores, 28 were FC stores and 47 were VC stores.
  2. FY2025-H1AdvancedAnnual report

    「In terms of store expansion, 11 stores were renovated and 7 stores were closed, including 2 converted to VC (voluntary chain) stores. As a result, the number of stores operated by the Group at the end of the interim consolidated accounting period was 321, comprising 236 directly operated stores, 33 FC stores and 52 VC stores. In the FC and VC business, revenue increased 1.5% year on year to ¥466 million, mainly due to higher business rights fees associated with the increase in VC stores.」

    2 stores were converted to VC stores, bringing the number of VC stores to 52. Revenue from the FC and VC business increased 1.5% year on year to ¥466 million.
  3. FY2024-Q3Decrease in the number of VC storesAnnual report

    「With respect to the store network, we opened 7 new stores, renovated 13 stores and closed 7 stores, including 1 converted to a voluntary chain store. As a result, the number of stores in the Group at the end of the third quarter of the current consolidated fiscal year was 333, comprising 244 directly operated stores, 39 franchised stores and 50 voluntary chain stores.」

    Although 1 store was converted to a VC store, the number of VC stores decreased from 51 in the previous quarter to 50.
  4. FY2024-Q2AdvancedAnnual report

    「In terms of store expansion, 4 new stores were opened, 6 stores were renovated and 3 stores were closed, including 1 transferred to a voluntary chain. As a result, the number of Group stores at the end of the second-quarter consolidated accounting period was 336, comprising 245 directly operated stores, 40 franchised stores and 51 voluntary-chain stores.」

    1 store was converted to a VC store, bringing the number of VC stores to 51. Including 40 FC stores, the total number of FC and VC stores was 91.
  5. FY2024-Q1AdvancedAnnual report

    「In terms of store expansion, 1 new store was opened, 5 stores were renovated and 2 stores were closed, including 1 transferred to a voluntary chain. As a result, the number of Group stores at the end of the first-quarter consolidated accounting period was 337, comprising 243 directly operated stores, 43 franchised stores and 51 voluntary-chain stores.」

    1 store was converted to a VC store, increasing the number of VC stores from 50 at the end of the previous fiscal year to 51.
  6. FY2023AdvancedAnnual report

    「In terms of store expansion, 9 new stores were opened, 9 stores were renovated and 55 stores were closed, including 13 transferred to voluntary chains. As a result, the number of Group stores at the end of the consolidated fiscal year was 338, comprising 244 directly operated stores, 44 franchised stores and 50 voluntary-chain stores.」

    13 stores were converted to VC stores, resulting in 50 VC stores and a total of 94 FC and VC stores.
  7. FY2023-Q3AdvancedAnnual report

    「In terms of store expansion, 6 new stores were opened, 7 stores were renovated and 44 stores were closed, including 9 converted to VC stores. As a result, the number of stores operated by the Group at the end of the third quarter of the fiscal year was 349, comprising 252 directly operated stores, 47 franchise stores and 50 VC stores. In the franchise business, revenue increased 343.8% year on year to ¥638 million, mainly due to higher business rights fees associated with the increase in VC stores.」

    9 stores were converted to VC stores, bringing the number of VC stores to 50. Franchise revenue increased 343.8% year on year as the number of VC stores increased.
  8. FY2023-Q2AdvancedAnnual report

    「In terms of store expansion, 4 new stores were opened, 3 stores were renovated and 22 stores were closed, including 4 transferred to voluntary chains. As a result, the number of Group stores at the end of the second-quarter consolidated accounting period was 366, comprising 272 directly operated stores, 49 franchised stores and 45 voluntary-chain stores.」

    4 stores were converted to VC stores, increasing the number of VC stores from 44 previously to 45.
  9. FY2023-Q1AdvancedAnnual report

    「In the franchise business, revenue increased 333.2% year on year to ¥198 million, mainly due to higher business rights usage fees as the number of VC outlets increased.」

    It states that the increase in VC stores led to higher business rights fees and a 333.2% increase in franchise revenue.
  10. FY2020-Q1RestatedAnnual report

    「Strengthening support for the store operations of FC and VC (voluntary chain) outlets」

    In addition to promoting the VC system, the company continues measures to support the operations of FC and VC outlets.
  11. FY2019-Q3RestatedAnnual report

    「In the franchise business, revenue increased 8.9% year on year to ¥354 million as the business expanded through the promotion of the Voluntary Chain (VC) system.」

    The company continues to expand the franchise business by promoting the VC system.
  12. FY2019-Q2AdvancedAnnual report

    「In the franchise business, revenue increased 9.4% year on year to ¥237 million as the business expanded through the promotion of the Voluntary Chain (VC) system.」

    Business expansion accompanying the promotion of the VC system continued, and revenue from the franchise business increased 9.4% year on year.
  13. FY2018RestatedAnnual report

    「In the franchise business, revenue increased 17.6% year on year to ¥441 million as the business expanded through the promotion of the Voluntary Chain (VC) system introduced in the previous period.」

    The company states that promoting the VC system introduced in the previous period led to the expansion of the franchise business and a 17.6% increase in revenue for the full year.
  14. FY2018-Q3AdvancedAnnual report

    「In the franchise business, revenue increased 17.6% year on year to ¥325 million as the business expanded through the promotion of the Voluntary Chain (VC) system introduced in the previous period.」

    Following the promotion of the VC system introduced in the previous period, revenue from the franchise business increased 17.6% year on year.
  15. FY2018-Q2AdvancedAnnual report

    「In the franchise business, revenue increased 15.7% year on year to ¥217 million as the business expanded through the promotion of the Voluntary Chain (VC) system introduced in the previous period.」

    Following the promotion of the VC system introduced in the previous period, revenue from the franchise business increased 15.7% year on year.
  16. FY2018-Q1First statedAnnual report

    「Revenue increased 10.1% year on year to ¥110 million due to business expansion accompanying the promotion of the voluntary chain (VC) system introduced in the previous period.」

    This is recorded for the first time as a measure to promote the VC system introduced in the previous period and expand the franchise business.
Moved together

"Strengthening Store Renovations" moved the same way as this thread, in the same document, in 10 of its 19 moves.

10109776★123456
  1. ★This thread
  2. 1Strengthening Store Renovations10×
  3. 2Review of Store Expansion Through Openings, Remodeling and Closures10×
  4. 3Decline in Franchise Business Revenue9×
  5. 4Increase in Wholesale Business Revenue7×
  6. 5Swing to Operating Profit7×
  7. 6SG&A Cost Reduction6×

★ 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
Daisyo's next results are scheduled for 2026-10-15. Read the earnings preview It last moved in the Revision of earnings forecasts of 2026-10-15: "Worsened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Promotion of the Voluntary Chain (VC) Program | DAISYO CORPORATION (9979) | Komori