Expansion of Overseas Store Network and Improvement in Profitability of Overseas Operations

「As a result, although revenue declined 2.7% year on year to ¥10,189.5 million, business profit increased significantly to a record ¥528.5 million, up 109.4%.」

「As a result, revenue was ¥5,011.5 million, down 2.8% year on year, while business profit increased significantly to a record ¥255.0 million for an interim period, up 177.7% year on year.」

「With the aim of improving revenue and profitability despite difficult market conditions, on 1 October 2024 the Company established a division within its Overseas Business Headquarters to promote reform of its overseas restaurant formats. It sent personnel with extensive knowledge of the domestic business overseas and advanced efforts to strengthen the development of successful restaurant models. Revenue increased significantly to a record ¥10,467.4 million, up 18.1% year on year, partly owing to the full-year contribution from Fulham Shore, which was consolidated from the second quarter of the previous fiscal year. Business profit declined 7.3% to ¥252.4 million, as the Company had not yet recovered the delays accumulated through the interim period.」

「Spicy noodle brand Tam Jai added 5 restaurants in Hong Kong but lost 3 in China and 1 in Singapore, bringing the total to 234. Marugame Udon added 3 restaurants in Taiwan, bringing the total to 59, and increased both revenue and business profit while maintaining a high profit margin. In the United States, 1 restaurant was added, bringing the total to 16. Revenue increased, but business profit declined owing to higher labor and rent costs associated with the openings. In the United Kingdom, 1 restaurant closed, but revenue increased as customer numbers at existing restaurants rose. Business loss declined significantly year on year as cost reductions were advanced, including control of the cost ratio and optimization of staffing.」

「Spicy noodle brand Tam Jai added 6 restaurants in China, 7 in Hong Kong and 1 in Singapore, bringing the total to 229 and increasing both revenue and business profit. Marugame Udon added 6 restaurants in Taiwan, and revenue and business profit increased significantly as personnel training improved product and service quality.」

「Spicy noodle brand Tam Jai added 7 restaurants in China, 5 in Hong Kong and 1 in Singapore, bringing the total to 228 and increasing revenue. Marugame Udon opened 8 restaurants in Taiwan, and revenue and business profit increased significantly as personnel training improved product and service quality. In the United States, revenue and business profit also increased, owing in part to higher customer numbers at existing restaurants and strong performance at 2 new restaurants. In the United Kingdom, efforts to improve productivity through higher revenue produced some results, but investment for growth continued to precede earnings. Revenue, helped by the impact of the consolidation of UK-based Fulham Shore from the second quarter and foreign exchange movements, rose significantly to a record ¥6,471.4 million for the nine months ended the third quarter, up 43.3% year on year. Business profit also increased significantly, by 109.5%, to ¥316.1 million.」

「Revenue increased significantly to a record ¥4,047.7 million for the six months ended the second quarter, up 42.1% year on year, partly owing to the impact of the consolidation of UK-based Fulham Shore, which began in the second quarter, and foreign exchange movements. Business profit also increased 90.7% to ¥182.1 million.」

「Hong Kong-based spicy noodle brand Tam Jai opened 1 restaurant each in China and Singapore, and revenue and business profit increased as the gradual recovery from the impact of COVID-19 continued. Marugame Udon opened 3 restaurants in Taiwan, and revenue and business profit increased significantly as personnel training improved product and service quality. In the United States, the new restaurants performed well and profitability at existing restaurants improved. In the United Kingdom, efforts were made to improve productivity through higher revenue, but investment for growth continued to precede earnings. As a result, helped by foreign exchange movements, revenue increased significantly to a record ¥1,748.6 million for the three months ended the quarter, up 37.7% year on year, while business profit increased 83.1% to ¥74.2 million.」

「Hong Kong-based spicy noodle brand Tam Jai added 36 restaurants in Asia during the nine months ended the third quarter. Although it was affected by lower operating efficiency resulting from restrictions on activities in China, sales gradually increased as disease-control measures relating to social distancing were eased. In the United Kingdom, 3 restaurants were opened during the three months ended the third quarter, bringing the total to 9. Brand recognition increased through coverage in local media and selection for awards.」

「Hong Kong-based Tam Jai opened 35 restaurants in Asia during the six months ended the second quarter, resulting in a significant increase in revenue. In the United States, the Hawaii restaurant and the new restaurants opened in March under the Marugame Udon brand performed well, while Taiwan also remained on a recovery trend. In the United Kingdom, the sixth restaurant opened and steadily attracted customers. As a result, revenue rose significantly to ¥2,847.9 million, up 44.5% year on year and 8.3% versus the initial plan. Business profit declined to ¥95.5 million, down 34.0% year on year but up 6.1% versus the initial plan, owing to higher raw material and labor costs, increased upfront investment including marketing expenses associated with the global expansion of multiple formats, and a temporary decline in operating efficiency due to restrictions on activities to prevent the spread of COVID-19 in some regions.」

「In the overseas business segment, Hong Kong-based Tam Jai opened 20 restaurants in Asia during the first quarter, resulting in a substantial increase in revenue. In the United States, Marugame Udon’s Hawaii restaurants continued to perform well against a backdrop of increased tourist numbers, and the new restaurant opened in March also performed steadily. As a result, revenue increased substantially to ¥12,695 million, up 35.0% year on year. On the profit front, business profit declined 21.6% to ¥405 million, due to increased upfront investment, including marketing and personnel expenses associated with Tam Jai’s overseas openings, as well as temporarily lower operating efficiency in some areas following tighter restrictions to prevent the spread of COVID-19.」

「In the overseas business segment, Hong Kong-based Tam Jai added 29 restaurants during the fiscal year, contributing to substantial increases in revenue and profit. In the United States, Marugame Udon’s Hawaii restaurants performed well against a backdrop of increased tourist numbers, also resulting in higher revenue and profit. In the United Kingdom, 4 Marugame Udon restaurants were opened during the fiscal year.」

「In the overseas business, 65 restaurants were opened, including 37 FC and other restaurants, and 60 restaurants were closed, including 51 FC and other restaurants. As a result, the number of operating restaurants at the end of the third quarter of the current consolidated fiscal year was 631, including 390 FC and other restaurants. Despite the impact of COVID-19, revenue was ¥31,002 million, up 37.3% year on year, and segment profit was ¥2,204 million, up 103.8%.」

「In the overseas business, 39 restaurants were opened, including 22 FC and other restaurants, and 40 restaurants were closed, including 32 FC and other restaurants. As a result, the number of operating restaurants at the end of the second quarter of the current consolidated fiscal year was 625, including 394 FC and other restaurants. Despite the impact of COVID-19, revenue was ¥19,704 million, up 34.8% year on year, and segment profit was ¥1,448 million, up 110.1%.」

「In the overseas business, 15 restaurants were opened, including 9 FC and other restaurants, and 18 restaurants were closed, including 16 FC and other restaurants. As a result, the number of operating restaurants at the end of the first quarter of the current consolidated fiscal year was 623, including 397 FC and other restaurants. Despite the impact of COVID-19, revenue was ¥9,407 million, up 21.8% year on year, while segment profit was ¥517 million, down 18.5%.」

「In the overseas business, 93 restaurants were opened, including 52 FC and other restaurants, and 95 restaurants were closed, including 86 FC and other restaurants. As a result, the number of operating restaurants at the end of the consolidated fiscal year was 626, including 404 FC and other restaurants. Revenue was ¥31,273 million, down 4.9% from the previous fiscal year, and segment profit was ¥1,301 million, down 63.8%.」

「In the overseas business, 74 restaurants were opened, including 41 FC and other restaurants, and 77 restaurants were closed, including 69 FC and other restaurants. As a result, the number of operating restaurants at the end of the third quarter of the current consolidated fiscal year was 625, including 410 FC and other restaurants. Revenue was ¥22,572 million, down 9.9% year on year, and segment profit was ¥1,081 million, down 66.6%.」

「In the overseas business, 37 restaurants were opened, including 22 FC and other restaurants, and 61 restaurants were closed, including 54 FC and other restaurants. As a result, the number of operating restaurants at the end of the second quarter of the current consolidated fiscal year was 604, including 406 FC and other restaurants. Revenue was ¥14,612 million, down 12.6% year on year, and segment profit was ¥689 million, down 70.7%.」

「We also worked to improve the profitability of the overseas business by continuing new restaurant openings, assessing market conditions in each country of operation, and closing unprofitable restaurants and taking other measures.」

「In the overseas business, 120 restaurants were opened, including 93 FC and other restaurants, and 67 restaurants were closed, including 59 FC and other restaurants. As a result, the number of operating restaurants at the end of the consolidated fiscal year was 628, including 438 FC and other restaurants.」

「In the overseas business, 97 restaurants were opened, including 73 FC and other restaurants, and 51 restaurants were closed, including 42 FC restaurants. As a result, the number of operating restaurants at the end of the third quarter of the current consolidated fiscal year was 621, including 434 FC and other restaurants. Revenue was ¥25,051 million, up 11.4% year on year, and segment profit was ¥3,240 million, up 28.5%.」

「In the overseas business, 61 restaurants were opened, including 51 FC and other restaurants, and 34 restaurants were closed, including 28 FC and other restaurants. As a result, the number of operating restaurants at the end of the second quarter of the current consolidated fiscal year was 602, including 427 FC and other restaurants. Revenue was ¥16,720 million, up 12.2% year on year, and segment profit was ¥2,352 million, up 38.8%.」

「In the overseas business, 30 restaurants were opened, including 25 FC and other restaurants, and 11 restaurants were closed, including 8 FC and other restaurants. As a result, the number of operating restaurants at the end of the first quarter of the current consolidated fiscal year was 594, including 421 FC and other restaurants. Revenue was ¥8,221 million, up 12.0% year on year, and segment profit was ¥1,032 million, up 29.6%.」

「In the overseas business, 108 restaurants were opened, including 87 FC and other restaurants, and 64 restaurants were closed, including 48 FC and other restaurants. As a result, the number of operating restaurants at the end of the third quarter of the current consolidated fiscal year was 572, including 402 FC and other restaurants.」

「In the overseas business, 58 restaurants were opened, including 52 FC and other restaurants, and 37 restaurants were closed, including 26 FC and other restaurants. As a result, the number of operating restaurants at the end of the second quarter of the current consolidated fiscal year was 549, including 391 FC and other restaurants.」

「The results for the first quarter increased substantially following the acquisition as subsidiaries in the previous fourth quarter of JOINTED-HEART CATERING HOLDINGS LIMITED, BEST NEW MANAGEMENT LIMITED and other companies operating food-service businesses in Hong Kong. As a result, revenue for the segment increased by ¥5,668 million year on year to ¥7,341 million. Segment profit increased by ¥721 million to ¥796 million.」

「In the overseas business, 232 restaurants were opened, including 111 FC and other restaurants, and 38 restaurants were closed, including 35 FC and other restaurants. As a result, the number of operating restaurants at the end of the consolidated fiscal year was 528, including 365 FC and other restaurants. Revenue was ¥10,425 million, up 78.9% from the previous fiscal year, and segment profit was ¥792 million, up 117.9%.」

「Outside Japan, we worked to improve the profitability of the overseas business by continuing acquisitions and new restaurant openings, assessing market conditions in each country of operation, and closing unprofitable restaurants and taking other measures. We also continued to expand actively while emphasizing profitability, opening 7 directly operated restaurants and adding 85 FC and other restaurants (Note 1), including through new openings.」

「Outside Japan, we continued to expand actively while emphasizing profitability. In addition to opening 5 directly operated restaurants, we expanded the business through 54 additional FC and other restaurants (Note 1), including new openings.」

「In the overseas business, 33 restaurants were opened, including 31 FC and other restaurants, and 9 restaurants were closed, all 9 of them FC and other restaurants. As a result, the number of operating restaurants at the end of the first quarter of the current consolidated fiscal year was 358, including 311 FC and other restaurants.」

「We achieved profitability in segment profit. Outside Japan, we will continue acquisitions and active restaurant openings while working to further improve profitability.」

「Outside Japan, we continued to expand actively while emphasizing profitability. In addition to opening 20 directly operated restaurants, we expanded the business through 75 additional FC and other restaurants (Note 1), including new openings.」

「Outside Japan, we continued to expand actively while emphasizing profitability. In addition to opening 6 directly operated restaurants, we expanded the business through 41 additional FC and other restaurants (Note 1), including new openings.」

「Outside Japan, we continued to expand actively while emphasizing profitability. In addition to opening 2 directly operated restaurants, we expanded the business through 16 additional FC and other restaurants (Note 1), including new openings.」

「Outside Japan, we worked to improve the profitability of the overseas business by continuing acquisitions and new restaurant openings, assessing market conditions in each country of operation, and closing unprofitable restaurants and taking other measures.」