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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 2020 JPYUSD
Revenue90,928M836.30M
Gross Profit51,133M470.29M
Operating income92M0.84M
Income before tax-1,652M-15.19M
Net income-2,946M-27.09M
EBITDA3,086M28.38M
Diluted EPS-74.88-0.68
Dividends Per Share2.500.02
Total Assets41,763M386.85M
Total liabilities27,280M252.69M
Total equity14,343M132.86M
Operating cash flow534M4.91M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 128,246M 100,312M 96,458M 94,701M 90,928M
Gross Profit 61,183M 56,228M 53,061M 52,594M 51,133M
Operating income -290M 183M 658M 1,063M 92M
Income before tax 10,070M -1,468M 617M 1,050M -1,652M
Net income 7,810M -1,833M 151M 1,373M -2,946M
EBITDA 7,698M 3,925M 3,846M 3,999M 3,086M
Diluted EPS 209.14 -46.89 3.82 35.03 -74.88
Dividends Per Share 10 5 7.50 7.50 2.50
Total Assets 50,767M 41,129M 40,805M 40,273M 41,763M
Total liabilities 31,668M 24,222M 24,376M 22,944M 27,280M
Total equity 19,062M 16,847M 16,349M 17,302M 14,343M
Operating cash flow 2,701M 3,042M 5,221M 4,104M 534M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 1,067.96M 926.34M 870.30M 853.97M 836.30M
Gross Profit 509.50M 519.24M 478.74M 474.26M 470.29M
Operating income -2.41M 1.68M 5.93M 9.58M 0.84M
Income before tax 83.85M -13.55M 5.56M 9.46M -15.19M
Net income 65.03M -16.92M 1.36M 12.38M -27.09M
EBITDA 64.10M 36.24M 34.70M 36.06M 28.38M
Diluted EPS 1.74 -0.43 0.03 0.31 -0.68
Dividends Per Share 0.08 0.04 0.06 0.06 0.02
Total Assets 451.68M 369.10M 383.68M 363.85M 386.85M
Total liabilities 281.75M 217.37M 229.20M 207.29M 252.69M
Total equity 169.59M 151.18M 153.72M 156.31M 132.86M
Operating cash flow 22.49M 28.09M 47.10M 37.00M 4.91M

Valuation Measures

Mar 2020
PER--
ROA-7.18%
ROE-18.61%
Operating margin0.10%
Profit margin-3.23%

Key executives

  • Chairman & Group Chief Executive Officer: Miki Watanabe
  • President, COO & Representative Director: Kuniaki Shimizu
  • Executive Officer & Head-China: Minoru Monji
  • Executive Officer & GM-Corporate Planning: Hiromasa Katsuragi
  • Executive Officer & GM-Human Resources Development: Atsushi Oneta

Shareholders

  • WATANABE MIKI /WATAMI/ (25.0%)
  • Kotobuki Realty Co., Ltd. (9.9%)
  • Watami Co., Ltd. (5.3%)
  • Asahi Group Holdings Ltd. (5.1%)
  • Concordia Financial Group, Ltd. (1.5%)
  • Nomura Asset Management Co., 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. (0.9%)

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

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