Ichibanya Cuts Profit Targets and Slows Store Expansion in Revised Medium-Term Plan

An update from Ichibanya Co., Ltd. ( (JP:7630) ) is now available.

Ichibanya has revised its 8th Medium-Term Management Plan for the period through the fiscal year ending February 2027, aligning the new targets with its latest earnings forecast. The company cites persistent geopolitical uncertainty, surging personnel and logistics costs, and an unprecedented spike in rice purchase prices as pressures that cannot be fully offset by internal cost controls.

Under the revised plan, consolidated net sales are trimmed from ¥74 billion to ¥72.6 billion, while operating profit is cut from ¥7 billion to ¥5 billion and profit attributable to owners of parent from ¥4.6 billion to ¥2.72 billion. The restaurant opening plan is also scaled back, with the total number of outlets now projected at 1,545 instead of 1,660, reflecting slower expansion for CoCo ICHIBANYA in Japan and overseas and underscoring a more cautious growth stance amid cost inflation and global instability.

The most recent analyst rating on (JP:7630) stock is a Hold with a Yen948.00 price target. To see the full list of analyst forecasts on Ichibanya Co., Ltd. stock, see the JP:7630 Stock Forecast page.

More about Ichibanya Co., Ltd.

Ichibanya Co., Ltd. operates in the food service industry, best known for its CoCo ICHIBANYA curry restaurant chain in Japan and overseas, along with related brands such as Pasta de CoCo. The company focuses on providing “food entertainment” by delivering enjoyable and exciting dining experiences across a wide network of domestic and international outlets.

Average Trading Volume: 345,037

Technical Sentiment Signal: Buy

Current Market Cap: Yen147.6B

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