Saint Marc Holdings boosts targets, issues restricted stock

Saint Marc Holdings updated its medium-term management plan through March 2029, revising financial targets and capital allocation due to recent M&A activities. The company now targets consolidated net sales of 100 bn yen, operating profit of 9 bn yen, and operating profit before amortization of goodwill of 10 bn yen for the fiscal year ending March 2029, up from previous targets of 80 bn yen and 6.5 bn yen, respectively. Strategic adjustments include accelerating the growth of its Gyukatsu business in Japan and overseas, alongside resuming store openings for Saint Marc Cafe and continuing its existing pasta business strategy.

Capital allocation has been revised to 78 bn yen, increasing from 42 bn yen or more. Key changes include higher working capital at 11 bn yen, new capital expenditures for the beef cutlet business at 4.5 bn yen, and provisions for M&A of 22 bn yen, with additional M&A debt repayment of 10 bn yen. Shareholder returns also increased to 6 bn yen for dividends and 7.5 bn yen for share repurchases.

Concurrently, the company resolved to dispose of 10,384 common shares as restricted stock compensation on December 22, 2025. This compensation will be allotted to 9 employees of the company and 98 employees of its subsidiaries at a price of 2,580 yen per share. The shares will be subject to a transfer restriction period from December 22, 2025, to November 30, 2028.