Results for this period
Interim period (second quarter)1 March 2026 to 31 August 2026Non-consolidated (standalone)Japanese GAAPThe width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
The company opened 26 stores and closed 5, rolled out new and limited-time products, conducted collaborations and campaigns, introduced abura soba at 壱角家, and worked to improve the earnings capacity of 萬馬軒 and 高田屋, while higher raw material, utility and labor costs and consumers' cost-consciousness continued.
No applicable matters
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Non-consolidated (standalone) |
| Period Covered | 1 March 2026 to 31 August 2026 |
| Net Sales | ¥9,518 million (YoY +7.9%) |
| Operating profit | ¥217 million (YoY -72.9%) |
| Ordinary income | ¥138 million (YoY -81.7%) |
| Profit attributable to owners of the parent | ¥101 million (YoY -79.6%) |
| Net income per share | ¥14.19 |
| Equity ratio | End of the current fiscal period 37.4 / End of previous period 44.5 |
| Total assets | ¥19,886 million |
| Net assets | ¥7,428 million |
| Cash flows from operating activities | ¥318,032 thousand |
| Cash flows from investing activities | ¥-672,060 thousand |
| Cash flows from financing activities | ¥2,245,867 thousand |
| Cash and cash equivalents at end of period | ¥12,573,474 thousand |
| Full-year earnings forecast | Net Sales ¥19,450 million (YoY +8.7%) / Operating profit ¥430 million (YoY -67.0%) / Ordinary income ¥280 million (YoY -76.9%) / Net income ¥10 million (YoY -98.4%) |
| Revision to Earnings Forecast | Not disclosed → Net Sales 19,450 / Operating profit 430 / Ordinary income 280 / Net income 10 |
| Annual Dividend Forecast | ¥100 per share → ¥90 per share（-10.0%） |
| Depreciation and amortization | ¥201,438 thousand |
| Impairment loss | ¥4,311 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on business transfer ¥70,000 thousand, Other ¥112 thousand / Extraordinary loss Loss on sale of fixed assets ¥3,050 thousand, Loss on Disposal of Fixed Assets ¥2,774 thousand, Impairment Losses ¥4,311 thousand |
| Disclosure regarding the going concern assumption | No applicable matters |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Material subsequent events | On 10 September 2026, after the interim accounting period, the company opened the first overseas location of the 『山下本気うどん』 restaurant brand in Bangkok, Thailand. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Held (対象者：Not disclosed) |
| Issued Shares at Period-End | 7,159,010 shares |
| Treasury Shares at Period-End | 0 shares |
| Factors Behind Changes in Business Performance | The company opened 26 stores and closed 5, rolled out new and limited-time products, conducted collaborations and campaigns, introduced abura soba at 壱角家, and worked to improve the earnings capacity of 萬馬軒 and 高田屋, while higher raw material, utility and labor costs and consumers' cost-consciousness continued. |
Items this document does not state (8)
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.The company states that a challenging operating environment continued due to higher raw material, utility and labor costs, consumers' cost-consciousness, and unsettled summer weather, including typhoons and torrential rain. It also states that the full-year earnings forecast was revised based on recent earnings trends and other factors.