Food & Life Companies (3563) Q4 2025 earnings summary

Executive summary

• Achieved record-high consolidated revenue of ¥429.6 billion (up 19.0% YoY), EBITDA of ¥52.1 billion, and operating profit of ¥36.1 billion for FY25, surpassing all previously announced forecasts.

• Net profit attributable to owners increased 56.7% to ¥22.9 billion, with EPS rising to ¥202.71.

• Store count reached 1,198 globally, with 43 net new stores added and significant expansion in both domestic and international markets.

• International business now contributes over 30% of total revenue, driven by strong growth in China, Southeast Asia, and new markets like Indonesia and Malaysia.

• Growth was supported by successful marketing campaigns, new store formats, and expansion into new markets.

Financial highlights

• EBITDA increased 38.9% to ¥52.1 billion; operating profit up 54.4% to ¥36.1 billion.

• Net income for the period was ¥22.9 billion, with OP margin rising from 6.5% to 8.4% year-over-year.

• Net income margin improved from 4.1% to 5.3%, and ROE reached 26.9%.

• Total assets increased to ¥398.6 billion, with operating cash flow up to ¥64.4 billion.

• Basic earnings per share increased to ¥202.71 from ¥127.46 year-over-year.

Outlook and guidance

• FY26 revenue forecast raised to ¥485 billion (+12.9% YoY), with operating profit expected at ¥40.5 billion (+12.2% YoY) and OP margin maintained at 8.4%.

• CapEx planned to increase to ¥36.4 billion, with a focus on international expansion and domestic remodeling.

• Dividend per share increased to ¥35.00, to be maintained for FY26.

• Long-term vision targets ¥1 trillion revenue, 10% OP margin, and over 55% international sales ratio by FY2035.

• Targeting 300–320 international stores by FY26, with international sales ratio expected to reach 35%.