Ichibanya (7630) Investor presentation summary

Business profile

• FY2026 consolidated sales ¥65.518bn and operating profit ¥4.715bn; 1,503 stores at February 2026, including 167 directly operated, 1,118 domestic franchise and 218 overseas stores.

• FY2026 sales comprised ¥47.507bn from domestic operations, ¥11.468bn from overseas operations, ¥4.915bn from domestic subsidiaries and affiliates, and ¥455m from external sales.

Domestic business model

• Domestic CoCo Ichibanya stores were 90.2% franchised and 9.8% directly operated at February 2026; the Bloom System prepares employees for franchise ownership after 2–5 years of training.

• The Bloom System had 527 franchise owners; no royalty is charged after independence, while the franchisor sells franchisees ingredients, supplies and equipment.

• Customizable curry offers more than 1.2bn combinations across curry base, spice level, rice portion and toppings.

• Domestic production includes curry sauce, fried toppings and hydroponic salad vegetables; Tochigi makes ~80% of domestic-store curry sauce and Saga makes ~20%.

Overseas business

• Overseas operations spanned 12 countries and regions with 218 stores at February 2026; Thailand had 45 stores, Taiwan 43 and South Korea 40.

• International growth relies on subsidiaries, affiliates and local franchise partners; standalone revenue includes royalties and product sales.

• Overseas menus and store designs are adapted to local food cultures, with curry positioned as a Japanese dining experience and meat-derived ingredients excluded in some markets.