Matsuya Foods Holdings (Matsuya, Matsunoya)

The Japan read

From the company's own filing for Q1 (Apr–Jun 2026) · reported 2026-08-14 · the filing ↗

• JapanExisting-store sales at Matsuya beef-bowl restaurants rose 2.6% in April–June, the company says. Its monthly report shows gains of 8.0% in April and 5.3% in May, then a 4.9% fall in June, when customer numbers dropped 4.5%.
• JapanIn September 2026 (preliminary) Matsuya's existing-store sales slipped 0.6%: customer numbers rose 0.5% but average spend fell 1.1%. For April–September existing-store sales were up 1.6% and sales at all directly run stores up 9.2%.
• StoresIt had 1,595 outlets at end-June including franchises: in Japan 1,197 beef-bowl, 195 tonkatsu, 137 ramen, 22 sushi and 17 others, plus 27 abroad. It opened 21 in the quarter, including 13 beef-bowl and 5 ramen shops, and consolidated a Hong Kong company with four restaurants.

Other callouts in the filing

• BasisSales grew 17.4% on existing stores, new openings and the consolidation of Matsufuji, Matsufuji Foods and the Hong Kong business, the company says.
• One-offOperating profit fell as energy and food costs lifted the cost ratio to 37.4% from 37.2% and pay rises pushed SG&A to 61.2% of sales from 60.6%, the company says. Net income still rose, helped by ¥284m of extraordinary gains, ¥214m of it from selling fixed assets.
• OutlookGuidance is unchanged: for April–September revenue of ¥105.0bn (+19.4%) and operating profit of ¥2.5bn (−11.7%); for the full year revenue of ¥215.0bn (+16.5%), operating profit of ¥8.2bn (+8.0%) and net income of ¥3.8bn (+0.7%).

floortok's reading of the filing, in our own words. Figures are the company's own; where a growth rate is our arithmetic, it says so.