Financial Results Briefing Materials for the Third Quarter of the Fiscal Year Ending September 2026 | FOOD & LIFE COMPANIES LTD. (3563) timely disclosure

Worth reading

80Important

Scored from 5 of 6 sections

Direction

Improvement

Direction inferred from the company’s description.

Scale

100

¥100 million (increase from the initial operating profit plan)

Wording

Conditional

How definitive the wording is.

Contents of this document

Financial results presentationQ3 FY20269 items taken from the company’s own explanation

Financial Results Figures (The key points of this material are explained below)

Net Sales¥390,421 million+24.7%

Operating profit¥42,022 million+43.9%

Net income26,578 Millions of yen +47.1%profit for the quarter attributable to owners of the parent

Operating profit margin10.8 % as a percentage of revenue

Results for the three months of the current quarter

Revenue

¥136,238 million+24.6%

Operating profit

¥13,942 million+44.2%

Quarterly profit attributable to owners of the parent

¥8,790 million+41.7%

EBITDA

¥18,915 million+41.4%

Full-year earnings forecast

Revenue

¥505,000 million

Adjusted EBITDA

¥71,000 million

EBITDA margin

14.1 %

Operating profit

¥50,500 million

Operating profit margin

10 %

Profit for the period

¥31,500 million

Net profit margin

6.2 %

EPS

¥138.73

ROE

28.5 %

Year-on-year sales at existing domestic SUSHIRO stores

106.5 %

Store openings

130~135

Cost ratio

43.2 %

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。

Revenue77.3 %

EBITDA83.2 %

Operating profit86.6 %

Profit for the period attributable to owners of the parent88.6 %

What the company explained in this material

Self-assessment against the planThe company's self-assessment against its own plan.

Strong results, exceeding the plan

Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.

Operating profit margin

Domestic SUSHIRO cost ratio-0.2 pt

Domestic Sushiro SG&A0.3 pt

Overseas SUSHIRO cost ratio-0.3 pt

Overseas Sushiro SG&A1.1 pt

KyoTaru business0 pt

Domestic Sugitama business0.1 pt

Parent-company SG&A0.3 pt

Other income and expenses0.2 pt

Quarterly profit margin

Cost of sales-0.3 pt

Personnel Expenses0.5 pt

Other SG&A expenses1 pt

Other income and expenses0.2 pt

Finance0.2 pt

Taxes and other items-0.5 pt

Non-controlling interests-0.1 pt

Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.

Year-on-year sales at existing domestic SUSHIRO stores106.5%

Store openings130–135 stores

Cost ratio43.2%

New initiatives

Accelerating overseas SUSHIRO store openings
Transfer of Kyotaru shares and its planned classification as a discontinued operation from 1 September 2026
Continuing domestic and overseas store openings and investment in DigiRO

Key KPIsA metric the company considers important as a management benchmark.

Store count1,263 stores
Year on year against the same period last year+83.0%
Year-on-year sales at existing domestic SUSHIRO stores106.5 %
Number of overseas SUSHIRO stores304 stores

Segment results

Domestic Sushiro business

Revenue

¥216,932 million+10.7%

EBITDA

¥23,354 million+14.7%

Operating profit

¥17,168 million+12.4%

Overseas Sushiro business

Revenue

¥150,637 million+61.8%

EBITDA

¥27,162 million+67.0%

Operating profit

¥20,368 million+83.2%

KyoTaru business

Revenue

¥16,281 million-8.5%

EBITDA

¥654 million+68.4%

Operating profit

¥441 million+137.9%

Domestic Sugitama business

Revenue

¥6,484 million+9.2%

EBITDA

¥439 million+124.0%

Operating profit

¥241 million+717.5%

Financial targets

Forecast ROE28.5 %

Actual equity ratio27.5 %

unit2%

Actual Net Debt/EBITDA0.1 %

unit3x

Risk amount incorporated into the outlookThe amount representing the range of variation the company expects in its forecast.

Impact of the transfer of Kyotaru shares

RevenueApproximately -¥20.0 billion

Operating profitApproximately -¥1.5 billion

Number of stores and locations

Number of Stores at Period-End1,263 stores

Increase during the period100 stores

Decrease during the period35 stores

Breakdown

Domestic SUSHIRO

End of period667

Increased10

Decreased2

Overseas SUSHIRO

End of period304

Increased78

Decreased1

Domestic SUGIDAMA and Sakabayashi

End of period105

Increased10

Decreased0

Overseas SUGIDAMA and Sakabayashi

End of period6

Increased0

Decreased1

Kaiten Sushi Misaki and Misakimaru

End of period85

Increased0

Decreased2

Takeout and SUSHIRO

End of period1

Increased0

Decreased7

Kyotaru and other takeout businesses

End of period86

Increased2

Decreased16

Other domestic brands

End of period9

Increased0

Decreased6

Contents of this document
Item	Details
Document type	Financial results presentation
Fiscal Period Covered	Q3 FY2026
Net Sales	¥390,421 million (YoY +24.7%)
Operating profit	¥42,022 million (YoY +43.9%)
Net income	26,578 Millions of yen (profit for the quarter attributable to owners of the parent) (YoY +47.1%)
Operating profit margin	10.8 % (as a percentage of revenue)
Results for the three months of the current quarter	Revenue ¥136,238 million (YoY +24.6%) / Operating profit ¥13,942 million (YoY +44.2%) / Quarterly profit attributable to owners of the parent ¥8,790 million (YoY +41.7%) / EBITDA ¥18,915 million (YoY +41.4%)
Full-year earnings forecast	Revenue ¥505,000 million / Adjusted EBITDA ¥71,000 million / EBITDA margin 14.1 % / Operating profit ¥50,500 million / Operating profit margin 10 % / Profit for the period ¥31,500 million / Net profit margin 6.2 % / EPS ¥138.73 / ROE 28.5 % / Year-on-year sales at existing domestic SUSHIRO stores 106.5 % / Store openings 130~135 / Cost ratio 43.2 %
Progress against full-year forecast	Revenue 77.3 % / EBITDA 83.2 % / Operating profit 86.6 % / Profit for the period attributable to owners of the parent 88.6 %
Self-assessment against the plan	Strong results, exceeding the plan
Segment results	Domestic Sushiro business Revenue ¥216,932 million (YoY +10.7%) / EBITDA ¥23,354 million (YoY +14.7%) / Operating profit ¥17,168 million (YoY +12.4%) / Overseas Sushiro business Revenue ¥150,637 million (YoY +61.8%) / EBITDA ¥27,162 million (YoY +67.0%) / Operating profit ¥20,368 million (YoY +83.2%) / KyoTaru business Revenue ¥16,281 million (YoY -8.5%) / EBITDA ¥654 million (YoY +68.4%) / Operating profit ¥441 million (YoY +137.9%) / Domestic Sugitama business Revenue ¥6,484 million (YoY +9.2%) / EBITDA ¥439 million (YoY +124.0%) / Operating profit ¥241 million (YoY +717.5%)
Breakdown of Factors Affecting the Change	Operating profit margin Domestic SUSHIRO cost ratio -0.2 pt / Domestic Sushiro SG&A 0.3 pt / Overseas SUSHIRO cost ratio -0.3 pt / Overseas Sushiro SG&A 1.1 pt / KyoTaru business 0 pt / Domestic Sugitama business 0.1 pt / Parent-company SG&A 0.3 pt / Other income and expenses 0.2 pt / Quarterly profit margin Cost of sales -0.3 pt / Personnel Expenses 0.5 pt / Other SG&A expenses 1 pt / Other income and expenses 0.2 pt / Finance 0.2 pt / Taxes and other items -0.5 pt / Non-controlling interests -0.1 pt
Key KPIs	Indicator name Store count / Value 1,263 stores / Year on year against the same period last year 83 stores, Indicator name Year-on-year sales at existing domestic SUSHIRO stores / Value 106.5 % / Year on year against the same period last year Not disclosed, Indicator name Number of overseas SUSHIRO stores / Value 304 stores / Year on year against the same period last year Not disclosed
Number of stores and locations	Number of Stores at Period-End 1,263 stores / Increase during the period 100 stores / Decrease during the period 35 stores / Breakdown Domestic SUSHIRO End of period 667 / Increased 10 / Decreased 2 / Overseas SUSHIRO End of period 304 / Increased 78 / Decreased 1 / Domestic SUGIDAMA and Sakabayashi End of period 105 / Increased 10 / Decreased 0 / Overseas SUGIDAMA and Sakabayashi End of period 6 / Increased 0 / Decreased 1 / Kaiten Sushi Misaki and Misakimaru End of period 85 / Increased 0 / Decreased 2 / Takeout and SUSHIRO End of period 1 / Increased 0 / Decreased 7 / Kyotaru and other takeout businesses End of period 86 / Increased 2 / Decreased 16 / Other domestic brands End of period 9 / Increased 0 / Decreased 6
Assumptions Underlying the Business Outlook	Year-on-year sales at existing domestic SUSHIRO stores 106.5% / Store openings 130–135 stores / Cost ratio 43.2%
Risk amount incorporated into the outlook	Impact of the transfer of Kyotaru shares Revenue Approximately -¥20.0 billion / Operating profit Approximately -¥1.5 billion
Financial targets	Forecast ROE 28.5 % / Actual equity ratio 27.5 % / unit2 % / Actual Net Debt/EBITDA 0.1 % / unit3 x
New initiatives	Accelerating overseas SUSHIRO store openings, Transfer of Kyotaru shares and its planned classification as a discontinued operation from 1 September 2026, Continuing domestic and overseas store openings and investment in DigiRO

Items this document does not state (13)

Ordinary incomeGross Profit MarginSelling, general and administrative expensesUnit price and quantity metricsNumber of employeesMedium-term management plan 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 overseas business, particularly the China business, performed strongly, and the acceleration of store openings also contributed. In the domestic SUSHIRO business, sales at existing stores exceeded the high level achieved in the prior year, while campaigns and IP collaborations also contributed. The Company cited the strong overseas business, accelerated overseas store openings and domestic existing-store sales exceeding plan as factors behind the further upward revision to its full-year forecast.

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.