Komori
Kourakuen (7554) · RiskWorsenedLatest Earnings (2026-08-06): "Restated"

High dependence on the ramen business

First written in FY2016. 6 of 14 entries say "Worsened", first in FY2022. Latest entry: 2026-08-06.

14entries
11years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2018MitigatedFY2019 – FY2021WorsenedFY2024-Q2 – FY20262016: 120162017: 120172018: 120182019: 120192020: 020202021: 120212022: 120222023: 320232024: 220242025: 120252026: 22026
Same theme, other companies
High dependence on the ramen businessA theme 4 companies write about · 4 as a headwind · 0 as a tailwind

Kourakuen moved to the "Worse" side of this theme in 2024.

1 other company's latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. 2026-08-06RestatedEarnings

    「As the Company operates a single segment, the ramen business, segment information has been omitted.」

    The Company reconfirmed its structure as a single-segment ramen business.
  2. FY2026WorsenedAnnual report

    「Accordingly, because of the company’s high dependence on the ramen business, if the business is disrupted in any way by external factors, such as a deterioration or prolonged weakness in domestic economic conditions, store closures or reduced operating hours due to worsening electricity supply conditions, or problems specific to the company, this could affect the company’s performance.」

    The other businesses have been discontinued, increasing the ramen business’s share of revenue from 95.8% to 100.0%. Dependence-related risk associated with the ramen business has increased further.
  3. FY2025WorsenedAnnual report

    「Ramen business 18,051,492 95.8; Other businesses 792,396 4.2; Total 18,843,888 100.0」

    The ramen business accounted for 95.8% of revenue, up from approximately 95.1% at the previous review, indicating increased dependence on the business.
  4. FY2025-H1WorsenedAnnual report

    「As a result, revenue from the ramen business was ¥13,041 million, up 10.7% year on year. Revenue from other businesses was ¥672 million, down 47.5% year on year.」

    The ramen business accounted for approximately 95.1% of revenue based on the disclosed figures, up from approximately 89.7% in the previous full year and approximately 90.5% in the year-to-date period of the previous year. Dependence on the ramen business is increasing.
  5. FY2024-Q3WorsenedAnnual report

    「As a result, revenue from the ramen business was ¥18,015 million, up 4.4% year on year.」

    The ramen business accounted for approximately 90.5% of revenue, calculated from ramen business revenue of ¥18,015 million and revenue from other businesses of ¥1,894 million, up from approximately 90.2% in the year-to-date period of the previous year.
  6. FY2024-Q2WorsenedAnnual report

    「As a result, revenue from the ramen business was ¥11,782 million, up 3.5% year on year.」

    Revenue from the ramen business was ¥11,782 million and revenue from other businesses was ¥1,280 million, giving the ramen business a share of approximately 90.2% based on the disclosed figures. Dependence on the business increased from approximately 89.7% in the previous full year.
  7. FY2024-Q1MitigatedAnnual report

    「Revenue from the ramen business was ¥5,536 million, down 0.6% year on year. Revenue from other businesses was ¥652 million, up 0.9% year on year.」

    The ramen business accounted for approximately 89.4% of revenue based on the reported figures, slightly below the 89.7% recorded for the previous full year. Dependence on the business nevertheless remains high.
  8. FY2023MitigatedAnnual report

    「The ramen business accounts for a high proportion of the business.」

    The ramen business’s share of revenue declined from 90.0% in the previous period to 89.7%, slightly reducing the company’s dependence, although it remains at a high level.
  9. FY2022WorsenedAnnual report

    「The ramen business accounts for a high proportion of the business.」

    The ramen business’s share of revenue rose from 88.7% in the previous period to 90.0%, increasing the company’s dependence on the business again.
  10. FY2021MitigatedAnnual report

    「The ramen business accounts for a high proportion of the business.」

    The ramen business’s share of net sales declined from 90.4% to 88.7%, while the share of other businesses rose from 9.6% to 11.3%. However, the company continues to disclose its high dependence on the ramen business as a risk.
  11. FY2019MitigatedAnnual report

    「The ramen business accounts for a high proportion of the business.」

    The ramen business’s share of net sales declined from 97.3% to 90.8%, while the share of other businesses rose from 2.7% to 9.2%. However, the company continues to disclose its dependence on the ramen business as a risk.
  12. FY2018RestatedAnnual report

    「The ramen business accounts for a high proportion of the Group’s business. As the Group is highly dependent on its ramen business, its performance may be affected if the expansion of that business is disrupted by external factors, such as deteriorating or stagnant economic conditions in Japan or overseas or worsening electricity-supply conditions that hinder store operations, or by problems specific to the Group.」

    The company continues to disclose its 97.3% dependence on ramen-business net sales as a risk.
  13. FY2017RestatedAnnual report

    「As the Group is highly dependent on its ramen business, its performance may be affected if the expansion of that business is disrupted by external factors, such as deteriorating or stagnant economic conditions in Japan or overseas or worsening electricity-supply conditions that hinder store operations, or by problems specific to the Group.」

    The company continues to disclose its dependence on the ramen business as a risk, with the business accounting for 97.6% of net sales in the current fiscal year.
  14. FY2016First statedAnnual report

    「As the Group is highly dependent on its ramen business, if the expansion of that business is disrupted, for example, by difficulties in store operations caused by deteriorating or stagnant economic conditions in Japan or overseas or by worsening electricity-supply conditions, the Group’s performance may be affected.」

    The ramen business accounted for 97.5% of net sales in the fiscal year ended March 2016.
Moved together

"Opening Stores in New Trade Areas and Expanding the Store Network" moved the same way as this thread, in the same document, in 6 of its 14 moves.

654433★123456
  1. ★This thread
  2. 1Opening Stores in New Trade Areas and Expanding the Store Network6×
  3. 2Responding to demand for prepared foods and transforming into a comprehensive food company5×
  4. 3Product Policy Prioritizing Value Over Price4×
  5. 41,000-Store Network in Japan4×
  6. 5New Formats and Product Development to Offset Reliance on a Single Brand3×
  7. 6Structural reform through the implementation of the medium-term management plan3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Kourakuen yet. It last moved in the Earnings of 2026-08-06: "Restated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
High dependence on the ramen business | KOURAKUEN CORPORATION (7554) | Komori