Kura Sushi, Inc. (2695): FY2025 Results Summary — Record Net Sales of 245.1 Billion Yen and a Planned Dividend Increase to 30 Yen

This article is based on publicly available IR materials and is not a recommendation to buy or sell any specific securities.

Note: Kura Sushi, Inc. does not publish an English results presentation; this article is an English translation of the Japanese-language article on our sister site Investalk, which is based on the company’s Japanese-language IR materials, with figures transcribed as reported. The company’s fiscal year ends in October and it labels the year ended October 31, 2025 as the fiscal year ended October 2025 (FY10/25); this site classifies that year as FY2025, while the text, tables and segment data below keep the labels used in the source materials. Amounts are in millions of yen unless otherwise noted.

For the fiscal year ended October 2025 (November 2024 to October 2025), Kura Sushi’s consolidated results were net sales of 245,109 million yen (104.3% of the prior year; the materials describe this as a record high of 245.1 billion yen), operating profit of 5,460 million yen (95.8% of the prior year, 109.2% of plan), ordinary profit of 6,179 million yen (99.3% of the prior year, 118.8% of plan) and profit attributable to owners of parent of 3,606 million yen (111.8% of the prior year, 106.1% of plan). In Japan, same-store sales held firm and sales reached a record high, while ordinary profit fell below the prior year. In the United States, Kura Sushi USA, INC. posted record sales of 42.1 billion yen (117.4% of the prior year) and its ordinary profit turned positive for the full year. In Taiwan, Asia Kura Sushi Co., Ltd. also posted higher sales and higher profit.

Consolidated Results (Full-Year Actual)

The consolidated results highlights are as follows. Each profit line finished above plan.

Item	FY10/24	FY10/25	vs. Prior Year	vs. Plan
Net sales	234,950	245,109	104.3%	100.9%
Operating profit	5,699	5,460	95.8%	109.2%
Ordinary profit	6,224	6,179	99.3%	118.8%
Profit attributable to owners of parent	3,226	3,606	111.8%	106.1%

Segment Results (by Business and Group Company)

By segment, Japan posted higher sales but ordinary profit below the prior year, the United States posted higher sales and turned profitable for the full year, and Asia posted higher sales and higher profit (unit: millions of yen).

Category	Item	FY10/24	FY10/25	vs. Prior Year
Kura Sushi (Japan) 2024/11–2025/10	Net sales	174,273	176,740	101.4%
Kura Sushi (Japan) 2024/11–2025/10	Ordinary profit	6,569	5,030	76.6%
Kura Sushi USA, INC. 2024/09–2025/08	Net sales	35,866	42,103	117.4%
Kura Sushi USA, INC. 2024/09–2025/08	Ordinary profit	▲1,041	114	—
Asia Kura Sushi Co., Ltd. 2024/10–2025/09	Net sales	25,126	26,598	105.9%
Asia Kura Sushi Co., Ltd. 2024/10–2025/09	Ordinary profit	915	1,159	126.6%

Full-Year Forecast

For the fiscal year ending October 2026 the company plans net sales of 257.0 billion yen and ordinary profit of 5.2 billion yen (an ordinary profit margin of 2.0%).

Item	FY10/26 Forecast	FY10/25 (Actual)
Net sales	257.0 billion yen	245,109 million yen
Ordinary profit	5.2 billion yen (ordinary profit margin 2.0%)	6,179 million yen

Shareholder Returns

The company’s basic policy is to pay long-term, stable dividends after taking into account the maintenance of a sound financial position and the securing of funds needed for business investment, and it has implemented dividend increases and commemorative dividends in line with earnings and circumstances. For the next fiscal year (FY10/26) it plans to raise the dividend from 20 yen to 30 yen. As a shareholder benefit it presents meal vouchers according to the number of shares held, and from the issuance in July 2025 the benefit was changed from discount coupons to meal vouchers.

Period	Dividend per Share
FY10/25	20 yen (actual)
FY10/26	30 yen (planned, increase)

Financial Base (Consolidated Balance Sheet)

The company holds 24.1 billion yen in cash and deposits and maintains a high equity ratio of 66.6%. Kura Sushi (Japan), the core of the group, is operated on a substantially debt-free basis.

Store Opening Strategy / Topics

For the fiscal year ending October 2026 the group plans around 30 new store openings for the year (around 10 in Japan, 16 in the United States and 5 in Asia). In the United States it plans a record 16 new openings, including entry into major metropolitan areas, and aims to maintain an annual store growth rate of 20% or more. In Japan, the company intends to continue rolling out measures that leverage its distinction as the only major conveyor-belt sushi chain that serves sushi on a revolving lane, as well as collaboration campaigns using its proprietary Bikkura-Pon! content.

This article is an analysis based on publicly available information and is not a recommendation to buy or sell any specific securities. Investment decisions are your own responsibility.