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Consumer Services

Watami Co., Ltd.

Business Summary

Watami Co., Ltd. is a holding company which engages in the operation of restaurants. It operates through the following business segments: Domestic Restaurant, Home Delivery, Overseas Restaurant, Environment, and Agriculture. The Domestic Restaurant segment manages and operates restaurants and franchises. The Home Delivery segment handles home delivery, grocery material sets, and cooked food production. The Overseas Restaurant segment manages the expansion of the franchise overseas. The Environment segment includes waste management; operation of renewable energy facilities; and sale of renewable energy. The Agriculture segment produces, sells, and delivers agricultural products. The company was founded by Miki Watanabe on April 16, 1984 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2022 JPYUSD
Revenue64,362M572.75M
Gross Profit32,964M293.34M
Operating income-3,578M-31.84M
Income before tax-1,549M-13.78M
Net income-1,844M-16.40M
EBITDA-1,372M-12.20M
Diluted EPS-45.48-0.40
Dividends Per Share00
Total Assets52,223M430.26M
Total liabilities37,587M309.67M
Total equity14,475M119.25M
Operating cash flow1,019M9.06M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 96,458M 94,701M 90,928M 60,852M 64,362M
Gross Profit 53,061M 52,594M 51,133M 29,576M 32,964M
Operating income 658M 1,063M 92M -9,690M -3,578M
Income before tax 617M 1,050M -1,652M -11,252M -1,549M
Net income 151M 1,373M -2,946M -11,560M -1,844M
EBITDA 3,846M 3,999M 3,086M -7,295M -1,372M
Diluted EPS 3.82 35.03 -74.88 -292.66 -45.48
Dividends Per Share 7.50 7.50 2.50 0 0
Total Assets 40,805M 40,273M 41,763M 44,893M 52,223M
Total liabilities 24,376M 22,944M 27,280M 41,495M 37,587M
Total equity 16,349M 17,302M 14,343M 3,237M 14,475M
Operating cash flow 5,221M 4,104M 534M -4,320M 1,019M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 870.30M 853.97M 836.30M 573.76M 572.75M
Gross Profit 478.74M 474.26M 470.29M 278.86M 293.34M
Operating income 5.93M 9.58M 0.84M -91.36M -31.84M
Income before tax 5.56M 9.46M -15.19M -106.09M -13.78M
Net income 1.36M 12.38M -27.09M -108.99M -16.40M
EBITDA 34.70M 36.06M 28.38M -68.78M -12.20M
Diluted EPS 0.03 0.31 -0.68 -2.75 -0.40
Dividends Per Share 0.06 0.06 0.02 0 0
Total Assets 383.68M 363.85M 386.85M 406.27M 430.26M
Total liabilities 229.20M 207.29M 252.69M 375.52M 309.67M
Total equity 153.72M 156.31M 132.86M 29.29M 119.25M
Operating cash flow 47.10M 37.00M 4.91M -40.73M 9.06M

Valuation Measures

Mar 2022
PER--
ROA-3.79%
ROE-20.82%
Operating margin-5.55%
Profit margin-2.86%

Key executives

  • Chairman & Group Chief Executive Officer: Miki Watanabe
  • President, COO & Representative Director: Kuniaki Shimizu
  • CFO, Director & Senior Executive Officer: Masaya Watanabe
  • Executive Officer: Minoru Monji
  • Executive Officer, General Manager-TGI & TEX Sales: Daisuke Suzuki

Shareholders

  • WATANABE MIKI /WATAMI/ (26.8%)
  • Kotobuki Realty Co., Ltd. (9.7%)
  • Asahi Group Holdings Ltd. (5.0%)
  • Watami Co., Ltd. (4.6%)
  • Nomura Asset Management Co., Ltd. (1.8%)
  • Concordia Financial Group, Ltd. (1.5%)
  • Watami Employee Stock Ownership Plan (1.3%)
  • The Vanguard Group, Inc. (1.1%)
  • Sompo Holdings, Inc. (1.0%)
  • Meiji Yasuda Life Insurance Co. (0.8%)

Contact Details

Related Companies

  • i-NEXT KK
  • Watami Restricted Stock Compensation Plan
  • Watami Farm & Energy KK
  • Watami F&B (Shenzhen) Co., Ltd.
  • Watami USA Guam
  • Delis Watami Cambodia Co. Ltd.
  • Watami Food Systems Co., Ltd.
  • GNS Watami Food & Beverage Service Co. Ltd.
  • Watami Taiwan Co. Ltd.
  • Watami Shenzhen Co. Ltd.
  • Watami Co. Ltd. /Nursing Care Business/
  • Watami International Co., Ltd.
  • Watami Merchandising Co., Ltd.
  • Watami Foodservice Co., Ltd.
  • Watamino Kaigo KK
  • Watami Ecology Co. Ltd.
  • Takusyoku KK
  • R No Kaigo, Inc.
  • Watami Takushoku Co., Ltd.
  • Watami Medical Service Co. Ltd.
  • Tohma Green Life, Inc.
  • Career Vision Co., Ltd.
  • Watami Employee Stock Ownership Plan

Competitors

    Last Updated on 12 Aug, 2022

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