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Stock Analysis & ValuationGenki Global Dining Concepts Corp (9828.T)

Professional Stock Screener
Previous Close
¥3,110.00
Sector Valuation Confidence Level
Moderate
Valuation methodValue, ¥Upside, %
Artificial intelligence (AI)5049.4062
Intrinsic value (DCF)4236.4736
Graham-Dodd Method1171.15-62
Graham Formula4755.6853

Strategic Investment Analysis

Company Overview

Genki Sushi Co., Ltd. is a leading Japanese restaurant chain specializing in sushi, operating under brands such as Uobei, Genki Sushi, and Senryo. Founded in 1968 and headquartered in Utsunomiya, Japan, the company manages approximately 140 stores across Japan, Hong Kong, Mainland China, and other international markets. Genki Sushi is renowned for its conveyor belt sushi (kaiten-zushi) model, offering affordable, high-quality sushi in a fast-casual dining environment. The company leverages technology, including automated ordering systems, to enhance customer experience and operational efficiency. As part of the consumer cyclical sector, Genki Sushi benefits from Japan's strong sushi culture and growing global demand for Japanese cuisine. With a market capitalization of ¥70.28 billion, the company continues to expand its footprint while maintaining a strong brand presence in competitive markets.

Investment Summary

Genki Sushi presents a stable investment opportunity with moderate growth potential, supported by its established brand and efficient operational model. The company's low beta (0.276) indicates lower volatility compared to the broader market, appealing to risk-averse investors. Financially, Genki Sushi reported ¥61.84 billion in revenue and ¥3.26 billion in net income for FY 2024, with a diluted EPS of ¥184.77. The company maintains a healthy operating cash flow of ¥6.22 billion and a solid cash position of ¥10.55 billion, though it carries ¥10.12 billion in total debt. A dividend of ¥70 per share reflects shareholder returns. Risks include intense competition in the sushi restaurant sector and potential macroeconomic pressures affecting consumer spending in cyclical industries.

Competitive Analysis

Genki Sushi competes in the highly fragmented and competitive sushi restaurant industry, where differentiation is key. Its competitive advantage lies in its conveyor belt sushi model, which combines affordability with efficiency, appealing to both domestic and international customers. The company's use of technology, such as automated ordering systems, enhances operational efficiency and customer experience, setting it apart from traditional sushi restaurants. However, Genki Sushi faces stiff competition from both high-end sushi chains and budget-friendly alternatives. Its expansion into international markets, particularly Hong Kong and Mainland China, provides growth opportunities but also exposes it to regional economic fluctuations and cultural preferences. The company's strong brand recognition in Japan and moderate international presence position it well, but sustaining growth requires continuous innovation and adaptation to changing consumer tastes.

Major Competitors

  • Kura Sushi, Inc. (2695.JP): Kura Sushi is a major competitor in Japan's conveyor belt sushi market, known for its technology-driven dining experience and strong domestic presence. The company operates over 500 stores in Japan and has expanded into the U.S. market. Kura Sushi's strengths include its innovative sushi-making robots and customer loyalty programs. However, its international expansion is still in early stages compared to Genki Sushi's more established presence in Asia.
  • Aeon Fantasy Co., Ltd. (9977.T): Aeon Fantasy operates family-oriented entertainment and dining facilities, including sushi restaurants. While not a pure-play sushi chain, its diversified business model provides stability. However, its lack of focus on sushi limits direct competition with Genki Sushi in the specialized sushi segment.
  • Zensho Holdings Co., Ltd. (7550.T): Zensho Holdings owns the Sukiya and CoCo Ichibanya chains, competing indirectly with Genki Sushi in the fast-casual dining sector. Zensho's larger scale and diversified menu offerings provide competitive advantages, but its lack of specialization in sushi limits direct overlap with Genki Sushi's core market.
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