[SRS Holdings] Fiscal Year 2024 Earnings Results | Revenue: JPY 7.64 billion (13.3% increase)

Performance Overview

SRS Holdings achieved revenue of JPY 7,642.1 million (13.3% YoY increase), operating profit of JPY 305.1 million (13.9% increase), and net income of JPY 169.4 million (83.1% increase) for the fiscal year ending March 2024. The steady post-COVID dining demand, increased sales at existing stores, and expansion through new store openings and M&A contributed to these results. The 'SRS VISION 2030' medium-term management plan emphasizes branding and expanding the store network for Japanese cuisine and sushi chains, with ongoing efforts to improve profitability and scale. Despite rising costs and geopolitical uncertainties, the company maintains solid performance.

Future Outlook and Impact on Shareholders

The upcoming fiscal forecasts project revenue of JPY 8,300 million (8.6% YoY increase) and net income of JPY 180 million (83.3% increase). The company will continue to expand inbound demand and open new stores, aiming to increase customer visits through renovations and new product launches. Dividend payments are planned at JPY 10 per share to prioritize shareholder returns. The company will execute growth strategies in line with its medium-term management plan to continuously enhance corporate value.