{"id":156036,"date":"2023-08-16T13:34:11","date_gmt":"2023-08-16T04:34:11","guid":{"rendered":"https:\/\/www.fukuoka-now.com\/?post_type=news&#038;p=156036&#038;lang=en"},"modified":"2023-08-16T13:34:11","modified_gmt":"2023-08-16T04:34:11","slug":"joyful-turns-profit-plans-400-450-store-renovations-planned","status":"publish","type":"news","link":"https:\/\/www.fukuoka-now.com\/en\/news\/joyful-turns-profit-plans-400-450-store-renovations-planned\/","title":{"rendered":"Joyful Turns Profit; Plans 400-450 Store Renovations Planned"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">According to local media reports, Joyful, the family restaurant chain in Kyushu, experienced a 36% decrease in net profit to 1.6 billion yen for June 2023, largely due to reduced COVID-19 related subsidies. However, a resurgence in customer traffic led to a 27% sales increase, and a positive operating profit of 1.7 billion yen was achieved after four quarters of loss. The company plans to renovate or rebuild 400-450 stores over the next three years with an investment of over 3 billion yen, while new domestic store openings are not in the immediate plan. The forecast for the next fiscal year indicates a 6% sales increase and a 91% net profit increase. <\/span><b>Source:<\/b> <a href=\"https:\/\/www.nikkei.com\/article\/DGXZQOJC1463Z0U3A810C2000000\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Nikkei<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-156039\" src=\"https:\/\/i0.wp.com\/www.fukuoka-now.com\/wp-content\/uploads\/2023\/08\/fnn_joyful-wiki_2023_cl.jpeg?resize=1266%2C1046&#038;ssl=1\" alt=\"Joyful Turns Profit; Plans 400-450 Store Renovations Planned\" width=\"1266\" height=\"1046\" srcset=\"https:\/\/i0.wp.com\/www.fukuoka-now.com\/wp-content\/uploads\/2023\/08\/fnn_joyful-wiki_2023_cl.jpeg?w=1266&amp;ssl=1 1266w, https:\/\/i0.wp.com\/www.fukuoka-now.com\/wp-content\/uploads\/2023\/08\/fnn_joyful-wiki_2023_cl.jpeg?resize=300%2C248&amp;ssl=1 300w, https:\/\/i0.wp.com\/www.fukuoka-now.com\/wp-content\/uploads\/2023\/08\/fnn_joyful-wiki_2023_cl.jpeg?resize=1024%2C846&amp;ssl=1 1024w, https:\/\/i0.wp.com\/www.fukuoka-now.com\/wp-content\/uploads\/2023\/08\/fnn_joyful-wiki_2023_cl.jpeg?resize=768%2C635&amp;ssl=1 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/>Photo from <\/span><a href=\"https:\/\/commons.wikimedia.org\/wiki\/File:Joyfull_fukuoka_kego_park.jpg\" rel=\"noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">DoctorDoughnut<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Stay informed with the latest Fukuoka &amp; Kyushu news and events in English. Sign up for our <\/span><a href=\"https:\/\/www.fukuoka-now.com\/en\/mailmagazine\/\"><span style=\"font-weight: 400;\">free weekly newsletter <\/span><\/a><span style=\"font-weight: 400;\">today and never miss a beat. Opt out anytime, your privacy is our priority. Get the inside scoop with <\/span><a href=\"https:\/\/www.fukuoka-now.com\/en\/mailmagazine\/\"><span style=\"font-weight: 400;\">The Now<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Summaries based on public content, errors may occur during translation. Images credited independently. Send feedback using <\/span><a href=\"https:\/\/www.fukuoka-now.com\/en\/contact\/\"><span style=\"font-weight: 400;\">this <\/span><b>form<\/b><span style=\"font-weight: 400;\">.<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to local media reports, Joyful, the family restaurant chain in Kyushu, experienced a 36% decrease in net profit to 1.6 billion yen for June 2023, largely due to&#8230;<\/p>\n","protected":false},"author":29305,"featured_media":156042,"comment_status":"closed","ping_status":"closed","template":"","tags":[],"class_list":["post-156036","news","type-news","status-publish","has-post-thumbnail","hentry","location-kyushu","news-category-business","en-US"],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/news\/156036","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/types\/news"}],"author":[{"embeddable":true,"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/users\/29305"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/comments?post=156036"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/media\/156042"}],"wp:attachment":[{"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/media?parent=156036"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/tags?post=156036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}