[Ichiban-ya] Q1 2027 Earnings Results | Sales of 16.976 billion yen (+7.8%)

Performance Summary

Ichiban-ya recorded net sales of 16.976 billion yen (YoY +7.8%) in the first quarter of the 2027 fiscal year, while operating income declined by 14.3% to 1.085 billion yen, and net income decreased by 21.1% to 728 million yen. Growth in sales was driven by expansion of domestic and overseas subsidiaries and new store openings, but rising costs of ingredients and logistics squeezed profit margins. Same-store sales in Japan increased by 2.5%, customer numbers by 0.5%, and customer spending per person by 1.9%. Overseas, the number of stores decreased to 217, but sales are trending upwards. The company plans to continue balancing new store openings and cost management going forward.

Outlook and Impact on Shareholders

Ichiban-ya maintains its full-year earnings forecast for the 2026 fiscal year and aims to continue increasing sales. However, it plans to respond to rising costs by strengthening promotional activities at existing stores and expanding overseas. The company is considering maintaining or increasing dividends, continuing shareholder returns. With enhanced brand recognition overseas and new store openings, long-term growth prospects remain solid.