Twenty-four seven Holdings Inc. [7074.T]
TOKYO, Apr 27 (Pulse News Wire) – Twenty-four Seven Holdings Inc. (7074.T) decided at its April 27 board meeting to transfer part of its personal training operations, operating under brands such as “24/7Workout,” to third-party franchise operators.
The move aims to improve efficiency and profitability in less profitable regional areas. Currently, the company operates 98 stores across Japan, including 83 directly managed outlets and 15 franchised locations. However, due to factors like the pandemic and changing customer needs, managing remote stores in regions outside the main metropolitan areas has proven inefficient, leading to higher management costs and lower sales performance.
To address this, the company plans to hand over up to around ten stores in regional areas to local operators who possess strong networks and operational expertise. The transfers are expected to begin on or after May 1, 2026. Specific details on the stores involved, their transferees, and transaction prices will be determined later.
Any significant developments related to this plan will be disclosed promptly.
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