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Earnings presentation3547UNISIA HOLDINGS CO.Retail

Supplementary Explanatory Materials for the Second Quarter Financial Results for the Fiscal Year Ending November 2026

In the first half of the fiscal year ending November 2026, consolidated revenue increased substantially, driven by PISOLA's contribution and growth at Kushikatsu Tanaka, while operating income before goodwill amortization also increased. However, growth in operating income was limited and net income declined due to goodwill amortization, M&A-related expenses and the impact of tax effects. The full-year earnings forecast was revised upward for each profit metric.

Worth reading
56In focus
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
340
¥ million
Wording
Conditional
How definitive the wording is.

Contents of this document

Earnings presentationSecond quarter of the fiscal year ending November 20266 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥17,859 million+73.4%
Operating profit¥813 million+20.2%
Ordinary income¥738 million+6.4%
Net income¥366 million-40.0%
Operating profit margin
Rate4.6
Year-on-year change (points)-2
Full-year earnings forecast
Net Sales
¥36,400 million
EBITDA
¥2,970 million
Operating profit
¥1,340 million
Ordinary income
¥1,240 million
Profit attributable to owners of the parent
¥500 million
Gross profit
¥22,800 million
Selling, general and administrative expenses
¥21,460 million
Operating profit before amortization of goodwill
¥1,930 million
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • 串カツ田中¥1,405 million
  • ピソラ¥391 million
  • Other domestic operations¥-64 million
  • House Meal¥29 million
  • Interior Construction¥25 million
  • Corporate expenses¥-677 million
  • Goodwill Amortization¥-295 million
New initiatives
  • Expand the frequency of shareholder benefit distributions from once to twice a year
  • Make children's plates free all day at PISOLA and change the craft dishes monthly
  • Begin selling e-gift cards at PISOLA
  • Open a new brand, "Hikitate Wagyu The Menchi," in Omiya
  • Bring back 無限ニンニクホルモン串 and launch the new 無限スパイスホルモン串
  • Open a joint location for 富之上 and 天のめし
Key KPIsA metric the company considers important as a management benchmark.
  • Average monthly sales per existing Kushikatsu Tanaka store¥6,819 thousand
  • Average monthly sales at existing Kushikatsu Tanaka storesRecord high
  • Cumulative units sold of the Mugen Kushi series2,500 More than 10,000 skewers
  • PISOLA existing-store sales101.7 % year on year
  • PISOLA existing-store customer count100.5 % year on year
Segment results
  • 串カツ田中
    Net Sales¥9,964 million
    Operating profit¥1,404 million
  • ピソラ
    Net Sales¥6,346 million
    Operating profit¥96 million
    Operating profit before amortization of goodwill¥391 million
    Year on year against the same period last yearNo comparable period
  • Other domestic operations
    Net Sales¥588 million
    Operating profit¥-64 million
  • House Meal
    Net Sales¥603 million
    Operating profit¥29 million
  • Interior Construction
    Net Sales¥682 million
    Operating profit¥25 million
  • Consolidation adjustments, etc.
    Net Sales¥-323 million
    Operating profit¥-677 million
Medium-term management plan targets
Target fiscal yearFiscal year ending November 2028
Net Sales
¥48,029 million
Operating profit before amortization of goodwill
¥3,449 million
Operating margin before goodwill amortization
7.2 %
Number of Stores at Period-End
604 Location
Number of stores and locations
  • Core domestic formats
    Number of Stores at Period-End352
    Stores opened during the period8
  • Other domestic formats
    Number of Stores at Period-End72
    Stores opened during the period9
  • New Domestic Formats
    Number of Stores at Period-End12
    Stores opened during the period4
  • Overseas expansion
    Number of Stores at Period-End4
    Stores opened during the period1
Contents of this document
ItemDetails
Document typeEarnings presentation
Fiscal Period CoveredSecond quarter of the fiscal year ending November 2026
Net Sales¥17,859 million (YoY +73.4%)
Operating profit¥813 million (YoY +20.2%)
Ordinary income¥738 million (YoY +6.4%)
Net income¥366 million (YoY -40.0%)
Operating profit marginRate 4.6 / Year-on-year change (points) -2
Full-year earnings forecastNet Sales ¥36,400 million / EBITDA ¥2,970 million / Operating profit ¥1,340 million / Ordinary income ¥1,240 million / Profit attributable to owners of the parent ¥500 million / Gross profit ¥22,800 million / Selling, general and administrative expenses ¥21,460 million / Operating profit before amortization of goodwill ¥1,930 million
Segment resultsSegment 串カツ田中 / Net Sales ¥9,964 million / Operating profit ¥1,404 million / Year-on-year change in revenue Not disclosed / Year-on-year operating profit growth Not disclosed, Segment ピソラ / Net Sales ¥6,346 million / Operating profit ¥96 million / Operating profit before amortization of goodwill ¥391 million / Year on year against the same period last year No comparable period, Segment Other domestic operations / Net Sales ¥588 million / Operating profit ¥-64 million, Segment House Meal / Net Sales ¥603 million / Operating profit ¥29 million, Segment Interior Construction / Net Sales ¥682 million / Operating profit ¥25 million, Segment Consolidation adjustments, etc. / Net Sales ¥-323 million / Operating profit ¥-677 million
Breakdown of Factors Affecting the ChangeFactors 串カツ田中 / Amount ¥1,405 million, Factors ピソラ / Amount ¥391 million, Factors Other domestic operations / Amount ¥-64 million, Factors House Meal / Amount ¥29 million, Factors Interior Construction / Amount ¥25 million, Factors Corporate expenses / Amount ¥-677 million, Factors Goodwill Amortization / Amount ¥-295 million
Key KPIsIndicator name Average monthly sales per existing Kushikatsu Tanaka store / Value ¥6,819 thousand / Year on year against the same period last year Not disclosed, Indicator name Average monthly sales at existing Kushikatsu Tanaka stores / Value Record high / Year on year against the same period last year Not disclosed, Indicator name Cumulative units sold of the Mugen Kushi series / Value 2,500 More than 10,000 skewers / Year on year against the same period last year Not disclosed, Indicator name PISOLA existing-store sales / Value 101.7 % year on year / Year on year against the same period last year Not disclosed, Indicator name PISOLA existing-store customer count / Value 100.5 % year on year / Year on year against the same period last year Not disclosed
Number of stores and locationsCategory Core domestic formats / Number of Stores at Period-End 352 Location / Stores opened during the period 8 Location, Category Other domestic formats / Number of Stores at Period-End 72 Location / Stores opened during the period 9 Location, Category New Domestic Formats / Number of Stores at Period-End 12 Location / Stores opened during the period 4 Location, Category Overseas expansion / Number of Stores at Period-End 4 Location / Stores opened during the period 1 Location
Medium-term management plan targetsTarget fiscal year Fiscal year ending November 2028 / Net Sales ¥48,029 million / Operating profit before amortization of goodwill ¥3,449 million / Operating margin before goodwill amortization 7.2 % / Number of Stores at Period-End 604 Location
New initiativesExpand the frequency of shareholder benefit distributions from once to twice a year, Make children's plates free all day at PISOLA and change the craft dishes monthly, Begin selling e-gift cards at PISOLA, Open a new brand, "Hikitate Wagyu The Menchi," in Omiya, Bring back 無限ニンニクホルモン串 and launch the new 無限スパイスホルモン串, Open a joint location for 富之上 and 天のめし
Items this document does not state (17)
Gross Profit MarginSelling, general and administrative expensesResults for the three months of the current quarterProgress against full-year forecastSelf-assessment against the planUnit price and quantity metricsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital 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 revision reflects better-than-expected results at the core businesses Kushikatsu Tanaka and PISOLA, the change in the goodwill amortization period, and the impact of increasing the number of new PISOLA company-operated store openings, among other factors.

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.
Supplementary Explanatory Materials for the Second Quarter Financial Results for the Fiscal Year Ending November 2026 | UNISIA HOLDINGS CO. (3547) timely disclosure | Komori