Worth reading
69In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
73.4
%Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 December 2025–31 May 2026ConsolidatedJapanese GAAPNet Sales17,859¥ millionYear on year +73.4%Progress 49.1%
Operating profit813¥ millionYear on year +20.2%Progress 60.7%
Ordinary income737¥ millionYear on year +6.4%Progress 59.4%
Net income attributable to owners of the parent366¥ millionYear on year -40.0%Progress 73.2%
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¥33.82
Financial position at period-end
Total assets25,343¥ million
of which net assets 7,391 ¥ millionEquity ratio 29.1%vs. prior year-end -13.2pt
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.
Cash inflows and outflows
Operating+1,097,166
Investment-9,518,704
Financials+8,830,435
Net change+408,897
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period¥3,849,931 thousand
Segment revenue串カツ田中 ¥9,963,547 thousand (YoY +119.4%), ピソラ ¥6,345,607 thousand, Other domestic operations ¥566,766 thousand (YoY +161.7%), House Meal business ¥602,953 thousand (YoY +98.6%), Interior Construction Business ¥380,407 thousand (YoY +63.7%)
Segment profit串カツ田中 ¥1,404,669 thousand (YoY +129.0%), ピソラ ¥96,120 thousand, Other domestic operations ¥-63,660 thousand, House Meal business ¥28,874 thousand (YoY +141.5%), Interior Construction Business ¥24,774 thousand (YoY +32.5%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥36,400 million (YoY +72.6%)
Operating profit¥1,340 million (YoY +13.0%)
Ordinary income¥1,240 million (YoY +0.3%)
Net income¥500 million (YoY -32.8%)
Revision to Earnings ForecastNot disclosed → Net Sales ¥36,400 million / Operating profit ¥1,340 million / Ordinary income ¥1,240 million / Net income ¥500 million
Annual Dividend Forecast¥15 → To be determined
Factors Behind Changes in Business Performance
株式会社ピソラ becoming a consolidated subsidiary; increased customer traffic at Kushikatsu Tanaka through new store openings, various campaigns and the Mugen Kushikatsu series; the renewal of kids' and set menus and introduction of eGIFT at PISOLA; and increased orders for interior construction work, among other factors.
Disclosure regarding the going concern assumption
Not applicable.
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 Yes修正再表示 No
Changes in the scope of consolidationNew Number of companies 1 / Company name 株式会社ピソラ / Excluded Number of companies 0 / Company name Not disclosed
Material subsequent eventsTerminated the business alliance with 株式会社Antway and entered into a basic agreement and memorandum of understanding concerning the transfer of the House Meal business, Borrowed ¥500 million from Mizuho Bank to open new company-operated stores
Impairment lossAmount ¥1,535 thousand / Subject assets Not disclosed
Breakdown of extraordinary income (loss)Extraordinary income Item Gain on sale of non-current assets / Amount ¥764 thousand, Item Gain on business transfer / Amount ¥23,389 thousand, Item Reversal of asset retirement obligations / Amount ¥2,743 thousand / Extraordinary loss Item Loss on closure of stores / Amount ¥6,431 thousand, Item Loss on Disposal of Fixed Assets / Amount ¥5,334 thousand, Item Loss on sale of fixed assets / Amount ¥202 thousand, Item Impairment Losses / Amount ¥1,535 thousand, Item Provision for store closure losses / Amount ¥6,034 thousand
Depreciation and amortization¥500,254 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End11,061,399
Treasury Shares at Period-End218,282
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 December 2025–31 May 2026 |
| Net Sales | ¥17,859 million (YoY +73.4%) |
| Operating profit | ¥813 million (YoY +20.2%) |
| Ordinary income | ¥737 million (YoY +6.4%) |
| Profit attributable to owners of the parent | ¥366 million (YoY -40.0%) |
| Net income per share | ¥33.82 |
| Equity ratio | End of the current fiscal period 29.1 / End of previous period 42.3 |
| Total assets | ¥25,343 million |
| Net assets | ¥7,391 million |
| Cash flows from operating activities | ¥1,097,166 thousand |
| Cash flows from investing activities | ¥-9,518,704 thousand |
| Cash flows from financing activities | ¥8,830,435 thousand |
| Cash and cash equivalents at end of period | ¥3,849,931 thousand |
| Full-year earnings forecast | Net Sales ¥36,400 million (YoY +72.6%) / Operating profit ¥1,340 million (YoY +13.0%) / Ordinary income ¥1,240 million (YoY +0.3%) / Net income ¥500 million (YoY -32.8%) |
| Revision to Earnings Forecast | Not disclosed → Net Sales ¥36,400 million / Operating profit ¥1,340 million / Ordinary income ¥1,240 million / Net income ¥500 million |
| Annual Dividend Forecast | ¥15 → To be determined |
| Segment revenue | 串カツ田中 ¥9,963,547 thousand (YoY +119.4%), ピソラ ¥6,345,607 thousand, Other domestic operations ¥566,766 thousand (YoY +161.7%), House Meal business ¥602,953 thousand (YoY +98.6%), Interior Construction Business ¥380,407 thousand (YoY +63.7%) |
| Segment profit | 串カツ田中 ¥1,404,669 thousand (YoY +129.0%), ピソラ ¥96,120 thousand, Other domestic operations ¥-63,660 thousand, House Meal business ¥28,874 thousand (YoY +141.5%), Interior Construction Business ¥24,774 thousand (YoY +32.5%) |
| Depreciation and amortization | ¥500,254 thousand |
| Impairment loss | Amount ¥1,535 thousand / Subject assets Not disclosed |
| Breakdown of extraordinary income (loss) | Extraordinary income Item Gain on sale of non-current assets / Amount ¥764 thousand, Item Gain on business transfer / Amount ¥23,389 thousand, Item Reversal of asset retirement obligations / Amount ¥2,743 thousand / Extraordinary loss Item Loss on closure of stores / Amount ¥6,431 thousand, Item Loss on Disposal of Fixed Assets / Amount ¥5,334 thousand, Item Loss on sale of fixed assets / Amount ¥202 thousand, Item Impairment Losses / Amount ¥1,535 thousand, Item Provision for store closure losses / Amount ¥6,034 thousand |
| Disclosure regarding the going concern assumption | Not applicable. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate Yes / Restatement No |
| Changes in the scope of consolidation | New Number of companies 1 / Company name 株式会社ピソラ / Excluded Number of companies 0 / Company name Not disclosed |
| Material subsequent events | Terminated the business alliance with 株式会社Antway and entered into a basic agreement and memorandum of understanding concerning the transfer of the House Meal business, Borrowed ¥500 million from Mizuho Bank to open new company-operated stores |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for institutional investors and analysts) |
| Issued Shares at Period-End | 11,061,399 |
| Treasury Shares at Period-End | 218,282 |
| Factors Behind Changes in Business Performance | 株式会社ピソラ becoming a consolidated subsidiary; increased customer traffic at Kushikatsu Tanaka through new store openings, various campaigns and the Mugen Kushikatsu series; the renewal of kids' and set menus and introduction of eGIFT at PISOLA; and increased orders for interior construction work, among other factors. |
Items this document does not state (5)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders received and order backlog
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.Factors contributing to the increases in net sales and operating profit included 株式会社ピソラ becoming a consolidated subsidiary, new Kushikatsu Tanaka restaurant openings and campaigns, increased customer traffic driven by the Mugen Kushikatsu series, and higher orders for interior construction work. The company also explained that the food service industry continues to face labor shortages and rising raw material, energy, logistics and labor costs.
How to read this page
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