Genki Global Dining Concepts (9828) Q2 2027 earnings summary

Executive summary

• H1 FY2027 net sales rose 42.2% YoY to ¥50,059m and total system sales increased 33.1% to ¥90,211m; operating profit fell 6.0% to ¥2,921m amid one-time acquisition costs and higher goodwill amortization.

• Profit attributable to owners of parent declined 25.7% to ¥1,564m; EPS decreased to ¥88.57 from ¥119.27.

• Store count reached 644 across 15 countries and regions, including 211 net additional stores YoY.

Financial highlights

• Gross profit increased to ¥25,447m from ¥20,497m; SG&A rose to ¥22,526m from ¥17,388m.

• Ordinary profit fell 17.7% to ¥2,701m; comprehensive income was ¥1,497m, down from ¥2,100m.

• EBITDA increased ¥473m YoY to ¥4,525m.

• Net cash provided by operating activities was ¥1,842m, compared with ¥2,222m in the prior-year period.

Segment performance

• Domestic net sales rose 11.0% to ¥34,233m; operating profit increased 4.6% to ¥2,382m.

• Global net sales rose 78.0% to ¥7,791m; operating profit fell 64.7% to ¥323m, including one-time costs.

• Other net sales were ¥8,035m and operating profit was ¥215m, up ¥300m, following consolidation of GODAK MARKETING CORP. and Kobe Marukan.

• Total system sales increased 33.1% to ¥90,211m; domestic business sales rose 11.0% and global business sales 29.8%.