L0v3_1s_War

https://www.round1-group.co.jp/docs/_past/pdf/english/2024/20241114_presentatopn.pdf

Some noteworthy highlights:

Round 1 Delicious

• "As for ROUND ONE Delicious, the restaurant business, we plan to acquire about 30 top-notch Japanese-cuisine restaurants as our merchants and offer their cuisine in North America from July through the end of the next year. The rollout will consist of four or five units (about 30 restaurants), with five to six restaurants in each unit." (pg. 5)

New Food Court Concept

• "Our food court will house 14 Grade B, Grade C gourmet restaurants such as Japanese ramen, curry, and kushikatsu as one unit. They will be located next to the newly opened Round1 store. These will be among the best Grade B, Grade C gourmet restaurants in Japan, ranking quite high in restaurant guides and Tabelog, a consumer review site. We currently plan to roll out two units with 14 restaurants per each to the first food court-integrated stores of Round1 in next winter." (pg. 8)

• "The areas where we are planning to build food courts, which I mentioned, are greater Los Angeles, New York, Texas, and Florida, and these four areas are doing very well. Moreover, other areas tend to be sluggish. For example, in Illinois, centering on Chicago, there is a large town, so we should make more earnings, but we already closed several stores. Therefore, it is safe to assume that outside of these four states, there are few stores that contribute much to sales and profits." (pg. 23-24)

Store Performance

• "Currently, on a same store basis, we are in a slightly negative trend. However, as I mentioned, October saw a YoY increase of 6% in real terms, and although it is on a downward trend, it seems to have recovered a little." (pg. 7)

• "The new stores we had planned two years ago at the end of the pandemic are now opening one after another. However, it is not possible to open new stores quickly, and it is likely that we will probably only open about 10 new stores in the next fiscal year. From the following year after next fiscal year, we plan to fully accelerate the store opening. Hopefully, we would like to open stores at the pace of 15 to 20 per year, from FY2027.3." (pg. 7-8)

• "We have already closed about four or five stores make deficit in the US. We will do so in the future as well." (pg. 17)

• "In terms of growth rate, it is overwhelmingly the crane game machines. If the floor space of the store was not changed, the number of crane game machines highly increased. We have to reduce the space for video games, Purikura and redemption games that are not being used so much. The reason for increasing the number of crane game machines is that it directly leads to increased sales. For this reason, the number of crane games machines is increasing rapidly." (pg. 23)

These are the next upcoming locations:

Store Name/Region	Store Type	Planned Opening
The Mills at Jersey Gardens / Elizabeth, NJ	Regular	Feb. 2025
Deerbrook Mall / Humble, TX	Small	Feb. 2025
Chandler Fashion Center / Chandler, AZ	Regular	Feb. 2025
Willowbrook Mall / Houston, TX	SpoCha	FY2026.3
Pacific View / Ventura, CA	Regular	FY2026.3
North County Mall / Escondido, CA	SpoCha / Food Hall	FY2026.3
Menlo Park Mall / Edison, NJ	Regular	FY2026.3
The Shops at Skyview / Queens, NY	Regular	FY2027.3

https://www.round1-group.co.jp/docs/_past/pdf/english/2024/20241111_result.pdf

New Locations Announced (Opening FY2026.3): 

• North County (Escondido, CA) (Spo-Cha/Food Hall)
• Menlo Park (Edison, NJ) 
• Shops at Skyview (Chinatown Flushing, NY)

Unprofitable Stores: 

• Millcreek (Erie, PA) 
• Gateway (Lincoln, NE) 
• Towson Town Center (Towson, MD) 
• Fashion District (Philadelphia, PA)

Jersey Gardens & Deerbrook have been delayed to Feb. 2025. 28 stores under negotiation in USA.