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Summary of Financial Results for the First Quarter of the Fiscal Year Ending December 2026 [Japanese GAAP] (Non-consolidated)

In the first quarter, net sales increased 10.7% year on year, while operating income, ordinary income and net income all turned profitable from losses in the same period of the previous year. The Ikinari! Steak business drove company-wide performance, supported by successful sales initiatives at existing stores.

Worth reading
54Recurring
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
10.7
%
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 January 2026 to 31 March 2026Non-consolidated (standalone)Japanese GAAP
Net Sales3,821¥ millionYear on year +10.7%Progress 24.6%
Operating profit89¥ millionProgress 88.1%
Ordinary income93¥ millionProgress 75.6%
Net income attributable to owners of the parent63¥ millionProgress 126.0%

The 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.

Net income per share¥1.04
Financial position at period-end
Total assets5,953¥ million
of which net assets 3,469 ¥ millionEquity ratio 58.2%vs. prior year-end +1.1pt

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.

Segment revenue
Ikinari! Steak business3,61294.6%+9.2%
Restaurant Business1955.1%+46.2%
Product Sales Business120.3%-4.7%
Other10.0%
Segment profit
Ikinari! Steak business428+43.7%
Restaurant Business-11
Product Sales Business0
Other-30
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥15,548 million (YoY +6.8%)
Operating profit¥101 million (YoY +137.7%)
Ordinary income¥123 million (YoY +175.5%)
Net income¥50 million
Annual Dividend Forecast¥0 → ¥0(0.0%)
Factors Behind Changes in Business Performance

The Ikinari! Steak business's segment profit improved significantly year on year, driven by successful sales initiatives at existing stores, among other factors, and the business drove company-wide performance.

Disclosure regarding the going concern assumption

No applicable matters.

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Material subsequent eventsNo applicable matters.
Impairment loss¥13 million
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Loss on Disposal of Fixed Assets ¥0 million, Impairment Losses ¥13 million
Depreciation and amortization¥48 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End61,424,000 Shares
Treasury Shares at Period-End220 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedNon-consolidated (standalone)
Period Covered1 January 2026 to 31 March 2026
Net Sales¥3,821 million (YoY +10.7%)
Operating profit¥89 million
Ordinary income¥93 million
Profit attributable to owners of the parent¥63 million
Net income per share¥1.04
Equity ratioEnd of the current fiscal period 58.2 / End of previous period 57.1
Total assets¥5,953 million
Net assets¥3,469 million
Full-year earnings forecastNet Sales ¥15,548 million (YoY +6.8%) / Operating profit ¥101 million (YoY +137.7%) / Ordinary income ¥123 million (YoY +175.5%) / Net income ¥50 million
Annual Dividend Forecast¥0 → ¥0(0.0%)
Segment revenueIkinari! Steak business ¥3,612 million (YoY +9.2%) / Restaurant Business ¥195 million (YoY +46.2%) / Product Sales Business ¥12 million (YoY -4.7%) / Other ¥1 million
Segment profitIkinari! Steak business ¥428 million (YoY +43.7%) / Restaurant Business ¥-11 million / Product Sales Business ¥0 million / Other ¥-30 million
Depreciation and amortization¥48 million
Impairment loss¥13 million
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Loss on Disposal of Fixed Assets ¥0 million, Impairment Losses ¥13 million
Disclosure regarding the going concern assumptionNo applicable matters.
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Material subsequent eventsNo applicable matters.
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End61,424,000 Shares
Treasury Shares at Period-End220 Shares
Factors Behind Changes in Business PerformanceThe Ikinari! Steak business's segment profit improved significantly year on year, driven by successful sales initiatives at existing stores, among other factors, and the business drove company-wide performance.
Items this document does not state (11)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogChanges in the scope of consolidation

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 Ikinari! Steak business's segment profit improved significantly, driven by successful sales initiatives at existing stores, among other factors, and the business drove company-wide performance. The company also strengthened cooking techniques and in-store service, sold limited-time products and implemented initiatives for app members.

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.
Summary of Financial Results for the First Quarter of the Fiscal Year Ending December 2026 [Japanese GAAP] (Non-consolidated) | PEPPER FOOD SERVICE CO.,LTD. (3053) timely disclosure | Komori