Overview
Retail Trade

WDI Corporation

WDI Group is a Japan-based multi-brand restaurant operator running approximately 159 locations across Japan, North America, Micronesia, and Asia under both directly managed and franchise formats. The company's portfolio spans over 20 distinct dining concepts including Capricciosa (casual Italian), Wolfgang's Steakhouse, Tony Roma's, Hard Rock Cafe, Eggs 'n Things, Sarabeth's, and Tim Ho Wan, covering a wide spectrum from casual dining to premium experiential restaurants. WDI differentiates itself through its expertise in introducing and operating internationally recognized restaurant brands in Japan and selected overseas markets, while also developing proprietary Japanese concepts.

Market Cap
¥19.6B
US$125M
EV
¥24.9B
US$159M
Stock¥3,125▲+0.48%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
10.3
x
LTM EV/EBIT
14.7
x
LTM PER
48.7
x
LTM PBR
2.9
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-17.3%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
19.6BUS$125MMarket Cap8.84BUS$56.4M+ Debt4.78BUS$30.5M− Cash0.26BUS$1.63M− Inv. Sec.1.52BUS$9.67M+ NCI24.9BUS$159MEV
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Performance & Balance
Revenue 5Y (¥B)
19.2US$122M'22/326.2US$167M'23/331.0US$197M'24/332.0US$204M'25/334.5US$220M'26/3
EBITDA 5Y (¥B)
-0.30-US$1.90M'22/31.40US$8.94M'23/32.05US$13.1M'24/31.53US$9.73M'25/32.06US$13.1M'26/3
Net Income 5Y (¥B)
0.73US$4.62M'22/30.94US$5.99M'23/31.05US$6.72M'24/30.93US$5.93M'25/30.24US$1.50M'26/3
Capital Structure
43%
57%
EquityD/E 1.33xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
6.17US$39.4M7.36US$47.0M'22/35.45US$34.7M10.2US$64.8M'23/35.97US$38.1M10.3US$65.7M'24/35.47US$34.9M9.38US$59.8M'25/36.01US$38.3M9.94US$63.4M'26/3
Shareholders
Top 10 hold 41.5%
1
Soken Corp.
24.13%
2
Yoji SHIMIZU
9.36%
3
Ken SHIMIZU
2.46%
4
WDI Employee Stock Ownership Association
1.11%
5
JPMorgan Securities Japan Co., Ltd.
1.05%
6
Suntory Holdings Limited
0.96%
7
Nomura Securities Co., Ltd.
0.66%
8
Kirin Brewery Company, Limited
0.64%
9
Masayoshi SON
0.57%
10
Yoshihiko MIYAUCHI
0.57%
Management
9 officers
Ken SHIMIZU
Representative Director, President
Apr 1992: Joined Sakura Bank, Ltd. Jun 1993: Representative Director, Soken Corp. (current) May 1998: Joined the Company as Director Jul 2002: Director, WDI International, Inc. Apr 2003: Representative Director, President and C.O.O. of the Company Dec 2003: Commissioner, P.T. WDI Indonesia (current) Jun 2008: Representative Director, President of the Company (current) Dec 2009: Representative Director, WDI JAPAN Co., Ltd. (current) Jan 2014: Representative Director, Wolfgang's Steakhouse JAPAN Co., Ltd. (current) Jun 2018: Director, Pronexus Inc. (current) Jan 2019: Director, WDI UK Ltd. (current) Mar 2019: Representative Director, FUJIN TREE JAPAN Co., Ltd. (current) Nov 2022: Representative Director, WDI Dim Sum Japan Co., Ltd. (current)
1968-06-23
Yoji SHIMIZU
Chairman and Director
Apr 1963: Joined Tokyu Land Corporation Apr 1969: Joined Chuo Kogyo Co., Ltd.; Representative Director of the same company May 1971: Representative Director, President of the Company Aug 1979: Director, WDI International, Inc. Oct 2000: Representative Director, Chairman and C.E.O. of the Company Jun 2008: Chairman and Director of the Company (current) Jun 2017: Director, WDI JAPAN Co., Ltd.
1941-01-26
Tomoharu SASAKI
Director, General Manager of Administration Division
Apr 1989: Joined Taiyo Kobe Bank, Ltd. Mar 2000: Joined Shu Uemura System Co., Ltd. Feb 2001: Joined the Company Apr 2003: Executive Officer of the Company Apr 2003: General Manager, Administration Division of the Company (current) Jun 2006: Director of the Company (current) Dec 2009: Director, WDI JAPAN Co., Ltd. (current) Jan 2014: Audit & Supervisory Board Member, Wolfgang's Steakhouse JAPAN Co., Ltd. (current) Mar 2019: Audit & Supervisory Board Member, FUJIN TREE JAPAN Co., Ltd. (current) Feb 2021: Director, WDI International, Inc. (current) Nov 2022: Audit & Supervisory Board Member, WDI Dim Sum Japan Co., Ltd. (current)
1966-11-10
Jun HORIUCHI
Director
Jun 1993: Joined the Company Jul 2007: General Manager, International Planning Department of the Company Dec 2007: President Director, P.T. WDI Indonesia (current) Jan 2009: Director, WDI International, Inc. Apr 2009: Representative Director, WDI International, Inc. (current) Apr 2009: Director, W STEAK WAIKIKI, LLC (current) Jun 2010: Representative Director, Mundy New York, Inc. Jan 2014: Director, Wolfgang's Steakhouse JAPAN Co., Ltd. (current) Jun 2015: Director of the Company (current) Jan 2016: Representative Director, FG Restaurant, LLC (current) Mar 2016: Director, WDI New York, LLC (current) Nov 2018: President, WDI CANADA RESTAURANT, INC. (current) Jan 2019: Representative Director, WDI UK Ltd. (current) Feb 2020: Director, FLORA PLANT KITCHEN HOLDING, LLC Jul 2021: Representative Director, WDI-NQ, LLC (current)
1973-08-27
Iwao NAKATANI
Director
Apr 1965: Joined Nissan Motor Co., Ltd. Jul 1971: Assistant, Department of Economics, Harvard University Jul 1973: Lecturer and Research Fellow, Department of Economics, Harvard University Jul 1974: Associate Professor, Faculty of Economics, Osaka University Apr 1984: Professor, Faculty of Economics, Osaka University Oct 1991: Professor, Faculty of Commerce, Hitotsubashi University Jun 1999: Director, Sony Corporation Jul 1999: Professor, Faculty of Management and Information Sciences, Tama University Apr 2000: Chairman, Sanwa Research Institute (now Mitsubishi UFJ Research & Consulting Co., Ltd.) Oct 2000: Director, ASKUL Corporation Sep 2001: President and Professor, Tama University; Director, Renaissance Center, Tama University Mar 2003: Director of the Company (current) Jun 2005: Director, Fuji Fire and Marine Insurance Co., Ltd. Apr 2007: Director, Sky Perfect JSAT Holdings Inc. Apr 2010: Chairman, General Incorporated Association Fushikian Apr 2018: Representative Director, Fushikian Co., Ltd. (current)
1942-01-22
Kei ABE
Director
Apr 1982: Joined PARCO Co., Ltd. Sep 1983: Joined Early Childhood Development Association (foundation) Oct 1984: Planning Office Manager, same foundation Jan 1992: Joined Yokohama Grand InterContinental Hotel Mar 1995: Head Concierge, same hotel Jul 1995: Member, Les Clefs d'Or Singapore Japan Branch Jan 1997: Member, Les Clefs d'Or International Apr 1998: President, Les Clefs d'Or Japan Dec 2002: Chief Concierge, Grand Hyatt Tokyo Mar 2011: Honorary Member, Les Clefs d'Or Japan (current) Apr 2014: Honorary Member, Les Clefs d'Or International (current) Apr 2015: Professor, Faculty of Hospitality and Tourism, Meikai University Apr 2015: Researcher, Hospitality and Tourism Research Institute, Meikai University (current) Apr 2017: Director, Hospitality and Tourism Research Institute, Meikai University Jun 2023: Representative Partner, C Plus LLC (current) Jun 2024: Director of the Company (current) Apr 2025: Special Appointed Professor, Faculty of Hospitality and Tourism, Meikai University (current)
1959-10-26
Kinji MATSUO
Full-time Audit & Supervisory Board Member
Apr 1984: Joined Sanwa Bank, Ltd. Feb 1990: London Branch, Sanwa Bank Jan 2005: Branch Manager, Tsushima Branch, Mitsubishi UFJ Bank May 2007: Branch Manager, Azabu Branch, Mitsubishi UFJ Bank Apr 2009: Head of Model Credit Review Office and General Manager, Credit Division, Mitsubishi UFJ Bank May 2010: Branch Manager, Omiya Branch, Mitsubishi UFJ Bank May 2012: Seconded to Nihon Business Lease Co., Ltd. as General Manager, Corporate Planning Department May 2014: Joined MST Insurance Service Co., Ltd. Oct 2014: Seconded to MST Risk Consulting Co., Ltd. as General Manager, Sales Department Apr 2019: Managing Director, MST Risk Consulting Co., Ltd. Jun 2024: Full-time Audit & Supervisory Board Member of the Company (current) Jun 2024: Audit & Supervisory Board Member, WDI JAPAN Co., Ltd. (current)
1962-02-11
Koichi FUJIMOTO
Audit & Supervisory Board Member
Apr 1977: Joined Bank of Tokyo, Ltd. Feb 1991: Bank of Tokyo Trust Company (New York) Sep 2001: Branch Manager, Sagamihara Branch, Tokyo-Mitsubishi Bank Jan 2007: Joined Japan Credit Rating Agency, Ltd. Jul 2010: Executive Officer, Japan Credit Rating Agency, Ltd. Apr 2015: Senior Executive Officer, Japan Credit Rating Agency, Ltd. Sep 2016: Chief Compliance Officer, Japan Credit Rating Agency, Ltd. Jun 2020: Audit & Supervisory Board Member of the Company (current) Jun 2020: Audit & Supervisory Board Member, WDI JAPAN Co., Ltd.
1955-02-06
Yumiko TAJIMA
Audit & Supervisory Board Member
Aug 1991: Joined Reed Exhibitions Japan Ltd. Jul 1995: Joined Softbank Forum Corp. Nov 1999: Joined Microsoft Co., Ltd. Mar 2004: Director, Leverage Consulting Co., Ltd. (current) Jan 2008: Representative Director, Bramante Inc. (current) Jun 2017: Audit & Supervisory Board Member of the Company (current) Apr 2020: Visiting Professor, Faculty of Business Administration, Seikei University Jun 2021: Outside Director, CyberTrust Co., Ltd. (current)
1967-08-27
Large Shareholding Reports
Yoji SHIMIZU
2026-02-27
10.37%→9.27%
Correction filing (name/detail fix only) — ratio carried over from the original filing
Annual report (as of 2026-03-31): 9.36%
Yoji SHIMIZU
2026-02-26
10.37%→9.27%
Annual report (as of 2026-03-31): 9.36%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-12
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-25
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINETAmended
2026-02-27
Change Report
EDINET
2026-02-26
Large Shareholding Report
TDnet
2026-02-12
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-14
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-08-12
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-26
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-12
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-14
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-09
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-25
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-14
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-14
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-14
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-27
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINETAmended
2023-04-19
Amended Annual Securities Report
Period: Apr 2019 – Mar 2020
EDINETAmended
2023-04-19
Amended Annual Securities Report
Period: Apr 2018 – Mar 2019
EDINETAmended
2023-04-19
Amended Annual Securities Report
Period: Apr 2021 – Mar 2022
EDINET
2023-02-14
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-14
Quarterly Securities Report
EDINET
2022-08-12
Quarterly Securities Report
EDINET
2022-06-28
Annual Securities Report
EDINET
2022-02-14
Quarterly Securities Report
EDINET
2021-11-12
Quarterly Securities Report
EDINET
2021-08-13
Quarterly Securities Report
EDINET
2021-06-25
Annual Securities Report
EDINET
2021-02-12
Quarterly Securities Report
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