9861
YOSHINOYA HOLDINGS CO.,LTD.
株式会社吉野家ホールディングス
Consumer Cyclical · Restaurants
Yoshinoya Holdings Co., Ltd., through its subsidiaries, owns and operates restaurants in Japan and internationally. It also involved in management of beef bowl and other fast food restaurants and management advisory for franchised stores; self-service sanuki-style udon noodle; and business investment, fund management and franchisee recruitment. Yoshinoya Holdings Co., Ltd. was founded in 1899 and is headquartered in Tokyo, Japan.
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Overview
Filings & Signals
Ownership
Financials
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Income Statement
Balance Sheet
Cash Flow
Ratios & Per Share
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Net Sales
¥225.7B
¥205.0B
¥187.5B
¥168.1B
¥153.6B
Cost of Sales
¥85.7B
¥73.8B
¥66.4B
¥59.8B
¥51.8B
Gross Profit
¥140.0B
¥131.2B
¥121.1B
¥108.3B
¥101.8B
SG&A
¥131.9B
¥123.8B
¥113.1B
¥104.9B
¥99.4B
Operating Income
¥8.1B
¥7.3B
¥8.0B
¥3.4B
¥2.4B
Non-Operating Income
¥1.5B
¥1.8B
¥1.5B
¥6.4B
¥14.9B
Dividend Income
¥1M
¥1M
¥1M
¥1M
¥1M
Interest Income
¥166M
¥211M
¥225M
¥173M
¥87M
Non-Operating Expenses
¥831M
¥1.1B
¥840M
¥1.1B
¥1.6B
Interest Expense
¥372M
¥320M
¥338M
¥411M
¥478M
Ordinary Income
¥8.8B
¥8.0B
¥8.6B
¥8.7B
¥15.6B
Pre-tax Income
¥7.9B
¥6.4B
¥8.3B
¥9.0B
¥13.3B
Income Taxes
¥3.2B
¥2.4B
¥2.6B
¥1.9B
¥5.2B
Current Tax
¥3.2B
¥2.5B
¥2.6B
¥1.5B
¥3.9B
Deferred Tax
¥-3M
¥-55M
¥-50M
¥384M
¥1.3B
Net Income (owners)
¥4.7B
¥3.8B
¥5.6B
¥7.2B
¥8.1B
Minority Interest
¥78M
¥129M
¥56M
¥-189M
¥53M
Comprehensive Income
¥4.8B
¥5.2B
¥6.2B
¥7.6B
¥8.9B
EBITDA
¥15.9B
¥14.3B
¥14.3B
¥9.8B
¥8.9B
Goodwill Amort. (J-GAAP)
¥164M
¥123M
¥113M
¥196M
¥256M
EPS
¥72.08
¥58.78
¥86.63
¥111.86
¥125.54
Shares Outstanding
64.7M
64.7M
64.7M
64.7M
64.7M
Shares Issued (total)
65.1M
65.1M
65.1M
65.1M
65.1M
Treasury Shares
0.4M
0.4M
0.4M
0.5M
0.5M
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥124.8B
¥119.1B
¥112.9B
¥108.2B
¥112.2B
Current Assets
¥41.9B
¥38.3B
¥43.8B
¥43.7B
¥49.7B
Cash & Deposits
¥21.6B
¥20.6B
¥27.3B
¥24.2B
¥35.2B
Trade Receivables
¥6.8B
¥5.9B
¥5.1B
¥6.1B
—
Non-Current Assets
¥83.0B
¥80.8B
¥69.2B
¥64.6B
¥62.5B
PP&E
¥58.8B
¥55.7B
¥45.0B
¥39.1B
¥34.8B
Goodwill
¥1.9B
¥2.1B
¥1.1B
¥1.2B
¥1.4B
Intangible Assets
¥3.8B
¥3.7B
¥2.8B
¥3.2B
¥3.7B
Investment Securities
¥2.9B
¥2.9B
¥2.5B
¥2.4B
¥3.6B
Deferred Tax Assets
¥2.4B
¥2.4B
¥2.2B
¥2.1B
¥2.5B
Total Liabilities
¥56.1B
¥54.3B
¥52.1B
¥52.6B
¥63.5B
Current Liabilities
¥36.0B
¥34.8B
¥30.8B
¥28.4B
¥32.2B
Accounts Payable
¥6.3B
¥7.2B
¥5.5B
¥4.8B
¥4.1B
ST Debt
¥10.4B
¥10.5B
¥8.8B
¥10.5B
¥12.7B
Taxes Payable
¥1.8B
¥1.3B
¥1.7B
¥151M
¥2.8B
Non-Current Liabilities
¥20.1B
¥19.5B
¥21.2B
¥24.2B
¥31.3B
Total LT Borrowings
¥6.8B
¥7.0B
¥9.5B
¥13.7B
¥22.4B
Pension Obligations
—
¥3M
¥244M
¥245M
¥255M
Deferred Tax Liab.
¥125M
¥138M
¥31M
¥18M
¥0M
Total Equity
¥68.7B
¥64.8B
¥60.8B
¥55.6B
¥48.7B
Capital Stock
¥10.3B
¥10.3B
¥10.3B
¥10.3B
¥10.3B
Capital Surplus
¥11.4B
¥11.4B
¥11.4B
¥11.4B
¥11.5B
Retained Earnings
¥46.4B
¥42.8B
¥40.3B
¥35.5B
¥29.0B
Treasury Stock
¥-499M
¥-517M
¥-531M
¥-548M
¥-572M
AOCI
¥363M
¥276M
¥-991M
¥-1.5B
¥-2.1B
Equity (owners)
¥67.6B
¥63.9B
¥61.4B
¥56.6B
¥50.2B
Minority Interests
¥720M
¥634M
¥489M
¥491M
¥638M
Total Interest-Bearing Debt ⓘ
¥17.2B
¥17.6B
¥18.4B
¥24.2B
¥35.1B
Net Cash ⓘ
¥4.5B
¥3.0B
¥9.0B
¥-9M
¥54M
NCAV ⓘ
¥-14.2B
¥-16.0B
¥-8.3B
¥-9.0B
¥-13.7B
NCAV/Share
¥-220
¥-247
¥-129
¥-139
¥-213
BV/Share
¥1,045
¥988
¥948
¥876
¥777
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥14.7B
¥13.3B
¥20.1B
¥7.2B
¥23.4B
Taxes Paid
—
—
—
—
¥-1.1B
Interest Paid
¥-369M
¥-282M
¥-364M
¥-415M
¥-464M
Interest Received
¥233M
¥149M
¥165M
¥179M
¥95M
D&A
¥7.7B
¥6.8B
¥6.3B
¥6.1B
¥6.3B
Goodwill Amort.
¥164M
¥123M
¥113M
¥196M
¥256M
Investing CF
¥-10.1B
¥-14.4B
¥-8.3B
¥-4.0B
¥-333M
CapEx
¥10.1B
¥13.3B
¥9.4B
¥6.1B
¥3.0B
Proceeds from Invest.
¥21M
—
—
—
—
Financing CF
¥-3.4B
¥-6.0B
¥-9.0B
¥-14.2B
¥-26.0B
Dividends Paid
¥-1.4B
¥-1.3B
¥-838M
¥-650M
¥-329M
Share Buybacks
¥-3M
¥-6M
¥-4M
¥-2M
¥-2M
LT Debt Repaid
¥-6.5B
¥-7.7B
¥-9.0B
¥-10.4B
¥-6.8B
Free Cash Flow
¥4.6B
¥-41M
¥10.7B
¥1.2B
¥20.5B
Net Change in Cash
¥1.2B
¥-6.8B
¥2.9B
¥-10.8B
¥-2.6B
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
7.1%
6.1%
9.7%
14.0%
18.5%
ROA
3.8%
3.3%
5.1%
6.6%
7.2%
EPS
¥72.08
¥58.78
¥86.63
¥111.86
¥125.54
DPS
¥22.00
¥20.00
¥18.00
¥10.00
¥10.00
BPS
¥1,050.45
¥991.79
¥932.99
¥852.07
¥743.85
FCF/Share
¥71
¥-1
¥165
¥18
¥317
NCAV/Share
¥-220
¥-247
¥-129
¥-139
¥-213
Payout Ratio
30.5%
34.0%
20.8%
8.9%
8.0%
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 11
Date Activist Stake Event Flag Demands Source
2026-04-06
Sumitomo Mitsui Trust Asset Management Co.,Ltd.
4.54%
-0.65%
change
Passive
—
2025-09-19
Sumitomo Mitsui Trust Asset Management Co.,Ltd.
5.19%
-0.04%
change
Passive
—
2025-08-06
Sumitomo Mitsui Trust Asset Management Co.,Ltd.
5.23%
-0.02%
change
Passive
—
2025-06-19
Sumitomo Mitsui Trust Asset Management Co.,Ltd.
5.25%
-0.05%
change
Passive
—
2025-04-21
Sumitomo Mitsui Trust Asset Management Co.,Ltd.
5.3%
+0.26%
change
Passive
—
2024-12-19
Sumitomo Mitsui Trust Asset Management Co.,Ltd.
5.04%
+0.15%
initial_5pct
Passive
—
2023-12-21
Sumitomo Mitsui Trust Asset Management Co.,Ltd.
4.89%
-0.41%
change
Passive
—
2023-09-19
Mitsubishi UFJ Financial Group Inc.
3.25%
-1.84%
change
Passive
—
2023-08-04
Sumitomo Mitsui Trust Asset Management Co.,Ltd.
5.3%
change
Passive
—
2023-07-31
Mitsubishi UFJ Financial Group Inc.
5.09%
-0.01%
change
Passive
—
2023-07-03
Mitsubishi UFJ Financial Group Inc.
5.1%
initial_5pct
Passive
—
Top 10 Shareholders
Ownership DNA
Cross-Holdings Tracker 1
#
Shareholder
Shares (thou.)
% of Total
1
The Master Trust Bank of Japan, Ltd. (Trust Account)
日本マスタートラスト信託銀行㈱
6,733,100
10.40%
2
Custody Bank of Japan, Ltd. (Trust Account)
㈱日本カストディ銀行
1,257,300
1.94%
3
吉翔会
829,400
1.28%
4
大和証券㈱
638,208
0.99%
5
大樹生命保険㈱
557,700
0.86%
6
BCSL CLIENT RE BBPLC NYBR(常任代理人 バークレイズ証券㈱)
346,811
0.54%
7
ハニューフーズ㈱
326,800
0.50%
8
iShares Core MSCI EAFE ETF(常任代理人 シティバンク、エヌ・エイ東京支店)
292,900
0.45%
9
BOFAS INC SEGREGATION ACCOUNT(常任代理人 BOFA証券㈱)
279,418
0.43%
10
サントリー㈱
278,000
0.43%
Domestic Nominees
12.3%
-2.9% vs 2025
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
0.0%
-0.6% vs 2025
Sub-custodians for foreign asset managers
Direct / Strategic
5.5%
+1.2% vs 2025
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
2026
日本マスタートラスト信託銀行
11.43%
10.41%
11.47%
10.40%
-1.07%
日本カストディ銀行
2.72%
2.42%
3.78%
1.94%
-1.84%
吉翔会
1.31%
1.28%
1.25%
1.28%
+0.03%
大和証券
—
—
0.59%
0.99%
+0.40%
大樹生命保険
0.86%
0.86%
0.86%
0.86%
BCSL CLIENT RE BBPLC NYBR
NEW ENTRY
—
—
—
—
0.54%
NEW
ハニューフーズ
0.51%
0.51%
0.50%
0.50%
iShares Core MSCI EAFE ETF
NEW ENTRY
—
—
—
—
0.45%
NEW
サントリー
0.43%
—
0.43%
0.43%
BOFAS INC SEGREGATION ACCOUNT
NEW ENTRY
—
—
—
—
0.43%
NEW
State Street
last seen 2025
Exited Top 10
0.60%
2.82%
0.58%
—
国分グループ本社
last seen 2025
Exited Top 10
—
—
0.36%
—
吉野家ホールディングス従業員持株会
last seen 2025
Exited Top 10
—
—
0.33%
—
JP Morgan
last seen 2024
Exited Top 10
—
0.74%
—
—
JPモルガン証券
last seen 2024
Exited Top 10
—
0.92%
—
—
㈱ヤマタネ
last seen 2023
Exited Top 10
0.39%
—
—
—
BofA 証券
last seen 2023
Exited Top 10
0.44%
—
—
—
キユーピー
last seen 2023
Exited Top 10
0.42%
—
—
—
Concentration (HHI)
ⓘ
142
126
150
116
4 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥22M
+69% since 2024
Holdings
1
Trend
1 building
vs 2024
Held Company
FY2026
¥22M total
FY2024
¥13M total
Book Val ¥M
Shares
Book Val ¥M
Shares
Yamatane Corporation
株式会社ヤマタネ
22
+100.0%
↑
9,800
13
4,900
M
Portfolio total
22
13
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding