FoodBud
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RankingsInsightsMixue SeriesArchiveMethodologyDataSearch中文
FoodBud

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

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TORIDOLL Holdings Corporation

Medium
Group★Golden 50

JPX/TSE 3397 · Japan

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

Toridoll 是丸龟制面为核心的全球快休闲集团;直营收入/店和海外扩张质量比单纯门店数更重要。

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.
2,102 stores
FY2026 (ended Mar 31 2026) consolidated total store count 2,102 = Marugame 887 + Domestic Other 292 + Overseas 923; roll-forward FY2025 2,049 + 147 openings - 94 closures = 2,102. Source: Toridoll FY2026 IFRS 決算短信 (TDnet/JPX, 2026-05-15). Supersedes prior 2,119 and research-FY2025 2,049 (different/older snapshots).
Source-backed
S1 official primary (opens in new tab)
Regulatory Filing · FY2026 決算短信: 連結店舗数 2026年3月末 2,102 (丸亀製麺887 + 国内その他292 + 海外923).
Provenance
Tier: S1 official primary
Source: Regulatory Filing
Scale
Revenue from company-operated restaurants (mostly-owned estates). Useful for accounting scale, not directly comparable with GMV/system sales.
$1.85B
FY2026: 売上収益 268,228 278,715; summary says 売上収益は2,787億15百万円(前期比3.9%増). (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
S1 official primary (opens in new tab)
Regulatory Filing · 2025年3月期 268,228 15.6 ... 売上収益 前期比15.6%増 (2024年3月期231,952)
Provenance
Tier: S1 official primary
Source: Regulatory Filing
Basis: Company-operated revenue (proxy)
Precision: Source-backed
Scale per store
Screening proxy: scale divided by store count. It is not audited AUV or unit profit.
$880,050
Screening proxy
Derived scale_per_store = scale_usd ÷ store_count (2102, FY2026) at the company_operated_revenue basis; not a separately reported 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.
$14.53M
FY2025 (ended March 31, 2025): 親会社の所有者に帰属する当期利益 2025年3月期 1,874 △65.7 (2024年3月期5,459 42.6)
Profit-positiveScale basis not specified. Use as a screening signal until a source pack is attached.
Source-backed
S1 official primary (opens in new tab)
Regulatory Filing · 親会社の所有者に帰属する当期利益 2025年3月期 1,874 △65.7 (2024年3月期5,459 42.6)
Provenance
Tier: S1 official primary
Source: Regulatory Filing
Basis: Profit-positive
Revenue
Source-backed operating metric from the locked research snapshot.
$1.75B
JPY278.715 billion sales revenue for FY2026/3.
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.
$2.13B
Directional proxy
May 22, 2026: Unverified: no citable primary disclosure with a verbatim excerpt found. Cannot confirm the exact May 22, 2026 market cap figure with a verbatim excerpt from a dated source. Nearest data points: ~¥364.51B (May 1, 2026) and ¥316.35B (Jun 22,
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. Cannot confirm the exact May 22, 2026 market cap figure with a verbatim excerpt from a dated source. Nearest data points: ~¥364.51B (May 1, 2026) and ¥316.35B (Jun 22,
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

12/21 source-backed

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

Format & positioning
Cuisine (primary)
japaneseS2 official secondary (opens in new tab)
Cuisine (secondary)
not disclosed
Service model
fast casualS4 (opens in new tab)
Price tier
valueS3 supplementary (opens in new tab)
Company
Founded
1,990S2 official secondary (opens in new tab)
HQ country
JapanS2 official secondary (opens in new tab)
CEO
Takaya AwataS2 official secondary (opens in new tab)
Employees
7,830 headcountS3 supplementary (opens in new tab)
Ownership
Parent
Public-standalone; founder/President & CEO Takaya Awata is controlling shareholder (~31.48%)S3 supplementary (opens in new tab)
PE / holding
not disclosed
Recent M&A
Acquired The Fulham Shore PLC (UK; Franco Manca, The Real Greek) for ~£93.4m via Great Sea Kitchens, completed July 2023 (in partnership with PE firm Capdesia)S2 official secondary (opens in new tab)
Growth
System sales YoY
not disclosed
Revenue YoY
3.9%S2 official secondary (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
5%S3 supplementary (opens in new tab)
Franchise fee
$40,000S3 supplementary (opens in new tab)
By-market footprint
Japan / domestic
1,179 storesS2 official secondary (opens in new tab)
Overseas
923 storesS2 official secondary (opens in new tab)

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

Disclosed store model

disclosed12/12 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
2,102 stores
FY ended March 31, 2026, as of 2026-03-31 (period-end)
Source-backedS1 official primary (opens in new tab)
Total stores
2,102 stores
As of March 2026 month-end (FY ended March 31, 2026); Consolidated Total per Monthly Sales Report
Source-backedS1 official primary (opens in new tab)
Company-operated
2,096 stores
FY ended March 31, 2026 (第36期, 2025/04/01-2026/03/31), as of 2026-03-31 (period-end)
Source-backedS1 official primary (opens in new tab)
Company-operated
Marugame Seimen 887; Domestic Others 287; Overseas 436 (directly-operated 直営)
FY ended March 31, 2026, as of 2026-03-31 (period-end)
Source-backedS1 official primary (opens in new tab)
Company-operated
Marugame Seimen 861; Domestic Others 269; Overseas 445 (直営, prior-year comparator)
FY ended March 31, 2025, as of 2025-03-31 (period-end)
Source-backedS1 official primary (opens in new tab)
Company-operated
Overseas subsidiaries directly-operated 436 (Taiwan 71 / Tam Jai 247 / Marugame USA 21 / Cambodia 1 / Fulham Shore 96) — FC excluded
FY ended March 31, 2026, as of 2026-03-31
Source-backedS1 official primary (opens in new tab)
Franchised
Domestic Others FC等 5; Overseas FC等 487 (FC/JV/other, 直営以外)
FY ended March 31, 2026, as of 2026-03-31 (period-end)
Source-backedS1 official primary (opens in new tab)
Franchised
Domestic Others FC等 5; Overseas FC等 469 (prior-year comparator)
FY ended March 31, 2025, as of 2025-03-31 (period-end)
Source-backedS1 official primary (opens in new tab)
JV / licensed
Overseas FC等 487 includes franchise + JV (合弁会社) per footnote; not separately split into FC vs JV in the filing
FY ended March 31, 2026, as of 2026-03-31 (period-end)
Source-backedS1 official primary (opens in new tab)
New units opened
147 consolidated gross openings (Marugame 36 / Domestic Others 25 / Overseas 86 [直営23 + FC等63])
FY ended March 31, 2026 (出店 during 2025/04/01-2026/03/31)
Source-backedS1 official primary (opens in new tab)
New units opened
84 directly-operated new openings group-wide (Marugame 36 / Domestic Others 25 直営のみ / Overseas 23 直営のみ)
FY ended March 31, 2026 (capex-basis new openings)
Source-backedS1 official primary (opens in new tab)
Other disclosed
94 consolidated closings (Marugame 10 / Domestic Others 7 / Overseas 77 [直営32 + FC等45]); incl. 19 stores deconsolidated (MC GROUP, 直営13+FC6)
FY ended March 31, 2026 (閉店 during 2025/04/01-2026/03/31)
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 1,752,477,746 / 2,119 stores = ~USD827,031/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 / COGS24%
FYE2025-03· 売上原価 food only (IFRS)S1 official primary (opens in new tab)Source-backed
IFRS Marugame. 売上原価 24.0 food; labor/rent in SG&A. Op margin 3.2 depressed by ¥8.07bn impairment; 事業利益 margin 6.8%. Rent understated (IFRS16).
Labor32.4%
FYE2025-03S2 official secondary (opens in new tab)Estimated
IFRS Marugame. 売上原価 24.0 food; labor/rent in SG&A. Op margin 3.2 depressed by ¥8.07bn impairment; 事業利益 margin 6.8%. Rent understated (IFRS16).
Rent / occupancy2.2%
FYE2025-03· 地代家賃 short-term only; most rent IFRS16S2 official secondary (opens in new tab)Estimated
IFRS Marugame. 売上原価 24.0 food; labor/rent in SG&A. Op margin 3.2 depressed by ¥8.07bn impairment; 事業利益 margin 6.8%. Rent understated (IFRS16).
Delivery commission—
FYE2025-03Gap
IFRS Marugame. 売上原価 24.0 food; labor/rent in SG&A. Op margin 3.2 depressed by ¥8.07bn impairment; 事業利益 margin 6.8%. Rent understated (IFRS16).
Marketing—
FYE2025-03Gap
IFRS Marugame. 売上原価 24.0 food; labor/rent in SG&A. Op margin 3.2 depressed by ¥8.07bn impairment; 事業利益 margin 6.8%. Rent understated (IFRS16).
Operating margin3.2%
FYE2025-03· group (after impairment); 事業利益 6.8%S1 official primary (opens in new tab)Source-backed
IFRS Marugame. 売上原価 24.0 food; labor/rent in SG&A. Op margin 3.2 depressed by ¥8.07bn impairment; 事業利益 margin 6.8%. Rent understated (IFRS16).
Not separately disclosed38.2%

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.

Fujitsu LimitedTSE:6702
Tech / SaaS
discloses as: TORIDOLL Holdings Corporation
—named (no % disclosed)S3 newssource (opens in new tab)
Yamato Manufacturing Co. (大和製作所 / Yamato Mfg.)
Other
discloses as: TORIDOLL Holdings Corporation
—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 proxyCOLOWIDE CO.,LTD.Revenue proxyKura Sushi,Inc.Company-operated revenue (proxy)

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