FoodBud
RankingsInsightsMixue SeriesArchiveMethodologyDataSearch中文
RankingsInsightsMixue SeriesArchiveMethodologyDataSearch中文
FoodBud

Global foodservice chain intelligence. Every figure should link back to a source.

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中文

Company card

OHSHO FOOD SERVICE CORP.

High
Brand★Golden 50est. scale

JPX/TSE 9936 · Japan

Listing status
listed
Operating model
Direct / managed estate
Scale basis
Company-operated revenue (proxy)
Confidence
High
Segment
restaurant chain

王将食品服务是饺子/中式 QSR 直营连锁样本;重点看直营店效率、利润率和加盟店补充作用。

Scale basis note

Revenue from company-operated restaurants (mostly-owned estates). Useful for accounting scale, not directly comparable with GMV/system sales.

Compare this operator
Every number has a source row

Metrics below keep source tier, quality, period, and source link visible at the metric level.

Source tiers
S1Official primary — filings, annual reports, prospectuses
S2Official secondary — IR decks, transcripts
S3Supplementary — vetted media, databases
S0Not usable — flagged, never published

Source tiers — S1 official primary · S2 official secondary · S3 supplementary · S0 not usable. Open “Provenance” on any number for its tier, basis, precision, and do-not-use note.

GMV is not revenue

GMV/system sales, revenue, and royalty pool sales are separate scale bases. Screening proxies are directional only.

MetricValuePeriod / basisQualitySource
Stores
Reported restaurant, coffee shop, tea shop, bakery, or comparable chain units.
728 stores
FY2025 (Apr 2024–Mar 2025): これにより当連結会計年度末店舗数は、直営店551店、FC加盟店177店となり、合計店舗数は728店となりました。
Source-backed
S2 official secondary (opens in new tab)
Press Or Ir · これにより当連結会計年度末店舗数は、直営店551店、FC加盟店177店となり、合計店舗数は728店となりました。
Provenance
Tier: S2 official secondary
Source: Press Or Ir
Scale
Revenue from company-operated restaurants (mostly-owned estates). Useful for accounting scale, not directly comparable with GMV/system sales.
$775.47M
FY2026: 売上高 1,168億38百万円 100.0% 105.2%; table also shows 売上高 111,033 116,838. (freshness-confirmed; value already current, FY/flag refreshed).
Company-operated revenue (proxy)Revenue from company-operated restaurants (mostly-owned estates). Useful for accounting scale, not directly comparable with GMV/system sales.
Source-backed
S2 official secondary (opens in new tab)
Press Or Ir · 前年同期に比べて96億32百万円(9.5%)の増収で、過去最高となる1,110億33百万円を達成し、4年連続で増収となりました。
Provenance
Tier: S2 official secondary
Source: Press Or Ir
Basis: Company-operated revenue (proxy)
Precision: Estimated
Scale per store
Screening proxy: scale divided by store count. It is not audited AUV or unit profit.
$1.07M
Screening proxyest.
Derived scale_per_store using scale ÷ store_count at the linked scale basis; not a separately reported company metric.
Company-operated revenue (proxy)Revenue from company-operated restaurants (mostly-owned estates). Useful for accounting scale, not directly comparable with GMV/system sales.
Source-backed
S1 official primary (opens in new tab)
Operator Metric Source · Source used for operator metric extraction.
Provenance
Tier: S1 official primary
Source: Operator Metric Source
Basis: Company-operated revenue (proxy)
Precision: Derived
Profit signal
Profit signal from the source period. Read with local accounting and segment mix in mind.
$46.96M
FY2025 (Apr 2024–Mar 2025): 親会社株主に帰属する当期純利益は、前年同期に比べて1億60百万円(2.0%)の増益で80億71百万円となりました。
Profit-positiveScale basis not specified. Use as a screening signal until a source pack is attached.
Source-backed
S2 official secondary (opens in new tab)
Press Or Ir · 親会社株主に帰属する当期純利益は、前年同期に比べて1億60百万円(2.0%)の増益で80億71百万円となりました。
Provenance
Tier: S2 official secondary
Source: Press Or Ir
Basis: Profit-positive
Revenue
Source-backed operating metric from the locked research snapshot.
$698.14M
JPY 116,838 million FY2026 sales.
Revenue proxyRecognized company revenue. Useful for accounting scale, but not directly comparable with GMV/system sales.
Source-backed
S1 official primary (opens in new tab)
Official Source Pack · GH-097 revenue backfill from hardened master/top100 source. S1_official_manual_override.
Provenance
Tier: S1 official primary
Source: Official Source Pack
Basis: Revenue proxy
Precision: Manual override

Market data (listed companies)

Market valuation · fluctuates · not operational scale · do not compare with GMV / system sales. Listed companies only.

MetricValuePeriod / basisQualitySource
Market cap
Public market capitalization captured in the locked source snapshot.
$914.67M
Directional proxy
May 22, 2026: Unverified: no citable primary disclosure with a verbatim excerpt found. Market cap on May 22, 2026 not available from a citable source with a verbatim excerpt. Aggregator data shows Dec 30 2025 = ¥168.3B and Jun 23 2026 = ¥143.25B; stored
Market cap (USD)Scale basis not specified. Use as a screening signal until a source pack is attached.
Directional proxy
S3 supplementary (opens in new tab)
Media Or Aggregator · Unverified: no citable primary disclosure with a verbatim excerpt found. Market cap on May 22, 2026 not available from a citable source with a verbatim excerpt. Aggregator data shows Dec 30 2025 = ¥168.3B and Jun 23 2026 = ¥143.25B; stored
Provenance
Tier: S3 supplementary
Source: Media Or Aggregator
Basis: Market cap (USD)
Precision: Market snapshot · not operational scale
⚠ Do not use for: Market valuation · not operational scale · never compare with GMV/system sales

Operator profile

7/19 source-backed

Classification, firmographics, ownership and operating dimensions — source-backed where disclosed, marked as a gap (never inferred) where not.

Format & positioning
Cuisine (primary)
chineseS2 official secondary (opens in new tab)
Cuisine (secondary)
not disclosed
Service model
casual diningS4 (opens in new tab)
Price tier
valueS3 supplementary (opens in new tab)
Company
Founded
1,967S3 supplementary (opens in new tab)
HQ country
Japan~
CEO
Naoto WatanabeS3 supplementary (opens in new tab)
Employees
2,370S3 supplementary (opens in new tab)~
Ownership
Parent
Public-standalone; no single controlling shareholder (~45% institutional, ~20% insiders). Operates Gyoza no OhshoS3 supplementary (opens in new tab)
PE / holding
not disclosed
Recent M&A
not disclosed
Growth
System sales YoY
not disclosed
Revenue YoY
9.5%S3 supplementary (opens in new tab)
Net new units
not disclosed
Pricing & digital
Avg check
not disclosed
Digital sales
not disclosed
Franchise terms
Royalty
not disclosed
Franchise fee
not disclosed
By-market footprint
Japan
728 storesS2 official secondary (opens in new tab)

Store counts by market/region — footprint context, not a same-basis comparison.

Disclosed store model

disclosed8/9 source-backed

Company-operated vs franchised footprint, AUV and store-level economics — taken verbatim from each operator's own filing, never inferred. A separate axis from company scale and single-store economics.

Total stores
728 stores
728 stores
Source-backedS1 official primary (opens in new tab)
Operational scale
$775M
Direct/operator revenue proxy: JPY 116,838 million FY2026 sales across 728 stores; terminal consumer sales remains open.
Source-backedS1 official primary (opens in new tab)
Revenue
$698M
JPY 116,838 million FY2026 sales.
Source-backedS1 official primary (opens in new tab)
Company-operated
see brand drilldown
Franchised
see brand drilldown

Brand drilldown

non-additive

Per-brand detail — NOT additive (brands may use different bases / periods) and NOT counted in rankings. Listed for transparency only.

OHSHO FOOD SERVICE CORP.
Operating margin
9.8%
FYE2025-03
Source-backedS1 official primary (opens in new tab)
Food cost %
31.9%
FYE2025-03
Source-backedS1 official primary (opens in new tab)
Labor cost %
34.1%
FYE2025-03
Source-backedS1 official primary (opens in new tab)
Rent cost %
4.2%
FYE2025-03
Source-backedS1 official primary (opens in new tab)
Marketing cost %
1.1%
FYE2025-03
Source-backedS1 official primary (opens in new tab)
Delivery cost %
2.3%
FYE2025-03
Source-backedS1 official primary (opens in new tab)

Single-store model

3/3 source-backed

Unit economics are a separate axis from company-level scale — never read as the same number. Each field keeps its source, period, and quality; derived/estimated rows and gaps are marked.

AUV / unit sales
Derived system-sales/store = unit-volume proxy; not a disclosed AUV.
Derived: gmv_or_system_sales_usd 734,560,506 / 728 stores = ~USD1,009,012/store.
FY2024_or_latest_L1
EstimatedNeeds source
Same-store sales
Single monthly data point (Dec-2025), not FY cumulative; full-year existing-store ran roughly flat.
Ohsho (Gyoza no Ohsho) directly-managed existing-store sales +1.8% YoY Dec-2025 monthly; FY trend ~flat-to-modest.
2025-12_monthly
Source-backedS2 official secondary (opens in new tab)
Company-operated share
Inferred ~100% company-operated from model tier; confirm exact split if disclosed.
Model tier "direct_or_managed_estate" -> inferred company-operated share 1.0.
current
EstimatedNeeds source

Cost structure

6/6 source-backed

Where each revenue dollar goes, latest disclosed year. Slices use each operator's reported base — % of revenue unless the row notes otherwise (% of GMV, restaurant-level, franchise goods-supply COGS). Grey = not separately disclosed. This is a separate axis from company scale and single-store economics.

Food / COGS31.9%
FYE2025-03· JGAAP; SG&A fully itemized; delivery=荷造運搬費 own factory->store logisticsS1 official primary (opens in new tab)Source-backed
Gyoza no Ohsho 直营中心+FC~3割. Land/buildings owned -> rent 4.2% lowest tier, shifted to depreciation. 販促費 4.47% separate.
Labor34.1%
FYE2025-03· JGAAP; SG&A fully itemized; delivery=荷造運搬費 own factory->store logisticsS1 official primary (opens in new tab)Source-backed
Gyoza no Ohsho 直营中心+FC~3割. Land/buildings owned -> rent 4.2% lowest tier, shifted to depreciation. 販促費 4.47% separate.
Rent / occupancy4.2%
FYE2025-03· JGAAP; SG&A fully itemized; delivery=荷造運搬費 own factory->store logisticsS1 official primary (opens in new tab)Source-backed
Gyoza no Ohsho 直营中心+FC~3割. Land/buildings owned -> rent 4.2% lowest tier, shifted to depreciation. 販促費 4.47% separate.
Delivery commission2.3%
FYE2025-03· JGAAP; SG&A fully itemized; delivery=荷造運搬費 own factory->store logisticsS1 official primary (opens in new tab)Source-backed
Gyoza no Ohsho 直营中心+FC~3割. Land/buildings owned -> rent 4.2% lowest tier, shifted to depreciation. 販促費 4.47% separate.
Marketing1.1%
FYE2025-03· JGAAP; SG&A fully itemized; delivery=荷造運搬費 own factory->store logisticsS1 official primary (opens in new tab)Source-backed
Gyoza no Ohsho 直营中心+FC~3割. Land/buildings owned -> rent 4.2% lowest tier, shifted to depreciation. 販促費 4.47% separate.
Operating margin9.8%
FYE2025-03· JGAAP; SG&A fully itemized; delivery=荷造運搬費 own factory->store logisticsS1 official primary (opens in new tab)Source-backed
Gyoza no Ohsho 直营中心+FC~3割. Land/buildings owned -> rent 4.2% lowest tier, shifted to depreciation. 販促費 4.47% separate.
Not separately disclosed16.6%

Supply chain

2 suppliers · 0 with S1 filing

Who supplies this brand — reverse-extracted from each supplier's own filing (top-customer / related-party disclosure). The % is the supplier's revenue share from this brand (supplier-side, not procurement spend), unless a note says otherwise. Each edge keeps its period, source tier, and audit link; named relationships without a disclosed % are shown as such.

Asahi Group Holdings, Ltd. (beer supplied via subsidiary Asahi Breweries, Ltd. / アサヒビール株式会社, which is also Ohsho's largest shareholder at 11.7%)TSE:2502
Beverage
discloses as: OHSHO FOOD SERVICE CORP.
—named (no % disclosed)S3 newssource (opens in new tab)
—named (no % disclosed)S3 newssource (opens in new tab)
Asahi Logistics Co., Ltd. (アサヒロジスティクス株式会社; private, Saitama — unrelated to Asahi Group beverages)
Logistics
discloses as: OHSHO FOOD SERVICE CORP.
—named (no % disclosed)S3 newssource (opens in new tab)

Peers in this segment

HaidilaoRevenue proxySKYLARK HOLDINGS CO.,LTD.Revenue proxyFOOD & LIFE COMPANIES LTD.Company-operated revenue (proxy)SAIZERIYA CO.,LTD.Revenue proxyTORIDOLL Holdings CorporationCompany-operated revenue (proxy)COLOWIDE CO.,LTD.Revenue proxy

Same segment — each operator keeps its own scale basis; this is navigation, not a like-for-like comparison.