As the leading company in the low-priced Kaiten sushi market, which continues to grow, Sushiro Group will continue to pursue steady growth by further strengthening our existing successful business model.
We will develop management policies based on the following three key points as specific future growth strategies during the Medium-term Management Plan (fiscal year ending September 30, 2017, to fiscal year ending September 30, 2019).
1. Continue to steadily open new stores
During the Medium-term Management Plan, we will continue to open around 30 to 40 new stores per year (which is a similar pace to the average number of new stores we have opened since 2014), based on the Sushiro business model. We will aim to achieve sustainable and steady growth.
2. Continue the sales trend at existing stores
As we continue to open new stores at a sustainable and steady pace, we will aim to continue the positive sales trend(❊) that has continued for five years or more at our existing stores.
(❊) Year-on-year comparison at existing stores using the Sushiro model in Japan.
3. Improve the profit rate through strict cost controls
We will promote more efficient store management and the optimization of head office costs, as we set about improving the profit rate while maintaining a “cost rate of around 50%”, which is the source of Sushiro Group’s ability to provide delicious sushi and one of our key strengths.
In addition to the above three growth strategies, Sushiro Group will strengthen the development of its overseas business.
Please see the attached Medium-term Management Plan for more details.
Medium-term Management Plan (fiscal year ending September 30, 2017, to fiscal year ending September 30, 2019)