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Jan. 27, 2017

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Kushikatsu Tanaka, results for the fiscal year ending November 2016 markedly increased revenue and profit

Sales amount is including the full year contribution of 14 directly managed stores that opened in the second half of the previous fiscal year (November 2015), and contribution of 14 directly managed stores opened in the previous term (November 2016).

Furthermore, the year-on-year contribution of royalty revenues from 13 franchise stores opened in the second half of the previous fiscal year and royalty revenue from 23 franchise stores opened in the previous fiscal year, etc. increased by 58.2% to 3.97 billion yen.

Ordinary income also increased 52.9% from the previous fiscal year to 410 million yen, which is a significant increase.
It is anticipated seven quarters consecutive increases both in sales and profits in this fiscal year.

The sales amount of 16 directly managed stores and 24 new opened franchise stores are expected to increase 28.4% from the previous fiscal year to 510 million yen, and ordinary profit is also predicted increase 22.3% from the previous fiscal year to 390 million yen.

At present, it is planned to raise the competitiveness by lowering the unit price of about 2,400 yen to about 2,100 yen.