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Zensho Holdings (7550) investor relations material
Zensho Holdings Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net sales for 1H FY2025 rose 9.9% year-over-year to ¥612.9 billion, driven by strong restaurant and global segment growth, but operating profit declined 1.7% to ¥40.4 billion and net profit fell 6.5% to ¥23.2 billion.
Profit margin declined to 6.6% as higher input costs, especially for rice and imported beef, and inflation impacted results.
Cash flows from operating activities increased 21.8% year-over-year to ¥49.8 billion.
Segment reporting was revised, separating overseas take-out sushi into a new "Global Prepared Food" segment.
Financial highlights
2Q FY2025 sales grew 10.8% year-over-year to ¥322.5 billion; operating profit up 3.4% to ¥24.6 billion.
Gross profit increased to ¥331.8 billion from ¥308.1 billion year-over-year.
Comprehensive income surged to ¥24.5 billion from ¥9.7 billion year-over-year.
Basic earnings per share was ¥143.25, down from ¥153.57 a year earlier.
Free cash flow for 1H FY2025 was ¥6.5 billion.
Outlook and guidance
Medium-term plan forecasts net sales to reach ¥1,481.0 billion by FY2027, a 29.8% increase from FY2024.
Full-year forecast for FY ending March 31, 2026: net sales ¥1,223.5 billion (+7.6%), operating profit ¥82.0 billion (+9.1%), net profit ¥42.5 billion (+8.2%), EPS ¥260.94.
No changes to previously announced forecasts.
All major segments are expected to contribute to growth, with Global Hamasushi and Global Sukiya leading.
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