Ichibanya Q1 profit up despite input cost pressures

Ichibanya (TSE:7630) announced consolidated financial results for the three months ended May 31, 2025, showcasing an 8.8% increase in profit attributable to owners of the parent, reaching JPY 922 million, compared to JPY 848 million in the same period last year. Sales rose 10.5% to JPY 15.75 billion. The company attributed the increased revenue to franchise wholesale price revisions, and expansion of domestic subsidiary operations. Operating profit grew 17.2% to JPY 1.266 billion, and ordinary profit increased 18.2% to JPY 1.359 billion. Basic earnings per share were JPY 5.78, up from JPY 5.32.