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How definitive the wording is.Items stated in the management plan
Annual updateWhat happened to the previous planFor the full fiscal year ending March 2026, approximately ¥2.31 billion in solar power and approximately ¥3.025 billion in energy storage were expected to contribute to sales, for a total of approximately ¥5.335 billion including tax, together with increases in revenue and profit from the continued acquisition of solar power generation facilities. → As of the current date, the projects had not progressed to the point of recording sales, and completed facilities amounted to approximately half of the planned level.
Investment amount by sectorField Capital contribution to a subsidiary for the purpose of acquiring solar power generation facilities / Amount ¥32 million / Timing February 2026, Field Capital contribution to a subsidiary for the purpose of acquiring solar power generation facilities / Amount ¥48 million / Timing April 2026 to September 2026, Field Loan to a subsidiary for the purpose of acquiring hydropower generation facilities / Amount ¥5 million / Timing April 2026–March 2027, Field Loan to a consolidated subsidiary (to accelerate growth and expand the business base in the medical business) / Amount ¥3 million / Timing February 2026, Field Loan to a consolidated subsidiary (to accelerate growth and expand the business base in the medical business) / Amount ¥126 million / Timing April 2026–June 2027
Key initiatives
01Enter the energy storage business.
02Collaborate on the development and sale of grid-scale energy storage facilities, targeting the commercialization of 10 projects per year.
03Plan PPA projects for data centers in Japan operated by a major Taiwanese semiconductor manufacturer.
04Improve the profitability of the PPA business by bringing power aggregation capabilities in-house.
05Tonkatsu format
06Ramen
Non-financial targetsIndicator Development of solar power plants / Target value 50MW / Timing Not disclosed, Indicator Development of energy storage facilities / Target value 50MW / Timing Not disclosed, Indicator Development of wind power plants / Target value 30MW / Timing Not disclosed, Indicator Number of grid-scale energy storage projects commercialized / Target value 10 projects per year / Timing Not disclosed, Indicator Energy storage facility in Kirishima, Kagoshima Prefecture / Target value 2 MW/8 MWh, start of operations / Timing June 2027
Size of the Target MarketFigures Not disclosed / Source Japan Food Service Association, Ministry of Economy, Trade and Industry, "Outlook for Energy Supply and Demand in Fiscal 2030", Ministry of Economy, Trade and Industry, "Future Renewable Energy Policy", World Energy Outlook 2025 report, Recruit Hot Pepper Beauty Academy, BCG『The Six Types of Medical Aesthetics Consumers, and How to Serve Them All』
Risks identified by the company
Market trend
Competitors
National energy policy
Climate change risks
Natural-Disaster Risk
Country Risk
Store-Opening Policy
Format Development
Costs of opening and closing stores
Recruitment and development of human resources
Food Hygiene Management
Labor matters
Food Recycling Law
Act on Control and Improvement of Amusement Business
Protection of personal information
Trademarks and other matters
Food safety and stable supply, as well as price increases and other factors
Impact of interest rate fluctuations
Leasehold Deposits and Guarantee Deposits
System Failures
Dependence on suppliers
Impairment Losses
Natural Disasters
Spread of infectious diseases and other conditions
Reason for revision or withdrawal
Financing for the acquisition of solar power generation facilities was difficult to arrange, resulting in completed facilities amounting to approximately half of the planned level. In addition, expansion of new businesses resulted in only a minimum increase in profit during the fiscal year because of required procedures, qualifications, and other factors.
| Item | Details |
|---|---|
| Plan name | Business Plan and Growth Potential |
| Progress against the plan | Annual update |
| Investment amount by sector | Field Capital contribution to a subsidiary for the purpose of acquiring solar power generation facilities / Amount ¥32 million / Timing February 2026, Field Capital contribution to a subsidiary for the purpose of acquiring solar power generation facilities / Amount ¥48 million / Timing April 2026 to September 2026, Field Loan to a subsidiary for the purpose of acquiring hydropower generation facilities / Amount ¥5 million / Timing April 2026–March 2027, Field Loan to a consolidated subsidiary (to accelerate growth and expand the business base in the medical business) / Amount ¥3 million / Timing February 2026, Field Loan to a consolidated subsidiary (to accelerate growth and expand the business base in the medical business) / Amount ¥126 million / Timing April 2026–June 2027 |
| Non-financial targets | Indicator Development of solar power plants / Target value 50MW / Timing Not disclosed, Indicator Development of energy storage facilities / Target value 50MW / Timing Not disclosed, Indicator Development of wind power plants / Target value 30MW / Timing Not disclosed, Indicator Number of grid-scale energy storage projects commercialized / Target value 10 projects per year / Timing Not disclosed, Indicator Energy storage facility in Kirishima, Kagoshima Prefecture / Target value 2 MW/8 MWh, start of operations / Timing June 2027 |
| Key initiatives | Enter the energy storage business., Collaborate on the development and sale of grid-scale energy storage facilities, targeting the commercialization of 10 projects per year., Plan PPA projects for data centers in Japan operated by a major Taiwanese semiconductor manufacturer., Improve the profitability of the PPA business by bringing power aggregation capabilities in-house., Tonkatsu format, Ramen |
| Results under the previous plan | For the full fiscal year ending March 2026, approximately ¥2.31 billion in solar power and approximately ¥3.025 billion in energy storage were expected to contribute to sales, for a total of approximately ¥5.335 billion including tax, together with increases in revenue and profit from the continued acquisition of solar power generation facilities. → As of the current date, the projects had not progressed to the point of recording sales, and completed facilities amounted to approximately half of the planned level. |
| Reason for revision or withdrawal | Financing for the acquisition of solar power generation facilities was difficult to arrange, resulting in completed facilities amounting to approximately half of the planned level. In addition, expansion of new businesses resulted in only a minimum increase in profit during the fiscal year because of required procedures, qualifications, and other factors. |
| Size of the Target Market | Figures Not disclosed / Source Japan Food Service Association, Ministry of Economy, Trade and Industry, "Outlook for Energy Supply and Demand in Fiscal 2030", Ministry of Economy, Trade and Industry, "Future Renewable Energy Policy", World Energy Outlook 2025 report, Recruit Hot Pepper Beauty Academy, BCG『The Six Types of Medical Aesthetics Consumers, and How to Serve Them All』 |
| Risks identified | Market trend, Competitors, National energy policy, Climate change risks, Natural-Disaster Risk, Country Risk, Store-Opening Policy, Format Development, Costs of opening and closing stores, Recruitment and development of human resources, Food Hygiene Management, Labor matters, Food Recycling Law, Act on Control and Improvement of Amusement Business, Protection of personal information, Trademarks and other matters, Food safety and stable supply, as well as price increases and other factors, Impact of interest rate fluctuations, Leasehold Deposits and Guarantee Deposits, System Failures, Dependence on suppliers, Impairment Losses, Natural Disasters, Spread of infectious diseases and other conditions |
Items this document does not state (16)
Plan periodSales TargetOperating profit targetOperating profit margin targetNet income targetROE targetROIC targetPayout ratio / DOE policyTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceTotal investment planSegment targetPlan assumptionsDate of board resolutionPublication date
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.For the fiscal year ending March 2026, the company explained that financing required to acquire solar power generation facilities was difficult to arrange, resulting in completed facilities amounting to approximately half of the planned level. It also explained that expansion of new businesses was limited to a minimum increase in profit during the fiscal year because of required procedures, qualifications, and other factors.
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