Consumer Services

Kourakuen Holdings Corp.

In the news

Ramen chain goes green with pond microbe noodles Aug 20, 2019
Japan's price-conscious consumers turn to foreign rice May 7, 2018
Rising costs begin hitting Japan's budget ramen shops Jan 13, 2018
Japan develops stronger appetite for US rice Jul 25, 2017

Business Summary

Kourakuen Holdings Corp. manages a chain of domestic and overseas ramen restaurants. It operates through the Ramen and Other divisions. The Ramen division offers ramen noodle soup and dumplings. The Other division deals with franchisee recruitment, business guidance, store interior design and construction, kitchen equipment sales, and insurance businesses. The company was founded by Tsukasa Niida on September 22, 1954 and is headquartered in Koriyama, Japan.

Financial Highlights

Mar 2022	JPY	USD
Revenue	25,023.83M	222.68M
Gross Profit	17,975.58M	159.96M
Operating income	-2,045.47M	-18.20M
Income before tax	1,303.04M	11.59M
Net income	374.00M	3.32M
EBITDA	-747.58M	-6.65M
Diluted EPS	24.86	0.22
Dividends Per Share	--	--
Total Assets	14,199.56M	116.98M
Total liabilities	10,592.59M	87.27M
Total equity	3,606.96M	29.71M
Operating cash flow	-203.44M	-1.81M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	38,576.92M	41,268.53M	38,237.70M	26,565.90M	25,023.83M
Gross Profit	27,874.15M	29,556.68M	27,391.92M	18,909.61M	17,975.58M
Operating income	-72.11M	1,636.86M	660.52M	-1,729.87M	-2,045.47M
Income before tax	-3,020.36M	1,461.77M	-449.79M	-1,404.86M	1,303.04M
Net income	-3,225.31M	1,009.28M	-677.40M	-841.67M	374.00M
EBITDA	1,662.13M	2,995.94M	1,958.65M	-510.40M	-747.58M
Diluted EPS	-217.64	67.53	-45.03	-55.99	24.86
Dividends Per Share	5	10	10	0	--
Total Assets	18,044.49M	18,256.40M	15,425.17M	17,272.25M	14,199.56M
Total liabilities	14,237.82M	13,293.63M	11,491.64M	14,108.35M	10,592.59M
Total equity	3,806.67M	4,962.76M	3,933.52M	3,163.90M	3,606.96M
Operating cash flow	1,471.10M	3,019.84M	918.28M	797.09M	-203.44M

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	348.06M	372.14M	351.68M	250.48M	222.68M
Gross Profit	251.49M	266.52M	251.93M	178.29M	159.96M
Operating income	-0.65M	14.76M	6.07M	-16.31M	-18.20M
Income before tax	-27.25M	13.18M	-4.13M	-13.24M	11.59M
Net income	-29.10M	9.10M	-6.23M	-7.93M	3.32M
EBITDA	14.99M	27.01M	18.01M	-4.81M	-6.65M
Diluted EPS	-1.96	0.60	-0.41	-0.52	0.22
Dividends Per Share	0.04	0.09	0.09	0	--
Total Assets	169.67M	164.94M	142.88M	156.31M	116.98M
Total liabilities	133.87M	120.10M	106.44M	127.67M	87.27M
Total equity	35.79M	44.83M	36.43M	28.63M	29.71M
Operating cash flow	13.27M	27.23M	8.44M	7.51M	-1.81M

Valuation Measures

Mar 2022
PER	52.96
ROA	2.37%
ROE	11.04%
Operating margin	-8.17%
Profit margin	1.49%

Key executives

President & Representative Director: Noboru Niida
Manager-Finance & Accounting: Tsuyoshi Matsuki
Director & Manager-Product Development: Tsuyoshi Hoshino
Managing Director & Manager-Internal Audit: Hideo Watanabe
Manager-Data Center: Masahiro Tanikawa

Shareholders

NIIDA FAMILY (13.6%)
Kourakuen Holdings Corp. (8.3%)
Nitto Fuji Flour Milling Co., Ltd. (2.6%)
The Toho Bank, Ltd. (2.3%)
Nomura Asset Management Co., Ltd. (2.2%)
Asahi Group Holdings Ltd. (2.0%)
Asset Management One Co., Ltd. (1.7%)
The Vanguard Group, Inc. (1.6%)
The Daito Bank, Ltd. (1.5%)
Kourakuen Employee Incentive Plan (1.3%)

Contact Details

Website:http://hd.kourakuen.co.jp
Address: 2-1 Kita Kawada, Tamuramachi Kamiyukiai, Koriyama, 963-0724, Japan
Phone: +81.24.943.3351

Related Companies

Kourakuen Holdings Board Benefit Trust
Kourakuen Co., Ltd.
Kourakuen (Thailand) Co., Ltd.
Kourakuen Employee Incentive Plan
Screen KK
Kourakuen Employee Stock Ownership Plan

Competitors

Last Updated on 18 Aug, 2022