Overview
Retail Trade

CHIKARANOMOTO HOLDINGS Co.,Ltd.

Chikaranomoto Holdings is a holding company operating the globally recognized Hakata ramen brand 'IPPUDO' (一風堂), founded in Fukuoka in 1985, across domestic and international restaurant segments. The company operates directly managed and franchised restaurants in Japan under the IPPUDO, RAMEN EXPRESS, Nagashima-tei, and Inaba Udon brands, while expanding the IPPUDO brand internationally across 16 countries and regions through both direct operations (USA, UK, France, Spain, Germany, Australia, Singapore, Taiwan, Indonesia) and licensing arrangements. In addition to restaurant operations, the group vertically integrates through a food product sales segment covering noodle manufacturing, wholesale distribution, and retail of IPPUDO-branded products.

Market Cap
¥44.4B
US$283M
EV
¥39.3B
US$251M
Stock¥1,474▲+1.73%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
12.7
x
LTM EV/EBIT
18.7
x
LTM PER
32.3
x
LTM PBR
3.7
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-20.1%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
44.4BUS$283MMarket Cap2.08BUS$13.3M+ Debt6.91BUS$44.1M− Cash0.26BUS$1.66M− Inv. Sec.39.3BUS$251MEV
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Performance & Balance
Revenue 5Y (¥B)
19.4US$124M'22/326.1US$167M'23/331.8US$203M'24/334.2US$218M'25/336.3US$231M'26/3
EBITDA 5Y (¥B)
1.91US$12.2M'22/33.16US$20.2M'23/34.17US$26.6M'24/33.74US$23.8M'25/33.27US$20.8M'26/3
Net Income 5Y (¥B)
0.92US$5.89M'22/31.63US$10.4M'23/32.19US$13.9M'24/31.76US$11.2M'25/31.83US$11.7M'26/3
Capital Structure
85%
EquityD/E 0.17xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
4.82US$30.8M7.37US$47.0M'22/36.79US$43.3M5.43US$34.6M'23/36.07US$38.7M2.72US$17.3M'24/37.30US$46.6M2.61US$16.6M'25/37.86US$50.1M2.06US$13.1M'26/3
Shareholders
Top 10 hold 65.1%
1
E&RS' FORCE CREATION PTE.LTD.
23.30%
2
Shigemi KAWAHARA
17.87%
3
Aso Corporation
9.75%
4
The Master Trust Bank of Japan, Ltd. (Trust Account)
4.09%
5
CFT Japan Holdings Co., Ltd.
3.63%
6
Megumi KAWAHARA
2.11%
7
BBH (Lux) for Fidelity Funds – Pacific Pool
1.35%
8
ARIAKE JAPAN Co.,Ltd.
0.99%
9
THE TORIGOE CO.,LTD.
0.99%
10
Nisshin Flour Milling Inc.
0.99%
Management
6 officers
Shigemi KAWAHARA
Representative Director, Chairman and Founder
Nov 1979 Opened "After the Rain" Oct 1985 Founded Ippudo Oct 1986 Established Chikaranomoto Co., Ltd. (limited company) Dec 1994 Representative Director, Chikaranomoto Company, Inc. (now the Company) Apr 2009 Representative Director, Watanabe Seimen Co., Ltd. Nov 2013 Managing Director, CHIKARANOMOTO GLOBAL HOLDINGS PTE. LTD. Nov 2013 Director, IPPUDO USA HOLDINGS, INC. Jan 2014 Representative Director, Chairman and CEO, the Company Apr 2016 Representative Director, Chairman, Watanabe Seimen Co., Ltd. Aug 2016 Representative Director, Chairman and President, Watanabe Seimen Co., Ltd. Apr 2018 Director, Chikaranomoto Company, Inc. Apr 2018 Director, CHIKARANOMOTO GLOBAL HOLDINGS PTE. LTD. Jun 2018 Representative Director, Chairman and President, the Company Jun 2018 Managing Director, CHIKARANOMOTO GLOBAL HOLDINGS PTE. LTD. (current) Jan 2019 Representative Director, President, Chikaranomoto Company, Inc. Apr 2019 Director, Chikaranomoto Company, Inc. Jun 2019 Representative Director, President, the Company Apr 2023 Representative Director, Chairman and Founder, the Company (current)
1952-12-18
Tomoyuki YAMANE
Representative Director, President and CEO
May 2010 Graduated from HEC Paris Business School (MBA) May 2010 Joined Chikaranomoto Company, Inc. (now the Company) Mar 2011 Manager, Overseas Business Group, Chikaranomoto Company, Inc. (now the Company) Nov 2012 Executive Officer, Chikaranomoto Company, Inc. (now the Company) Jan 2014 Director, CHIKARANOMOTO GLOBAL HOLDINGS PTE. LTD. Apr 2016 General Manager, FRA Business Division, Direct Operations Headquarters, CHIKARANOMOTO GLOBAL HOLDINGS PTE. LTD. Apr 2018 General Manager, Management Strategy Headquarters, the Company Apr 2020 Director, Chikaranomoto Company, Inc. Apr 2020 Director, Watanabe Seimen Co., Ltd. (current) Jun 2020 Director and CSO, the Company Jul 2021 Director, CHIKARANOMOTO GLOBAL HOLDINGS PTE. LTD. (current) Apr 2022 CFO and Secretary, IPPUDO CA LLC (current) Aug 2022 CFO, Director and Secretary, IPPUDO USA HOLDINGS, INC. (current) Aug 2022 CFO and Secretary, IPPUDO NY, LLC (current) Jan 2023 Director, Taiwan Ippudo Co., Ltd. Apr 2023 Representative Director, President and CEO, the Company (current) Apr 2023 Representative Director, President, Chikaranomoto Company, Inc. (current) Jul 2023 Director, IPPUDO SINGAPORE PTE. LTD. (current) Aug 2023 Director, IPPUDO AUSTRALIA Pty Ltd (current) Jul 2024 Chairman, Taiwan Ippudo Co., Ltd. (current) Feb 2025 Director, IPPUDO PARIS SAS (current) Feb 2025 Director, IPPUDO LONDON CO. LIMITED (current) Feb 2025 Director, IPPUDO ESPAÑA, S.L. (current) Feb 2025 Managing Director, Ippudo Deutschland GmbH (current)
1977-12-20
Minako SUZUKI
Director
Sep 2003 Joined Suzumo Machinery Co., Ltd., Head of President's Office Jan 2004 Head of President's Office and General Manager, Systems Division, Administration Headquarters, Suzumo Machinery Co., Ltd. Jun 2004 Director, General Manager of Administration Headquarters and Systems Division, Suzumo Machinery Co., Ltd. Jun 2007 Managing Director, Suzumo Machinery Co., Ltd. Oct 2016 Director and Executive Vice President, Suzumo Machinery Co., Ltd. Jun 2017 Representative Director, President, Suzumo Machinery Co., Ltd. Jun 2021 Representative Director, President and Executive Officer, Suzumo Machinery Co., Ltd. Apr 2025 Representative Director, Chairman, Suzumo Machinery Co., Ltd. (current) Jun 2025 Outside Director, the Company (current)
1961-08-30
Akihiro SAITO
Director (Full-time Audit and Supervisory Committee Member)
Apr 1982 Joined Sony Corporation (now Sony Group Corporation) Nov 1993 Director and CFO, Sony Corporation of Panama S.A. Aug 1999 Director, General Manager of Administration Division, Shanghai Sony Audio Visual Co., Ltd. (SSV) Nov 2006 General Manager of Accounting Division, Sony Marketing (Japan) Inc. Jun 2011 Senior Executive Vice President and Regional CFO, Sony Latin America Inc. Apr 2016 Joined Chikaranomoto Company, Inc.; seconded to CHIKARANOMOTO GLOBAL HOLDINGS PTE. LTD., Deputy Head of Business Management Division Jul 2017 Executive Officer, CHIKARANOMOTO GLOBAL HOLDINGS PTE. LTD. Oct 2018 Director, I&P RUNWAY, LLC Oct 2018 Supervisor, Taiwan Ippudo Co., Ltd. (current) Jan 2019 Commissioner, PT. IPPUDO CATERING INDONESIA (current) Feb 2021 General Manager, Internal Audit Office, the Company Apr 2021 Audit & Supervisory Board Member, Watanabe Seimen Co., Ltd. (current) Jun 2021 Director (Full-time Audit and Supervisory Committee Member), the Company (current) Nov 2021 Audit & Supervisory Board Member, Kushifuru no Daichi Co., Ltd. Jul 2022 Audit & Supervisory Board Member, Chikaranomoto Company, Inc. (current) Jun 2025 Commissioner, PT. NOODLE MANIA INDONESIA (current)
1959-05-30
Tetsuya TSUJI
Director (Audit and Supervisory Committee Member)
Apr 1997 Registered as attorney with the Second Tokyo Bar Association Aug 2003 Joined Field-R Law Office (current) Jun 2007 Audit & Supervisory Board Member, Gonzo K.K. Nov 2009 Outside Audit & Supervisory Board Member, Yume no Machi Souzou Iinkai Co., Ltd. (now Demae-can Co., Ltd.) Jan 2014 Outside Audit & Supervisory Board Member, the Company May 2017 Outside Audit & Supervisory Board Member, PLUS D Co., Ltd. Jun 2017 Outside Director (Audit and Supervisory Committee Member), the Company (current)
1970-10-20
Shinji TANABE
Director (Audit and Supervisory Committee Member)
Oct 1990 Joined Tohmatsu & Co. (now Deloitte Touche Tohmatsu LLC) Aug 1994 Registered as Certified Public Accountant Jul 1996 Joined Hongo Certified Public Accountant Office (now Tsuji Hongo Certified Public Tax Accountants Corporation) Sep 1999 Opened Tanabe Certified Public Accountant Office Jan 2009 Representative Director, Tanabe Accounting Office Co., Ltd. (current) Dec 2010 Outside Audit & Supervisory Board Member, Eurasia Tours Co., Ltd. (current) Jan 2014 Outside Audit & Supervisory Board Member, the Company Jun 2017 Outside Director (Audit and Supervisory Committee Member), the Company (current)
1965-07-03
Large Shareholding Reports
No filings
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-13
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-26
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-02-12
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-13
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-08-14
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-24
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-14
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-13
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-13
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-28
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
2023-08-10
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-29
Annual Securities Report
Period: Apr 2022 – Mar 2023
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
2022-06-30
Annual Securities Report
EDINET
2022-02-14
Quarterly Securities Report
EDINET
2021-11-15
Quarterly Securities Report
EDINET
2021-08-13
Quarterly Securities Report
EDINET
2021-06-30
Annual Securities Report
EDINET
2021-02-12
Quarterly Securities Report
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