Loading…
Operates 'Gyoza no Ohsho', Japan's iconic Chinese-style dumpling (gyoza) restaurant chain.
Operates 'Gyoza no Ohsho', Japan's iconic Chinese-style dumpling (gyoza) restaurant chain.
Many of the restaurants are run by franchisees who buy their food supplies from the company's own plants, so Ohsho earns on selling ingredients and collecting fees as well as on its own restaurants' sales. Stores are built around cheap, quick meals and drinks.
In one line: Japan's dumpling-focused Panda Express.
Moat: narrow (brand, cost advantage). Iconic gyoza brand with in-house central-kitchen supply keeping food costs low.
Headquarters: Kyoto, Japan · Founded: 1967 · Employees: 2,501
Size Ohsho Food Service (9936.T) is a Japan Consumer Discretionary company (Restaurants) with a market value of $1.11B, the 694th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥2,888 on 6 Nov 2026.
Performance Over six months the shares fell 1.4%, against +22.0% for the median peer and +1.8% for the Japan market (cap-weighted) — 4th lowest of 21 in its peer set.
Growth Revenue fell 0.1% over the last twelve months (peer median +6.5%); the operating margin is 7.1% (peer median 5.4%).
Valuation It trades at 27.5× forward earnings against a peer median of 19.6× (6th most expensive of 18).
Price implies For today's price to make sense, revenue must grow about 4% a year for seven years (Req g). Recent delivered growth is +8%, so the hurdle is -3 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 3.7 points above its cost of capital (5.0% WACC).
Next results Next results expected around 29 Jan 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥116B | ¥117B | ¥111B | ¥101B | ¥93.0B |
| Revenue growth | — | +5% | +9% | +9% | — |
| Gross profit | n/a | ¥76.3B | ¥73.4B | ¥67.6B | ¥61.8B |
| EBITDA | n/a | ¥13.7B | ¥14.0B | ¥13.1B | ¥10.7B |
| Net income | ¥5.84B | ¥7.47B | ¥8.07B | ¥7.91B | ¥6.21B |
| Free cash flow | n/a | ¥6.35B | ¥7.04B | ¥8.73B | ¥4.12B |
| Capital expenditure | n/a | ¥4.36B | ¥4.18B | ¥3.48B | ¥3.21B |
| Total debt | n/a | ¥3.00B | ¥5.00B | ¥7.00B | ¥9.00B |
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 |
|---|---|---|---|---|---|---|
| Ohsho Food Service 9936.T | $1.11B | -1% | 0% | 7% | 27.5× | 4.2% |
| Skylark 3197.T | $5.18B | +19% | +11% | 7% | 38.5× | 6.4% |
| Hiday Hidaka 7611.T | $760M | +11% | +10% | 11% | 23.5× | -3.3% |
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 | 9936.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +1.1% | +8.2% | 6th lowest of 21 |
| 6-month return | -1.4% | +22.0% | 4th lowest of 21 |
| Distance from 52-week high | -17.7% | -8.0% | 7th lowest of 21 |
| Revenue growth (TTM) | -0.1% | +6.5% | 5th lowest of 21 |
| Operating margin | 7.1% | 5.4% | 7th highest of 21 |
| Forward P/E | 27.5× | 19.6× | 6th most expensive of 18 |
| Growth the price implies (Req g, 7 yrs) | 4.2% | 9.5% | 8th least demanding of 20 |
| Growth delivered (Del g) | +7.7% | +12.3% | 7th lowest of 20 |
| Hurdle (Req g minus delivered) | -3.5 pp | +1.4 pp | 10th least demanding of 20 |
| ROIC minus cost of capital | +3.7 pp | -0.5 pp | 8th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Ohsho Food Service 9936.T | Japan | $1.11B | -1% | 0% | 7% | 27.5× | 4.2% | +7.7% |
| Westlife Foodworld WESTLIFE.NS | India | $1.08B | +31% | +10% | 5% | 343.5× | 49.0% | +21.7% |
| Ichibanya 7630.T | Japan | $1.06B | +21% | +8% | 6% | 57.3× | 12.2% | +8.2% |
| Xiaocaiyuan International 0999.HK | Hong Kong | $1.17B | +16% | +3% | 15% | 13.1× | -9.6% | +15.8% |
| BJ's Restaurants BJRI | United States | $1.18B | +30% | +4% | 3% | 22.5× | 26.8% | +12.4% |
| Domino's Pizza DOM.L | United Kingdom | $1.19B | +24% | +6% | 15% | 13.1× | 9.5% | +6.3% |
| Doutor Nichires 3087.T | Japan | $1.03B | +33% | +8% | 7% | 16.3× | -4.7% | +10.6% |
| Biglari BH | United States | $1.01B | +5% | +8% | 5% | n/a | 22.1% | -1.8% |
| Guangzhou Restaurant 603043.SS | China | $1.31B | 0% | +9% | 11% | 17.3× | -3.5% | +10.4% |
| J D Wetherspoon JDW.L | United Kingdom | $1.33B | +69% | +5% | 5% | 19.6× | 7.7% | +23.7% |
| Royal 8179.T | Japan | $887M | +5% | +7% | 5% | 24.6× | 5.7% | +14.4% |
| KOMEDA 3543.T | Japan | $859M | -4% | +13% | 17% | 19.2× | -0.7% | +14.7% |
| Sweetgreen SG | United States | $1.43B | +72% | -1% | -18% | n/a | n/a | n/a |
| Kura Sushi 2695.T | Japan | $848M | -2% | +4% | 1% | 48.1× | 21.5% | +12.5% |
| Mos Food Services 8153.T | Japan | $845M | +10% | +6% | 5% | 30.3× | 2.2% | +7.4% |
| Cracker Barrel Old Country Store CBRL | United States | $1.45B | +106% | -5% | 0% | 30.3× | 14.0% | +3.3% |
| Arcos Dorados ARCO | United States | $1.45B | -23% | +11% | 6% | 9.1× | -3.5% | +18.7% |
| Bloomin' Brands BLMN | United States | $835M | +23% | -2% | 3% | 10.5× | 10.6% | +4.5% |
| Domino's Pizza Enterprises DMP.AX | Australia | $1.48B | +48% | -11% | 5% | 16.9× | 17.9% | -1.4% |
| Monogatari 3097.T | Japan | $1.50B | +43% | +22% | 8% | 25.4× | 2.0% | +18.8% |
| Colowide 7616.T | Japan | $1.51B | +21% | +16% | 4% | n/a | 13.6% | +12.3% |