9973
KOZO Holdings Co., Ltd.
KOZOホールディングス株式会社
Consumer Cyclical · Restaurants
KOZO Holdings Co.,Ltd. engages in the retail, food and beverage, and distribution businesses. It operates and franchises Kozo Sushi chain. The company was formerly known as Kozosushi Co., LTD. and changed its name to KOZO Holdings Co.,Ltd. in June 2024. KOZO Holdings Co.,Ltd. was founded in 1964 and is headquartered in Tokyo, Japan
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Overview
Filings & Signals
Ownership
Financials
▾ Collapse Charts
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
¥19.4B
¥18.1B
¥13.1B
¥10.3B
¥8.0B
Cost of Sales
¥12.0B
¥11.3B
¥7.9B
¥5.2B
¥4.3B
Gross Profit
¥7.4B
¥6.8B
¥5.2B
¥5.1B
¥3.7B
SG&A
¥7.7B
¥7.2B
¥5.4B
¥5.7B
¥3.7B
Operating Income
¥-296M
¥-427M
¥-237M
¥-614M
¥-38M
Non-Operating Income
¥73M
¥36M
¥57M
¥109M
¥32M
Interest Income
¥6M
¥11M
¥8M
¥7M
¥1M
Non-Operating Expenses
¥80M
¥68M
¥33M
¥76M
¥82M
Interest Expense
¥22M
¥23M
¥15M
¥28M
¥36M
Ordinary Income
¥-303M
¥-459M
¥-214M
¥-581M
¥-88M
Pre-tax Income
¥-639M
¥-722M
¥-271M
¥-901M
¥-545M
Income Taxes
¥46M
¥61M
¥68M
¥54M
¥74M
Current Tax
¥45M
¥61M
¥69M
¥43M
¥51M
Deferred Tax
¥1M
¥1M
¥-1M
¥11M
¥23M
Net Income (owners)
¥-684M
¥-783M
¥-339M
¥-954M
¥-620M
Minority Interest
¥-0M
¥-1M
¥-1M
¥-1M
¥1M
Comprehensive Income
¥-744M
¥-759M
¥-364M
¥-980M
¥-621M
EBITDA
¥-151M
¥-284M
¥-144M
¥-434M
¥71M
Goodwill Amort. (J-GAAP)
¥78M
¥60M
¥44M
¥54M
¥16M
EPS
¥-2.54
¥-3.44
¥-1.66
¥-5.48
¥-4.31
Shares Outstanding
334.6M
239.8M
205.8M
193.1M
164.8M
Shares Issued (total)
334.6M
239.8M
205.8M
193.1M
164.9M
Treasury Shares
0.0M
0.0M
0.0M
0.0M
0.0M
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥5.7B
¥6.0B
¥5.6B
¥3.2B
¥6.2B
Current Assets
¥3.5B
¥3.5B
¥3.4B
¥1.2B
¥3.3B
Cash & Deposits
¥975M
¥1.1B
¥997M
¥426M
¥1.2B
Inventories
—
—
—
¥173M
¥403M
Non-Current Assets
¥2.2B
¥2.5B
¥2.2B
¥2.0B
¥2.9B
PP&E
¥880M
¥902M
¥678M
¥449M
¥1.1B
Goodwill
¥277M
¥616M
¥355M
¥400M
¥749M
Intangible Assets
¥291M
¥623M
¥359M
¥401M
¥800M
Investment Securities
¥16M
¥16M
¥26M
¥1M
¥22M
Deferred Tax Assets
—
¥2M
¥2M
¥2M
¥14M
Total Liabilities
¥5.3B
¥5.9B
¥5.3B
¥2.8B
¥5.5B
Current Liabilities
¥3.7B
¥4.0B
¥3.6B
¥1.6B
¥3.0B
Accounts Payable
¥2.3B
¥2.3B
¥2.1B
¥525M
¥863M
ST Debt
¥211M
¥205M
¥228M
¥103M
¥301M
Taxes Payable
¥54M
¥50M
¥37M
¥54M
¥146M
Non-Current Liabilities
¥1.6B
¥1.9B
¥1.8B
¥1.2B
¥2.5B
Total LT Borrowings
¥571M
¥821M
¥970M
¥457M
¥993M
Deferred Tax Liab.
—
—
—
—
¥3M
Total Equity
¥397M
¥130M
¥292M
¥447M
¥685M
Capital Stock
¥929M
¥413M
¥115M
¥888M
¥511M
Capital Surplus
¥1.4B
¥862M
¥563M
¥975M
¥599M
Retained Earnings
¥-1.8B
¥-1.1B
¥-350M
¥-1.4B
¥-417M
Treasury Stock
¥-7M
¥-7M
¥-7M
¥-7M
¥-7M
AOCI
¥-89M
¥-29M
¥-53M
¥-29M
¥-4M
Equity (owners)
¥461M
¥135M
¥320M
¥449M
¥685M
Minority Interests
¥23M
¥24M
¥24M
¥25M
¥1M
Total Interest-Bearing Debt ⓘ
¥782M
¥1.0B
¥1.2B
¥560M
¥1.3B
Net Cash ⓘ
¥192M
¥100M
¥-201M
¥-134M
¥-117M
NCAV ⓘ
¥-1.8B
¥-2.4B
¥-1.9B
¥-1.5B
¥-2.2B
NCAV/Share
¥-5
¥-10
¥-9
¥-8
¥-14
BV/Share
¥1
¥1
¥2
¥2
¥4
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥-782M
¥-49M
¥204M
¥-607M
¥131M
Interest Paid
¥-21M
¥-19M
¥-19M
¥-21M
¥-36M
Interest Received
¥6M
¥7M
¥9M
¥9M
¥1M
D&A
¥67M
¥84M
¥49M
¥126M
¥94M
Goodwill Amort.
¥78M
¥60M
¥44M
¥54M
¥16M
Investing CF
¥-132M
¥-170M
¥303M
¥-220M
¥752M
CapEx
¥55M
¥207M
¥52M
¥160M
¥290M
Purchase Investments
—
¥-0M
¥-15M
¥-6M
¥-45M
Proceeds from Invest.
—
¥10M
¥5M
¥19M
¥29M
Financing CF
¥760M
¥359M
¥50M
¥79M
¥132M
Share Buybacks
—
—
—
—
¥-0M
LT Debt Repaid
¥-244M
¥-214M
¥-105M
¥-433M
¥-128M
Free Cash Flow
¥-837M
¥-257M
¥152M
¥-767M
¥-159M
Net Change in Cash
¥-151M
¥128M
¥559M
¥-748M
¥1.0B
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
-286.7%
-420.1%
-101.5%
-224.8%
-126.1%
ROA
-11.7%
-13.5%
-7.7%
-20.3%
-10.0%
EPS
¥-2.54
¥-3.44
¥-1.66
¥-5.48
¥-4.31
BPS
¥1.26
¥0.44
¥1.30
¥2.17
¥4.05
FCF/Share
¥-3
¥-1
¥1
¥-4
¥-1
NCAV/Share
¥-5
¥-10
¥-9
¥-8
¥-14
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 25
Date Activist Stake Event Flag Demands Source
2026-03-12
JFLA Holdings Inc.
5.46%
-1.41%
change
Passive
—
2025-08-15
Macquarie Bank Limited
2.81%
-3.14%
change
Passive
—
2025-07-07
Macquarie Bank Limited
5.95%
-8.22%
change
Passive
—
2025-07-04
Macquarie Bank Limited
14.17%
-1.27%
change
Passive
—
2025-07-02
Macquarie Bank Limited
15.44%
-1.26%
change
Passive
—
2025-06-24
Macquarie Bank Limited
16.7%
-1.36%
change
Passive
—
2025-06-13
Macquarie Bank Limited
18.06%
-0.84%
change
Passive
—
2025-05-08
Macquarie Bank Limited
18.9%
-1.0%
change
Passive
—
2025-04-23
JFLA Holdings Inc.
6.87%
correction
Passive
—
2025-04-18
Macquarie Bank Limited
19.9%
-1.06%
change
Passive
—
2025-04-17
Macquarie Bank Limited
21.05%
correction
Passive
—
2025-04-17
Macquarie Bank Limited
20.96%
-0.09%
change
Passive
—
2025-04-15
Macquarie Bank Limited
20.05%
+17.21%
initial_5pct
Passive
—
2025-04-15
JFLA Holdings Inc.
6.87%
change
Passive
—
2025-04-08
JFLA Holdings Inc.
6.87%
change
Passive
—
2025-04-01
JFLA Holdings Inc.
6.87%
-1.18%
change
Passive
—
2024-07-12
Macquarie Bank Limited
2.84%
-4.12%
change
Passive
—
2024-06-28
Macquarie Bank Limited
6.96%
-1.29%
change
Passive
—
2024-05-31
Macquarie Bank Limited
8.25%
-1.04%
change
Passive
—
2024-05-16
Macquarie Bank Limited
9.29%
-1.02%
change
Passive
—
2024-03-29
Macquarie Bank Limited
10.31%
-1.0%
change
Passive
—
2024-02-19
Macquarie Bank Limited
11.31%
-3.41%
change
Passive
—
2024-02-15
Macquarie Bank Limited
14.72%
-0.17%
change
Passive
—
2024-02-08
Macquarie Bank Limited
14.89%
initial_5pct
Passive
—
2023-06-27
JFLA Holdings Inc.
8.05%
change
Passive
—
Top 10 Shareholders
Ownership DNA
Cross-Holdings Tracker 1
#
Shareholder
Shares (thou.)
% of Total
1
株式会社アスラポート
10,512
3.57%
2
HSIグローバル株式会社
9,097
3.09%
3
阪神酒販株式会社
8,540
2.90%
4
楽天証券株式会社共有口
5,082
1.72%
5
東京短資株式会社
4,000
1.36%
6
MACQURIE BANK LIMITED DBU AC
3,000
1.02%
7
株式会社JFLAホールディングス
2,973
1.01%
8
日本証券金融株式会社
2,596
0.88%
9
株式会社SBI証券
2,204
0.75%
10
佐藤 俊寛
1,900
0.64%
Domestic Nominees
0.0%
+0.0% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
0.0%
+0.0% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
16.9%
-2.5% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
式会社アスラポート
6.57%
5.63%
3.57%
-2.06%
HSIグローバル
NEW ENTRY
—
—
—
3.09%
NEW
阪神酒販
NEW ENTRY
4.15%
—
2.90%
NEW
楽天証券株式会社共有口
NEW ENTRY
—
—
—
1.72%
NEW
東京短資
—
1.66%
1.36%
-0.30%
MACQURIE BANK LIMITED DBU AC
NEW ENTRY
—
—
—
1.02%
NEW
式会社JFLAホールディングス
1.44%
1.23%
1.01%
-0.22%
日本証券金融
NEW ENTRY
—
—
—
0.88%
NEW
式会社SBI証券
NEW ENTRY
—
—
—
0.75%
NEW
佐藤 俊寛
NEW ENTRY
—
—
—
0.64%
NEW
檜垣 周作
last seen 2024
Exited Top 10
—
7.35%
—
賀 礼
last seen 2024
Exited Top 10
—
0.77%
—
荒井 豊
last seen 2024
Exited Top 10
—
0.62%
—
楽天証券
last seen 2024
Exited Top 10
1.42%
0.60%
—
田中 秀夫
last seen 2024
Exited Top 10
0.68%
0.57%
—
マネックス証券
last seen 2024
Exited Top 10
—
0.54%
—
エービーエヌ・アムロ・クリアリング証券
last seen 2024
Exited Top 10
—
0.51%
—
JPモルガン証券
last seen 2023
Exited Top 10
0.63%
—
—
HSIグローバル
last seen 2023
Exited Top 10
4.42%
—
—
佐々木 康晴
last seen 2023
Exited Top 10
0.51%
—
—
豊岡 幸治
last seen 2023
Exited Top 10
0.55%
—
—
高田 小弥太
last seen 2023
Exited Top 10
0.59%
—
—
Concentration (HHI)
ⓘ
86
92
39
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥15M
+0% since 2023
Holdings
1
Trend
Stable
vs 2023
Held Company
FY2025
¥15M total
FY2023
¥15M total
Book Val ¥M
Shares
Book Val ¥M
Shares
インスマート株式会社
15
1,490
15
1,490
Portfolio total
15
15
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding