Saint Marc Holdings reported consolidated results for the first quarter of fiscal year ending March 2027, with net sales of 22.061 billion yen (up 2.9% year-on-year), but operating profit of 589 million yen (down 42.2%), ordinary profit of 563 million yen (down 41.8%), and net profit of 227 million yen (down 45.6%), marking a significant decline in profits. The company struggled to pass on rising raw material and labor costs through price increases, and while its coffee business is working on price adjustments, profitability deteriorated on a company-wide basis. The full-year forecast (net sales of 93 billion yen, operating profit of 5.3 billion yen, ordinary profit of 5.1 billion yen, and net profit of 2.9 billion yen) remains unchanged, but the first-quarter profit progress rate is only around 10%. Additionally, the company expanded its shareholder benefit program, adding 10 new restaurant formats such as Gyukatsu Kyoto Katsugyu to the discount list, while also introducing a new continuous holding requirement from the March 2027 period, which requires shares to be held as of the end of September.
Saint Marc Holdings Co., Ltd.Q1 profits plunged significantly, missing expectations, with weak progress toward full-year forecast.
