Consumer Services

Kura Sushi, Inc.

In the news

Kura Sushi USA files for IPO on Nasdaq Jul 4, 2019
Japanese economy showing signs of exiting deflation Jan 2, 2018
Little known rice fixer uses sushi merger to widen empire Oct 15, 2017
Conveyor sushi merger driven by need to bulk up as costs soar Sep 30, 2017
Japan sushi major Sushiro merging to fuel foreign growth Sep 29, 2017

Business Summary

Kura Sushi, Inc. engages in the management of a chain of revolving sushi restaurants. It offers standard sushi and side menu items. The company was founded by Kunihiko Tanaka in May 1977 and is headquartered in Osaka, Japan.

Financial Highlights

Oct 2022	JPY	USD
Revenue	183,053M	1,437.70M
Gross Profit	100,535M	789.60M
Operating income	-1,113M	-8.74M
Income before tax	1,905M	14.96M
Net income	745M	5.85M
EBITDA	6,518M	51.19M
Diluted EPS	18.49	0.14
Dividends Per Share	20	0.15
Total Assets	113,816M	765.74M
Total liabilities	54,847M	369.00M
Total equity	51,046M	343.43M
Operating cash flow	9,944M	78.10M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Oct 2018	Oct 2019	Oct 2020	Oct 2021	Oct 2022
Revenue	132,499M	136,134M	135,835M	147,694M	183,053M
Gross Profit	72,099M	74,502M	74,933M	81,060M	100,535M
Operating income	6,876M	5,476M	351M	-2,415M	-1,113M
Income before tax	7,443M	5,876M	439M	2,923M	1,905M
Net income	5,130M	3,767M	-263M	1,901M	745M
EBITDA	10,526M	9,527M	5,641M	3,854M	6,518M
Diluted EPS	129.91	95.04	-6.62	47.97	18.49
Dividends Per Share	15	20	20	20	20
Total Assets	59,668M	68,944M	87,674M	101,774M	113,816M
Total liabilities	20,391M	21,732M	40,104M	47,116M	54,847M
Total equity	39,275M	44,153M	44,330M	48,592M	51,046M
Operating cash flow	10,209M	8,626M	8,935M	4,738M	9,944M

	Oct 2018	Oct 2019	Oct 2020	Oct 2021	Oct 2022
Revenue	1,199.52M	1,241.81M	1,262.69M	1,365.18M	1,437.70M
Gross Profit	652.72M	679.60M	696.56M	749.26M	789.60M
Operating income	62.24M	49.95M	3.26M	-22.32M	-8.74M
Income before tax	67.38M	53.60M	4.08M	27.01M	14.96M
Net income	46.44M	34.36M	-2.44M	17.57M	5.85M
EBITDA	95.29M	86.90M	52.43M	35.62M	51.19M
Diluted EPS	1.17	0.86	-0.06	0.44	0.14
Dividends Per Share	0.13	0.18	0.18	0.18	0.15
Total Assets	528.71M	637.75M	838.66M	892.55M	765.74M
Total liabilities	180.68M	201.02M	383.62M	413.20M	369.00M
Total equity	348.01M	408.42M	424.04M	426.15M	343.43M
Operating cash flow	92.42M	78.68M	83.05M	43.79M	78.10M

Valuation Measures

Oct 2022
PER	185.66
ROA	0.69%
ROE	1.49%
Operating margin	-0.60%
Profit margin	0.40%

Key executives

President & Representative Director: Kunihiko Tanaka
Director & Vice President: Makoto Tanaka
Director & General Manager-Environmental Business: Setsuko Tanaka
Director & General Manager-Store Development: Yoshito Ito
Managing Director & General Manager-Products: Hiroyuki Hisamune

Shareholders

Walnut Corp. (28.1%)
TANAKA MAKOTO /KURA CORP/ (9.6%)
Trust KK (4.5%)
Kura Sushi, Inc. (3.9%)
Daiwa Asset Management Co. Ltd. (2.0%)
Kura Sushi Employee Stock Ownership Plan (1.9%)
Nomura Asset Management Co., Ltd. (1.7%)
TANAKA KUNIHIKO /KURA/ (1.5%)
Norges Bank Investment Management (1.4%)
Nikko Asset Management Co., Ltd. (1.3%)

Contact Details

Website:http://www.kura-corpo.co.jp
Address: 1-2-2 Fukasaka, Naka-Ku, Osaka, 599-8253, Japan
Phone: +81.72.493.6189

Related Companies

Kura Sushi Restricted Stock Compensation Plan
Kura Sushi USA, Inc.
Kura Sushi Taiwan Co. Ltd.
Kula Sushi USA, Inc.
Enrai KK /Restaurant Ops/
Kura Sushi Employee Stock Ownership Plan

Competitors

Last Updated on 6 Feb, 2023