Kura Sushi (2695) Q2 2025 earnings summary

Executive summary

• Net sales for the six months ended April 30, 2025 rose 1.3% year-over-year to ¥117,625 million, but operating profit dropped 48.5% to ¥2,903 million and profit attributable to owners of parent fell 50.5% to ¥1,955 million.

• Comprehensive income decreased 60.3% year-over-year to ¥1,865 million.

Financial highlights

• Gross profit increased to ¥69,527 million from ¥68,542 million year-over-year, while selling, general and administrative expenses rose to ¥66,624 million from ¥62,906 million.

• Ordinary profit declined 50.1% year-over-year to ¥2,993 million.

• Basic earnings per share for the period was ¥49.19, down from ¥99.35 in the prior year.

• Cash and deposits at period end were ¥25,841 million, up from ¥23,043 million at the previous fiscal year end.

Outlook and guidance

• Full-year net sales forecast for FY2025 is ¥243,000 million, up 3.4% year-over-year, with operating profit expected to decline 12.3% to ¥5,000 million.

• Profit attributable to owners of parent is projected to rise 5.4% to ¥3,400 million for the full year.

• No revisions to previously announced earnings or dividend forecasts.