TOKYO, May 15 (Pulse News Wire) – Colowide CO.,LTD. (7616.T) reported robust fiscal year 2026 results, achieving revenue of ¥500.0 billion.
The company ended the fiscal year with 2,402 restaurant outlets and 231 izakaya locations, marking a significant increase from the prior year. Colowide's operating profit reached ¥120.8 billion, while EBITDA stood at ¥216.6 billion. Domestic operations contributed significantly, with sales increasing by -¥8.345 billion compared to the previous fiscal year. North American operations saw a decline in profitability due to competitive pressures, but Asia and Oceania regions showed strong growth.
In its mid-term plan, Colowide targets a consolidated revenue of ¥500.0 billion by March 2030, focusing on expanding overseas food service businesses and institutional catering services. The company also acquired Seagrass Holdco Pty Ltd., a premium steakhouse chain in Australia, on June 02, 2025. Looking ahead, Colowide forecasts continued expansion, aiming for consolidated revenues of ¥350.9 billion in fiscal year 2027. The company plans to further develop its presence in key markets such as Australia and the Middle East through strategic acquisitions and new store openings.
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