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

ROYAL HOLDINGS Co., Ltd.

Medium
Groupest. scale

JPX/TSE 8179 · Japan

Listing status
listed
Operating model
Direct / managed estate
Scale basis
Company-operated revenue (proxy)
Confidence
Medium
Segment
foodservice foodcourt

Foodservice/contract/hotel group; this refresh corrects stale GMV quality after GH-040.

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.
678 stores
FY2025 (year ended December 31, 2025): 2025年:通期実績 全675店 [March 31, 2026 Q1]; 2025年12月31日: 外食事業469、コントラクト事業157、ホテル事業67、合計678店
Source-backed
S2 official secondary (opens in new tab)
Press Or Ir · 2025年:通期実績 全675店 [March 31, 2026 Q1]; 2025年12月31日: 外食事業469、コントラクト事業157、ホテル事業67、合計678店
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.
$1.11B
FY2025 (year ended December 31, 2025): 売上高 165,495 8.8 [百万円, 2025年12月期, 対前期増減率+8.8%]
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 · 売上高 165,495 8.8 [百万円, 2025年12月期, 対前期増減率+8.8%]
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.
$1.63M
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.
$35.59M
FY2025 (year ended December 31, 2025): 親会社株主に帰属する当期純利益 5,660 △4.5 [百万円, 2025年12月期, 対前期増減率△4.5%]
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 5,660 △4.5 [百万円, 2025年12月期, 対前期増減率△4.5%]
Provenance
Tier: S2 official secondary
Source: Press Or Ir
Basis: Profit-positive
Revenue
Source-backed operating metric from the locked research snapshot.
$1.04B
JPY 165,495 million FY2025 ended 2025-12-31 revenue/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)
Operator Metric Source · Source used for operator metric extraction.
Provenance
Tier: S1 official primary
Source: Operator Metric Source
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.
$827.52M
~May 22–26, 2026: market cap of $0.88 Billion [end-2025]; As of May 26, 2026, Royal Holdings had a market cap of approximately 128.58 billion JPY
Market cap (USD)Scale basis not specified. Use as a screening signal until a source pack is attached.
Source-backed
S3 supplementary (opens in new tab)
Media Or Aggregator · market cap of $0.88 Billion [end-2025]; As of May 26, 2026, Royal Holdings had a market cap of approximately 128.58 billion JPY
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

9/21 source-backed

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

Format & positioning
Cuisine (primary)
casual variedS2 official secondary (opens in new tab)
Cuisine (secondary)
japaneseS2 official secondary (opens in new tab)
Service model
casual diningcompany (opens in new tab)
Price tier
premiumtrade_press (opens in new tab)
Company
Founded
1,950company-ir (opens in new tab)
HQ country
Japancompany-ir (opens in new tab)
CEO
Yasuhiro Kurosuaggregator (opens in new tab)
Employees
9,773 headcountaggregator (opens in new tab)~
Ownership
Parent
Public-standalone; largest shareholder is Sojitz Corporation (~19.9% voting rights) which treats Royal Holdings as an equity-method affiliate under a capital & business alliancetier2_press (opens in new tab)
PE / holding
Sojitz Corporation (trading house) holds ~19.9% as strategic largest shareholder/equity-method investor — a corporate holding stake, not PEtier2_press (opens in new tab)~
Recent M&A
not disclosed
Growth
System sales YoY
not disclosed
Revenue YoY
8.8%S3 supplementary (opens in new tab)
Net new units
not disclosed
Pricing & digital
Avg check
not disclosed
Digital sales
not disclosed
Off-premise
not disclosed
Loyalty members
not disclosed
Franchise terms
Royalty
not disclosed
Franchise fee
not disclosed
By-market footprint
Japan
678 storesS1 official primary (opens in new tab)

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

Disclosed store model

disclosed6/7 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
678 stores
678 group locations (469 foodservice, 157 contract, 67 hotel; intra-group FC duplicates excluded)
Source-backedS1 official primary (opens in new tab)
Operational scale
$1.1B
Company revenue proxy: JPY 165,495 million FY2025 ended 2025-12-31 revenue/sales across 678 group locations; use with profit context.
Source-backedS1 official primary (opens in new tab)
Revenue
$1.0B
JPY 165,495 million FY2025 ended 2025-12-31 revenue/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.

ROYAL HOLDINGS Co., Ltd.
Operating margin
4.6%
FYE2025-12
Source-backedS1 official primary (opens in new tab)
Food cost %
28.9%
FYE2025-12
Source-backedS1 official primary (opens in new tab)
Labor cost %
23.6%
FYE2025-12
Source-backedS1 official primary (opens in new tab)
Rent cost %
13%
FYE2025-12
Source-backedS1 official primary (opens in new tab)

Single-store model

2/2 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 1,040,545,558 / 678 stores = ~USD1,534,728/store.
FY2024_or_latest_L1
EstimatedNeeds source
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

4/6 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 / COGS28.9%
FYE2025-12· JGAAP 連結; incl airline catering/contract/hotel segmentsS1 official primary (opens in new tab)Source-backed
Royal Host/Tenya + 機内食/ホテル composite, not pure store P&L. Rent 13% high (airport/mall).
Labor23.6%
FYE2025-12· JGAAP 連結; incl airline catering/contract/hotel segmentsS1 official primary (opens in new tab)Source-backed
Royal Host/Tenya + 機内食/ホテル composite, not pure store P&L. Rent 13% high (airport/mall).
Rent / occupancy13%
FYE2025-12· JGAAP 連結; incl airline catering/contract/hotel segmentsS1 official primary (opens in new tab)Source-backed
Royal Host/Tenya + 機内食/ホテル composite, not pure store P&L. Rent 13% high (airport/mall).
Delivery commission—
FYE2025-12· JGAAP 連結; incl airline catering/contract/hotel segmentsGap
Royal Host/Tenya + 機内食/ホテル composite, not pure store P&L. Rent 13% high (airport/mall).
Marketing—
FYE2025-12· JGAAP 連結; incl airline catering/contract/hotel segmentsGap
Royal Host/Tenya + 機内食/ホテル composite, not pure store P&L. Rent 13% high (airport/mall).
Operating margin4.6%
FYE2025-12· JGAAP 連結; incl airline catering/contract/hotel segmentsS1 official primary (opens in new tab)Source-backed
Royal Host/Tenya + 機内食/ホテル composite, not pure store P&L. Rent 13% high (airport/mall).
Not separately disclosed29.9%

Supply chain

1 suppliers · 1 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.

Coca-Cola Bottlers Japan (beverage-provision partner for Royal Holdings' Osaka-Kansai Expo Lounge & Dining)JPX:2579
Beverage
discloses as: ROYAL HOLDINGS Co., Ltd.
—named (no % disclosed)S1 filingsource (opens in new tab)
—named (no % disclosed)S2 citedsource (opens in new tab)

Peers in this segment

K2 F&BCompany-operated revenue (proxy)

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