Yoshinoya Holdings (Yoshinoya, Hanamaru Udon)

The Japan read

From the company's own filing for H1 (Mar–Aug 2026) · reported 2026-10-08 · the filing ↗

• JapanExisting-store sales rose 6.2% across the group in the half: 6.5% at Yoshinoya and 5.6% at Hanamaru, while its ramen shops slipped to 98.3% of last year. In June–August alone Yoshinoya rose 2.6% and Hanamaru 3.4%, its results presentation shows.
• JapanIts monthly report shows Yoshinoya's existing-store sales up 10.1% in September, on 4.3% more customers and 5.6% higher average spend. For March–August they rose 6.5%, with customers up 1.3% and spend up 5.1%.
• StoresYoshinoya had 1,287 restaurants in Japan at end-August (23 opened, 26 closed), 618 in its new service format; Hanamaru Udon had 426 (10 opened, 2 closed). In-store ordering tablets are in 1,192 Yoshinoya restaurants, with all due by the February year-end.

Other callouts in the filing

• SegmentYoshinoya segment sales rose 9.9% to ¥81.2bn and profit 48.2% to ¥5.49bn; Hanamaru rose 7.3% to ¥18.0bn, profit +1.8%. Overseas, counted for January–June, grew 15.9% to ¥16.0bn with profit up 22.1% to ¥1.06bn across 1,064 outlets.
• OutlookIt raised full-year guidance to net sales of ¥248.0bn (+9.9%), operating profit of ¥10.0bn (+23.6%) and net income of ¥6.0bn (+28.6%), from ¥242.0bn, ¥8.5bn and ¥4.9bn, and lifted its annual dividend forecast to ¥24 from ¥22.
• One-offAfter the half, on 1 September, it took 70% of Kizuki International, a US ramen chain with 17 restaurants centred on Seattle, for ¥3.74bn in cash and shares, plus an earn-out of up to $30m tied to Kizuki's 2029 results.

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.