Earnings Presentation Materials for the Fiscal Year Ending March 2026 | SRS HOLDINGS CO.,LTD. (8163) timely disclosure

Worth reading

69In focus

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Direction

Improvement

Direction inferred from the company’s description.

Scale

8943

¥ million

Wording

Conditional

How definitive the wording is.

Contents of this document

Presentation materials for financial resultsFiscal year ending March 202614 items taken from the company’s own explanation

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

Net Sales¥76,421 million+13.3%

Operating profit¥3,051 million+13.9%

Ordinary income¥2,994 million+17.9%

Net income¥1,694 million+83.1%

Gross Profit Margin65.6%

Operating profit margin4.0%

Selling, general and administrative expenses¥47,080 million

Results for the three months of the current quarterRevenue and ordinary profit in 4Q exceeded the year-earlier period. Standalone figures are shown in charts, but specific values were not disclosed in the extracted text.

Full-year earnings forecast

Net Sales

¥83,000 million

Operating profit

¥3,200 million

Ordinary income

¥3,000 million

Profit attributable to owners of the parent

¥1,800 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。

Net Sales100.6% (achievement rate against the full-year plan for the fiscal year ending March 2026)

Operating profit101.7%

Ordinary income106.9%

Net income attributable to owners of the parent105.9%

What the company explained in this material

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

Exceeded the plan across all items

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

Net Sales

M&A4,635

Existing stores3,038

New stores1,765

Franchise revenue41

Store closures-480

Other57

Operating profitThe chart shows higher costs, including increased raw material prices and personnel expenses, and approximately ¥4,000 million in additional revenue from existing businesses. Individual amounts were partly not disclosed.

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

Revenue growth at existing stores
Contribution from new stores
Rising Raw Material Prices
Rising labor costs

New initiatives

Establishment of the Chugoku-Shikoku Sales Division in April 2026
Accelerated expansion of 和食さと stores in the Chugoku-Shikoku area
Store renovations to strengthen the “family gathering” experience at existing stores
Extension of operating hours to midnight, except at certain stores
Plan to introduce multiple food-serving robots at all 和食さと stores in the fiscal year ending March 2027
Planned introduction of a queue-management system at 家族亭 and other brands
Increase in staffing at the Store Development Headquarters
Certification as a DX-Certified Business Operator

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

Number of group stores780 Location
Number of company-operated store openings22 Location
Market share of the gourmet sushi market16 %
Average revenue of 3 new 和食さと stores in Okayama Prefecture42 % versus the average for new stores opened during the most recent 3 years
Employee turnover rate-0.6 Points
Year on year against the same period last yearImproved

Unit price and quantity metricsThese figures show sales broken down by price and volume.

Average spending per customer (和食さと)99.9–108.2% year on year by month
Year on year against the same period last yearGenerally higher
Average spending per customer (にぎり長次郎)103.0–109.9% year on year by month
Year on year against the same period last yearTrending higher
Number of customers (和食さと)94.0–103.7% year on year by month
Year on year against the same period last yearGenerally lower
Number of customers (にぎり長次郎)91.9–103.3% year on year by month
Year on year against the same period last yearGenerally lower

Segment results

Revenue variances from the previous fiscal year are presented by major business. All businesses exceeded the previous fiscal year's revenue. Business-segment profit figures were not disclosed.

Medium-term management plan targets

Target fiscal yearFiscal year ending March 2030

Consolidated revenue115,000 Revenue and ordinary profit: ¥ million; number of stores: stores; ROE and ROIC: %

Consolidated ordinary income6,000 Revenue and ordinary profit: ¥ million; number of stores: stores; ROE and ROIC: %

Number of Stores at Period-EndMore than 1,180 stores

ROEMore than 12%

ROICMore than 5%

Financial targets

ROE

Actual results for the fiscal year ending March 20269.9%

Target for the fiscal year ending March 2030More than 12%

ROIC

Actual results for the fiscal year ending March 20267.1%

Target for the fiscal year ending March 2030More than 5%

Equity ratio

Actual results for the fiscal year ending March 202637.8%

Market Size / Share

Gourmet sushi market sizeApproximately ¥150 billion

SRS Group market shareApproximately 16%

Number of stores and locations

End of period780 Group stores (757 domestic, 23 overseas)

Store openings during the period22 company-operated stores

Number of employees

Permanent employees1,742 people

Part-time and temporary employees16,423 people

Record dateEnd of March 2025

Change during the period87 people joined the company in April 2026, substantially more than in the previous fiscal year

Annual Dividend

Fiscal year ending March 2026¥10.0

Forecast for the fiscal year ending March 2027¥10.0

Payout ratio

Consolidated payout ratio of at least 20% as a guideline

Contents of this document
Item	Details
Document type	Presentation materials for financial results
Fiscal Period Covered	Fiscal year ending March 2026
Net Sales	¥76,421 million (YoY +13.3%)
Operating profit	¥3,051 million (YoY +13.9%)
Ordinary income	¥2,994 million (YoY +17.9%)
Net income	¥1,694 million (YoY +83.1%)
Gross Profit Margin	65.6%
Operating profit margin	4.0%
Selling, general and administrative expenses	¥47,080 million
Results for the three months of the current quarter	Revenue and ordinary profit in 4Q exceeded the year-earlier period. Standalone figures are shown in charts, but specific values were not disclosed in the extracted text.
Full-year earnings forecast	Net Sales ¥83,000 million / Operating profit ¥3,200 million / Ordinary income ¥3,000 million / Profit attributable to owners of the parent ¥1,800 million
Progress against full-year forecast	Net Sales 100.6% (achievement rate against the full-year plan for the fiscal year ending March 2026) / Operating profit 101.7% / Ordinary income 106.9% / Net income attributable to owners of the parent 105.9%
Self-assessment against the plan	Exceeded the plan across all items
Segment results	Revenue variances from the previous fiscal year are presented by major business. All businesses exceeded the previous fiscal year's revenue. Business-segment profit figures were not disclosed.
Breakdown of Factors Affecting the Change	Net Sales M&A 4,635 / Existing stores 3,038 / New stores 1,765 / Franchise revenue 41 / Store closures -480 / Other 57 / Operating profit The chart shows higher costs, including increased raw material prices and personnel expenses, and approximately ¥4,000 million in additional revenue from existing businesses. Individual amounts were partly not disclosed.
Key KPIs	Indicator name Number of group stores / Value 780 Location / Year on year against the same period last year Not disclosed, Indicator name Number of company-operated store openings / Value 22 Location / Year on year against the same period last year Not disclosed, Indicator name Market share of the gourmet sushi market / Value 16 % / Year on year against the same period last year Not disclosed, Indicator name Average revenue of 3 new 和食さと stores in Okayama Prefecture / Value 42 % (versus the average for new stores opened during the most recent 3 years) / Year on year against the same period last year Not disclosed, Indicator name Employee turnover rate / Value -0.6 Points / Year on year against the same period last year Improved
Unit price and quantity metrics	Indicator name Average spending per customer (和食さと) / Value 99.9–108.2% year on year by month / Year on year against the same period last year Generally higher, Indicator name Average spending per customer (にぎり長次郎) / Value 103.0–109.9% year on year by month / Year on year against the same period last year Trending higher, Indicator name Number of customers (和食さと) / Value 94.0–103.7% year on year by month / Year on year against the same period last year Generally lower, Indicator name Number of customers (にぎり長次郎) / Value 91.9–103.3% year on year by month / Year on year against the same period last year Generally lower
Number of stores and locations	End of period 780 Group stores (757 domestic, 23 overseas) / Store openings during the period 22 company-operated stores
Number of employees	Permanent employees 1,742 people / Part-time and temporary employees 16,423 people / Record date End of March 2025 / Change during the period 87 people joined the company in April 2026, substantially more than in the previous fiscal year
Assumptions Underlying the Business Outlook	Revenue growth at existing stores, Contribution from new stores, Rising Raw Material Prices, Rising labor costs
Medium-term management plan targets	Target fiscal year Fiscal year ending March 2030 / Consolidated revenue 115,000 Revenue and ordinary profit: ¥ million; number of stores: stores; ROE and ROIC: % / Consolidated ordinary income 6,000 Revenue and ordinary profit: ¥ million; number of stores: stores; ROE and ROIC: % / Number of Stores at Period-End More than 1,180 stores / ROE More than 12% / ROIC More than 5%
Financial targets	ROE Actual results for the fiscal year ending March 2026 9.9% / Target for the fiscal year ending March 2030 More than 12% / ROIC Actual results for the fiscal year ending March 2026 7.1% / Target for the fiscal year ending March 2030 More than 5% / Equity ratio Actual results for the fiscal year ending March 2026 37.8%
Annual Dividend	Fiscal year ending March 2026 ¥10.0 / Forecast for the fiscal year ending March 2027 ¥10.0 / Interim and Year-End Breakdown Not disclosed
Payout ratio	Consolidated payout ratio of at least 20% as a guideline
Market Size / Share	Gourmet sushi market size Approximately ¥150 billion / SRS Group market share Approximately 16%
New initiatives	Establishment of the Chugoku-Shikoku Sales Division in April 2026, Accelerated expansion of 和食さと stores in the Chugoku-Shikoku area, Store renovations to strengthen the “family gathering” experience at existing stores, Extension of operating hours to midnight, except at certain stores, Plan to introduce multiple food-serving robots at all 和食さと stores in the fiscal year ending March 2027, Planned introduction of a queue-management system at 家族亭 and other brands, Increase in staffing at the Store Development Headquarters, Certification as a DX-Certified Business Operator

Items this document does not state (5)

Risk amount incorporated into the outlookAcquisition of treasury sharesCapital expendituresOrders received and order backlogKey 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.

Higher average spending per customer resulting from menu initiatives, including price revisions, increased revenue at existing stores, new store openings and the contribution of M&A to the consolidated results were the drivers of revenue growth. Although costs such as raw material and personnel expenses increased, the impact was absorbed by the effect of higher revenue. Net profit also benefited from the recognition of gains on the sale of shares as extraordinary income.

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