Genki Global Dining Concepts (9828) Q1 2026 earnings summary

Executive summary

• Revenue increased 5.7% year-over-year to ¥17,242 million, but operating profit fell 18.2% and net profit attributable to shareholders declined 14.3% due to higher rice prices and cost pressures.

• Domestic business saw higher sales from increased customer traffic and unit price, but segment profit dropped 21.7% due to raw material cost inflation.

• Global business revenue decreased 7.6% year-over-year, with segment profit down 9.7%, impacted by yen appreciation and lower US subsidiary sales.

Financial highlights

• Consolidated operating profit: ¥1,483 million (down 18.2% year-over-year).

• Net income attributable to shareholders: ¥1,044 million (down 14.3% year-over-year).

• Gross margin improved slightly, but higher SG&A expenses offset gains.

• Total assets at quarter-end: ¥32,442 million; equity ratio improved to 53.4%.

• Cash and equivalents decreased by ¥1,710 million from previous year-end, ending at ¥10,241 million.

Outlook and guidance

• Full-year guidance unchanged: revenue forecast at ¥72,300 million (+7.2%), operating profit ¥7,000 million (+3.1%), net profit ¥4,800 million (–3.2%).

• Company expects rice price pressures to ease and yen depreciation to support earnings in the second half.

• Focus remains on sales promotion, high-value product launches, and new store openings to drive growth.