MAGURO has launched a new brand, Kaiten Sushi Ginza Onodera-Age.3, to boost its second-half 2026 performance and achieve strong growth, along with plans to open eight additional branches in the third quarter of 2026, pushing the total number of branches to between 68 and 73 by year-end. Brokers maintain a buy recommendation with a target price of 21 baht, expecting net profit in the second quarter of 2026 to reach 37 million baht, up 14 percent from a year earlier and 7 percent from the previous quarter, supported by robust revenue growth to 582 million baht, an increase of 30 percent from a year earlier and 4 percent from the previous quarter, driven by the opening of four new branches in the second quarter of 2026, bringing the total branch count to 58. Analysts expect second-half 2026 profit to accelerate growth both year-on-year and compared to the first half, supported by continued branch expansion, revenue recognition from new branches and brands, and improved operating leverage, while maintaining the full-year 2026 profit forecast at 165 million baht, up 11 percent from a year earlier.
MAGURO GROUP PUBLIC COMPANY LIMITEDMAGURO launches new brand and plans branch expansion, driving revenue and profit growth.