Komeda H1 Operating Profit Rises 12% as Domestic Coffee Shops Drive Growth; Store Count Reaches 1,164

Revenue rose 7.8% to ¥30,765 million in the six months to August 31 and operating profit climbed 11.9% to ¥5,256 million, led by a 14.2% rise in profit from the domestic Komeda's Coffee business. Profit attributable to owners of the parent rose 11.4% to ¥3,535 million. The full-year forecast of ¥10,200 million in operating profit is unchanged, and the annual dividend is planned at ¥62 against ¥60.

Komeda Holdings H1 FY2/2027 earnings summary

Domestic business leads

Komeda Holdings Co., Ltd. (TSE: 3543), the Nagoya-based franchisor of the Komeda's Coffee full-service café chain, reported consolidated results for the first half of FY2/2027, the six months from March 1 to August 31, 2026, on October 14, 2026 under IFRS. Revenue rose 7.8% to ¥30,765 million, operating profit 11.9% to ¥5,256 million and profit before tax 11.1% to ¥5,177 million. Profit attributable to owners of the parent rose 11.4% to ¥3,535 million, or ¥77.66 per share against ¥69.74.

The company said dining-out demand held firm on wage increases and strong inbound tourism, even as food, consumables and energy costs rose and staff shortages persisted. Under its CONNECT 2030 medium-term plan it opened 15 Komeda's Coffee and two Okagean cafés in Japan and one Kaffe & Toast in Singapore, ending August with 1,164 stores, 1,083 in Japan and 81 overseas.

Segments

Domestic revenue rose 6.6% to ¥27,413 million and segment profit 14.2% to ¥6,351 million. Overseas revenue rose 18.7% to ¥3,352 million, but segment profit fell 21.6% to ¥189 million. Corporate costs and eliminations deducted ¥1,284 million, against ¥1,102 million a year earlier.

Balance sheet, dividend and outlook

Total assets rose 3.0% to ¥113,742 million from the end of February and total equity 4.6% to ¥52,461 million, for an equity ratio attributable to owners of the parent of 45.8%. The interim dividend is ¥31, against ¥30, and the company plans an annual ¥62.

The full-year forecast is unchanged: revenue of ¥60,920 million (+6.5%), operating profit of ¥10,200 million (+8.2%), profit before tax of ¥10,160 million (+8.9%) and profit attributable to owners of the parent of ¥6,900 million (+6.8%).

Komeda Holdings Co., Ltd. — H1 FY2/2027 (March 1 – August 31, 2026), IFRS, consolidated. Balance-sheet rows compare August 31, 2026 with February 28, 2026; guidance and dividend rows are full-year FY2/2027 against FY2/2026. "—" indicates a figure not disclosed.
MetricH1 FY2/2027H1 FY2/2026Change
Revenue (¥ million)30,76528,529+7.8%
Operating profit (¥ million)5,2564,699+11.9%
Pre-tax profit (¥ million)5,1774,659+11.1%
Net profit attrib. to owners of parent (¥ million)3,5353,173+11.4%
EPS (¥)77.6669.74+11.4%
Domestic — revenue (¥ million)27,41325,704+6.6%
Domestic — segment profit (¥ million)6,3515,560+14.2%
Overseas — revenue (¥ million)3,3522,825+18.7%
Overseas — segment profit (¥ million)189241−21.6%
Total assets (¥ million)113,742110,385+3.0%
Shareholders' equity (¥ million)52,46150,154+4.6%
Equity ratio45.8%45.2%+0.6 pt
FY2/2027 guidance — revenue (¥ million)60,920—+6.5%
FY2/2027 guidance — operating profit (¥ million)10,200—+8.2%
FY2/2027 guidance — pre-tax profit (¥ million)10,160—+8.9%
FY2/2027 guidance — net profit (¥ million)6,900—+6.8%
Annual dividend per share (¥)62.0060.00+3.3%

JapanStockPulse provides informational content only and does not constitute investment advice. Figures are taken from the company's published earnings short report and may be subject to subsequent revision.