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DOUTOR NICHIRES

DOUTOR NICHIRES Holdings.,Co Ltd.

Company highlights

The same coffee, earned in the opposite way to Komeda.

Vol.1, Chapter 1 (as of 2026-08-14)

Key figures

Period Mar 2025 to Feb 2026ConsolidatedJapanese GAAP

RevenueDisclosed ¥159.1B
Operating marginCalculated 6.4%
Net assets to total assetsCalculated 77.3%

Business revenue model

Featured in

Vol.1, Chapter 1 (as of 2026-08-14)

“Kaisha no Shikumi: Dividends”, Chapter 1: Komeda and Doutor: The Same Coffee, Two Ways of Making Money

Book’s reference date 2026-08-14 / data last checked 2026-10-20

Key points in this volumeDividends are produced by structure, not by performance.

Doutor Nichires Holdings runs mainly shops it owns itself. Rent and labour costs at those shops sit with head office.

For the year ended February 2026 its operating income was 6.4% of sales. Komeda was 16.5% in the same period. The gap comes not from the taste of the coffee or the number of shops, but from a design decision about who carries the costs.

Figures from the book

The three ways money comes in to Doutor Nichires: its own shops, wholesale and royalties from franchisees, and other
How money comes in to Doutor Nichires (figure from Chapter 1 of “Kaisha no Shikumi: Dividends”, year ended February 2026, in Japanese)

Coverage in the book

  • The Money for a Cup of Coffee Goes to the Owner First
  • Doutor Nichires Is Built on Company-Operated Shop Sales
  • The Same Cup, a Different Amount Recorded as Revenue
  • Ten Fiscal Years and the Dividend Policies

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Cover of “Kaisha no Shikumi: Dividends” “Kaisha no Shikumi: Dividends” Chapter 1: DOUTOR NICHIRES “Komeda and Doutor: The Same Coffee, Two Ways of Making Money” “Ano Kaisha no Shikumi” series, Vol.1 — Kindle and paperback Find it on Amazon →

Company profile

Securities code 3087 / EDINET code E03518 / Retail Trade / Fiscal year end end of February

渋谷区猿楽町10-11/Capital stock ¥1,000 million
Address, capital stock, fiscal year end and industry: the FSA’s EDINET code list.

Company details
星野 正則 Representative
19 Consolidated subsidiaries

Tables scroll sideways

Disclosed data

Source: Annual Securities Report (Mar 2025 to Feb 2026) · filed 2026-05-26

Profitability ★★★☆☆position among all companies 6.4%
Growth (revenue, 4-year average) ★★★★☆position among all companies 9.8%
Capital efficiency ★★★☆☆position among all companies 6.9%

Business activities and revenue composition

DOUTOR NICHIRES

Revenue and profit by business segment

Period Mar 2025 to Feb 2026Source Annual securities reportsConsolidated・Disclosed

SalesProfit ドトールコーヒーグルー…ドトールコーヒーグループ Sales 63.1% 63% Profit 51.6% 52% 日本レストランシステム…日本レストランシステムグループ Sales 36.9% 37% Profit 48.4% 48%
BusinessNet sales to external customers Operating income
This yearShareLast year This yearShareMarginLast year
ドトールコーヒーグループ ¥96.3 billion 63.1% ¥88.4 billion ¥4.8 billion 51.6% 4.9% ¥4.3 billion
日本レストランシステムグループ ¥56.3 billion 36.9% ¥53.7 billion ¥4.5 billion 48.4% 7.9% ¥4.3 billion
Total of the businesses ¥152.6 billion100.0% ¥9.2 billion 100.0%

Revenue and profit

DOUTOR NICHIRES

Period Mar 2025 to Feb 2026Source Annual securities reports

Net sales and operating revenue ¥159.1B 100% Cost of sales ¥65.5B 41% Selling, general and administrative expenses ¥83.5B 52% Operating income ¥10.2B 6%
Amounts by account
GroupAccountAmountConsolidated / Non-consolidated
Selling, general and administrative expenses Salaries and allowances ¥30.8 billion Consolidated
Other ¥28.9 billion Consolidated
Rent expenses ¥18.0 billion Consolidated
Utilities expenses ¥4.2 billion Consolidated
Provision for bonuses ¥1.2 billion Consolidated
Retirement benefit expenses ¥0.4 billion Consolidated
Directors' compensations ¥0.2 billion Parent only
Commission fees ¥0.2 billion Parent only
Provision for directors' bonuses ¥97.00 million Consolidated
Legal welfare expenses ¥39.00 million Parent only
Advisory fee ¥21.00 million Parent only
Profit by stage Gross profit (loss) ¥93.7 billion Consolidated
Ordinary income ¥10.6 billion Consolidated
Operating income ¥10.2 billion Consolidated
Net income ¥7.2 billion Consolidated

DOUTOR NICHIRES

Selling, general and administrative expenses

Period Mar 2025 to Feb 2026Source Annual securities reports

Salaries and allowances ¥30.8 billion (36.9%)37%Other ¥28.9 billion (34.7%)35%Rent expenses ¥18.0 billion (21.5%)22%Utilities expenses ¥4.2 billion (5.0%)Provision for bonuses ¥1.2 billion (1.4%)Retirement benefit expenses ¥0.4 billion (0.5%)¥83.4B
  • Salaries and allowances ¥30.8 billion
  • Other ¥28.9 billion
  • Rent expenses ¥18.0 billion
  • Utilities expenses ¥4.2 billion
  • Provision for bonuses ¥1.2 billion
  • Retirement benefit expenses ¥0.4 billion

Performance, financial position and capital allocation

Finance
77.3% Net assets to total assets Industry median 45.6% FY ending 2/2026 · consolidated / calculated
5.3% Return on assets (ROA)
¥2,502.93 Net assets per share
¥-3.8 billion Free cash flow
¥136.5 billion Total assets
Capital allocation
68.9% Cash conversion Industry median 121.9% FY ending 2/2026 · consolidated / calculated
2.7% Increase in working capital ★★★★☆ position among all companies FY ending 2/2026 · consolidated / calculated
109.2% Property, plant and equipment purchases relative to depreciation ★★★★☆ position among all companies FY ending 2/2026 · consolidated / calculated
104.2% Return to shareholders ★★★★★ position among all companies FY ending 2/2026 · consolidated / calculated
-6.5% Extraordinary gains and losses relative to ordinary profit ★★☆☆☆ position among all companies FY ending 2/2026 · consolidated / calculated
1.4% Investment securities to net assets ★☆☆☆☆ position among all companies FY ending 2/2026 · consolidated / calculated

Long-term changes in performance

Period 2013 to 2026Disclosed

Revenue ×1.48 from 2013 to 2026

DOUTOR NICHIRES

Long-term revenue, profit and asset trends

Period 2013 to 2026Source Annual securities reportsDisclosed

Mark on the chart
159 105 50 -4 2013 2015 2017 2019 2021 2023 2025 2026 Net sales and operating revenue Ordinary income 2023 Ordinary income (loss) as a share of revenue +4.1 points, Ordinary income (loss) loss to profit 2024 Ordinary income (loss) as a share of revenue +2.7 points 159Latest value 2026 159¥ billion 159Highest in the period shown 2026 159¥ billion 96Lowest in the period shown 2021 96¥ billion ¥ billion

DOUTOR NICHIRES

Recent performance trends

Source Annual securities reports

159 106 52 -1 4 years ago 3 years ago 2 years ago Last year This year Net sales and operating revenue Ordinary income ¥ billion

Year-on-year comparison

Period 2022 to 2026Disclosed

Item20222023202420252026
Net sales ¥109.4B ¥126.9B ¥140.6B ¥148.8B ¥159.1B
Year on year (%) Could not be retrieved +16.0% +10.8% +5.8% +6.9%
Ordinary income (loss) -¥1.5B ¥3.5B ¥7.7B ¥9.6B ¥10.6B
Change from prior year Could not be retrieved loss to profit◆ +122.2% +24.9% +10.4%
Ordinary income (loss) as a share of Net sales -1.4% 2.7% 5.5% 6.5% 6.7%
Change (percentage points) Could not be retrieved +4.1 points◆ +2.7 points◆ +1.0 points +0.2 points

Fiscal periods marked for changes

  • 2023Ordinary income (loss) as a share of revenue +4.1 points, Ordinary income (loss) loss to profit
  • 2024Ordinary income (loss) as a share of revenue +2.7 points

DOUTOR NICHIRES

Earnings and net assets per share over time

Unit yenSource Annual securities reports

171 114 57 0 4 years ago 3 years ago 2 years ago Last year This year Earnings per share yen 2,503 1,669 834 0 4 years ago 3 years ago 2 years ago Last year This year Net assets per share yen

DOUTOR NICHIRES

Return on equity over time

Unit %Source Annual securities reports

7 5 2 -0 4 years ago 3 years ago 2 years ago Last year This year Return on equity (ROE, %)
Consolidated indicators (14 items)
Item4 years ago3 years ago2 years agoLast yearThis year
Net sales ¥109.4 billion ¥126.9 billion ¥140.6 billion ¥148.8 billion ¥159.1 billion
Ordinary income (loss) ¥-1.5 billion ¥3.5 billion ¥7.7 billion ¥9.6 billion ¥10.6 billion
Net income (loss) attributable to owners of parent ¥1.2 billion ¥3.4 billion ¥5.5 billion ¥6.9 billion ¥7.2 billion
Comprehensive income ¥1.2 billion ¥3.4 billion ¥5.6 billion ¥6.7 billion ¥8.4 billion
Net assets ¥94.1 billion ¥96.3 billion ¥99.5 billion ¥104.3 billion ¥105.6 billion
Total assets ¥118.2 billion ¥121.0 billion ¥127.8 billion ¥134.2 billion ¥136.5 billion
Net assets per share 2,122.66 yen 2,171.33 yen 2,262.89 yen 2,372.09 yen 2,502.93 yen
Basic earnings (loss) per share 27.63 yen 77.56 yen 124.89 yen 156.97 yen 170.71 yen
Equity-to-asset ratio 79.4% 79.3% 77.6% 77.5% 77.0%
Return on equity 1.3% 3.6% 5.6% 6.8% 6.9%
Net cash provided by (used in) operating activities ¥14.6 billion ¥5.2 billion ¥11.8 billion ¥12.4 billion ¥7.0 billion
Net cash provided by (used in) investing activities ¥-4.9 billion ¥-5.6 billion ¥-4.9 billion ¥-6.2 billion ¥-10.8 billion
Net cash provided by (used in) financing activities ¥-1.5 billion ¥-2.0 billion ¥-3.4 billion ¥-2.9 billion ¥-8.4 billion
Cash and cash equivalents ¥34.5 billion ¥32.2 billion ¥35.8 billion ¥39.0 billion ¥26.8 billion
Parent only indicators (14 items)
Item4 years ago3 years ago2 years agoLast yearThis year
Operating revenue ¥1.8 billion ¥2.2 billion ¥2.4 billion ¥2.6 billion ¥7.9 billion
Ordinary income (loss) ¥1.2 billion ¥1.6 billion ¥1.7 billion ¥1.9 billion ¥7.1 billion
Net income (loss) ¥0.9 billion ¥1.2 billion ¥1.6 billion ¥1.8 billion ¥7.0 billion
Capital stock ¥1.0 billion ¥1.0 billion ¥1.0 billion ¥1.0 billion ¥1.0 billion
Total number of issued shares (common stock) 45,609,761 shares 45,609,761 shares 45,609,761 shares 45,609,761 shares 45,609,761 shares
Net assets ¥65.1 billion ¥65.1 billion ¥64.3 billion ¥64.3 billion ¥64.0 billion
Total assets ¥65.4 billion ¥65.4 billion ¥64.6 billion ¥64.6 billion ¥64.4 billion
Net assets per share 1,473.39 yen 1,473.05 yen 1,466.83 yen 1,466.13 yen 1,524.03 yen
Dividend per share 26 yen 30 yen 40 yen 50 yen 57 yen
Interim dividend per share 12 yen 14 yen 20 yen 23 yen 27 yen
Basic earnings (loss) per share 21.06 yen 27.67 yen 35.87 yen 41.9 yen 164.82 yen
Equity-to-asset ratio 99.6% 99.6% 99.5% 99.5% 99.5%
Return on equity 1.4% 1.9% 2.4% 2.9% 10.9%
Payout ratio 123.5% 108.4% 111.5% 119.3% 34.6%

Dividend history

Source: reporting company’s key figures, annual securities reports · 5 years (2022 to 2026)Parent-onlyDisclosed

4 periods Consecutive increases (own definition) through FY ending 2/2026
5 periods Consecutive periods with dividends (site definition) through FY ending 2/2026
+14.0% Dividend growth (year on year)
Fewer than six years Dividend growth (5-year annual rate)
Fiscal yearAnnual dividend per share Of which interimPayout ratio (as reported, parent only) Flag
FY ending 2/2026 ¥57 ¥27 34.6%
FY ending 2/2025 ¥50 ¥23 119.3%
FY ending 2/2024 ¥40 ¥20 111.5%
FY ending 2/2023 ¥30 ¥14 108.4%
FY ending 2/2022 ¥26 ¥12 123.5%

DOUTOR NICHIRES

Dividends per share over time

Unit yenSource Annual securities reports

57 38 19 0 4 years ago 3 years ago 2 years ago Last year This year Dividend per share yen

Shareholder composition

As of 2026-02-28Disclosed

Share ownership by holder category

58,437 Shareholders
14.61% Foreign holders (total) Industry median 3.60%
58.48% Individuals and others Industry median 50.90%

DOUTOR NICHIRES

Unit %Source Annual securities reports

  • Financial institutions9.77%
  • Securities firms2.63%
  • Other corporations14.52%
  • Foreign holders (institutions)14.56%
  • Foreign holders (individuals)0.05%
  • Individuals and others58.48%

Major shareholders

RankShareholderShareholding ratioShares held
1 大林 豁史 15.24% 6,403,000
2 株式会社マダム・ヒロ 8.88% 3,732,000
3 日本マスタートラスト信託銀行株式会社(信託口) 7.23% 3,039,000
4 鳥羽 博道 3.24% 1,360,000
5 日本たばこ産業株式会社 3.14% 1,320,000
6 株式会社日本カストディ銀行(信託口) 2.39% 1,005,000
7 鳥羽 豊 1.98% 833,000
8 STATE STREET BANK AND TRUST COMPANY 505103(常任代理人 みずほ銀行決済営業部) 1.28% 539,000
9 JPモルガン証券株式会社 1.24% 521,000
10 大林 美重子 1.14% 478,000

Research and development expenses and capital expenditure

Source: R&D and capital expenditure sections, annual securities reports · 1 years (FY 2026)Disclosed

Not disclosed Research and development
¥7.0 billion Capital expenditure 4.4% of revenue (industry median 3.4%)

Research and development expenses and capital expenditure by segment (FY ending 2/2026)

Segment Capital expenditure
ドトールコーヒーグループ ¥4.4 billion
日本レストランシステムグループ ¥2.4 billion

Revenue scale in the same industry

DOUTOR NICHIRES

Source Annual securities reports of each company

Retail Trade: 343 companies · revenue · largest first・each company’s latest fiscal year・Consolidated・Disclosed

Workforce information

Source: Annual Securities Report (Mar 2025 to Feb 2026)Parent-onlyDisclosed

22 Employees (parent only) Industry median 226
43.4 Average age Industry median 41.8
9.0 years Average length of service Industry median 10.9 years
¥6.03 million Average annual salary Industry median ¥5.46 million
People and organisation
55.0¥ million Sales per employee Industry median 59.6¥ million FY ending 2/2026 · consolidated / calculated
¥3.51 million Operating income per employee
8,062 Average temporary staff

Audit and disclosure information

Annual securities report, year ended 2026-02-28Disclosed

ItemValue
Audit firm 有限責任あずさ監査法人
Audit fees (this year, total) ¥78.00 million
Non-audit fees (this year, total) ¥20.00 million
Non-audit fees (this year, network firms) ¥1.00 million
Going concern note Cannot be determined
Accounting standard Japanese GAAP

Sources and methodology

Retrieved disclosed figures

Accounts and values from the annual securities report, by section

Major management indicators (5 years) (28 items)

ItemValueConsolidated / Non-consolidated
Comprehensive income ¥8.4 billion Consolidated
Net cash provided by (used in) operating activities ¥7.0 billion Consolidated
Net sales ¥159.1 billion Consolidated
Net cash provided by (used in) investing activities ¥-10.8 billion Consolidated
Cash and cash equivalents ¥26.8 billion Consolidated
Net assets ¥105.6 billion Consolidated
Ordinary income (loss) ¥10.6 billion Consolidated
Total assets ¥136.5 billion Consolidated
Return on equity 6.9% Consolidated
Equity-to-asset ratio 77.0% Consolidated
Net income (loss) attributable to owners of parent ¥7.2 billion Consolidated
Net cash provided by (used in) financing activities ¥-8.4 billion Consolidated
Basic earnings (loss) per share 170.71 yen Consolidated
Net assets per share 2,502.93 yen Consolidated
Dividend per share 57 yen Parent only
Operating revenue ¥7.9 billion Parent only
Net income (loss) ¥7.0 billion Parent only
Total number of issued shares (common stock) 45,609,761 shares Parent only
Net assets ¥64.0 billion Parent only
Ordinary income (loss) ¥7.1 billion Parent only
Total assets ¥64.4 billion Parent only
Return on equity 10.9% Parent only
Equity-to-asset ratio 99.5% Parent only
Capital stock ¥1.0 billion Parent only
Payout ratio 34.6% Parent only
Interim dividend per share 27 yen Parent only
Basic earnings (loss) per share 164.82 yen Parent only
Net assets per share 1,524.03 yen Parent only

Employees (8 items)

ItemValueConsolidated / Non-consolidated
Number of employees 2,892 people Consolidated
Number of employees 2,892 people Consolidated
Average length of service (years) 9 years Parent only
Average length of service months 4 months Parent only
Average annual salary ¥6.03 million Parent only
Average age (years) 43.4 years old Parent only
Number of employees 22 people Parent only
Number of employees 22 people Parent only

Other disclosed items (8 items)

ItemValueConsolidated / Non-consolidated
Net sales to external customers ¥159.1 billion Consolidated
Average number of temporary employees 8,062 people Consolidated
Average number of temporary employees 8,062 people Consolidated
Number of unconsolidated subsidiaries and associates accounted for using equity method 4 companies Consolidated
Increase in property plant and equipment and intangible assets ¥7.0 billion Consolidated
Depreciation ¥4.7 billion Consolidated
Number of consolidated subsidiaries 19 companies Consolidated
Total return on the share price index 238.4% Parent only

Shares (16 items)

ItemValueConsolidated / Non-consolidated
Total of dividends received equity securities other than those not listed investment equity securities held for pure investment second largest holding company ¥10.00 million Consolidated
Total of dividends received equity securities other than those not listed investment equity securities held for pure investment largest holding company ¥12.00 million Consolidated
Number of shares held 19,233,000 shares Consolidated
Total number of shares held treasury shares etc 3,587,300 shares Consolidated
Number of shares 45,609,761 shares Consolidated
Shareholding ratio treasury shares etc 7.9% Consolidated
Shareholding ratio 45.8% Consolidated
Number of shares held in own name treasury shares etc 3,587,300 shares Consolidated
Total of valuation gain (loss) ¥0.3 billion Consolidated
Total of valuation gain (loss) ¥0.4 billion Consolidated
Number of voting rights 419,592 units Consolidated
Book value equity securities other than those not listed investment equity securities held for pure investment second largest holding company ¥0.4 billion Consolidated
Book value equity securities other than those not listed investment equity securities held for pure investment largest holding company ¥0.5 billion Consolidated
Number of issues 6 issues Consolidated
Number of issues 7 issues Consolidated
Total shareholder return 198.0% Parent only

Property and facilities (1 items)

ItemValueConsolidated / Non-consolidated
Capital expenditures ¥7.0 billion Consolidated

Audit (7 items)

ItemValueConsolidated / Non-consolidated
Fees for audit and attestation services - reporting company ¥27.00 million Consolidated
Fees for audit and attestation services - total ¥78.00 million Consolidated
Fees for audit and attestation services - consolidated subsidiaries ¥51.00 million Consolidated
Fees for non-audit services - reporting company ¥20.00 million Consolidated
Fees for non-audit services - total ¥1.00 million Consolidated
Fees for non-audit services - total ¥20.00 million Consolidated
Non audit fees consolidated subsidiaries network firms ¥1.00 million Consolidated

Balance sheet (96 items)

ItemValueConsolidated / Non-consolidated
Other ¥2.4 billion Consolidated
Other ¥4.4 billion Consolidated
Other ¥9.8 billion Consolidated
Other ¥9.7 billion Consolidated
Other ¥10.2 billion Consolidated
Valuation difference on available-for-sale securities ¥0.7 billion Consolidated
Other, net ¥1.7 billion Consolidated
Lease obligations ¥1.5 billion Consolidated
Lease assets ¥6.1 billion Consolidated
Lease assets, net ¥2.3 billion Consolidated
Work in process ¥0.3 billion Consolidated
Retained earnings ¥94.8 billion Consolidated
Raw materials and supplies ¥2.7 billion Consolidated
Notes and accounts receivable trade ¥9.4 billion Consolidated
Merchandise and finished goods ¥4.0 billion Consolidated
Non-current liabilities ¥8.4 billion Consolidated
Non-current assets ¥80.6 billion Consolidated
Land ¥23.2 billion Consolidated
Buildings and structures ¥56.8 billion Consolidated
Buildings and structures, net ¥23.6 billion Consolidated
Provision for directors' bonuses ¥97.00 million Consolidated
Investments and other assets ¥27.9 billion Consolidated
Investment securities ¥1.4 billion Consolidated
Notes and accounts payable - trade ¥8.1 billion Consolidated
Lease and guarantee deposits ¥20.2 billion Consolidated
Property, plant and equipment ¥52.0 billion Consolidated
Income taxes payable ¥2.7 billion Consolidated
Provision for shareholder benefit program ¥0.1 billion Consolidated
Shareholders' equity ¥104.2 billion Consolidated
Machinery, equipment and vehicles ¥7.6 billion Consolidated
Machinery, equipment and vehicles, net ¥1.2 billion Consolidated
Current liabilities ¥22.6 billion Consolidated
Current assets ¥55.9 billion Consolidated
Accumulated depreciation ¥-8.1 billion Consolidated
Accumulated depreciation ¥-3.8 billion Consolidated
Accumulated depreciation ¥-33.1 billion Consolidated
Accumulated depreciation ¥-6.4 billion Consolidated
Foreign currency translation adjustment ¥-0.9 billion Consolidated
Intangible assets ¥0.6 billion Consolidated
Cash and cash equivalents ¥26.8 billion Consolidated
Cash and deposits ¥29.4 billion Consolidated
Short-term loans payable ¥0.5 billion Consolidated
Net assets ¥105.6 billion Consolidated
Net assets ¥105.6 billion Consolidated
Total assets ¥136.5 billion Consolidated
Total assets ¥136.5 billion Consolidated
Deferred gains or losses on hedges ¥1.1 billion Consolidated
Deferred tax assets ¥1.8 billion Consolidated
Treasury stock ¥-8.3 billion Consolidated
Valuation and translation adjustments ¥1.0 billion Consolidated
Liabilities ¥31.0 billion Consolidated
Liabilities and net assets ¥136.5 billion Consolidated
Allowance for doubtful accounts ¥-89.00 million Consolidated
Capital surplus ¥16.7 billion Consolidated
Capital stock ¥1.0 billion Consolidated
Asset retirement obligations ¥2.4 billion Consolidated
Provision for bonuses ¥1.3 billion Consolidated
Remeasurements of defined benefit plans ¥0.1 billion Consolidated
Net defined benefit liability ¥2.1 billion Consolidated
Net defined benefit asset ¥15.00 million Consolidated
Long-term loans payable ¥5.00 million Consolidated
Non-controlling interests ¥0.4 billion Consolidated
Current portion of long-term loans payable ¥79.00 million Consolidated
Other ¥27.00 million Parent only
Other ¥0 Parent only
Other capital surplus ¥57.4 billion Parent only
Retained earnings ¥12.8 billion Parent only
Non-current assets ¥63.5 billion Parent only
Tools, furniture and fixtures ¥6.00 million Parent only
Tools, furniture and fixtures ¥0 Parent only
Provision for directors' bonuses ¥73.00 million Parent only
Investments and other assets ¥63.5 billion Parent only
Property, plant and equipment ¥0 Parent only
Income taxes payable ¥13.00 million Parent only
Accounts payable - other ¥67.00 million Parent only
Provision for shareholder benefit program ¥0.1 billion Parent only
Shareholders' equity ¥64.0 billion Parent only
Current liabilities ¥0.3 billion Parent only
Current assets ¥0.9 billion Parent only
Accumulated depreciation ¥-6.00 million Parent only
Intangible assets ¥6.00 million Parent only
Cash and deposits ¥0.9 billion Parent only
Net assets ¥64.0 billion Parent only
Net assets ¥64.0 billion Parent only
Total assets ¥64.4 billion Parent only
Retained earnings brought forward ¥12.8 billion Parent only
Treasury stock ¥-8.1 billion Parent only
Liabilities ¥0.3 billion Parent only
Liabilities and net assets ¥64.4 billion Parent only
Allowance for doubtful accounts ¥-2.7 billion Parent only
Capital surplus ¥58.4 billion Parent only
Legal capital surplus ¥1.0 billion Parent only
Capital stock ¥1.0 billion Parent only
Provision for bonuses ¥30.00 million Parent only
Shares of subsidiaries and associates ¥60.9 billion Parent only
Long-term loans receivable from subsidiaries and affiliates ¥5.3 billion Parent only

Statement of income (90 items)

ItemValueConsolidated / Non-consolidated
Other ¥92.00 million Consolidated
Other ¥23.00 million Consolidated
Other ¥18.00 million Consolidated
Other ¥9.00 million Consolidated
Other ¥28.9 billion Consolidated
Other comprehensive income ¥1.2 billion Consolidated
Valuation difference on available for sale securities net of tax ¥0.3 billion Consolidated
Real estate rent ¥0.1 billion Consolidated
Rent expenses on real estates ¥66.00 million Consolidated
Dividends from surplus ¥-2.3 billion Consolidated
Comprehensive income ¥8.4 billion Consolidated
Interest income ¥44.00 million Consolidated
Dividend income ¥46.00 million Consolidated
Operating income ¥10.2 billion Consolidated
Operating income ¥10.2 billion Consolidated
Non-operating income ¥0.6 billion Consolidated
Non-operating expenses ¥0.1 billion Consolidated
Net cash provided by (used in) operating activities ¥7.0 billion Consolidated
Gain on sales of non-current assets ¥8.00 million Consolidated
Loss on retirement of non-current assets ¥0.1 billion Consolidated
Cost of sales ¥65.5 billion Consolidated
Gross profit (loss) ¥93.7 billion Consolidated
Net sales ¥159.1 billion Consolidated
Net sales ¥159.1 billion Consolidated
Net income ¥7.2 billion Consolidated
Net income ¥7.2 billion Consolidated
Net income (loss) ¥7.3 billion Consolidated
Net income (loss) ¥7.3 billion Consolidated
Provision for directors' bonuses ¥97.00 million Consolidated
Loss on sales of investment securities ¥0.1 billion Consolidated
Net cash provided by (used in) investing activities ¥-10.8 billion Consolidated
Share of loss of investments accounted for using equity method ¥10.00 million Consolidated
Interest expenses ¥26.00 million Consolidated
Utilities expenses ¥4.2 billion Consolidated
Income taxes - current ¥3.6 billion Consolidated
Income taxes ¥2.7 billion Consolidated
Income taxes - deferred ¥-0.9 billion Consolidated
Impairment loss ¥0.7 billion Consolidated
Impairment loss ¥0.7 billion Consolidated
Foreign exchange gains ¥0.3 billion Consolidated
Foreign currency translation adjustment net of tax ¥-0.3 billion Consolidated
Extraordinary income ¥0.3 billion Consolidated
Extraordinary loss ¥1.0 billion Consolidated
Effect of exchange rate change on cash and cash equivalents ¥46.00 million Consolidated
Net increase (decrease) in cash and cash equivalents ¥-12.2 billion Consolidated
Income (loss) before income taxes ¥9.9 billion Consolidated
Income (loss) before income taxes ¥9.9 billion Consolidated
Ordinary income ¥10.6 billion Consolidated
Salaries and allowances ¥30.8 billion Consolidated
Deferred gains or losses on hedges net of tax ¥1.0 billion Consolidated
Disposal of treasury stock ¥96.00 million Consolidated
Purchase of treasury stock ¥-5.0 billion Consolidated
Comprehensive income attributable to owners of parent ¥8.4 billion Consolidated
Net cash provided by (used in) financing activities ¥-8.4 billion Consolidated
Selling, general and administrative expenses ¥83.5 billion Consolidated
Rent expenses ¥18.0 billion Consolidated
Provision for bonuses ¥1.2 billion Consolidated
Remeasurements of defined benefit plans net of tax ¥0.2 billion Consolidated
Retirement benefit expenses ¥0.4 billion Consolidated
Comprehensive income attributable to non-controlling interests ¥33.00 million Consolidated
Net income (loss) attributable to non-controlling interests ¥33.00 million Consolidated
Other ¥0 Parent only
Other ¥87.00 million Parent only
Dividends from surplus ¥-2.3 billion Parent only
Interest income ¥53.00 million Parent only
Operating income ¥6.9 billion Parent only
Operating revenue ¥7.9 billion Parent only
Non-operating income ¥0.2 billion Parent only
Non-operating expenses ¥15.00 million Parent only
Operating expenses ¥1.0 billion Parent only
Gross profit (loss) ¥7.9 billion Parent only
Net income (loss) ¥7.0 billion Parent only
Net income (loss) ¥7.0 billion Parent only
Directors' compensations ¥0.2 billion Parent only
Provision for directors' bonuses ¥73.00 million Parent only
Commission fees ¥15.00 million Parent only
Commission fees ¥0.2 billion Parent only
Fiduciary obligation fee ¥0.2 billion Parent only
Income taxes - current ¥30.00 million Parent only
Income taxes ¥30.00 million Parent only
Legal welfare expenses ¥39.00 million Parent only
Extraordinary loss ¥0.1 billion Parent only
Income (loss) before income taxes ¥7.0 billion Parent only
Ordinary income ¥7.1 billion Parent only
Salaries and allowances ¥0.1 billion Parent only
Disposal of treasury stock ¥96.00 million Parent only
Purchase of treasury stock ¥-5.0 billion Parent only
Provision for bonuses ¥30.00 million Parent only
Provision of allowance for doubtful accounts for subsidiaries and affiliates ¥0.1 billion Parent only
Advisory fee ¥21.00 million Parent only

Accounts unique to this company (5 items)

ItemValueConsolidated / Non-consolidated
Revenue ¥0.3 billion Consolidated
Revenue ¥-27.00 million Consolidated
Revenue ¥0.6 billion Parent only
Revenue ¥7.3 billion Parent only
Revenue ¥0.1 billion Parent only

Statement of changes in equity (3 items)

ItemValueConsolidated / Non-consolidated
Total changes during the period ¥1.2 billion Consolidated
Net changes in items other than shareholders' equity ¥1.2 billion Consolidated
Total changes during the period ¥-0.2 billion Parent only

Statement of cash flows (34 items)

ItemValueConsolidated / Non-consolidated
Other ¥-1.7 billion Consolidated
Other ¥-0.7 billion Consolidated
Other ¥-7.00 million Consolidated
Repayments of lease obligations ¥-1.0 billion Consolidated
Increase decrease in notes and accounts payable trade ¥0.9 billion Consolidated
Interest expenses paid ¥-26.00 million Consolidated
Interest and dividends income received ¥87.00 million Consolidated
Interest and dividend income ¥-91.00 million Consolidated
Loss (gain) on sales of fixed assets ¥-8.00 million Consolidated
Loss on retirement of non-current assets ¥0.1 billion Consolidated
Decrease increase in notes and accounts receivable trade ¥-2.7 billion Consolidated
Payments into time deposits ¥-4.6 billion Consolidated
Subtotal ¥10.2 billion Consolidated
Increase decrease in provision for directors bonuses ¥22.00 million Consolidated
Loss (gain) on sales of long-term investment securities ¥0.1 billion Consolidated
Interest expenses ¥26.00 million Consolidated
Proceeds from collection of lease and guarantee deposits ¥0.3 billion Consolidated
Payments for lease and guarantee deposits ¥-0.6 billion Consolidated
Purchase of property plant and equipment ¥-5.1 billion Consolidated
Proceeds from sales of property plant and equipment ¥26.00 million Consolidated
Decrease (increase) in inventories ¥-1.7 billion Consolidated
Income taxes paid ¥-3.4 billion Consolidated
Income taxes refund ¥83.00 million Consolidated
Depreciation ¥4.7 billion Consolidated
Impairment loss ¥0.7 billion Consolidated
Foreign exchange loss (gain) ¥-28.00 million Consolidated
Purchase of intangible assets ¥-97.00 million Consolidated
Regarding purchase of treasury stock ¥-5.0 billion Consolidated
Payments of loans receivable ¥-73.00 million Consolidated
Increase (decrease) in allowance for doubtful accounts ¥0 Consolidated
Increase (decrease) in provision for bonuses ¥-54.00 million Consolidated
Increase (decrease) in net defined benefit liability ¥-6.00 million Consolidated
Dividends ¥-2.3 billion Consolidated
Repayment of long term loans payable ¥-0.1 billion Consolidated
Basic indicators
ItemValueConsolidated / Non-consolidatedSource
Net cash provided by (used in) operating activities ¥7.0 billion ConsolidatedDisclosed
Dividend per share 57 Parent onlyDisclosed
Number of employees 2,892 ConsolidatedDisclosed
Net assets ¥105.6 billion ConsolidatedDisclosed
Net sales ¥159.1 billion ConsolidatedDisclosed
Operating income ¥10.2 billion ConsolidatedDisclosed
Operating revenue ¥7.9 billion Parent onlyDisclosed
Ordinary income ¥10.6 billion ConsolidatedDisclosed
Net income ¥7.2 billion ConsolidatedDisclosed
Total assets ¥136.5 billion ConsolidatedDisclosed
Operating margin 6.4%ConsolidatedCalculated
Net margin 4.5%ConsolidatedCalculated
Sales per employee 55030083 yenConsolidatedCalculated
Total asset turnover 1.17 timesConsolidatedCalculated
Net assets to total assets 77.3%ConsolidatedCalculated
How to read the figures, and caveats

Terms

  • Consolidated: the parent company together with the subsidiaries it consolidates
  • Parent-only: the single company that filed the annual securities report
  • Calculated: a disclosed figure put through the formula shown
  • Not disclosed: no such value in the filing (not treated as zero)
  • Not retrieved: a value this page could not extract, including values in the filing that could not be matched. The same item may appear in another table
  • Segment: a business division the company uses in its disclosures
  • Industry median: the middle value among companies in the same industry that disclose the item
  • ★: position when every company is lined up by value (not a judgement of the company)See the formulas
  • Source: document name, period covered, filing date and where it was obtained
  • Tables scroll sideways

Key figures

  • Operating margin 6.4% Operating income ÷ net sales  = ¥10.2 billion ÷ ¥159.1 billion
    Operating income ÷ net sales. The denominator is Net sales (Consolidated, Japanese GAAP).
  • Net margin 4.5% Net income ÷ net sales  = ¥7.2 billion ÷ ¥159.1 billion
    Net income ÷ net sales. The denominator is Net sales (Consolidated, Japanese GAAP).
  • Sales per employee 55,030,083 yen Sales or operating revenue ÷ employees  = ¥159.1 billion ÷ 2,892 people
    Sales or operating revenue ÷ employees. The denominator is Number of employees (Consolidated, Japanese GAAP).
  • Total asset turnover 1.17 times Sales or operating revenue ÷ total assets  = ¥159.1 billion ÷ ¥136.5 billion
    Sales or operating revenue ÷ total assets. The denominator is Total assets (Consolidated, Japanese GAAP).
  • Net assets to total assets 77.3% Net assets ÷ total assets  = ¥105.6 billion ÷ ¥136.5 billion
    Net assets ÷ total assets. The denominator is Total assets (Consolidated, Japanese GAAP).

Company details

  • Representative President, Representative Director, gBizINFO
  • Consolidated subsidiaries Annual Securities Report

Revenue and profit by business segment

  • Source: segment information, Annual Securities Report (Mar 2025 to Feb 2026) · Consolidated · Net sales to external customers · filed 2026-05-26
  • Share: against the total of Net sales to external customers disclosed by business (100%). Adjustments, corporate, eliminations and “other” left out as they are not businesses (so no match with company-wide Net sales to external customers). Margin: calculated against the Net sales to external customers on the same row“報告セグメント計” in the segment information of the annual securities report: ¥159.1 billion. Gap against this table’s total (the part not listed as a business, such as “other”) within 1%The account may differ from “Revenue” at the top of this page

Amounts by account

  • Totals and their component lines together; consolidated and parent-only figures mixed (right-hand column)

Selling, general and administrative expenses

  • Breakdown of selling, general and administrative expenses (costs of selling and running the company). Cost of sales not included
  • Each item: already inside the SG&A total (not added to it)

Finance

  • Net assets to total assets Net assets ÷ total assets
  • Return on assets (ROA) Net income ÷ total assets (consolidated)
  • Net assets per share Consolidated
  • Free cash flow Free cash flow: operating cash flow (cash generated by the business) plus investing cash flow (asset purchases, disposals and other investments), consolidated
  • Total assets Consolidated

Capital allocation

  • ★: position when all companies are sorted by value and cut into fifths (a position, not a rating). The five items with ★: only where both numerator and denominator are available on a consolidated basisSee the formulas
  • Cash conversion Net cash provided by (used in) operating activities ÷ operating income
  • Increase in working capital (increase in trade receivables + increase in inventories) ÷ net sales (or operating revenue)。Trade receivables up ¥2.7 billion + inventories up ¥1.7 billion, over net sales ¥159.1 billion
  • Property, plant and equipment purchases relative to depreciation Purchase of property, plant and equipment ÷ depreciation。Purchase of property, plant and equipment ¥5.1 billion, over depreciation ¥4.7 billion
  • Return to shareholders (dividends paid + purchase of treasury stock) ÷ net cash provided by operating activities。Dividends paid ¥2.3 billion + purchase of treasury stock ¥5.0 billion, over operating cash flow ¥7.0 billion
  • Extraordinary gains and losses relative to ordinary profit (extraordinary income − extraordinary loss) ÷ ordinary income。Extraordinary income ¥0.3 billion − extraordinary loss ¥1.0 billion, over ordinary income ¥10.6 billion
  • Investment securities to net assets Investment securities ÷ net assets。Investment securities ¥1.4 billion, over net assets ¥105.6 billion

Long-term changes in performance

  • Revenue Disclosed value for 2026 ÷ disclosed value for 2013

Year-on-year comparison

  • Year on year: calculated only where the item, reporting range and accounting standard match and the periods are consecutive
  • Comparison basis not confirmed: periods with a change of accounting standard or reporting range, a moved fiscal year end, or an unconfirmed period
  • ◆: a period where revenue moved 20% or more from the prior year, profit as a share of revenue moved 2.0 percentage points or more, or profit or loss changed sign. Item used named in the table and list. Not a ranking of companies

Earnings and net assets per share over time

  • Earnings per share = net profit ÷ shares; net assets per share = net assets ÷ shares. Disclosed values from the key financial indicators of the annual securities report. No share prices used

Return on equity over time

  • Return on equity (ROE): net profit as a proportion of equity. For Japanese companies, the disclosed value in the key financial indicators of the annual securities report (decimals converted to percentages)

Dividend history

  • Payout ratio: dividends as a proportion of net profit. Dividend amounts and payout ratios: the reporting company’s parent-only disclosed values (as written in the annual securities report, not recalculated from consolidated profit). Consecutive increases: years in a row, from the latest backwards, in which the annual dividend per share rose. Consecutive years with a dividend: years in a row with an annual dividend per share above zero. Both this site’s own count (not the criteria of any published index). A year with no disclosure not read as zero; counting stops there. Range limited to the years listed above.

Share ownership by holder category

  • Source: ownership table, annual securities report. Percentages as disclosed, calculated on trading units (some companies do not total exactly 100%). Foreign holders (total): institutions and individuals combined. “Individuals and others”: a register category (not necessarily the share actually held by individuals). Industry median: the middle value among companies in Retail Trade that disclose the item (industries with at least 5 companies only).

Major shareholders

  • Source: major shareholders table, annual securities report. Trust bank holdings as written (whose trust is not disclosed)

Research and development expenses and capital expenditure

  • Research and development: total in the R&D section of the annual securities report. Capital expenditure: this year’s actual spending in the capital expenditure overview (not a plan). Years: only those available in the annual securities reports on hand (one to four per company); no row for other years. Share of revenue: divided by consolidated revenue in the same annual securities report. Industry median: the middle value among companies in Retail Trade that disclose the item (industries with at least 5 companies only). Segment names and order: the same as the segment table above. Group-wide research and adjustments mean segment figures may not add up to the company-wide amount.

Revenue scale in the same industry

  • Revenue (disclosed values) of companies in the same industry, using the same grouping as the industry pages. Only the top three and the two companies either side of this one. Bar length relative to the largest company (100). An order of size, not a ranking of quality

Workforce information

  • All four: the reporting company (parent-only), as disclosed in the employee section of the annual securities report. Employees across the consolidated group: 2,892 (a different scope, kept apart from the four above). Industry median: the middle value among companies in Retail Trade that disclose the item (industries with at least 5 companies only).

People and organisation

  • Sales per employee Net sales (or operating revenue) ÷ employees
  • Operating income per employee Operating income ÷ employees
  • Average temporary staff Consolidated, average headcount other than regular employees

Audit and disclosure information

  • Whether there is a going concern note (the accounting assumption that a company will continue operating), and audit information
  • Audit firm, audit fees, going concern note and accounting standard: facts written in the latest annual securities report and the audit report filed with it (not a judgement of the company). Going concern note: “note” when the note text is present, “not applicable” when the report states nothing to report, “cannot be determined” when neither appears. Note text not reproduced. Amended filings not shown (annual securities reports only)

Data sources and calculation methods

Primary source: the annual securities report of DOUTOR NICHIRES Holdings.,Co Ltd. on EDINET, the FSA’s disclosure system (free to read)
Corporate number: 2011001053983 / Accounting standard: Japanese GAAP

  • Amounts: machine transcription of EDINET XBRL (no manual re-keying). Long narrative notes are text and not in the account list. Identifiers: machine transcription of the EDINET code list (retrieved 2026-08-22)
  • ★: position of the value calculated from disclosed figures among the 4,240 companies on this site, on a five-step scale. Not a judgement of the company. No forecasts usedThe formulas and how they are counted
  • No rank: net assets as a share of total assets, cash conversion and revenue per employee (size alone does not show quality). Industry median shown for comparison. Cash conversion of 100%: operating cash flow equal to operating profit
  • Profit-and-loss chart: only where “sales − cost of sales − SG&A = operating income” holds between disclosed values. Cost breakdown: the six largest SG&A items
  • Trend charts: key financial indicators of the annual securities report. Amounts in billions of yen (dividend per share in yen). Long-run chart joins reports filed in different years (newer report for overlapping years). Some items stop part-way after a change of accounting standard. A stock split changes the weight of one share. Consolidated and parent-only in separate tables
  • Revenue scale in the same industry: bars of revenue (disclosed values) of companies in the same industry grouping as the industry pages, largest first. Only the top three and the two companies either side of this one. Each company’s latest fiscal year. An order of size, not a ranking of quality or an investment view
  • Share prices: not published (no data source allows redistribution). No share-price-based indicators (such as the price earnings ratio) and no extension of past growth into the future
  • Average age, average length of service and average annual salary: the reporting company alone (the parent). At a holding company, a small head-office staff. Payout ratio (basic facts): dividend per share ÷ consolidated earnings per share, calculated here (the payout ratio in the annual securities report is the reporting company’s figure, on a different basis). Representative and founding date: gBizINFO (Ministry of Economy, Trade and Industry), some companies only
  • “Retrieved disclosed figures”: every value readable as a number from the annual securities report. Company-wide values only (no segment or other breakdowns)
  • Segment table: machine transcription of the segment information in the annual securities report. Business names as labelled by the company in its XBRL. No table where segment sales differ from the disclosed total by more than 1%. Adjustments, corporate, eliminations and “other” left out of the table and the share denominator, as they are not businesses
  • Breakdowns of amounts, not diagrams of how the business works. Who pays whom, and for what, is not in the disclosed figures; no lines drawn from guesswork
  • No reproduction of the book’s content. Figures from the same filings; text written separately