Yoshinoya Holdings reports dip in profit despite revenue growth

Yoshinoya Holdings (TSE:9861) reported a decrease in net profit despite increased revenues in its consolidated financial results for the fiscal year ending February 28, 2025. Revenue rose 9.3% to JPY 204.98B, but net profit attributable to owners of the parent decreased 32.1% to JPY 3.803B, due to higher costs. The company remains confident in its China market strategy despite recording a JPY 2.958B loss on valuation of investments in capital of subsidiaries and associates there. Yoshinoya increased its year-end dividend to JPY 10.00 per share, bringing the total annual dividend to JPY 20.00. The company projects revenues of JPY 225B and net profit of JPY 4.2B for the year ending February 2026.