Worth reading
57In focus
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
330
Millions of yen (year-on-year change in operating profit)Wording
Conditional
How definitive the wording is.Contents of this document
Financial Results PresentationFirst quarter of the fiscal year ending February 20279 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales10,378 Millions of yen+2.6%
Operating profit570 Millions of yen+137.6%
Ordinary income560 Millions of yen+128.4%
Net income306 Millions of yen+123.5%
Selling, general and administrative expenses4,027 Millions of yen
Operating profit margin5.5%, +3.1 percentage points year on year
Full-year earnings forecast
Net Sales
43,000 Millions of yen
Operating profit
1,250 Millions of yen
Ordinary income
1,110 Millions of yen
Net income for the current fiscal year
455 Millions of yen
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
The breakdown by amount was not disclosed. The presentation cited increased use of frozen foods and growth in one-plate products in the Food segment, as well as the rebuilding of store models in the Food Service segment.
New initiatives
- Construction of the Kyushu Plant (scheduled for completion in December 2026 and start of operations in spring 2027)
- Expansion of 大阪王将 store models at railway stations, in food courts and along roadsides
- Opening of the first North American store, OSAKA OHSHO GYOZA&TAPAS, and export of frozen gyoza
- オーパス社's 美食点心ぎょうざ館 joins the group
- Launch of the mail-order-only product Oishii Protein Gyoza
Key KPIsA metric the company considers important as a management benchmark.
- Frozen shumai market share8.8 %Year on year against the same period last year+164.0%
- Plate category market share (March–May 2026)4.9 %
- Plate category market share (May 2026 only)6.8 %
- Frozen gyoza category market share32 %
- Frozen boiled gyoza category market share50.4 %
- Frozen xiaolongbao category market share30.2 %Year on year against the same period last year+127.9%
- Shipments of feathered stamina meat gyoza107.5 % year on year
- Q1 production volume10,646.4 tonnesYear on year against the same period last year+102.8%
Segment results
Food
Net Sales
5,940 Millions of yen+4.6%
Segment profit
402 Millions of yen+66.4%
Operating margin6.8%, +2.5 percentage points year on year
Food Service
Net Sales
4,438 Millions of yen+0.1%
Segment profit
325 Millions of yen+99.1%
Operating margin7.3%, +3.6 percentage points year on year
Adjustments
Segment profit
-157 Millions of yen
Market Size / Share
- Frozen gyoza market¥812 100 million 2025
- Frozen gyoza category market shareShare32
- Frozen shumai category market shareShare8.8
- Frozen boiled gyoza category market shareShare50.4
- Frozen xiaolongbao category market shareShare30.2
Number of stores and locations
Number of Stores at Period-End460 Location
Store openings7 Location
Number of store closures18 Location
Number of employees
Number of Employees1,853 People
Capital expenditures
¥6,606 millions total investment in the Kyushu Plant
Annual Dividend
Annual dividend per share¥15
Interim¥7.5
End of period¥7.5
| Item | Details |
|---|---|
| Document type | Financial Results Presentation |
| Fiscal Period Covered | First quarter of the fiscal year ending February 2027 |
| Net Sales | 10,378 Millions of yen (YoY +2.6%) |
| Operating profit | 570 Millions of yen (YoY +137.6%) |
| Ordinary income | 560 Millions of yen (YoY +128.4%) |
| Net income | 306 Millions of yen (YoY +123.5%) |
| Operating profit margin | 5.5%, +3.1 percentage points year on year |
| Selling, general and administrative expenses | 4,027 Millions of yen |
| Full-year earnings forecast | Net Sales 43,000 Millions of yen / Operating profit 1,250 Millions of yen / Ordinary income 1,110 Millions of yen / Net income for the current fiscal year 455 Millions of yen |
| Segment results | Food Net Sales 5,940 Millions of yen (YoY +4.6%) / Segment profit 402 Millions of yen (YoY +66.4%) / Operating margin 6.8%, +2.5 percentage points year on year / Food Service Net Sales 4,438 Millions of yen (YoY +0.1%) / Segment profit 325 Millions of yen (YoY +99.1%) / Operating margin 7.3%, +3.6 percentage points year on year / Adjustments Segment profit -157 Millions of yen |
| Breakdown of Factors Affecting the Change | The breakdown by amount was not disclosed. The presentation cited increased use of frozen foods and growth in one-plate products in the Food segment, as well as the rebuilding of store models in the Food Service segment. |
| Key KPIs | Indicator name Frozen shumai market share / Value 8.8 % / Year on year against the same period last year 164 %, Indicator name Plate category market share (March–May 2026) / Value 4.9 % / Year on year against the same period last year Not disclosed, Indicator name Plate category market share (May 2026 only) / Value 6.8 % / Year on year against the same period last year Not disclosed, Indicator name Frozen gyoza category market share / Value 32 % / Year on year against the same period last year Not disclosed, Indicator name Frozen boiled gyoza category market share / Value 50.4 % / Year on year against the same period last year Not disclosed, Indicator name Frozen xiaolongbao category market share / Value 30.2 % / Year on year against the same period last year 127.9 %, Indicator name Shipments of feathered stamina meat gyoza / Value 107.5 % year on year / Year on year against the same period last year Not disclosed, Indicator name Q1 production volume / Value 10,646.4 tonnes / Year on year against the same period last year 102.8 tonnes |
| Number of stores and locations | Number of Stores at Period-End 460 Location / Store openings 7 Location / Number of store closures 18 Location |
| Number of employees | Number of Employees 1,853 People / Change during the period Not disclosed / Hiring plan Not disclosed |
| Annual Dividend | Annual dividend per share ¥15 / Interim ¥7.5 / End of period ¥7.5 |
| Capital expenditures | ¥6,606 millions (total investment in the Kyushu Plant) |
| Market Size / Share | Market Frozen gyoza market / Market Size ¥812 100 million (2025), Market Frozen gyoza category market share / Share 32 %, Market Frozen shumai category market share / Share 8.8 %, Market Frozen boiled gyoza category market share / Share 50.4 %, Market Frozen xiaolongbao category market share / Share 30.2 % |
| New initiatives | Construction of the Kyushu Plant (scheduled for completion in December 2026 and start of operations in spring 2027), Expansion of 大阪王将 store models at railway stations, in food courts and along roadsides, Opening of the first North American store, OSAKA OHSHO GYOZA&TAPAS, and export of frozen gyoza, オーパス社's 美食点心ぎょうざ館 joins the group, Launch of the mail-order-only product Oishii Protein Gyoza |
Items this document does not state (13)
Gross Profit MarginResults for the three months of the current quarterProgress against full-year forecastSelf-assessment against the planUnit price and quantity metricsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsPayout ratioAcquisition of treasury sharesOrders 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.In the Food segment, use of frozen foods expanded amid rising prices, driving growth in sales of one-plate products. In the Food Service segment, progress was made in rebuilding the store model for 大阪王将 and establishing a business model centered on R Baker's frozen bread dough.
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.