Worth reading
52Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
—
Displayed only when the document provides numerical figures.Wording
Conditional
How definitive the wording is.Contents of this document
Earnings presentationFiscal year ended February 20267 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales13,046 million yen+107.6%
Operating profit249 million yen+209.5%
Ordinary income345 million yen+139.1%
Net income205 million yen+78.7%
Operating profit margin1.9 %
Full-year earnings forecast
Fiscal Period CoveredFiscal year ending February 2027
Net Sales
15,446 million yen
Operating profit
424 million yen
Ordinary income
483 million yen
Net income
422 million yen
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Net SalesIn line with plan
Operating profitBelow plan
Ordinary incomeBelow plan
Profit attributable to owners of the parentBelow plan
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Impairment Losses80 million yen
- Adjustment to income taxes and other taxes (negative impact on profit)55 million yen
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
- XEX Group full-year same-store sales105.1 % year-on-year
- Casual Restaurant Group full-year same-store sales105.7 % year-on-year
- New Store Openings5 Location
New initiatives
- 5 new store openings (4 directly operated stores and 1 franchised store)
- Conversion of 山の上ホテル into a consolidated subsidiary
- Continued investment in renovations of existing stores
- Strengthening partnerships with luxury hotel concierges and travel agencies
- Strengthening online promotions targeting international visitors to Japan
- M&A in the Japanese cuisine business and partnerships with external advisers
- Customer retention through the company's own app and expansion of delivery services
Key KPIsA metric the company considers important as a management benchmark.
- Same-store sales at directly operated stores (year on year)106.9 %Year on year against the same period last year106.9%
- XEX same-store sales (year on year)108 %Year on year against the same period last year108.0%
- Casual same-store sales (year on year)106.2 %Year on year against the same period last year106.2%
- XEX Group sales per labor hour¥6,582 per labor hour
- Casual Restaurant Group sales per labor hour¥5,256 per labor hour
- Number of delivery app registrants80,000 people
- App sales ratio17 %
Unit price and quantity metricsThese figures show sales broken down by price and volume.
- XEX Group average customer spend (compared with fiscal year ended February 2020)144 %
- Casual Restaurant Group average customer spend (compared with fiscal year ended February 2020)145 %
- Average dinner spend at the Gion Katana restaurant17,000 yen
Capital expenditures
457 million yen
| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | Fiscal year ended February 2026 |
| Net Sales | 13,046 million yen (YoY +107.6%) |
| Operating profit | 249 million yen (YoY +209.5%) |
| Ordinary income | 345 million yen (YoY +139.1%) |
| Net income | 205 million yen (YoY +78.7%) |
| Operating profit margin | 1.9 % |
| Full-year earnings forecast | Fiscal Period Covered Fiscal year ending February 2027 / Net Sales 15,446 million yen / Operating profit 424 million yen / Ordinary income 483 million yen / Net income 422 million yen |
| Self-assessment against the plan | Net Sales In line with plan / Operating profit Below plan / Ordinary income Below plan / Profit attributable to owners of the parent Below plan |
| Breakdown of Factors Affecting the Change | Factors Impairment Losses / Amount 80 million yen, Factors Adjustment to income taxes and other taxes (negative impact on profit) / Amount 55 million yen |
| Key KPIs | Indicator name Same-store sales at directly operated stores (year on year) / Value 106.9 % / Year on year against the same period last year 106.9%, Indicator name XEX same-store sales (year on year) / Value 108 % / Year on year against the same period last year 108.0%, Indicator name Casual same-store sales (year on year) / Value 106.2 % / Year on year against the same period last year 106.2%, Indicator name XEX Group sales per labor hour / Value ¥6,582 per labor hour / Year on year against the same period last year Not disclosed, Indicator name Casual Restaurant Group sales per labor hour / Value ¥5,256 per labor hour / Year on year against the same period last year Not disclosed, Indicator name Number of delivery app registrants / Value 80,000 people / Year on year against the same period last year Not disclosed, Indicator name App sales ratio / Value 17 % / Year on year against the same period last year Not disclosed |
| Unit price and quantity metrics | Indicator name XEX Group average customer spend (compared with fiscal year ended February 2020) / Value 144 %, Indicator name Casual Restaurant Group average customer spend (compared with fiscal year ended February 2020) / Value 145 %, Indicator name Average dinner spend at the Gion Katana restaurant / Value 17,000 yen |
| Assumptions Underlying the Business Outlook | Item XEX Group full-year same-store sales / Value 105.1 % year-on-year, Item Casual Restaurant Group full-year same-store sales / Value 105.7 % year-on-year, Item New Store Openings / Value 5 Location |
| Capital expenditures | 457 million yen |
| New initiatives | 5 new store openings (4 directly operated stores and 1 franchised store), Conversion of 山の上ホテル into a consolidated subsidiary, Continued investment in renovations of existing stores, Strengthening partnerships with luxury hotel concierges and travel agencies, Strengthening online promotions targeting international visitors to Japan, M&A in the Japanese cuisine business and partnerships with external advisers, Customer retention through the company's own app and expansion of delivery services |
Items this document does not state (16)
Gross Profit MarginSelling, general and administrative expensesResults for the three months of the current quarterProgress against full-year forecastSegment resultsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesOrders received and order backlogMarket Size / ShareKey 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.Revenue exceeded the previous fiscal year due to higher average prices and inbound demand. Operating income and ordinary income increased as a result of the revenue increase and lower costs for new store openings and renovations, but fell short of plan because reservation-platform and delivery-platform fees and external service costs increased, and the company did not sell any stores. Net income was below both the previous fiscal year and plan due to an ¥80 million impairment loss and a ¥55 million adjustment to income taxes and other taxes.
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.