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Operates Sushiro, Japan's largest conveyor-belt sushi restaurant chain.
Operates Sushiro, Japan's largest conveyor-belt sushi restaurant chain.
Sells sushi at set low prices per plate in restaurants it mostly runs itself, so profit hinges on seat turnover, the cost of fish and rice, and keeping waste low through central buying and conveyor automation. Overseas stores are mainly in Asia.
In one line: A fast-casual sushi chain like a scaled-up Kura Sushi.
Moat: narrow (scale, brand, distribution). Scale procurement of seafood and a leading conveyor-sushi brand across Japan and abroad.
Headquarters: Osaka, Japan · Founded: 1984 · Employees: 11,720
Size Food & Life Companies (3563.T) is a Japan Consumer Discretionary company (Restaurants) with a market value of $7.34B, the 174th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥5,092 on 6 Nov 2026.
Performance Over six months the shares gained 12.2%, against +16.6% for the median peer and +1.8% for the Japan market (cap-weighted) — 10th lowest of 20 in its peer set.
Growth Revenue grew 23.7% over the last twelve months (peer median +10.3%); the operating margin is 9.6% (peer median 8.9%).
Valuation It trades at 35.6× forward earnings against a peer median of 26.8× (6th most expensive of 21).
Price implies For today's price to make sense, revenue must grow about 7% a year for seven years (Req g). Recent delivered growth is +16%, so the hurdle is -9 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 6.3 points above its cost of capital (5.0% WACC).
Next results Next results expected around 5 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥507B | ¥430B | ¥361B | ¥302B | ¥281B |
| Revenue growth | — | +19% | +20% | +7% | — |
| Gross profit | ¥247B | ¥209B | ¥175B | ¥141B | ¥128B |
| EBITDA | ¥90.0B | ¥72.2B | ¥56.2B | ¥41.7B | ¥35.9B |
| Net income | ¥31.4B | ¥22.9B | ¥14.6B | ¥8.04B | ¥3.61B |
| Free cash flow | ¥51.3B | ¥39.3B | ¥36.8B | ¥26.6B | ¥13.4B |
| Capital expenditure | ¥31.2B | ¥26.3B | ¥20.7B | ¥16.7B | ¥17.9B |
| Total debt | ¥228B | ¥219B | ¥217B | ¥222B | ¥214B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Food & Life Companies 3563.T | $7.34B | +12% | +24% | 10% | 35.6× | 6.9% |
| Kura Sushi 2695.T | $848M | -2% | +4% | 1% | 48.1× | 21.5% |
| Zensho 7550.T | $12.2B | +41% | +12% | 7% | 34.3× | 6.1% |
| Kappa.create 7421.T | $489M | +3% | -1% | -1% | n/a | 29.8% |
| Genki Global Dining Concepts 9828.T | $336M | +8% | +29% | 5% | 13.8× | 2.3% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 3563.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -6.9% | +10.5% | 2nd lowest of 21 |
| 6-month return | +12.2% | +16.6% | 10th lowest of 20 |
| Distance from 52-week high | -17.0% | -15.6% | 10th lowest of 21 |
| Revenue growth (TTM) | +23.7% | +10.3% | 3rd highest of 21 |
| Operating margin | 9.6% | 8.9% | 11th highest of 21 |
| Forward P/E | 35.6× | 26.8× | 6th most expensive of 21 |
| Growth the price implies (Req g, 7 yrs) | 6.9% | 6.2% | 9th most demanding of 19 |
| Growth delivered (Del g) | +16.0% | +13.3% | 8th highest of 19 |
| Hurdle (Req g minus delivered) | -9.1 pp | -2.9 pp | 5th least demanding of 19 |
| ROIC minus cost of capital | +6.3 pp | +6.3 pp | 11th highest of 21 |
| EV / EBITDA | 14.7× | 14.3× | 9th most expensive of 21 |
| Net debt / EBITDA | 1.8× | 2.2× | 9th least indebted of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Food & Life Companies 3563.T | Japan | $7.34B | +12% | +24% | 10% | 35.6× | 6.9% | +16.0% |
| McDonald's Holdings Company (Japan) 2702.T | Japan | $7.33B | +7% | +2% | 14% | 32.0× | 1.8% | +7.6% |
| Haidilao 6862.HK | Hong Kong | $7.24B | -28% | +11% | 12% | 11.4× | 2.0% | +7.8% |
| CAVA CAVA | United States | $6.91B | -26% | +27% | 7% | 85.5× | 41.5% | +27.9% |
| Brinker International EAT | United States | $8.58B | +49% | +6% | 11% | 14.7× | 9.3% | +11.7% |
| Jersey Mike's Subs JMKE | United States | $6.03B | n/a | +11% | 21% | 26.3× | n/a | n/a |
| Dutch Bros BROS | United States | $5.90B | -36% | +30% | 10% | 31.0× | 36.3% | +38.0% |
| Sodexo SW.PA | France | $9.91B | +28% | 0% | 3% | 17.7× | 6.0% | +6.6% |
| Cheesecake Factory CAKE | United States | $5.32B | +73% | +8% | 7% | 21.2× | 16.7% | +13.6% |
| Skylark 3197.T | Japan | $5.18B | +19% | +11% | 7% | 38.5× | 6.4% | +9.7% |
| Domino's DPZ | United States | $11.0B | +4% | +4% | 20% | 16.3× | 1.8% | +3.7% |
| Texas Roadhouse TXRH | United States | $12.1B | +4% | +10% | 8% | 26.8× | 13.8% | +19.6% |
| Wingstop WING | United States | $4.42B | +26% | +7% | 28% | 35.3× | 21.9% | +22.9% |
| Zensho 7550.T | Japan | $12.2B | +41% | +12% | 7% | 34.3× | 6.1% | +16.3% |
| Aramark ARMK | United States | $13.9B | +17% | +11% | 4% | 19.8× | 16.1% | +7.6% |
| Jubilant Foodworks JUBLFOOD.NS | India | $3.20B | -5% | +16% | 10% | 61.4× | 28.6% | +23.5% |
| Yum China YUMC | United States | $17.1B | +6% | +10% | 13% | 15.3× | -7.5% | +7.4% |
| Shake Shack SHAK | United States | $3.08B | +2% | +17% | 5% | 55.7× | n/a | n/a |
| TORIDOLL 3397.T | Japan | $2.68B | +19% | +3% | 7% | 57.7× | 5.9% | +15.6% |
| Mitchells & Butlers MAB.L | United Kingdom | $2.56B | +25% | +3% | 12% | 10.2× | 4.7% | +12.9% |
| Saizeriya 7581.T | Japan | $2.52B | +60% | +17% | 5% | 26.9× | 4.6% | +19.0% |