Kakiyasu Honten Co.,Ltd. (2294) Stock Price

Kakiyasu Honten Co., Ltd. manufactures and sells fresh meat, prepared foods, Japanese sweets, and beef shigureni (simmered beef), while also operating restaurants. The company operates specialty stores offering Matsusaka beef and its proprietary brand "Mie Kakiyasu Beef," along with nationally recognized beef, pork, chicken, and processed meat products, as well as prepared foods. To provide safe and delicious beef, the company sources from contract farms and maintains in-house processing operations, offering both store sales and direct-from-source gift delivery.

In the prepared foods business, the company operates "Kakiyasu Dining" and "Kakiyasu Shanghai DELI" featuring Western and Chinese prepared dishes, primarily in department stores. It also operates "Kakiyasu Gyudon," a specialty shop for black wagyu beef rice bowls, as well as street-front locations. The dining division emphasizes visually appealing and safe prepared dishes made with carefully selected ingredients.

In the Japanese sweets business, "Kofukudo" manufactures and sells standard items such as ohagi, dorayaki, warabi mochi, daifuku, and dango, along with seasonal products. Additionally, "Kakijiro" provides Japanese sweets and prepared foods primarily at highway service areas.

The restaurant business is operated by KH Food Service Co., Ltd., and includes the "Kakiyasu" kaiseki division serving Matsusaka beef sukiyaki, shabu-shabu, and Japanese cuisine; grill divisions such as "Kakiyasu Meat Meet"; food court divisions including "Kakiyasu Meat Express"; and a Chinese buffet division.

The food products business features "Ryotei Shigureni" as its flagship product, offering retort foods such as "Kakiyasu Shigureni Donburi" and "Takikomi Gohan no Moto" (seasoned rice mix), bottled product series, and premium products under the "KAKIYASU PREMIUM" line. Shigureni is produced using traditional methods from Kuwana City, Mie Prefecture, and is softly simmered for use ranging from personal consumption to gifts.

Kakiyasu Honten Co., Ltd. has established a strategy to continue growing while responding to changing consumer needs. The company leverages its strength as a comprehensive food company spanning home meals, prepared foods, and restaurant dining, with an emphasis on flexible adaptation. Based on its management philosophy of "providing delicious food at great value," the company pursues business renewal through the development of new business formats and products.

The company positions "Nurturing Deliciousness" as its corporate message, valuing commitment to ingredients, craftsman expertise, and hospitality. Through this approach, it aims to continuously deliver high value to consumers. The company also uses operating profit margin as a key performance indicator, achieving 4.2% in the fiscal year ending April 2025. Going forward, it will continue to improve existing stores and open new locations to enhance profitability.

A priority challenge is addressing cost increases from rising raw material and energy prices. Kakiyasu Honten will continue practicing "Kakiyasu's commitment" rooted in tradition, providing products and services that deliver high value to consumers. Through operational reviews and efficiency improvements, the company is pursuing company-wide cost reduction to secure profits.

Furthermore, the company aims to contribute to society through "creating a rich food culture." By doing so, it seeks to foster regional food culture and remain a company supported by consumers. Kakiyasu Honten will maintain pride in its brand while responding to society's challenges and expectations.