Yoshinoya Holdings revised upward its earnings forecast for the fiscal year ending February 2027, raising its full-year operating profit forecast to ¥10 billion and its annual dividend to ¥24. Shareholders holding 100 shares or more will receive eight ¥500 vouchers a year, distributed twice a year.
For the interim period of the fiscal year ending February 2027, Yoshinoya Holdings reported revenue of ¥121.4 billion, up 10.0% year on year, and operating profit of ¥5.7 billion, up 30.3%. The increase in customer traffic driven by product initiatives and campaigns, in addition to cost controls and greater operating efficiency, contributed to the results.
The full-year operating profit forecast was raised from ¥8.5 billion to ¥10 billion, while the annual dividend forecast was increased from ¥22 to ¥24.
Shareholders holding 100 shares or more will receive four ¥500 vouchers twice a year. From the perspective of dividend yield, market participants are also focusing on opportunities to use the shareholder benefits.
As for the other major beef bowl chains, Zensho HD forecasts full-year operating profit of ¥102 billion and an annual dividend of ¥80, and shareholders holding 100 shares will receive ¥1,000 worth of meal vouchers twice a year. Matsuya Foods HD reported first-quarter revenue of ¥50.6 billion and operating profit of ¥600 million, and forecasts an annual dividend of ¥26. Shareholders holding 100 shares or more continuously will receive 10 benefit vouchers after 1 year of continuous ownership and 12 vouchers after 3 years.