July 13, 2026 10:14 AM GMT DOUTOR NICHIRES Holdings (3087) | Japan M Update F2/27 1Q Results: Good Results for 1Q, and Effects of Price Hikes in Prospect from 2Q Reaction to earnings Strengthens our thesis Meaningful upside Modest revision higher Impact to our thesis Financial results versus consensus Direction of next 12-month consensus EPS Source: Company data, Morgan Stanley Research Key Takeaways 1Q OP came in at ¥3.8bn (incl. Doutor ¥2.0bn, Nichires ¥1.4bn), vs. our forecast for ¥3.1bn (¥1.6bn, ¥1.3bn) ...