Results for this period
Interim period (second quarter)1 September 2025–28 February 2026ConsolidatedJapanese GAAPThe width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Stacked from zero: upward is an increase in cash, downward a decrease (in Millions of yen).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Revenue in the food service business declined due to a decrease in the number of directly operated stores, despite higher same-store sales year on year. Revenue in the wholesale and logistics business increased, mainly due to higher external sales from its comprehensive logistics services, including wholesale. Revenue in the real estate business declined, partly due to the sale of certain Company-owned real estate properties, while revenue in the FC and VC businesses declined due to a decrease in the number of stores and the renewal of fees for the use of operating rights. Overall, amid continuing increases in operating costs such as raw materials, labor and energy, the Company pursued initiatives including various store renovations, efforts to attract more customers, expansion of external sales channels and promotion of DX.
Not applicable.
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 September 2025–28 February 2026 |
| Net Sales | 26,617 Millions of yen (YoY +1.6%) |
| Operating profit | 446 Millions of yen (YoY -25.6%) |
| Ordinary income | 468 Millions of yen (YoY -21.1%) |
| Profit attributable to owners of the parent | 367 Millions of yen (YoY -48.2%) |
| Net income per share | ¥17.50 |
| Equity ratio | End of the current fiscal period 39.8 / End of previous period 38.2 |
| Total assets | 28,889 Millions of yen |
| Net assets | 11,487 Millions of yen |
| Cash flows from operating activities | 643 Millions of yen |
| Cash flows from investing activities | -1,026 Millions of yen |
| Cash flows from financing activities | -128 Millions of yen |
| Cash and cash equivalents at end of period | 5,471 Millions of yen |
| Full-year earnings forecast | Net Sales 53,700 Millions of yen (YoY +2.2%) / Operating profit 1,270 Millions of yen (YoY +6.2%) / Ordinary income 1,220 Millions of yen (YoY +2.0%) / Profit attributable to owners of the parent 920 Millions of yen (YoY -21.6%) |
| Revision to Earnings Forecast | Net Sales 53,700 / Operating profit 1,270 / Ordinary income 1,220 / Profit attributable to owners of the parent 920 → Net Sales 53,700 / Operating profit 1,270 / Ordinary income 1,220 / Profit attributable to owners of the parent 920（Net Sales 0 / Operating profit 0 / Ordinary income 0 / Profit attributable to owners of the parent 0） |
| Annual Dividend Forecast | ¥14 → ¥14（0.0%） |
| Segment revenue | Food and Beverage Business 11,780 Millions of yen (YoY -0.9%) / Wholesale and logistics business 13,410 Millions of yen (YoY +4.1%) / Real Estate Business 813 Millions of yen (YoY -1.6%) / Franchise and VC Business 422 Millions of yen (YoY -9.5%) |
| Segment profit | Food and Beverage Business 556 Millions of yen / Wholesale and logistics business 504 Millions of yen / Real Estate Business 242 Millions of yen / Franchise and VC Business 151 Millions of yen |
| Depreciation and amortization | 530 Millions of yen |
| Impairment loss | 94 Millions of yen |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets 1 Millions of yen / Compensation received 83 Millions of yen / Extraordinary loss Loss on sale of fixed assets 11 Millions of yen / Loss on Disposal of Fixed Assets 88 Millions of yen / Impairment loss 94 Millions of yen / Loss on the reorganization of stores 5 Millions of yen |
| Disclosure regarding the going concern assumption | Not applicable. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for financial institutions, institutional investors, analysts and the media) |
| Issued Shares at Period-End | 21,198,962 |
| Treasury Shares at Period-End | 213,888 |
| Factors Behind Changes in Business Performance | Revenue in the food service business declined due to a decrease in the number of directly operated stores, despite higher same-store sales year on year. Revenue in the wholesale and logistics business increased, mainly due to higher external sales from its comprehensive logistics services, including wholesale. Revenue in the real estate business declined, partly due to the sale of certain Company-owned real estate properties, while revenue in the FC and VC businesses declined due to a decrease in the number of stores and the renewal of fees for the use of operating rights. Overall, amid continuing increases in operating costs such as raw materials, labor and energy, the Company pursued initiatives including various store renovations, efforts to attract more customers, expansion of external sales channels and promotion of DX. |
Items this document does not state (6)
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.In the food service industry, operating costs such as raw materials, labor and energy continue to rise, while consumers are increasingly inclined to economize amid higher prices and sluggish growth in real wages. The Company pursued initiatives including store renovations, expanded digital marketing and online reservations, expansion of external sales channels for its wholesale and logistics business, securing earnings in its real estate, FC and VC businesses, and productivity improvements through digital transformation (DX).