Cypress Holdings Co.,Ltd. [428A.T]
TOKYO, Apr 15 (Pulse News Wire) – Cyprus Co., Ltd. (428A.T) announced today that its subsidiary, Cypress Corporation, will commence franchise operations for the "Ginzatown Cuisine Store" brand.
The decision was made during a board meeting held, aiming to diversify revenue sources in response to changing market conditions. Since launching its first store in July 2022, the company has expanded to 20 locations through direct operation. With the acquisition of exclusive rights from K.S Frontier Corporation, Cypress Corporation plans to accelerate expansion via franchising while continuing its existing direct-store model. The move seeks to enhance brand recognition and operational efficiency across the country.
Key aspects of the franchise program include providing operating rights along with expertise in product development, store management, and talent cultivation. A dedicated department within the subsidiary will oversee the initiative, although no additional expenses are anticipated at this stage. The franchise rollout is scheduled to begin in May 2026. Looking ahead, the company expects minimal impact on fiscal 2026 results but sees long-term benefits in enhancing corporate value.
Any significant future impacts on performance will be disclosed promptly.
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