Yoshinoya Holdings, Inc. <9861>
For the second quarter of the fiscal year ending February 2025, revenue increased by 8.4% year-on-year to 99.3 billion yen, while operating profit decreased by 6.9% to 3.713 billion yen. Despite increasing sales through price hikes on beef bowls and promotional strategies, rising personnel costs squeezed profit margins. However, the progress exceeded consensus expectations. Furthermore, for the fiscal year ending February 2025, sales revenue is set to increase by 8.3% compared to the previous period, reaching 203 billion yen, and operating profit is expected to decrease by 12.2% to 7 billion yen, maintaining the initial plan, providing a sense of reassurance.
Note <5243>
Continuing the adjustment, the price is moving in a range around 480 yen to 520 yen. In the Ichimoku Cloud, the upper limit is being held by the lower limit, but the Conversion Line and Base Line are turning into support lines, indicating a potential move aiming for a breakthrough below the cloud. The Lagging Span is moving along the solid line without any clear direction, with not much barrier to the occurrence of an upward signal. Additionally, the 25-day line is turning into a support line, with the 75-day and 200-day lines likely becoming the target materials.