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
107000
Thousand yen (increase in full-year operating profit forecast)Wording
Conditional
How definitive the wording is.Contents of this document
Earnings presentationSecond quarter of the fiscal year ending November 20269 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales3,056,457 thousand yen+16.1%
Operating profit345,271 thousand yen+56.4%
Ordinary income340,008 thousand yen+58.6%
Net income286,056 thousand yen+27.1%
Operating profit margin11.3 %
Full-year earnings forecast
Net Sales
5,980,000 thousand yen
Operating profit
532,000 thousand yen
Ordinary income
528,000 thousand yen
Net income for the current fiscal year
625,000 thousand 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 Sales54.9 %
Operating profit81.2 %
Ordinary income83.7 %
Quarterly net income70.5 %
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Opening new stores as plannedNew initiatives
- Making 鮨桝食品 a wholly owned subsidiary
- Opening the KOBE Beef Emperor Steak Kyoto Sanjo store
- Plans to open new stores in Osaka Namba and Shibuya Center-gai
- Introducing the AI operator “miraio”
- Digital signage advertising for Kyoto MK Taxi
- Introducing “byFood,” a customer-referral and reservation platform for international visitors to Japan
- Using treasury shares for M&A and share-based compensation
- Establishing the position of head of the Corporate Management Headquarters and strengthening the management structure
Key KPIsA metric the company considers important as a management benchmark.
- All-store revenue, year-on-year change for the first half116.6 %
- Same-store revenue, year-on-year change for the first half108.4 %
- All-store customer count, year-on-year change for the first half109.2 %
- Same-store customer count, year-on-year change for the first half105.4 %
- All-store average spend per customer, year-on-year change for the first half106.8 %
- Same-store average spend per customer, year-on-year change for the first half102.8 %
- Average Google review score received (April–June)4.63 items
Unit price and quantity metricsThese figures show sales broken down by price and volume.
All Stores
Number of CustomersFirst-half cumulative: 109.2%
Average Spend per CustomerFirst-half cumulative: 106.8%
Existing stores
Number of CustomersFirst-half cumulative: 105.4%
Average Spend per CustomerFirst-half cumulative: 102.8%
Segment results
Domestic business
Net Sales
2,917,310 thousand yen+10.9%
Operating profit
298,431 thousand yen+35.2%
Ordinary income
292,724 thousand yen+36.5%
Quarterly net income
238,772 thousand yen+6.2%
Inbound Business
Net Sales
139,147 thousand yen
Operating profit
46,840 thousand yen
Operating profit margin
33.6 %
Medium-term management plan targets
Operating profit margin
20 %
Target fiscal year2,028
Number of stores and locations
Number of Stores at Period-End79 Location
End of period31 May 2026
Store openings during the periodKumagaya Ekimae store, Kyoto Sanjo store, and others
Number of employees
134 people
As of31 May 2026
Acquisition of treasury shares
Number of shares acquired50,000
Share unitShares
Total acquisition price3,645
Amount unit¥10,000
Period1–15 June 2026
| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | Second quarter of the fiscal year ending November 2026 |
| Net Sales | 3,056,457 thousand yen (YoY +16.1%) |
| Operating profit | 345,271 thousand yen (YoY +56.4%) |
| Ordinary income | 340,008 thousand yen (YoY +58.6%) |
| Net income | 286,056 thousand yen (YoY +27.1%) |
| Operating profit margin | 11.3 % |
| Full-year earnings forecast | Net Sales 5,980,000 thousand yen / Operating profit 532,000 thousand yen / Ordinary income 528,000 thousand yen / Net income for the current fiscal year 625,000 thousand yen |
| Progress against full-year forecast | Net Sales 54.9 % / Operating profit 81.2 % / Ordinary income 83.7 % / Quarterly net income 70.5 % |
| Self-assessment against the plan | Opening new stores as planned |
| Segment results | Domestic business Net Sales 2,917,310 thousand yen (YoY +10.9%) / Operating profit 298,431 thousand yen (YoY +35.2%) / Ordinary income 292,724 thousand yen (YoY +36.5%) / Quarterly net income 238,772 thousand yen (YoY +6.2%) / Inbound Business Net Sales 139,147 thousand yen / Operating profit 46,840 thousand yen / Operating profit margin 33.6 % |
| Key KPIs | Indicator name All-store revenue, year-on-year change for the first half / Value 116.6 % / Year on year against the same period last year Not disclosed, Indicator name Same-store revenue, year-on-year change for the first half / Value 108.4 % / Year on year against the same period last year Not disclosed, Indicator name All-store customer count, year-on-year change for the first half / Value 109.2 % / Year on year against the same period last year Not disclosed, Indicator name Same-store customer count, year-on-year change for the first half / Value 105.4 % / Year on year against the same period last year Not disclosed, Indicator name All-store average spend per customer, year-on-year change for the first half / Value 106.8 % / Year on year against the same period last year Not disclosed, Indicator name Same-store average spend per customer, year-on-year change for the first half / Value 102.8 % / Year on year against the same period last year Not disclosed, Indicator name Average Google review score received (April–June) / Value 4.63 items / Year on year against the same period last year Not disclosed |
| Unit price and quantity metrics | All Stores Number of Customers First-half cumulative: 109.2% / Average Spend per Customer First-half cumulative: 106.8% / Existing stores Number of Customers First-half cumulative: 105.4% / Average Spend per Customer First-half cumulative: 102.8% |
| Number of stores and locations | Number of Stores at Period-End 79 Location / End of period 31 May 2026 / Store openings during the period Kumagaya Ekimae store, Kyoto Sanjo store, and others / Store closures during the period Not disclosed |
| Number of employees | 134 people |
| Medium-term management plan targets | Operating profit margin 20 % |
| Acquisition of treasury shares | Number of shares acquired 50,000 / Share unit Shares / Total acquisition price 3,645 / Amount unit ¥10,000 / Period 1–15 June 2026 |
| New initiatives | Making 鮨桝食品 a wholly owned subsidiary, Opening the KOBE Beef Emperor Steak Kyoto Sanjo store, Plans to open new stores in Osaka Namba and Shibuya Center-gai, Introducing the AI operator “miraio”, Digital signage advertising for Kyoto MK Taxi, Introducing “byFood,” a customer-referral and reservation platform for international visitors to Japan, Using treasury shares for M&A and share-based compensation, Establishing the position of head of the Corporate Management Headquarters and strengthening the management structure |
Items this document does not state (13)
Gross Profit MarginSelling, general and administrative expensesResults for the three months of the current quarterBreakdown of Factors Affecting the ChangeAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial targetsAnnual DividendPayout ratioCapital 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.The company cited the following as the main reasons for the upward revision: reservations for the peak season, particularly December and January, exceeded expectations; efficient store operations were established through DX; new stores and stores converted to different formats, including new formats targeting inbound visitors, performed strongly; and costs were optimized for each format through changes to the grand menu and pricing reviews.
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.