Y's table corporation (2798) Stock Price

Market cap
¥9.8B
P/E ratio
23.3x
Wise Table Corporation operates luxury restaurants like XEX and The Kitchen Salvatore Cuomo alongside casual dining brands including PIZZA SALVATORE CUOMO across Japan.

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Business Overview

Wise Table Corporation primarily operates restaurant businesses. The company is structured as a group that includes one consolidated subsidiary and one equity-method affiliate. Its operations are mainly divided between luxury restaurants and casual restaurants.

In the luxury restaurant segment, the company operates primarily through "XEX," a multi-concept venue. It also operates brands including "The Kitchen Salvatore Cuomo" and "CÉ LA VI TOKYO." These establishments aim to provide distinctive dining experiences.

In the casual restaurant segment, the company operates brands such as "PIZZA SALVATORE CUOMO" and "SALVATORE CUOMO & BAR." These restaurants offer accessible Italian cuisine and also conduct franchise operations.

Other business operations include staffing services and paid employment placement services, which are currently suspended. Additionally, subsidiary Wise Partners Inc. is dormant. As a result, the company's current focus is concentrated on restaurant operations.

Management Policy

Wise Table Corporation is advancing its growth strategy centered on restaurant operations. The company operates upscale restaurants under the "XEX" brand and casual restaurants under "PIZZA SALVATORE CUOMO," with a core policy of providing high-quality cuisine using safe and reliable ingredients. Through this approach, the company aims to continuously deliver high-value offerings to customers.

The company prioritizes revenue and operating profit as key performance indicators, focusing on maintaining sales at existing locations and improving profit margins through operational efficiency. Over the medium to long term, the company emphasizes providing customers with comfortable dining experiences while strengthening its revenue structure and financial foundation. Specifically, the XEX Group is working to enhance brand value and increase added value, while the casual restaurant group is developing new store models and expanding into new markets.

Amid industry-wide challenges including labor shortages and rising costs, Wise Table Corporation is pursuing higher-value offerings and capturing inbound tourism demand. Leveraging the growth in international visitors, the company is strengthening partnerships with luxury hotels and travel agencies while focusing on expanding its Japanese cuisine business. In the casual Italian dining segment, the company is opening new locations in suburban shopping centers and hotel properties.

To address labor shortages and cost increases, the company is raising wage levels and improving workplace environments to enhance employee retention. Additionally, the company is controlling costs through supply chain optimization and operational efficiency improvements, while considering price increases that customers will understand. Financially, the company aims to strengthen its financial position through improved profitability.

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