Updated
Updated · MarketWatch · May 8
Sushiro Global Holdings 1H net profit rises
Updated
Updated · MarketWatch · May 8

Sushiro Global Holdings 1H net profit rises

7 articles · Updated · MarketWatch · May 8
  • For the half year ended 31 March, net profit rose to Y17.79bn from Y11.87bn, while revenue increased to Y254.18bn from Y203.81bn.
  • Operating profit climbed to Y28.08bn from Y19.54bn and pretax profit to Y27.12bn from Y18.21bn, with earnings per share rising to Y156.81.
  • The Japanese restaurant group said the results were prepared under IFRS, with diluted earnings per share improving to Y154.95 from Y103.69.
With its home market's tuna appetite declining, how is Japan's top sushi chain fueling its record growth and global expansion?
As profits surge, can Sushiro's low-cost model satisfy rising sustainability demands while navigating volatile global seafood prices?