In the interim period of the fiscal year ending November 2026, Horii Food Service achieved strong sales growth, while steady performance at existing stores and contributions from new formats improved profit margins. The expansion of new formats targeting inbound tourists and the effects of DX initiatives were also significant, resulting in strong progress against the full-year plan.
For the interim period of the fiscal year ending November 2026, sales increased 28.5% year on year to ¥3,056 million, operating profit rose 232.6% to ¥345 million, ordinary profit increased 235.8% to ¥340 million, and interim net income attributable to owners of the parent rose 281.0% to ¥286 million. The results exceeded the forecast revised upward in July. Profit margins also improved, with the operating margin rising from 4.4% to 11.3%, the ordinary profit margin from 4.3% to 11.1%, and the interim net profit margin from 3.2% to 9.4%.
By segment, all three regions, North Kanto, the Tokyo metropolitan area, and Tohoku, reported higher sales and profits. North Kanto recorded sales of ¥1,316 million and segment profit of ¥278 million, the Tokyo metropolitan area recorded sales of ¥1,247 million and segment profit of ¥274 million, and Tohoku recorded sales of ¥468 million and segment profit of ¥125 million. The Kansai area, meanwhile, posted an operating loss for the interim period due to investment in new store openings, although the second location, Kyoto Sanjo, became profitable.
Total assets were ¥3,766 million, liabilities were ¥2,372 million, and net assets were ¥1,393 million, while the equity ratio improved to 35.7%. Cash and deposits declined, but fixed assets increased, mainly in connection with M&A. As financial soundness improves with the higher equity ratio, the company will prioritize repayments in light of the rising interest-rate environment while continuing to invest for growth.