FY2026 Q3 Financial Summary [Japanese GAAP] (Consolidated)

Performance Overview

During the cumulative consolidated period of Q3 FY2026, the foodservice industry saw increased sales driven by improvements in income and employment environment as well as expanding inbound demand. The SRS Holdings Co., Ltd. Group recorded net sales of 56,661 million yen, a 15.1% increase year-over-year, due to sales growth at existing stores plus revenue contributions from M&A and new store openings. Operating income rose 5.0% year-over-year to 2,224 million yen, ordinary income increased 8.3% to 2,209 million yen, and net income attributable to owners of parent for the quarter grew 10.6% to 1,208 million yen. These revenue gains offset cost increases from rising raw material prices and labor costs.

Financial Position and Future Outlook

Total assets were 48,057 million yen, up 2,113 million yen from the prior fiscal year-end, and net assets were 18,248 million yen, an increase of 1,226 million yen. As a change in consolidation scope, Sushi Benkei Co., Ltd. was made a subsidiary to expand the store network of the gourmet sushi chain. There is no revision to the full-year earnings forecast for FY2026, with projected net sales of 76,000 million yen (12.6% YoY increase), operating income of 3,000 million yen (12.0% YoY increase), and net income attributable to owners of parent of 1,600 million yen (72.8% YoY increase). The annual dividend forecast is 10.00 yen, representing an increase over the prior year.