Komori
Earnings presentation3561CHIKARANOMOTO HOLDINGS Co.,Ltd.Retail

Supplementary Explanatory Materials for the Second Quarter Financial Results for the Fiscal Year Ending March 2027

Revenue increased in the first half, while operating profit and net profit declined due to higher raw material and personnel costs, store opening and relocation expenses, overseas investment and other factors. The company lowered its full-year forecasts and expects revenue of ¥38,408 million and operating profit of ¥1,512 million.

Worth reading
91Important
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
-813
¥ million (decrease in operating profit versus the initial forecast)
Wording
Conditional
How definitive the wording is.

Contents of this document

Supplementary materials to the earnings reportSecond quarter of the fiscal year ending March 202711 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥18,504 million+7.0%
Operating profit¥460 million-51.9%
Net income¥173 million-82.8%
Operating profit margin2.5 %
Selling, general and administrative expenses¥12,199 million
Results for the three months of the current quarter
Net Sales
¥9,497 million
Operating profit
¥220 million
Full-year earnings forecast
Net Sales
¥38,408 million
Operating profit
¥1,512 million
Ordinary income
¥1,564 million
Profit attributable to owners of the parent
¥843 million
Progress against full-year forecast　通期の予想に対して、いまどこまで進んだかの割合です。
Consolidated revenue48.2%
Consolidated operating profit30.4%
Consolidated net income20.5%
Revenue from domestic store operations47.9%
Operating income from domestic store operations38.0%
Revenue from overseas store operations49.2%
Revenue from product sales44.9%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Revenue fell below plan
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Higher cost of sales ratio, store opening-related expenses, relocation and other factors¥-117 million
  • Higher SG&A Expenses¥-348 million
  • Overseas expansion investments and lower profitability at certain stores¥-28 million
  • Product sales¥-3 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Assumed Exchange Rates
USD158.59
EUR184.07
GBP213.15
SGD123.92
AUD111.01
Second-half same-store sales in major overseas regions97.2% year on year in local-currency terms
Annual store opening plan
Japan15–20 stores
Overseas16 stores
New initiatives
  • Launch of Ippudo's first cup noodles at mass retailers nationwide
  • Opening a store in Bentonville, Arkansas, USA
  • Expansion of the new Ramen Mania format
  • Beginning transactions with mass retailers in Mexico
  • Expansion of sales channels for plant-based products
  • Digital transformation initiatives, including mobile ordering, self-checkout and automated ramen cooking machines
Key KPIsA metric the company considers important as a management benchmark.
  • Average spend per customer at existing stores (Japan, after completion of price revisions)102.3 Year-on-year %
  • Customer count at existing stores (Japan, after completion of price revisions)102 Year-on-year %
  • Inbound guest ratio18.6 %
  • Year-on-year foreign exchange impact on all directly operated stores9.2 pt
  • Equity ratio62.2 %
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Domestic same stores
Number of CustomersApproximately +2.0% year on year (2 September–30 September)
Average Spend per Customer+2.3% year on year (2 September–30 September)
Full-year estimate
Average Spend per Customer+2.0%
Segment results
Domestic Store Operations
Net Sales
¥9,673 million+6.3%
Operating profit
¥577 million-16.9%
Overseas Store Operations
Net Sales
¥7,213 million+6.2%
Operating profit
¥-51 million
Product sales
Net Sales
¥1,617 million+15.4%
Operating profit
¥189 million-13.0%
Financial targets
Equity ratio
Actual results62.2 %
Number of stores and locations
Number of Stores at Period-End326 stores
Change from previous fiscal year-end9 stores
Japan
Store Openings10
Store closures2
Net increase8
Overseas
Store Openings7
Store closures6
Net increase1
Annual Dividend
24 yen per share
Interim12
End of period12
BreakdownRegular dividend of ¥22 + special dividend of ¥2
Payout ratio
Medium-term guideline of 20% or more
Contents of this document
ItemDetails
Document typeSupplementary materials to the earnings report
Fiscal Period CoveredSecond quarter of the fiscal year ending March 2027
Net Sales¥18,504 million (YoY +7.0%)
Operating profit¥460 million (YoY -51.9%)
Net income¥173 million (YoY -82.8%)
Operating profit margin2.5 %
Selling, general and administrative expenses¥12,199 million
Results for the three months of the current quarterNet Sales ¥9,497 million / Operating profit ¥220 million
Full-year earnings forecastNet Sales ¥38,408 million / Operating profit ¥1,512 million / Ordinary income ¥1,564 million / Profit attributable to owners of the parent ¥843 million
Progress against full-year forecastConsolidated revenue 48.2% / Consolidated operating profit 30.4% / Consolidated net income 20.5% / Revenue from domestic store operations 47.9% / Operating income from domestic store operations 38.0% / Revenue from overseas store operations 49.2% / Revenue from product sales 44.9%
Self-assessment against the planRevenue fell below plan
Segment resultsDomestic Store Operations Net Sales ¥9,673 million (YoY +6.3%) / Operating profit ¥577 million (YoY -16.9%) / Overseas Store Operations Net Sales ¥7,213 million (YoY +6.2%) / Operating profit ¥-51 million / Product sales Net Sales ¥1,617 million (YoY +15.4%) / Operating profit ¥189 million (YoY -13.0%)
Breakdown of Factors Affecting the ChangeFactors Higher cost of sales ratio, store opening-related expenses, relocation and other factors / Amount ¥-117 million, Factors Higher SG&A Expenses / Amount ¥-348 million, Factors Overseas expansion investments and lower profitability at certain stores / Amount ¥-28 million, Factors Product sales / Amount ¥-3 million
Key KPIsIndicator name Average spend per customer at existing stores (Japan, after completion of price revisions) / Value 102.3 Year-on-year %, Indicator name Customer count at existing stores (Japan, after completion of price revisions) / Value 102 Year-on-year %, Indicator name Inbound guest ratio / Value 18.6 %, Indicator name Year-on-year foreign exchange impact on all directly operated stores / Value 9.2 pt, Indicator name Equity ratio / Value 62.2 %
Unit price and quantity metricsDomestic same stores Number of Customers Approximately +2.0% year on year (2 September–30 September) / Average Spend per Customer +2.3% year on year (2 September–30 September) / Full-year estimate Average Spend per Customer +2.0%
Number of stores and locationsNumber of Stores at Period-End 326 stores / Change from previous fiscal year-end 9 stores / Japan Store Openings 10 / Store closures 2 / Net increase 8 / Overseas Store Openings 7 / Store closures 6 / Net increase 1
Assumptions Underlying the Business OutlookAssumed Exchange Rates USD 158.59 / EUR 184.07 / GBP 213.15 / SGD 123.92 / AUD 111.01 / Second-half same-store sales in major overseas regions 97.2% year on year in local-currency terms / Annual store opening plan Japan 15–20 stores / Overseas 16 stores
Financial targetsEquity ratio Actual results 62.2 %
Annual Dividend24 yen per share
Payout ratioMedium-term guideline of 20% or more
New initiativesLaunch of Ippudo's first cup noodles at mass retailers nationwide, Opening a store in Bentonville, Arkansas, USA, Expansion of the new Ramen Mania format, Beginning transactions with mass retailers in Mexico, Expansion of sales channels for plant-based products, Digital transformation initiatives, including mobile ordering, self-checkout and automated ramen cooking machines
Items this document does not state (10)
Ordinary incomeGross Profit MarginNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsAcquisition 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 decrease was due to higher costs, including raw material prices and personnel expenses, weather impacts, domestic store opening-related expenses and the relocation of large-format stores, one-off factors, upfront investment in overseas expansion, and the reaction to a gain on the transfer of fixed assets recognized in the previous fiscal year.

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 March 2027 | CHIKARANOMOTO HOLDINGS Co.,Ltd. (3561) timely disclosure | Komori