Worth reading
45Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
262
Millions of yen (year-on-year increase in operating profit)Wording
Conditional
How definitive the wording is.Contents of this document
Financial Results PresentationFiscal year ending February 2027, second quarter8 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales20,255 Millions of yen+1.7%
Operating profit767 Millions of yen+51.7%
Ordinary income726 Millions of yen+44.1%
Net income384 Millions of yen+62.5%
Operating profit margin3.8 %
Selling, general and administrative expenses8,117 Millions of yen
Results for the three months of the current quarterSecond-quarter standalone segment profit: ¥199 million for the food business and ¥135 million for the food service business (figures confirmed from the segment profit trend graph)
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
455 Millions of yen
Progress against full-year forecast 通期の予想に対して、いまどこまで進んだかの割合です。
Net Sales47.1%
Operating profit109.4%
Ordinary income61.4%
Net income84.5%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Achievement rates through the second quarter were 98.8% for revenue, 106.6% for operating profit, 108.5% for ordinary profit, and 103.9% for net profit. Revenue fell short of the forecast, while profit items exceeded the forecast.New initiatives
- Launch of the one-plate product category
- Expansion and start-up of a dedicated xiaolongbao production line at the Kanto plant
- Opening of North America's first store
- Launch of the dedicated dim sum e-commerce platform 「ニッポン餃子点心堂」
Key KPIsA metric the company considers important as a management benchmark.
- Store count459 Location
- Number of Employees1,900 People
- Weekend sales at North America's first store4,000 USD/day average
Unit price and quantity metricsThese figures show sales broken down by price and volume.
The disclosure mentions an increase in average spend per customer, but numerical figures for customer count and sales volume are not disclosedSegment results
Food
Net Sales
11,481 Millions of yen+3.0%
Segment profit
601 Millions of yen+10.7%
Operating margin
5.2 %
yoy_change+0.4pt
Food Service
Net Sales
8,773 Millions of yen-0.1%
Segment profit
460 Millions of yen+79.8%
Operating margin
5.2 %
yoy_change+2.3pt
Adjustments
Segment profit
-294 Millions of yen
Number of stores and locations
End of period459 Location
Number of employees
Number of Employees1,900 People
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 | Fiscal year ending February 2027, second quarter |
| Net Sales | 20,255 Millions of yen (YoY +1.7%) |
| Operating profit | 767 Millions of yen (YoY +51.7%) |
| Ordinary income | 726 Millions of yen (YoY +44.1%) |
| Net income | 384 Millions of yen (YoY +62.5%) |
| Operating profit margin | 3.8 % |
| Selling, general and administrative expenses | 8,117 Millions of yen |
| Results for the three months of the current quarter | Second-quarter standalone segment profit: ¥199 million for the food business and ¥135 million for the food service business (figures confirmed from the segment profit trend graph) |
| 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 455 Millions of yen |
| Progress against full-year forecast | Net Sales 47.1% / Operating profit 109.4% / Ordinary income 61.4% / Net income 84.5% |
| Self-assessment against the plan | Achievement rates through the second quarter were 98.8% for revenue, 106.6% for operating profit, 108.5% for ordinary profit, and 103.9% for net profit. Revenue fell short of the forecast, while profit items exceeded the forecast. |
| Segment results | Food Net Sales 11,481 Millions of yen (YoY +3.0%) / Segment profit 601 Millions of yen (YoY +10.7%) / Operating margin 5.2 % / Food Service Net Sales 8,773 Millions of yen (YoY -0.1%) / Segment profit 460 Millions of yen (YoY +79.8%) / Operating margin 5.2 % / Adjustments Segment profit -294 Millions of yen |
| Key KPIs | Indicator name Store count / Value 459 Location / Year on year against the same period last year Not disclosed, Indicator name Number of Employees / Value 1,900 People / Year on year against the same period last year Not disclosed, Indicator name Weekend sales at North America's first store / Value 4,000 USD/day (average) / Year on year against the same period last year Not disclosed |
| Unit price and quantity metrics | The disclosure mentions an increase in average spend per customer, but numerical figures for customer count and sales volume are not disclosed |
| Number of stores and locations | End of period 459 Location / Number of store openings and closures during the period Not disclosed |
| Number of employees | Number of Employees 1,900 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 |
| New initiatives | Launch of the one-plate product category, Expansion and start-up of a dedicated xiaolongbao production line at the Kanto plant, Opening of North America's first store, Launch of the dedicated dim sum e-commerce platform 「ニッポン餃子点心堂」 |
Items this document does not state (12)
Gross Profit MarginBreakdown of Factors Affecting the ChangeAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsPayout ratioAcquisition of treasury sharesCapital expendituresOrders 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.In the food business, growth in sales of one-plate products, the expansion and start-up of a dedicated xiaolongbao production line, and growth in shumai and xiaolongbao sales contributed to performance. In the food service business, profit growth was driven by rationalizing unprofitable stores, optimizing selling, general and administrative expenses, increasing average spend per customer through limited-time menu items, and encouraging visits through campaigns. From the second quarter onward, however, raw material and energy costs rose due to the situation in the Middle East.
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.