Continued revenue growth assumed for the fiscal year ending June 2027; first-quarter results to confirm the full-year plan is off to a solid start

FY2026 consolidated revenue was ¥151,689 million, operating profit was ¥12,145 million, ordinary profit was ¥12,122 million and net income attributable to owners of the parent was ¥8,743 million. Year on year, revenue increased 22.4%, operating profit 31.4%, ordinary profit 34.1% and net income 42.0%, making this high level of performance the comparison base for FY2027-Q1.

The company’s FY2027 full-year forecasts are revenue of ¥173,084 million, operating profit of ¥13,864 million, ordinary profit of ¥13,619 million and net income attributable to owners of the parent of ¥8,756 million. Based on FY2026 actual results, these imply revenue growth of approximately 14.1% and operating profit growth of approximately 14.2%, while net income is expected to increase by only approximately 0.1%. Since net income is expected to grow less than operating profit, it will also be necessary to check whether the assumptions for the tax burden and extraordinary items have changed materially.

A simple even quarterly allocation for FY2027-Q1 corresponds to revenue of ¥43,271 million and operating profit of ¥3,466 million. The restaurant business is seasonal, so these figures should not be treated mechanically as the company’s earnings target for the quarter. At a minimum, however, maintaining revenue and profit growth from the year-earlier period’s revenue of ¥35,599 million and operating profit of ¥2,733 million would be a useful benchmark for measuring the plan’s early progress.

For the nine months ended FY2026-Q3, revenue reached ¥112,103 million and operating profit ¥9,125 million, representing progress of approximately 76.2% and 65.8%, respectively, against the full-year forecasts. Operating profit was progressing faster than the proportion of the fiscal year elapsed through the third quarter. In FY2027-Q1, we will assess whether the company can maintain a structure in which profit grows faster than revenue, through price revisions and more efficient store operations, rather than focusing solely on revenue scale. Since profit by category is not disclosed, Q1 results will need to be assessed by combining the source of revenue growth by category with changes in the company-wide operating margin.