KOURAKUEN CORPORATION【JP:7554】Stock Price

Kourakukan operates a food service business primarily focused on chain management of ramen restaurants and Western/Japanese cuisine establishments. On October 1, 2024, the company completed an absorption merger of its wholly-owned subsidiary, Kourakukan Co., Ltd., unifying its management structure. Following this merger, Kourakukan now operates as a standalone business.

Kourakukan's business segment consists solely of the "Ramen Business," which manufactures and directly sells ramen and gyoza (dumplings). As a result, segment information disclosure has been omitted. The ramen business serves as Kourakukan's primary revenue source.

Kourakukan also operates a franchise business. This includes recruiting franchise partners and providing them with ingredients such as noodles and broth, consumables, and management guidance. Additionally, the company handles store interior design and construction management, architectural design and supervision, sales of kitchen equipment, and production and sales of printed materials.

As part of its other food service operations, Kourakukan also sells Western and Japanese cuisine, positioning itself to meet diverse dining needs. On October 1, 2024, the company changed its corporate name from "Kourakukan Holdings Co., Ltd." to "Kourakukan Co., Ltd."

Kourakuen has adopted "return to basics" as its management policy, focusing on enhancing the appeal of dining through improved product development and streamlined menus, rebuilding QSC (quality, service, and cleanliness) across all locations, and providing a safe and secure dining environment. Through these efforts, the company aims to contribute to community development and increase corporate value.

As the first year of its medium-term management plan (fiscal year ending March 2026 through March 2028), the company is executing "Kourakuen Resilience." Utilizing capital procurement, it is advancing store renovations to strengthen brand image and expanding production capacity. Specifically, the company is expanding production capacity at its Koriyama and Odawara facilities to support sales initiatives.

Additionally, Kourakuen is reconstructing its headquarters, factories, network of over 300 stores, and systems to ensure it can provide meals to customers without stockouts. Furthermore, in a rising interest rate environment, the company is optimizing its debt balance and working to reduce financial costs. Through these measures, the company is pursuing sustainable growth.