Zensho (7550) Q3 2025 earnings summary

Executive summary

• Net sales for the nine months ended December 31, 2024, rose 19.8% year-over-year to 846,760 million yen, with operating profit up 55.2% to 58,094 million yen and profit attributable to owners of parent up 56.3% to 34,102 million yen.

• Growth was driven by increased demand in the restaurant industry, supported by recovery in foot traffic and normalization of economic activity, despite higher input costs from global events and commodity inflation.

• The number of restaurants and stores reached 15,370, with 733 openings and 472 closures during the period.

Financial highlights

• Gross profit for the nine months was 464,174 million yen, up from 382,944 million yen year-over-year.

• Ordinary profit increased 55.9% year-over-year to 55,246 million yen.

• Basic earnings per share rose to 209.89 yen from 141.10 yen year-over-year.

• Comprehensive income surged 97.9% to 45,097 million yen.

• Total assets grew to 827,597 million yen, with net assets at 248,142 million yen and a shareholders' equity ratio of 29.9%.

Outlook and guidance

• Full-year net sales forecast is 1,080,000 million yen (up 11.8%), with operating profit of 62,500 million yen (up 16.4%) and profit attributable to owners of parent of 37,000 million yen (up 20.5%).

• No changes to previously announced consolidated business performance forecasts.