Research from Mita Securities, Mita Securities

Mita Securities

Mita Securities provides a full scale diversified investment banking and financial services. A comprehensive investment banking department, specializes in rights offerings advisory, take-over bids agents, M&A etc. Including a proprietary trading desk, and wealth management department that offers brokerage, custody, real estate, and full proxy services.

Research from Mita Securities

Equity Bottom-Up

<ul><li>With the recovery of foot traffic, the company stepped up its promotional activities since late May, which had a positive effect on the guest count in June</li><li>In June, the company opened no new store. The number of stores at the end of June was 3,085 (-5 MoM)</li><li>According to the June 26 Nikkei, Skylark Holdings plans to 1) raise menu prices at its mainstay " Gusto" restaurants at the end of July, and 2) abolish uniform pricing nationwide and limit price hikes for some products at suburban restaurants</li></ul>

With the recovery of foot traffic, the company stepped up its promotional activities since late May, which had a positive effect on the guest count in JuneIn June, the company opened no new store. The number of stores at the end of June was 3,085 (-5 MoM)According to the June 26 Nikkei, Skylark Holdings plans to 1) raise menu prices at its mainstay " Gusto" restaurants at the end of July, and 2) abolish uniform pricing nationwide and limit price hikes for some products at suburban restaurants

Skylark Holdings (3197): Solid Guest Count Recovery Due to Promotions

Skylark Co Ltd

Skylark Holdings (3197): Solid Guest Count Recovery Due to Promotions