FOOD & LIFE COMPANIES LTD. ( (SGLOF) ) has released its Q2 earnings. Here is a breakdown of the information FOOD & LIFE COMPANIES LTD. presented to its investors.
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FOOD & LIFE COMPANIES LTD. is a Japanese company operating in the restaurant sector, primarily known for its sushi brands, both domestically and internationally. The company is recognized for its innovative product development and commitment to enhancing customer experiences.
In the latest earnings report for the six months ended March 31, 2025, FOOD & LIFE COMPANIES LTD. reported significant growth in its financial performance. The company saw a 15.8% increase in revenue, reaching 203,814 million yen, and a substantial 58.9% rise in operating profit to 19,535 million yen. Profit attributable to owners of the parent also surged by 63.1% to 11,869 million yen.
Key highlights of the report include the strong performance of the Overseas Sushiro Business, which achieved a 41.5% increase in net sales and a 98.7% rise in segment profit. The Japan Sushiro Business also performed well, with net sales growing by 8.5% and segment profit increasing by 39.8%. However, the Kyotaru Business faced challenges, with a slight decline in net sales and segment profit.
The company’s financial position improved, with total assets increasing to 374,371 million yen and total equity rising to 87,542 million yen. Despite a decrease in cash and cash equivalents, the company maintained a strong equity ratio of 22.3%.
Looking ahead, FOOD & LIFE COMPANIES LTD. remains optimistic about its growth prospects, with revised earnings forecasts for the fiscal year ending September 30, 2025, indicating continued expansion in revenue and profitability.