Horiifoodservice Co.,Ltd. [3077.T]
TOKYO, Apr 01 (Pulse News Wire) – Horiifoodservice CO.,LTD. (3077.T) disclosed plans to open three additional inbound-focused restaurants in fiscal 2026, including a Kyoto location scheduled to launch in early May.
The company projects continued growth despite potential risks such as exchange rate fluctuations and geopolitical uncertainties. Regarding its Empress Steak brand, which has seen strong performance, the firm expects high foot traffic and pricing levels similar to those achieved in Shinjuku. Potential locations include popular tourist areas like Shibuya, Ginza, Asakusa, and Roppongi within Tokyo, along with Osaka, Kyoto, Fukuoka, and Hyogo domestically. For risk management, the company believes it can maintain operations even with a 20% drop in inbound demand.
It also noted that while the majority of visitors come from Europe and Southeast Asia, there is room to expand customer base further. Financially, the cost impact of shareholder perks is expected to be minor, with a utilization rate around 20%. In addition, the firm detailed changes to its shareholder benefits program, including electronic vouchers for future distributions aimed at improving delivery times. Shareholders who hold their shares continuously for two years will be eligible for combined usage up to ¥200,000 worth of gifts.
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