Absorbing Inflation and Driving Sustainable Growth
Makoto Tani Chairman and CEO
Takuo Sato President and COO
SKYLARK HOLDINGS CO., LTD.
Thank you very much for your continued support.
We would like to report on our FY2026 Q2 financial results announced on August 13, and our growth strategy going forward.
Financial Summary
H1 Results: Increase in Sales and Profit. On Track Against Full-Year Guidance
- Sales: 242.5 billion yen (+9.7% YoY)
- Business Profit(*1): 17.0 billion yen (+13.4% YoY)
- Operating Profit: 16.9 billion yen (+20.9% YoY)
- Net Income: 10.2 billion yen (+29.2% YoY)
- ROE: 10.2% (+1.2% YoY)
- Same-Store Sales: +11.2 billion yen (106.5% YoY)
- New Stores & Store Conversions: +10.8 billion yen revenue increase
- Offsetting Inflation Impact: Generated 7.8 billion yen to counter 5.8 billion yen in inflation costs (Same-store growth & cost reduction measures: 6.1 billion yen; New stores & conversions: 1.7 billion yen)
(*1) Business Profit: Calculated as Revenue minus Cost of Goods Sold and Selling, General and Administrative Expenses (SG&A). An indicator showing core operational profitability.
Upward Revision of Full-Year Guidance and Dividend Forecast
In light of strong business performance and current operational progress, the revised forecast metrics are as follows:
- Sales: 500.0 billion yen (+10.0 billion yen vs. initial guidance)
- Business Profit: 37.0 billion yen (+1.0 billion yen vs. initial guidance)
- Operating Profit: 35.0 billion yen (+1.5 billion yen vs. initial guidance)
- Net Income: 20.5 billion yen (+1.0 billion yen vs. initial guidance)
- Full-Year Dividend Forecast: 27.00 yen per share (+1.00 yen vs. initial forecast)
Inflation Assumptions
While expected inflation costs increased to 14.5 billion yen, top-line sales growth and cost reductions successfully outweighed full-year cost pressures.
- Q2 inflation impact landed within original expectations.
- Full-year inflation impact is projected to increase by +1.5 billion yen over initial estimates. However, higher revenue and ongoing cost reduction measures will absorb these cost pressures, leading to an upward guidance revision.
Growth Strategy
Continued Focus on Addressing Consumption Polarization
Leveraging the Brand Portfolio
- Optimizing deployment across diverse brand lineups to cater to polarization—customers seeking both "High Added Value / Experience Value" and "Budget Value"—thereby driving both customer count and average check → Countering inflation while enhancing experiential value.
Examples of initiatives at flagship brands:
- Value Response: "Gusto Shokudo" — Satisfying high-volume dining demand.
- High Value / Experiential Response: "Yumean Genghis Khan Fair" — Tabletop grilling experience featuring authentic local flavors.
Strengthening the App Foundation to Drive Growth
- Enhance core user base of approx. 16 million app members: App members demonstrate both higher visit frequency and higher spend per ticket. Leveraging AI to evolve app usability through personalized coupons and automated menu recommendations.
- Drive visit motivation via new ad channels and IP collaborations → Acquiring new customers and converting them into registered members.
- Expand app membership via registration campaigns to solidify the customer base.
Growth Through M&A
Sukesan Udon (Joined the Group in October 2024)
- Domestic: Expanding presence primarily through store conversions. Scaling from 74 stores at acquisition to 110 stores by the end of June 2026.
- Overseas: The first Taiwan location launched in June 2026 is performing exceptionally well. Targeting 3 stores in Taiwan within this fiscal year, with a mid-to-long term goal of 100+ stores.
→ Horizontal expansion into Southeast Asia is also currently under consideration.
Shinpachi Shokudo (Joined the Group in April 2026)
- Leveraging Group synergies and resources to streamline site selection for new locations.
→ Accelerating new openings starting in H2 of this fiscal year through next year.
- 2030 Target: 300+ stores (including overseas) and over 6.0 billion yen in EBITDA.
Proactive Store Rollout
- In H1 2026, completed 21 new store openings, 26 store conversions, and 113 store remodels — progressing according to plan.
- With Shinpachi Shokudo joining the portfolio, new store expansion will accelerate.
With the food and beverage consumption tax reduction expected to take effect in April 2027, a certain impact on dine-in business is anticipated.
To encourage consumers benefiting from this tax reduction to redirect their 7% increase in disposable income toward dining out, we will prepare high-appeal products and menu offerings.
Simultaneously, we will strengthen our "Delivery and Takeout" business to elevate overall Group financial performance and secure steady, sustainable growth.
We kindly ask for your continued support to all our stakeholders.
Makoto Tani Chairman and CEO
Takuo Sato President and COO
SKYLARK HOLDINGS CO., LTD.
August 13, 2026
FY2026 Q2 Skylark Financial Results Presentation Material