Worth reading
70In focus
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
115
Year-on-year change in operating profit (%)Wording
Conditional
How definitive the wording is.Contents of this document
Presentation materials for financial resultsFirst quarter of the fiscal year ending November 202612 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥797 million+18.1%
Operating profit¥86 million+115.0%
Ordinary income¥85 million+120.3%
Net income¥71 million+170.4%
Selling, general and administrative expenses¥491 million
Gross Profit Margin
Rate72.5%
Year-on-year change (points)Down 0.4 percentage points
Operating profit margin
Rate10.8%
Year-on-year change (points)Up 4.8 percentage points
Results for the three months of the current quarterRevenue of ¥797 million, operating profit of ¥86 million, ordinary profit of ¥85 million, and net income of ¥71 million. These are standalone figures for Q1.
Full-year earnings forecast
Net Sales
¥3,200 million
Operating profit
¥242 million
Ordinary income
¥238 million
Net income for the current fiscal year
¥127 million
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Operating profit
Operating profit for the same period of the previous year¥40 million
Increase in gross profit from higher sales+¥86 million
Personnel expenses, etc.-¥19 million
Land rent, rent and other store operating expenses△¥10 million
Other△¥11 million
Operating profit for the quarter¥86 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
The materials state that the outlook assumes steady progress in growing existing stores and executing the store-opening plan, but specific figures for foreign exchange rates, raw material prices and other factors are not disclosed.New initiatives
- Customer traffic-driving events such as the DAIKOKU Derby
- Automated analysis, map plotting and list creation for property information using AI
- Use of LINE's QR mobile ordering system
- Growth targets toward 2030 of 150 stores, ¥7.52 billion in revenue and ¥780 million in operating profit
- Plan to open a new-format store, “Tachinomi Dote no Daikoku” (tentative name)
Key KPIsA metric the company considers important as a management benchmark.
- Number of regular customers701 peopleYear on year against the same period last year+26.8%
- Year-on-year sales at existing stores106.7 %
- Number of directly operated stores42 LocationYear on year against the same period last yearUp 7 stores and down 3 store closures from 38 stores in the year-earlier period
- All-store sales index (average)124.3 %
- All-store customer traffic index (average)116.3 %
- All-store average spend per customer index (average)106.9 %
Unit price and quantity metricsThese figures show sales broken down by price and volume.
All DAIKOKU and Uotsubaki directly operated storesAverage sales: 124.3%; average customer traffic: 116.3%; average spend per customer: 106.9%
Existing DAIKOKU and Uotsubaki directly operated storesAverage sales: 107.4%; average customer traffic: 101.7%; average spend per customer: 105.5%
Segment results
Company-operated stores
Net Sales
¥759 million
Year on year against the same period last yearUp ¥116 million from ¥643 million in the year-earlier period
Contract-operated stores
Net Sales
¥19 million
Year on year against the same period last yearDown approximately ¥0 million from ¥20 million in the year-earlier period
Franchised stores
Net Sales
¥8 million
Year on year against the same period last yearUp ¥1 million from ¥7 million in the year-earlier period
Other
Net Sales
¥9 million
Year on year against the same period last yearUp ¥5 million from ¥4 million in the year-earlier period
Directly operated sales by brand
DAIKOKU¥499 million, up ¥80 million from ¥418 million in the year-earlier period
Uotsubaki¥212 million, up ¥59 million from ¥152 million in the year-earlier period
Kanayama-ya¥47 million, down ¥1 million from ¥49 million in the year-earlier period
Other¥0 million, down ¥22 million from ¥22 million in the year-earlier period
Medium-term management plan targets
FY2030/11
Net Sales¥7.52 billion
Operating profit¥780 million
Number of stores150 stores
2038300 DAIKOKU stores + 300 Uotsubaki stores = 600 stores
Market Size / Share
Estimated market sizeThere are 163 stations nationwide with at least 160,000 daily passengers. Assuming 5 stores per station, the estimated market size is 815 stores.
Number of stores and locations
End of period68 stores
Number of store openings and closures during the period1 new store opened and 1 store closed (Yakiniku Marui Seinikuten)
Number of employees
Number of Employees188 people
Reference dateEnd-February 2026, excluding part-time workers
Annual Dividend
FY2026/11 forecast¥48.0 per share (year-end dividend of ¥48.0)
Interim and Year-End BreakdownInterim dividend: not disclosed; year-end dividend: ¥48.0
Payout ratio
37.5% forecast for the fiscal year ending November 2026 (38.7% actual for the fiscal year ended November 2025)| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | First quarter of the fiscal year ending November 2026 |
| Net Sales | ¥797 million (YoY +18.1%) |
| Operating profit | ¥86 million (YoY +115.0%) |
| Ordinary income | ¥85 million (YoY +120.3%) |
| Net income | ¥71 million (YoY +170.4%) |
| Gross Profit Margin | Rate 72.5% / Year-on-year change (points) Down 0.4 percentage points |
| Operating profit margin | Rate 10.8% / Year-on-year change (points) Up 4.8 percentage points |
| Selling, general and administrative expenses | ¥491 million |
| Results for the three months of the current quarter | Revenue of ¥797 million, operating profit of ¥86 million, ordinary profit of ¥85 million, and net income of ¥71 million. These are standalone figures for Q1. |
| Full-year earnings forecast | Net Sales ¥3,200 million / Operating profit ¥242 million / Ordinary income ¥238 million / Net income for the current fiscal year ¥127 million |
| Segment results | Company-operated stores Net Sales ¥759 million / Year on year against the same period last year Up ¥116 million from ¥643 million in the year-earlier period / Contract-operated stores Net Sales ¥19 million / Year on year against the same period last year Down approximately ¥0 million from ¥20 million in the year-earlier period / Franchised stores Net Sales ¥8 million / Year on year against the same period last year Up ¥1 million from ¥7 million in the year-earlier period / Other Net Sales ¥9 million / Year on year against the same period last year Up ¥5 million from ¥4 million in the year-earlier period / Directly operated sales by brand DAIKOKU ¥499 million, up ¥80 million from ¥418 million in the year-earlier period / Uotsubaki ¥212 million, up ¥59 million from ¥152 million in the year-earlier period / Kanayama-ya ¥47 million, down ¥1 million from ¥49 million in the year-earlier period / Other ¥0 million, down ¥22 million from ¥22 million in the year-earlier period |
| Breakdown of Factors Affecting the Change | Operating profit Operating profit for the same period of the previous year ¥40 million / Increase in gross profit from higher sales +¥86 million / Personnel expenses, etc. -¥19 million / Land rent, rent and other store operating expenses △¥10 million / Other △¥11 million / Operating profit for the quarter ¥86 million |
| Key KPIs | Indicator name Number of regular customers / Value 701 people / Year on year against the same period last year +26.8%, Indicator name Year-on-year sales at existing stores / Value 106.7 % / Year on year against the same period last year Not disclosed, Indicator name Number of directly operated stores / Value 42 Location / Year on year against the same period last year Up 7 stores and down 3 store closures from 38 stores in the year-earlier period, Indicator name All-store sales index (average) / Value 124.3 % / Year on year against the same period last year Not disclosed, Indicator name All-store customer traffic index (average) / Value 116.3 % / Year on year against the same period last year Not disclosed, Indicator name All-store average spend per customer index (average) / Value 106.9 % / Year on year against the same period last year Not disclosed |
| Unit price and quantity metrics | All DAIKOKU and Uotsubaki directly operated stores Average sales: 124.3%; average customer traffic: 116.3%; average spend per customer: 106.9% / Existing DAIKOKU and Uotsubaki directly operated stores Average sales: 107.4%; average customer traffic: 101.7%; average spend per customer: 105.5% |
| Number of stores and locations | End of period 68 stores / Number of store openings and closures during the period 1 new store opened and 1 store closed (Yakiniku Marui Seinikuten) |
| Number of employees | Number of Employees 188 people / Reference date End-February 2026, excluding part-time workers / Changes during the period and hiring plan Not disclosed |
| Assumptions Underlying the Business Outlook | The materials state that the outlook assumes steady progress in growing existing stores and executing the store-opening plan, but specific figures for foreign exchange rates, raw material prices and other factors are not disclosed. |
| Medium-term management plan targets | FY2030/11 Net Sales ¥7.52 billion / Operating profit ¥780 million / Number of stores 150 stores / 2038 300 DAIKOKU stores + 300 Uotsubaki stores = 600 stores |
| Annual Dividend | FY2026/11 forecast ¥48.0 per share (year-end dividend of ¥48.0) / Interim and Year-End Breakdown Interim dividend: not disclosed; year-end dividend: ¥48.0 |
| Payout ratio | 37.5% forecast for the fiscal year ending November 2026 (38.7% actual for the fiscal year ended November 2025) |
| Market Size / Share | Estimated market size There are 163 stations nationwide with at least 160,000 daily passengers. Assuming 5 stores per station, the estimated market size is 815 stores. / Share Not disclosed |
| New initiatives | Customer traffic-driving events such as the DAIKOKU Derby, Automated analysis, map plotting and list creation for property information using AI, Use of LINE's QR mobile ordering system, Growth targets toward 2030 of 150 stores, ¥7.52 billion in revenue and ¥780 million in operating profit, Plan to open a new-format store, “Tachinomi Dote no Daikoku” (tentative name) |
Items this document does not state (8)
Progress against full-year forecastSelf-assessment against the planRisk amount incorporated into the outlookFinancial targetsAcquisition of treasury sharesCapital expendituresOrders received and order backlogKey points of the Q&A
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Contributions from existing stores, particularly the flagship stores that have recovered; profit contributions from the 4-store net increase year on year; increased customer traffic resulting from events and improved QSC; and the effects of strategies to encourage repeat visits and visits to multiple stores.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.