Yossix Holdings Co., Ltd.
3221・Prime Market・Retail Trade
Food & Beverage Business
Operation of izakaya (Japanese pub) chains centered on Yataizushi is the core source of revenue
| Period | Current | Previous | Change |
|---|---|---|---|
| Revenue (full year) | ¥25,914 million | ¥22,905 million | ↑ |
| Operating profit (full year) | ¥2,995 million | ¥2,328 million | ↑ |
| Ordinary profit (full year) | ¥3,283 million | ¥2,558 million | ↑ |
| Profit attributable to owners of parent (full year) | ¥2,025 million | ¥1,758 million | ↑ |
| Operating profit margin | 11.6% | 10.2% | ↑ |
| Total number of stores (period-end, including franchises) | 401 stores | 382 stores (estimate) | ↑ |
| Yataizushi format revenue (full year) | ¥23,711 million | － | ↑ |
| Number of Yataizushi stores (period-end, including franchises) | 363 stores | － | ↑ |
| Number of new store openings (full year) | 28 stores | － | ↑ |
| Number of store closures (full year) | 9 stores | － | — |
| Earnings per share | ¥197.68 | ¥172.19 | ↑ |
Business Details
The sole reportable segment of Yoshix Holdings, which operates izakaya chains through directly-operated and franchise stores. The core format, "Yataizushi," accounts for 90.5% of total store count and generates the majority of revenue. The company's store opening strategy avoids prime locations in front of train stations, instead targeting 1.5- to 2nd-tier locations to hold down fixed costs, and works in collaboration with the Group's Construction & Interior Business to suppress initial costs and accelerate investment payback. The area of store openings is expanding nationwide, from Hokkaido to Kagoshima.
Recent Overview
Achieved a substantial increase in both revenue (up 13.1%) and operating profit (up 28.6%) for the full year
In FY2026 (ending March 2026), the company achieved revenue of ¥25,914 million (up 13.1% year on year) and operating profit of ¥2,995 million (up 28.6% year on year), a substantial increase in both revenue and profit. With 28 new store openings and 9 closures, the period-end total store count expanded to 401. "Yataizushi" opened its first stores in Toyama, Akita, Iwate, and Hokkaido, developing new areas. In July 2025, the company acquired the Ebidote Shokudo food and beverage business, expanding the breadth of its format portfolio. For FY2027 (ending March 2027), the company forecasts revenue of ¥28,549 million (up 10.2% year on year) and operating profit of ¥3,128 million (up 4.4% year on year).
Key Products
Growth Drivers
- Expansion of revenue scale through continued new store openings of the "Yataizushi" format (20 stores opened during the period, 363 stores at period-end)
- Development of new trading areas through geographic expansion into new areas such as Hokkaido, Tohoku, and Hokuriku
- Acquisition of new customers near "Yataizushi" locations through expansion of the "Hitokuchi Gyoza no Itadaki" format (6 stores opened during the period, 15 stores at period-end)
- Expansion of the format portfolio and enhancement of overall Group value through the acquisition of the "Ebidote Shokudo" business
- Increased inbound demand serving as a tailwind for the restaurant industry as a whole
- Suppression of initial costs and acceleration of investment payback through collaboration with the Group's Construction & Interior Business
- Expansion of non-operating income through increased sponsorship income (from ¥194 million in the prior period to ¥248 million in the current period)
Risks
- Risk of rising cost ratios due to soaring raw material and food ingredient prices (fuel price increases, inflation)
- Risk of difficulty in hiring and rising labor costs due to labor shortages
- Adverse impact on personal consumption from economic downside risks such as US tariff policy
- Uncertainty in securing properties suited to new store opening plans
- Risk of deteriorating profitability at existing stores, as indicated by an increase in impairment losses (from ¥79 million in the prior period to ¥254 million in the current period)
- Risk of deteriorating profitability in certain formats, such as "Nipachi"
- Risk of economic downturn due to a global surge in energy and food prices and sharp foreign exchange fluctuations
Last updated: June 23, 2026