# KAN-NANMARU CORPORATION: business model and financials

> Latest period: FY ending Jun 2026, non-consolidated, J-GAAP
> Unit: JPY millions
> Sources: 有価証券報告書－第49期(2025/07/01－2026/06/30) (S100Z46T)
> Page: https://vizora.meequs.com/en/company/kan-nanmaru
> Retrieved: 2026-09-30T22:12:53.753Z

## Company

Kan-Nanmaru, founded in 1982, is a company in Amusement Centers & Karaoke listed on TSE Standard. It has 104 employees (consolidated).

| Field | Value |
| --- | ---: |
| Legal name | KAN-NANMARU CORPORATION |
| Ticker | 7585 |
| Stock price | View on Yahoo Finance (https://finance.yahoo.co.jp/quote/7585.T) |
| Listing | TSE Standard |
| Head office | 埼玉県さいたま市浦和区北浦和四丁目1番1号 |
| Representative (per filing) | 代表取締役社長 野々村 孝志 |
| Founded | May 1982 |
| Share capital | ¥50M |
| Employees (consolidated) | 104 |
| Average salary (parent only) | ¥3.9M |
| Fiscal year end | June |
| Website | www.kannanmaru.co.jp (https://www.kannanmaru.co.jp/) |
| Corporate number | 6030001001831 |
| EDINET | E03306 |
| Industries (Vizora) | Amusement Centers & Karaoke, Sporting Goods & Fitness, Restaurants & Pubs |

> Profile source: annual securities report (S100Z46T, filed 2026-09-25). As of filing

## Five-axis industry profile

Primary industry: Restaurants & Pubs (2026-06-30)

| Axis | Industry percentile | Peers |
| --- | ---: | ---: |
| Revenue growth | 43.8 | 56 |
| Profitability | 6.8 | 66 |
| Efficiency | 37.1 | 66 |

Each axis is shown independently. Missing values are labeled unavailable; no combined score is calculated. Industry rank is not an investment recommendation.

## Key points (generated from figures)

- About 98% of Kan-Nanmaru's sales come from INSHOKUJIGYOU, with Other making up much of the rest.
- It lost about ¥6 for every ¥100 of sales at the operating level.
- Revenue changed +0.6% from the prior year.

## Key figures at a glance

| Metric | Value | Note |
| --- | ---: | ---: |
| Revenue | ¥1.88B |  |
| Operating income | -¥108.3M | Margin -5.8% |
| Net income | -¥189.2M | Margin -10.1% |
| Free cash flow | -¥122.6M |  |
| Largest business | INSHOKUJIGYOU | of segment revenue 97.9% |
| Employees (consolidated) | 104 |  |
| EPS | ¥-49.64 |  |
| Book value per share | ¥62.28 |  |
| Equity ratio | 17.3% |  |
| Shares outstanding | 4,351,308 |  |
| Treasury shares | 539,800 |  |
| Shareholders | 5,404 |  |
| Average salary (parent only) | ¥3.9M | Filing company only |
| Cash ratio | 23.1% | Cash ÷ revenue 16.8% |
| Vs. industry median margin | -9.7 pp | Restaurants & Pubs |
| ROA | -13.0% | Derived from disclosed figures |

## Notable figures

- FY2026, one segment accounts for 100% of positive segment profit

## What changed in 4 years

Currency or consolidation scope differs; percentage changes are omitted.

| Metric | FY ending Jun 2022 | FY ending Jun 2026 | Change |
| --- | ---: | ---: | ---: |
| Revenue | ¥596160000 | ¥1882212000 | — |
| Operating income | ¥-558971000 | ¥-108346000 | — |
| Operating margin | -93.8% | -5.8% | +88 pp |
| Employees | 90 people | 104 people | — |
| Cash and equivalents | ¥639190000 | ¥315753000 | — |

### Change in segment revenue mix

Span: FY ending Jun 2022 → FY ending Jun 2026. Stable segment keys are connected; unmatched shares are marked as new or reorganized. Shares use total segment revenue.

| Flow | Revenue share |
| --- | ---: |
| 新設・再編 → 料理飲食事業 | 97.9% |
| 新設・再編 → その他 | 2.1% |

Segment revenue source references: 2 (derived)

## Income statement（FY ending Jun 2026, non-consolidated, J-GAAP）

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Revenue | 1,882 | 100.0% | S100Z46T |
| Cost of revenue | 581 | 30.9% | S100Z46T |
| Gross profit | 1,301 | 69.1% | S100Z46T |
| SG&A | 1,409 | 74.9% | S100Z46T |
| Operating income | -108 | -5.8% | S100Z46T |
| Ordinary income | -108 | -5.7% | S100Z46T |
| Pretax income | -185 | -9.8% | S100Z46T |
| Income tax | 4 | 0.2% | S100Z46T |
| Net income | -189 | -10.1% | S100Z46T |

## Per ¥100 of revenue（FY ending Jun 2026）

| Part | JPY |
| --- | ---: |
| Cost of revenue | 31 |
| SG&A | 75 |
| Operating income | -6 |
| (Ref.) Net income | -10 |

### Margin funnel

Gross margin 69.1% → Operating margin -5.8% → Net margin -10.1%
Derived from reported figures (DERIVED).

## Year over year（FY ending Jun 2025 → FY ending Jun 2026、JPY mn）

| Metric | Prior | Current | Change | % change |
| --- | ---: | ---: | ---: | ---: |
| Revenue | 1,872 | 1,882 | 11 | +0.6% |
| Gross profit | 1,296 | 1,301 | 5 | +0.4% |
| Operating income | -140 | -108 | 32 | — |
| Operating cash flow | -53 | -78 | -25 | — |
| Free cash flow | -168 | -123 | 45 | — |

## History（JPY mn）

| Period | Revenue | Op. income | Op. margin | Net income | Op. CF | FCF | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| FY ending Jun 2020 | 2,317 | -327 | -14.1% | -628 | -543 | -625 | S100MHFL |
| FY ending Jun 2021 | 733 | -1,034 | -141.1% | -505 | -450 | -473 | S100P8HI |
| FY ending Jun 2022 | 596 | -559 | -93.8% | -9 | 117 | — | S100RWS1 |
| FY ending Jun 2022 | 665 | -588 | -88.4% | -9 | 117 | 28 | S100P8HI |
| FY ending Jun 2023 | 1,336 | -344 | -25.7% | -296 | -223 | -293 | S100UEWH |
| FY ending Jun 2024 | 1,650 | -181 | -11.0% | -207 | -89 | -359 | S100WR5V |
| FY ending Jun 2025 | 1,872 | -140 | -7.5% | -219 | -53 | -168 | S100Z46T |
| FY ending Jun 2026 | 1,882 | -108 | -5.8% | -189 | -78 | -123 | S100Z46T |

## People and productivity（FY ending Jun 2026, non-consolidated, J-GAAP）

| Metric | Value |
| --- | ---: |
| Revenue per employee (consolidated) | ¥18.1M |
| Operating income per employee (consolidated) | -¥1M |
| Net income per employee (consolidated) | -¥1.8M |

Employees, revenue and profit are consolidated. Average annual salary is a separate parent-company figure. Calculated from disclosed figures (DERIVED).

| History | FY ending Jun 2022 | FY ending Jun 2023 | FY ending Jun 2024 | FY ending Jun 2025 | FY ending Jun 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Employees (consolidated) | 106 | 106 | 115 | 108 | 104 |
| Average salary (parent company) | ¥3.1M | ¥3.6M | ¥3.6M | ¥3.7M | ¥3.9M |
| Average age (parent company) | 48.0 years | 48.7 years | 45.9 years | 47.5 years | 47.1 years |
| Average tenure (parent company) | 10.4 years | 11.1 years | 10.2 years | 11.2 years | 11.3 years |

Year over year: Employees (consolidated) -3.7% · Revenue (consolidated) +0.6%

## Segments（FY ending Jun 2026, non-consolidated, J-GAAP、JPY mn）

| Segment | Revenue | Share | Op. income | Op. margin |
| --- | ---: | ---: | ---: | ---: |
| INSHOKUJIGYOU | 1,843 | 97.9% | 106 | 5.7% |
| Other | 39 | 2.1% | -10 | -24.6% |

### segmentMix — Revenue and profit mix

Calculated from disclosed figures (DERIVED). Shares use total segment revenue and total positive segment profit respectively. Difference = profit share − revenue share (pt). Inter-segment sales may prevent reconciliation to company revenue.

| Segment | Revenue share | Profit share | Difference (pt) | Margin |
| --- | ---: | ---: | ---: | ---: |
| INSHOKUJIGYOU | 97.9% | 100.0% | 2.1 | 5.7% |
| Other | 2.1% | — | — | -24.6% |

Loss-making segment (excluded from profit shares): Other -10 JPY mn

Segment → industry: Other → Amusement Centers & Karaoke / Other → Sporting Goods & Fitness / INSHOKUJIGYOU → Restaurants & Pubs

## Revenue by geography

No geographic revenue breakdown was disclosed.

## Cash flow（FY ending Jun 2026, non-consolidated, J-GAAP）

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Operating cash flow | -78 | -4.1% | S100Z46T |
| Capital expenditure | 45 | 2.4% | S100Z46T |
| Free cash flow | -123 | -6.5% | 算出 |
| Investing cash flow | -52 | -2.8% | S100Z46T |
| Financing cash flow | 79 | 4.2% | S100Z46T |
| Dividends paid | 0 | 0.0% | S100Z46T |
| Change in cash | -51 | -2.7% | S100Z46T |
| Cash and equivalents | 316 | 16.8% | S100Z46T |

## Balance sheet

Figures are as of each fiscal year end. Derived values are marked as such in the source column. Lease liabilities are excluded from interest-bearing debt.

| Metric | FY ending Jun 2022 | FY ending Jun 2023 | FY ending Jun 2024 | FY ending Jun 2025 | FY ending Jun 2026 | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | 648 | 708 | 567 | 367 | 316 | S100P8HI, S100WR5V, S100Z46T |
| Total assets | 1,840 | 1,682 | 1,783 | 1,540 | 1,369 | S100P8HI, S100UEWH, S100WR5V, S100Z46T |
| Net assets | 1,170 | 855 | 650 | 426 | 237 | S100P8HI, S100WR5V, S100Z46T |
| Share capital | 50 | 50 | 50 | 50 | 50 | S100P8HI, S100UEWH, S100WR5V, S100Z46T |
| Property, plant and equipment | 490 | 515 | 700 | 677 | 554 | S100P8HI, S100UEWH, S100WR5V, S100Z46T |
| Intangible assets excluding goodwill | 13 | 13 | 13 | 14 | 14 | S100P8HI, S100UEWH, S100WR5V, S100Z46T |
| Investment securities | 29 | 31 | 34 | 18 | 19 | S100P8HI, S100UEWH, S100WR5V, S100Z46T |
| Current assets | 1,037 | 885 | 798 | 602 | 551 | S100P8HI, S100UEWH, S100WR5V, S100Z46T |
| Current liabilities | 243 | 241 | 388 | 394 | 416 | S100P8HI, S100UEWH, S100WR5V, S100Z46T |
| Short-term borrowings | — | — | 100 | 100 | 150 | S100WR5V, S100Z46T |
| Long-term borrowings | 322 | 486 | 645 | 594 | 588 | S100P8HI, S100UEWH, S100WR5V, S100Z46T |
| Total liabilities | 669 | 827 | 1,133 | 1,114 | 1,132 | S100P8HI, S100UEWH, S100WR5V, S100Z46T |
| Equity attributable to owners of parent | 1,164 | 847 | 640 | 421 | 232 | S100P8HI, S100UEWH, S100WR5V, S100Z46T |
| Retained earnings | 1,423 | 1,105 | 899 | 680 | 491 | S100P8HI, S100UEWH, S100WR5V, S100Z46T |
| Treasury stock | -622 | -622 | -622 | -622 | -622 | S100P8HI, S100UEWH, S100WR5V, S100Z46T |

### Assets and funding mix

| Assets | Share | Source |
| --- | ---: | ---: |
| Cash | 23% | S100Z46T |
| Property, plant and equipment | 41% | S100Z46T |
| Intangibles and goodwill | 1% | S100Z46T |
| Investment securities | 1% | S100Z46T |
| Other assets | 34% | S100Z46T |

| Funding source | Share | Source |
| --- | ---: | ---: |
| Other liabilities | 83% | S100Z46T |
| Equity | 17% | S100Z46T |

### Balance sheet history

| Metric | FY ending Jun 2022 | FY ending Jun 2023 | FY ending Jun 2024 | FY ending Jun 2025 | FY ending Jun 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Total assets | 1,840 | 1,682 | 1,783 | 1,540 | 1,369 |
| Equity | 1,170 | 855 | 650 | 426 | 237 |
| Interest-bearing debt | — | — | — | — | — |
| Cash | 648 | 708 | 567 | 367 | 316 |

## Asset intensity and goodwill

Ratios are derived from reported values. Goodwill is used only when separately reported, never inferred from combined intangible assets.

| Metric | Value | Sources |
| --- | ---: | ---: |
| Asset intensity (fixed assets ÷ revenue) | 29.5% | S100Z46T |
| Fixed assets ÷ total assets | 40.5% | S100Z46T |
| Goodwill ÷ parent equity | — | —, S100Z46T |

### Cash quality

Net cash = cash − interest-bearing debt. Net debt ratio = (interest-bearing debt − cash) ÷ positive operating cash flow. Omit when debt components are incomplete; other ratios are derived from reported figures.

| Metric | Value |
| --- | ---: |
| Cash ratio (cash ÷ total assets) | 23.1% |
| Cash ÷ revenue | 16.8% |
| Net cash (cash − interest-bearing debt) | — |
| Net debt ÷ operating cash flow | — |
| Cash conversion (operating CF ÷ operating income) | — |
| Cash vs. profit gap | 111 JPY mn |
| Shareholder returns / net income | — |
| Shareholder returns / FCF | — |
| Shareholder payments — dividends / net income | — |
| Shareholder payments — dividends / FCF | — |
| CapEx intensity (capex ÷ revenue) | 2.4% |
| Investing CF relative to operating CF | — |

## ROA and ROE

ROE is decomposed into net margin × asset turnover × financial leverage. Leverage can raise ROE, so the ratio alone does not assess a company's condition. Ending balances are used without a prior year; total equity approximates parent equity when unavailable.

| Period | Net margin | Asset turnover | ROA | Financial leverage | ROE | Sources |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| 2022 | — | —× | -0.5% | —× | — | S100P8HI |
| 2023 | — | —× | -17.6% | —× | — | S100UEWH |
| 2024 | — | —× | -11.9% | —× | — | S100WR5V |
| 2025 | — | —× | -13.2% | —× | — | S100Z46T |
| 2026 | — | —× | -13.0% | —× | — | S100Z46T |

## Ownership

| Counterparty | Relation | Ratio | As of |
| --- | ---: | ---: | ---: |
| 佐藤 榮治 | Major shareholder | 33.6% | 2026-06-30 |
| 有限会社群青 | Major shareholder | 10.5% | 2026-06-30 |
| サントリー株式会社 | Major shareholder | 2.2% | 2026-06-30 |
| 小室 和成 | Major shareholder | 2.1% | 2026-06-30 |
| かんなん丸従業員持株会 | Major shareholder | 1.3% | 2026-06-30 |
| 北 薫 | Major shareholder | 1.2% | 2026-06-30 |
| 若杉 精三郎 | Major shareholder | 0.9% | 2026-06-30 |
| 三石 修二 | Major shareholder | 0.7% | 2026-06-30 |
| 小田桐 輝 | Major shareholder | 0.6% | 2026-06-30 |
| 佐藤 立樹 | Major shareholder | 0.6% | 2026-06-30 |

## Sources

| Document | ID | Published | URL |
| --- | ---: | ---: | ---: |
| 有価証券報告書－第49期(2025/07/01－2026/06/30) | S100Z46T | 2026-09-25 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100Z46T,, |
| 有価証券報告書－第48期(2024/07/01－2025/06/30) | S100WR5V | 2025-09-25 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100WR5V,, |
| 有価証券報告書－第47期(2023/07/01－2024/06/30) | S100UEWH | 2024-09-24 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100UEWH,, |
| 有価証券報告書－第46期(2022/07/01－2023/06/30) | S100RWS1 | 2023-09-26 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100RWS1,, |
| 有価証券報告書－第45期(令和3年7月1日－令和4年6月30日) | S100P8HI | 2022-09-26 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100P8HI,, |
| 有価証券報告書－第44期(令和2年7月1日－令和3年6月30日) | S100MHFL | 2021-09-24 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100MHFL,, |

## Definitions

- Amounts are in millions of JPY (rounded). The period is stated in each table heading
- Operating margin = operating income ÷ revenue. Net income is attributable to owners of the parent when disclosed
- Free cash flow (FCF) = operating cash flow − capital expenditure
- ¥100 model = breakdown per ¥100 of revenue (rounded so parts sum to 100)
- Segment revenues include inter-segment sales and may not sum to consolidated revenue
- Source IDs are EDINET document IDs (docID). "算出" (derived) means computed from other disclosed values
- All figures are extracted mechanically from filings. AI-written text never generates figures
- Source: company filings submitted to EDINET (Financial Services Agency of Japan). Figures were extracted, edited and processed, and charts and text were created, by Vizora — not by the FSA (used under the Public Data License v1.0).