Genki Global Dining projects 10-year growth to 300 bn yen sales, 1,000 stores

Genki Global Dining Concepts announced a management vision targeting 300 billion yen in total sales revenue and 1,000 stores by March 2035. This long-term strategy focuses on strengthening upstream operations, with the Uobei brand leading domestic expansion and Genki Sushi driving global franchise development. New formats like Genki Diner and yakiniku restaurants are also planned to diversify revenue streams.

The company's second-quarter financial results for the fiscal year ending March 2026 showed record-high sales revenue of 35.2 billion yen, up 4.2% year-over-year. However, operating profit decreased by 20.4% to 3.1 billion yen, pressured by rising raw material and personnel expenses. Domestic same-store sales increased by 2.9%, with customer numbers and average spending exceeding the previous year.

Looking ahead to the full fiscal year ending March 2026, the company revised its operating profit forecast downwards to 5.1 billion yen, a 27.1% reduction from its initial projection. This adjustment reflects higher-than-anticipated increases in key ingredient prices and minimum wages. Despite these challenges, Genki Global Dining Concepts emphasized cost control and enhanced customer acquisition to secure profitability.