For the year ended 31 March in Japan, net profit rose to Y2.23 billion from Y1.25 billion, while revenue increased to Y300.09 billion from Y269.16 billion.
Pretax profit climbed to Y6.55 billion from Y4.78 billion, and earnings per share doubled to Y15.73 from Y7.45.
The restaurant operator said the results were prepared under IFRS accounting standards, showing broad year-on-year improvement across sales, pretax earnings and bottom-line profit.
Beyond M&A, how is Colowide using technology to dominate Japan's fiercely competitive dining market?
Is Colowide's success a model for growth, or does it signal the end for Japan's independent restaurants?
With profits doubling from acquisitions, what hidden debt and integration risks threaten Colowide's future?