October Revenue NT$370 Million, Jan-Oct NT$4 Billion Second-Highest on Record
OTC restaurant group Kanpai (1269) announced on November 10 that its self-reported consolidated revenue for October 2026 was NT$370 million, down 14.14% year-on-year, the third-highest for the same month on record. Cumulative consolidated revenue for the first 10 months of 2026 reached NT$4 billion, up 5.42% year-on-year, the second-highest for the same period on record, maintaining a stable operating profile. The company said, looking into the fourth quarter, it will continue to expand its affordable-priced brand portfolio and is optimistic about consumer demand driven by the year-end banquet season, expecting to add growth momentum to future operations and keep overall group performance heating up.
Mid-Autumn Timing Shift Plus Typhoon Disruption, Two-Month Revenue Still Up YoY
Kanpai noted that October revenue was affected by the timing difference of the Mid-Autumn Festival holiday, with festive banquet demand reflected in advance in September, resulting in a relatively high comparison base in the same period last year, plus typhoons affecting normal operations at some stores, which weighed on monthly revenue performance. Excluding the Mid-Autumn holiday timing effect, combined consolidated revenue for September to October reached NT$805 million, up 1.84% year-on-year, the second-highest for the same period on record, showing that operating fundamentals remain solid. Among them, the Taiwan restaurant business benefited from festive banquet demand and store expansion, with revenue up 5.38% year-on-year; the retail business revenue grew 11.48% year-on-year, maintaining double-digit growth, as the main momentum driving overall group revenue.
Kurogeya Up Nearly 10%, Becomes Top Revenue Contributor in Taiwan
As temperatures gradually declined, demand for autumn-winter hotpot consumption picked up significantly, and its Japanese hotpot brands "Kurogeya" and "Kurogeya Honke" both posted October revenue better than the previous month. Among them, "Kurogeya" continued to win consumer favor, coupled with benefits from earlier store openings, with October revenue up nearly 10% year-on-year, jumping to the highest revenue-contributing brand in the Taiwan restaurant business, becoming an important force supporting the Taiwan market and reflecting that seasonal consumption trends in the autumn-winter hotpot market are taking hold.
Q4 Store Openings With Anniversary Campaign to Capture Year-End Banquet Demand
Looking into the fourth quarter, Kanpai said the group is optimistic about mass-market dining demand and will continue to expand its affordable-priced brand footprint. The "Kurogeya" Qingcheng store is scheduled to open in November, with plans to enter the Nanxi commercial district before year-end; "Gyutan Yusuke" is simultaneously preparing Yongkang and Nanxi commercial district locations, adding growth momentum to future operations. On the marketing front, all brands are launching the "2026 Thanksgiving Festival," offering spend-based scratch cards and limited-edition branded merchandise add-on purchases; "Kurogeya" and "Kurogeya Honke" are introducing autumn-winter seasonal limited hotpots to attract diners through new products and member rewards. With new stores opening one after another, plus the year-end banquet season, group operating momentum is expected to continue heating up.