Medium-Term Management Plan

We have prepared the Medium-Term Management Plan (for the fiscal years ending October 2026 through October 2028) using a rolling planning approach.

Mid- to Long-Term Vision

Through the organic growth of our domestic business and the proactive expansion of our overseas operations, we aim to achieve a 50% share of the global ramen market over the medium to long term and become a company that delivers the finest ramen to customers around the world.

Diagram presenting the medium- to long-term management plan, targeting growth from FY2025 to FY2028: revenue from ¥35.8 billion to ¥63.0 billion, operating profit from ¥3.3 billion to ¥6.3 billion, and store count from 901 to 1,316. It shows a strategy to strengthen overseas operations on the foundation of stable domestic growth, with a long-term goal of reaching 50% market share in both domestic and overseas ramen markets under the vision of becoming a company that delivers the best ramen worldwide.

Basic Strategy

Under this Medium-Term Management Plan, we aim to achieve net sales of ¥63.0 billion and operating profit of ¥6.3 billion in the fiscal year ending October 2028. Through the expansion of our Company-Operated Restaurant Business and Produce Business, as well as the promotion of digital transformation (DX), we seek to achieve sustainable growth.

Quantitative Targets

	FY2025	FY2026	FY2027	FY2028
Net Sales	358(¥100 million)	430(¥100 million)	520(¥100 million)	630(¥100 million)
Operating Profit	33(¥100 million)	44(¥100 million)	52(¥100 million)	63(¥100 million)

*FY2027 and FY2028 projections are based on the assumption that same-store sales will remain at 100% year over year.

Domestic Store Count	865Stores	964Stores	1,074Stores	1,194Stores
Company-Operated Stores	280Stores	339Stores	409Stores	489Stores
Franchise & Produce Stores	585Stores	625Stores	665Stores	705Stores
Overseas Store Count	36Stores	55Stores	82Stores	122Stores
Company-Operated & JV Stores	7Stores	12Stores	20Stores	36Stores
Franchise & Produce Stores	29Stores	43Stores	62Stores	86Stores
Total Store Count	901Stores	1,019Stores	1,156Stores	1,316Stores
Company-Operated & JV Stores	287Stores	351Stores	429Stores	525Stores
Franchise & Produce Stores	614Stores	668Stores	727Stores	791Stores

Key Themes and Initiatives

Key Themes	Overview of Initiatives
Expansion of Existing Businesses	① Improve quality per store ② Extend business hours, including trial introduction of 24-hour operations NEW
Talent Acquisition	③ Strengthen recruitment capabilities ④ Implement measures to reduce turnover
Strengthening Store Opening Capabilities	⑤ Expand store-opening potential for existing formats through model development openings ⑥ Expand store-opening potential through M&A and new formats developed in-house
Overseas Expansion	⑦ Recruit and develop overseas talent ⑧ Establish a food ingredient supply system
Strengthening Manufacturing Capabilities	⑨ Reduce manufacturing costs ⑩ Improve manufacturing quality ⑪ Maintain a stable supply system
Strengthening Purchasing and Logistics Systems	⑫ Optimize logistics costs ⑬ Improve delivery frequency and delivery quality, including 365-day and next-day delivery ⑭ Promote simplification and standardization through automatic ordering ⑮ Improve food ingredient quality and reduce costs through scaled-up procurement
DX	⑯ Establish a management system using AI NEW
Sustainability	⑰ Promote sustainability management and enhance disclosure