Revised forecast
Fiscal year ending March 2027 · Cumulative second quarter (interim period) and full yearPrevious forecast published 13 May 2026The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.
The reasons for the interim period were that changes in travel trends in Asia had a greater-than-expected impact on inbound demand, particularly in the 牛カツ business; that promotional expenses increased, mainly in the サンマルクカフェ business, while the resulting effect fell below expectations; and that the rise in costs such as personnel expenses and raw material costs could not be absorbed. The full-year forecast was withdrawn because the assumptions changed significantly following the transfer of the “つるとんたん” business through an absorption-type company split, making it difficult at this time to reasonably estimate the impact on net sales, expenses and other items after the transfer, as well as the amount of goodwill and its amortization period.
| Item | Details |
|---|---|
| Net Sales | Interim period 45,200 / Full year 93,000 → Interim period 44,972 / Full year Undecided（Interim period -0.5 / Full year Not disclosed） |
| Operating profit | Interim period 2,200 / Full year 5,300 → Interim period 1,689 / Full year Undecided（Interim period -23.2 / Full year Not disclosed） |
| Ordinary income | Interim period 2,100 / Full year 5,100 → Interim period 1,629 / Full year Undecided（Interim period -22.4 / Full year Not disclosed） |
| Profit attributable to owners of the parent | Interim period 1,000 / Full year 2,900 → Interim period 587 / Full year Undecided（Interim period -41.3 / Full year Not disclosed） |
| Net income per share | Interim period 46.65 / Full year 135.28 → Interim period 27.39 / Full year Undecided |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Cumulative second quarter (interim period) and full year |
| Publication date of previous forecast | 13 May 2026 |
| Previous-period results | Interim period Net Sales 43,585 / Operating profit 2,363 / Ordinary income 2,250 / Interim net income attributable to owners of the parent 1,048 / Interim net profit per share 48.22 / Full year Net Sales 88,432 / Operating profit 5,149 / Ordinary income 5,058 / Profit attributable to owners of the parent 2,705 / Net income per share 125.23 |
| Reason for the revision | The reasons for the interim period were that changes in travel trends in Asia had a greater-than-expected impact on inbound demand, particularly in the 牛カツ business; that promotional expenses increased, mainly in the サンマルクカフェ business, while the resulting effect fell below expectations; and that the rise in costs such as personnel expenses and raw material costs could not be absorbed. The full-year forecast was withdrawn because the assumptions changed significantly following the transfer of the “つるとんたん” business through an absorption-type company split, making it difficult at this time to reasonably estimate the impact on net sales, expenses and other items after the transfer, as well as the amount of goodwill and its amortization period. |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (2)
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 reasons given for the interim period were that changes in travel trends in Asia had a greater-than-expected impact on inbound demand, particularly in the 牛カツ business; that promotional expenses increased, mainly in the サンマルクカフェ business, while the resulting effect fell below expectations; and that costs such as personnel expenses and raw material costs rose. The full-year forecast was withdrawn because the business operating structure changed following the transfer of the “つるとんたん” business through an absorption-type company split, making it difficult at this time to reasonably estimate the impact on net sales, expenses and other items, as well as the amount of goodwill and its amortization period.