Zensho HoldingsZENSHO HOLDINGS CO.,LTD.7550東証プライム小売業FY ending Mar 2026, consolidated, J-GAAP

Zensho Holdings FY ending Mar 2026 results

About 25% of Zensho Holdings's sales come from Global hamazushi, with Global sukiya and Global Prepared Food making up much of the rest.

Out of every ¥100 of sales, about ¥6 is left as operating profit.

Revenue changed +11.2% from the prior year, operating profit +8.4%.

Revenue and profit pattern

Revenue and profit upRevenue grew faster

Revenue +11.2% · profit +8.4%, calculated from disclosed figures.

Operating leverage: 0.75× (profit growth ÷ revenue growth)

What changed from last year

FY ending Mar 2025 → FY ending Mar 2026

Revenue
+11.2%¥1.14T → ¥1.26T
Gross profit
+10.3%¥622.2B → ¥686.4B
Operating income
+8.4%¥75.1B → ¥81.4B
Net income attributable to owners
+16.6%¥39.3B → ¥45.8B
Operating cash flow
+28.1%¥79B → ¥101.2B
Free cash flow
+36.9%¥15.2B → ¥20.8B

Results at a glance

  • Revenue for the FY ending Mar 2026 was ¥1.26T, up +11.2% from ¥1.14T.
  • Operating income grew more slowly, +8.4% to ¥81.4B, while net income attributable to owners rose +16.6% to ¥45.8B.
  • Operating cash flow jumped +28.1% to ¥101.2B, and free cash flow after capital spending came to ¥20.8B (+36.9%).

What drove the change

  • Hama-Sushi opened many new stores and grew same-store sales, lifting both its sales and profit sharply
  • Sukiya cut its beef bowl prices; its sales rose but its operating income fell sharply
  • Higher prices for rice, imported beef and seafood added to costs across the group

Things to watch

  • Geopolitical tension and tariffs could make ingredients harder to get or more expensive
  • A food safety problem, such as foreign objects in food or food poisoning, could damage the brand
  • A tight labor market could leave stores short of staff

Annual Securities Report (44th term) / 経営者による財政状態、経営成績及びキャッシュ・フローの状況の分析 · Annual Securities Report (44th term) / 事業等のリスク

Where the money goes

FY ending Mar 2025 → FY ending Mar 2026

Where ¥100 of sales goes

For every ¥100 Zensho Holdings sells, how much goes where, and how much is kept.

FY ending Mar 2026
Cost of sales
¥46
SG&A
¥48
Operating profit
¥6
Net profit kept
¥4

Annual margin trends

Gross margin54.3%
FY ending Mar 2021: 57.2%57.2%FY ending Mar 2022: 52.8%52.8%FY ending Mar 2023: 53.2%53.2%FY ending Mar 2024: 54.3%54.3%FY ending Mar 2025: 54.7%54.7%FY ending Mar 2026: 54.3%54.3%FY21FY22FY23FY24FY25FY26
Operating margin6.4%
FY ending Mar 2021: 2.0%2.0%FY ending Mar 2022: 1.4%1.4%FY ending Mar 2023: 2.8%2.8%FY ending Mar 2024: 5.6%5.6%FY ending Mar 2025: 6.6%6.6%FY ending Mar 2026: 6.4%6.4%FY21FY22FY23FY24FY25FY26
Net margin3.6%
FY ending Mar 2021: 0.4%0.4%FY ending Mar 2022: 2.1%2.1%FY ending Mar 2023: 1.7%1.7%FY ending Mar 2024: 3.2%3.2%FY ending Mar 2025: 3.5%3.5%FY ending Mar 2026: 3.6%3.6%FY21FY22FY23FY24FY25FY26

Aligned fiscal years compare the shares of revenue remaining as gross, core, and net profit. Missing years are left unconnected.

Which businesses earn the money

Revenue by business segment, and the profit each one keeps.

FY ending Mar 2026

Profit by segment

※ Segment figures include inter-segment sales and do not sum to the company total

Sources

Show source documents (6)
  • EDINET (FSA Japan)

    有価証券報告書-第44期(2025/04/01-2026/03/31)

    ID S100YKA92026-06-25Open
  • EDINET (FSA Japan)

    有価証券報告書-第43期(2024/04/01-2025/03/31)

    ID S100W4UE2025-06-30Open
  • EDINET (FSA Japan)

    有価証券報告書-第42期(2023/04/01-2024/03/31)

    ID S100TUZ52024-06-28Open
  • EDINET (FSA Japan)

    有価証券報告書-第41期(2022/04/01-2023/03/31)

    ID S100R2MZ2023-06-26Open
  • EDINET (FSA Japan)

    有価証券報告書-第40期(令和3年4月1日-令和4年3月31日)

    ID S100OFPL2022-06-27Open
  • EDINET (FSA Japan)

    有価証券報告書-第39期(令和2年4月1日-令和3年3月31日)

    ID S100LRVI2021-06-28Open

Extracted from XBRL: 53 / Derived from other figures: 2

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