Employees: 801
Size Kappa.create (7421.T) is a Japan Consumer Discretionary company (Restaurants) with a market value of $489M, the 1081st largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥1,564 on 6 Nov 2026.
Performance Over six months the shares gained 3.0%, against +2.2% for the median peer and +1.8% for the Japan market (cap-weighted) — 11th highest of 21 in its peer set.
Growth Revenue fell 1.1% over the last twelve months (peer median +5.5%); the operating margin is -0.7% (peer median 5.4%).
Valuation It trades at 1.1× enterprise value to sales against a peer median of 1.2× (9th cheapest of 21).
Price implies For today's price to make sense, revenue must grow about 30% a year for seven years (Req g). Recent delivered growth is +2%, so the hurdle is +27 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 8.5 points below 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 | ¥72.8B | ¥73.2B | ¥73.2B | ¥72.2B | ¥70.4B |
| Revenue growth | — | 0% | +1% | +2% | — |
| Gross profit | ¥37.2B | ¥37.8B | ¥38.3B | ¥37.5B | ¥35.7B |
| EBITDA | ¥1.84B | ¥2.86B | ¥3.71B | ¥3.90B | ¥1.01B |
| Net income | -¥1.49B | -¥394M | ¥1.03B | ¥1.40B | -¥3.04B |
| Free cash flow | n/a | ¥667M | ¥2.17B | ¥1.12B | ¥1.35B |
| Capital expenditure | n/a | ¥1.82B | ¥1.68B | ¥2.48B | ¥1.20B |
| Total debt | ¥6.60B | ¥9.20B | ¥10.5B | ¥7.46B | ¥11.1B |
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.
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 | 7421.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +7.0% | +7.9% | 10th lowest of 21 |
| 6-month return | +3.0% | +2.2% | 11th highest of 21 |
| Distance from 52-week high | -6.2% | -15.3% | 6th highest of 21 |
| Revenue growth (TTM) | -1.1% | +5.5% | 5th lowest of 21 |
| Operating margin | -0.7% | 5.4% | 2nd lowest of 21 |
| EV / Sales | 1.1× | 1.2× | 9th cheapest of 21 |
| Growth the price implies (Req g, 7 yrs) | 29.8% | 3.9% | 2nd most demanding of 17 |
| Growth delivered (Del g) | +2.4% | +10.8% | lowest of 17 |
| Hurdle (Req g minus delivered) | +27.4 pp | -7.8 pp | 2nd most demanding of 17 |
| ROIC minus cost of capital | -8.5 pp | +0.7 pp | 2nd lowest of 21 |
| Net debt / EBITDA | 0.2× | 2.2× | 6th least indebted of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Kappa.create 7421.T | Japan | $489M | +3% | -1% | -1% | 1.1× | 29.8% | +2.4% |
| Sagami 9900.T | Japan | $494M | +13% | +10% | 7% | 1.9× | 7.7% | +14.1% |
| Hyundai Green Food 453340.KS | South Korea | $482M | +22% | +7% | 5% | 0.3× | -18.0% | +6.6% |
| Marston's MARS.L | United Kingdom | $497M | +23% | -1% | 22% | 1.8× | -2.5% | +11.7% |
| Feastogether 7883.TWO | Taiwan | $479M | -9% | +10% | 9% | 1.6× | -0.2% | +27.9% |
| OOTOYA 2705.T | Japan | $477M | +53% | +18% | 6% | 1.9× | 10.0% | +18.1% |
| Portillo's PTLO | United States | $504M | +54% | +3% | 6% | 1.6× | n/a | n/a |
| Srs 8163.T | Japan | $474M | +53% | +10% | 4% | 1.0× | 9.6% | +11.8% |
| Tongqinglou Catering 605108.SS | China | $473M | -24% | +4% | 6% | 2.2× | n/a | n/a |
| Cafe de Coral 0341.HK | Hong Kong | $464M | +61% | -4% | 4% | 0.5× | -9.1% | +4.0% |
| Xi'an Catering 000721.SZ | China | $523M | -20% | -14% | -23% | 8.2× | 50.5% | +6.5% |
| Dine Brands Global DIN | United States | $454M | +26% | +8% | 14% | 2.1× | n/a | n/a |
| El Pollo Loco LOCO | United States | $453M | +6% | +4% | 10% | 1.3× | 3.2% | +2.8% |
| AmRest EAT.WA | Poland | $529M | -5% | -3% | 4% | 0.8× | 5.1% | +9.9% |
| Koshidaka 2157.T | Japan | $530M | -6% | +16% | 13% | 1.1× | -9.8% | +31.1% |
| Black Rock Coffee Bar BRCB | United States | $538M | -6% | +24% | 3% | 3.4× | n/a | n/a |
| Sligro Food SLIGR.AS | Netherlands | $444M | -28% | -4% | 1% | 0.3× | 3.4% | +6.5% |
| Elior ELIOR.PA | France | $544M | -35% | 0% | 2% | 0.3× | 6.3% | +9.2% |
| Kisoji 8160.T | Japan | $438M | +6% | +2% | 5% | 1.1× | 4.4% | +11.9% |
| DPC Dash 1405.HK | Hong Kong | $548M | -34% | +26% | 4% | 0.9× | 6.6% | +36.3% |
| Wowprime 2727.TW | Taiwan | $550M | -1% | +10% | 8% | 0.7× | -11.9% | +9.0% |