Yoshinoya Holdings (9861) investor relations material

Executive summary

• Achieved record-high Q1 sales and significant profit growth, with net sales up 12.5% year-over-year to ¥58,771 million, operating profit up 140.8% to ¥2,544 million, and net income up 144.2% to ¥1,814 million.

• Comprehensive income surged to ¥2,122 million from ¥128 million year-over-year.

• Growth was driven by strong same-store sales, net increase in store count, and effective SG&A expense control.

• All segments contributed to revenue and profit growth, with notable performance in Yoshinoya and Hanamaru brands.

Financial highlights

• Gross profit increased to ¥36,694 million from ¥32,732 million year-over-year; SG&A expenses rose by ¥2,474 million year-over-year.

• Ordinary profit reached ¥2,793 million, up from ¥1,241 million year-over-year.

• Basic earnings per share rose to ¥28.03 from ¥11.48 year-over-year.

• Operating cash flow: ¥2,694 million; ending cash balance: ¥24,202 million (up ¥6,456 million from previous year-end).

• Total assets increased to ¥131,829 million as of May 31, 2026, from ¥124,824 million at the previous fiscal year-end.

Outlook and guidance

• Full-year net sales forecast for FY2027 is ¥242,000 million; operating profit forecast is ¥8,500 million; net income forecast is ¥4,900 million.

• Q1 sales progress ratio at 24.3% of full-year target.

• Annual dividend forecast is ¥22.00 per share, unchanged from the previous year.