ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Consumer Services

Yoshinoya Holdings Co., Ltd.

Business Summary

Yoshinoya Holdings Co., Ltd. engages in the management of beef bowl fast food restaurants. It operates through the following business segments: Yoshinoya, Hanamaru, Arcmeal, Kyotaru, Overseas, and Others. The Yoshinoya segment manages beef bowl restaurants and franchise stores. The Hanamaru segment handles Sanuki Udon restaurant. The Arcmeal segment covers steaks and shabu shabu restaurants. The Kyotaru segment includes sushi restaurants. The Overseas segment comprises of beef bowl restaurants and its franchises in United States, China, and Malaysia. The Others segment includes the operation of the subsidiary companies. It also provides management guidance to its franchise stores. It also provides management guidance to its franchise stores. The company was founded on December 27, 1958 and is headquartered in Tokyo, Japan.

Financial Highlights

Feb 2023 JPYUSD
Gross Profit101,956M759.87M
Operating income3,436M25.60M
Income before tax8,975M66.89M
Net income7,234M53.91M
Diluted EPS111.850.83
Dividends Per Share100.07
Total Assets108,570M797.04M
Total liabilities52,965M388.83M
Total equity55,112M404.59M
Operating cash flow7,245M53.99M
Currency in JPYCurrency in USD

Historical Data

 Feb 2019Feb 2020Feb 2021Feb 2022Feb 2023
Revenue 202,385M 216,201M 170,348M 153,601M 168,099M
Gross Profit 122,537M 131,925M 99,755M 95,217M 101,956M
Operating income 105M 3,926M -5,335M 2,365M 3,436M
Income before tax -4,853M 1,031M -7,721M 13,334M 8,975M
Net income -6,001M 713M -7,503M 8,117M 7,234M
EBITDA 7,149M 11,950M 2,103M 8,937M 9,807M
Diluted EPS -92.92 11.03 -116.08 125.52 111.85
Dividends Per Share 20 20 0 10 10
Total Assets 113,040M 126,423M 132,894M 112,596M 108,570M
Total liabilities 63,011M 78,035M 92,749M 63,853M 52,965M
Total equity 49,446M 47,797M 39,592M 48,103M 55,112M
Operating cash flow 2,830M 14,038M 2,722M 23,442M 7,245M
 Feb 2019Feb 2020Feb 2021Feb 2022Feb 2023
Revenue 1,831.87M 1,983.31M 1,607.64M 1,377.58M 1,252.83M
Gross Profit 1,109.13M 1,210.21M 941.43M 853.96M 759.87M
Operating income 0.95M 36.01M -50.34M 21.21M 25.60M
Income before tax -43.92M 9.45M -72.86M 119.58M 66.89M
Net income -54.31M 6.54M -70.80M 72.79M 53.91M
EBITDA 64.70M 109.62M 19.84M 80.15M 73.09M
Diluted EPS -0.84 0.10 -1.09 1.12 0.83
Dividends Per Share 0.18 0.18 0 0.08 0.07
Total Assets 1,015.45M 1,172.04M 1,247.36M 977.60M 797.04M
Total liabilities 566.03M 723.45M 870.55M 554.39M 388.83M
Total equity 444.17M 443.11M 371.61M 417.65M 404.59M
Operating cash flow 25.61M 128.77M 25.68M 210.24M 53.99M

Valuation Measures

Feb 2023
Operating margin2.04%
Profit margin4.30%

Key executives

  • President & Representative Director: Yasutaka Kawamura
  • MD, Head-Administration, Finance & Accounting: Norihiro Ozawa
  • Director, Senior GM-Southeast Asia & China: Tetsuya Naruse
  • Auditor: Akihiro Yasui
  • Auditor: Kaoru Tomiya


  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.9%)
  • Nomura Asset Management Co., Ltd. (3.8%)
  • The Vanguard Group, Inc. (2.7%)
  • Nikko Asset Management Co., Ltd. (1.7%)
  • Daiwa Asset Management Co. Ltd. (1.7%)
  • BlackRock Fund Advisors (1.4%)
  • Yoshinoya Kissho Kai Business Association (1.3%)
  • Dimensional Fund Advisors LP (1.0%)
  • Nippon Life Insurance Co. (0.8%)
  • Mitsubishi UFJ Kokusai Asset Management Co., Ltd. (0.7%)

Contact Details

Related Companies

  • Withlink Holdings Co., Ltd.
  • Yoshinoya Holdings Restricted Stock Compensation Plan
  • Setagaya KK
  • Yoshinoya F&B Management (Wuhan) Co. Ltd.
  • Yoshinoya China Holdings Co., Ltd.
  • Yoshinoya F&B Management (Shanghai) Co. Ltd.
  • Fujian Yoshinoya Fast Foods Co. Ltd.
  • Shanghai Yoshinoya Fast Foods Co., Ltd.
  • Shenzhen Yoshinoya Fast Foods Co. Ltd.
  • Asia Yoshinoya International Sdn. Bhd.
  • Yoshinoya International Co., Ltd.
  • Shikoku Yoshinoya KK
  • MR Service Co. Ltd.
  • R One KK
  • Okinawa Yoshinoya KK
  • Yoshinoya Shisan Kanri Sabisu KK
  • Yoshinoya America, Inc.
  • Kitchen Kato KK
  • Ramen Ichiban Honbu KK
  • Yoshinoya Kissho Kai Business Association
  • Kyushu Yoshinoya Co. Ltd.
  • Hanamaru, Inc.
  • Shanghai Express Worldwide Corp. /30 Food Delivery Shops/


    Last Updated on 8 Jun, 2023

    Discover the all new Nikkei Asia app

    • Take your reading anywhere with offline reading functions
    • Never miss a story with breaking news alerts
    • Customize your reading experience

    Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

    Celebrate our next chapter
    Free access for everyone - Sep. 30

    Find out more