SRS Holdings reports strong half-year sales, expands sushi business

SRS Holdings Co., Ltd. reported robust consolidated financial results for the six months ended September 30, 2025, with net sales increasing by 18.2% year-on-year to 37,212 million yen. Operating profit rose 1.0% to 1,613 million yen, and ordinary profit climbed 5.9% to 1,600 million yen. Profit attributable to owners of parent, however, decreased 8.9% to 860 million yen, primarily due to increased tax expenses.

A key driver for this growth was the acquisition of SUSHI BENKEI CO., LTD. in September 2025, adding six gourmet conveyor belt sushi restaurants and expanding SRS Holdings' footprint in the San'in region. This aligns with the "SRS VISION 2030" Medium-term Business Plan, which aims to make the company the unrivaled No. 1 Japanese restaurant chain. The plan includes aggressive restaurant openings, with 17 new directly-managed restaurants opened year-to-date and an annual target of 34, reflecting a 50% progress rate.

The company maintains its full-year consolidated earnings forecast for the fiscal year ending March 31, 2026, with projected net sales of 76,000 million yen, operating profit of 3,000 million yen, and ordinary profit of 2,800 million yen. A full-year dividend of 10.0 yen per share is planned, exceeding the previous year's 7.5 yen per share, demonstrating a commitment to shareholder returns.