Overview
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- TickerKRUS on Nasdaq1
- IndustryRetail-Eating Places1
- HeadquartersIrvine, California1
- Incorporated inDE4
- Business address17461 Derian Ave., Suite 200, Irvine, Ca 926144
- Filer categoryAccelerated filer4
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Kura Sushi USA, Inc. (“Kura Sushi”) is a technology-enabled Japanese restaurant concept that provides guests with a distinctive dining experience by serving authentic Japanese cuisine through an engaging revolving sushi service model, which we refer to as the “Kura Experience.” We encourage healthy lifestyles by serving freshly prepared Japanese cuisine using high-quality ingredients that are free from artificial seasonings, sweeteners, colorings, and preservatives. We aim to make quality Japanese cuisine accessible to our guests across the United States through affordable prices and an inviting atmosphere.5 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Other costs100¢$282.5M
- Interest0¢$70.0K
- Income tax0¢$175.0K
Out of $282.8M in revenue.3 The company lost money this year.
Where each dollar of operating cash went, fiscal 2025
- Capital spending100¢$46.1M
Out of $24.7M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.3
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.3
| Period ending | 2025-08-31 | 2024-08-31 | 2023-08-31 |
|---|---|---|---|
| Sales | $282.8M | $237.9M | $187.4M |
| Depreciation and amortization expenses | $13.6M | $11.4M | $7.4M |
| Other costs | $40.9M | $34.1M | $24.4M |
| Total restaurant operating costs | $249.3M | $208.3M | $158.7M |
| General and administrative expenses | $37.7M | $39.0M | $28.0M |
| Depreciation and amortization expenses | $448.0K | $425.0K | $410.0K |
| Impairment of long-lived assets | $1.6M | $0 | |
| Total operating expenses | $287.5M | $249.4M | $187.1M |
| Operating income (loss) | -$4.8M | -$11.5M | $332.0K |
| Interest expense | $70.0K | $47.0K | $69.0K |
| Interest income | -$3.1M | -$2.9M | -$1.5M |
| Income (loss) before income taxes | -$1.7M | -$8.6M | $1.7M |
| Income tax expense | $175.0K | $167.0K | $233.0K |
| Net income (loss) | -$1.9M | -$8.8M | $1.5M |
| Basic | -$0.16 | -$0.79 | $0.15 |
| Diluted | -$0.16 | -$0.79 | $0.14 |
| Basic | 11.9M shares | 11.2M shares | 10.3M shares |
| Diluted | 11.9M shares | 11.2M shares | 10.6M shares |
| Unrealized gain (loss) on short-term investments | -$23.0K | -$43.0K | $43.0K |
| Comprehensive income (loss) | -$1.9M | -$8.8M | $1.5M |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.3
| Period ending | 2025-08-31 | 2024-08-31 | 2023-08-31 | 2022-08-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $47.5M | $51.0M | ||
| Short-term investments | $15.0M | |||
| Accounts and other receivables | $6.4M | $4.6M | ||
| Inventories | $2.1M | $2.2M | ||
| Prepaid expenses and other current assets | $4.3M | $3.4M | ||
| Total current assets | $75.4M | $61.3M | ||
| Property and equipment net | $171.2M | $138.6M | ||
| Operating lease right-of-use assets | $146.4M | $123.7M | ||
| Long-term investments | $29.5M | |||
| Deposits and other assets | $8.3M | $4.9M | ||
| Total assets | $430.9M | $328.5M | ||
| Accounts payable | $11.5M | $9.0M | ||
| Accrued expenses and other current liabilities | $4.1M | $4.3M | ||
| Salaries and wages payable | $10.3M | $8.3M | ||
| Operating lease liabilities current | $14.1M | $10.7M | ||
| Due to affiliate | $525.0K | $373.0K | ||
| Sales tax payable | $2.2M | $1.9M | ||
| Total current liabilities | $42.8M | $34.5M | ||
| Operating lease liabilities non-current | $155.9M | $130.7M | ||
| Other liabilities | $1.2M | $808.0K | ||
| Total liabilities | $199.9M | $166.0M | ||
| Additional paid-in capital | $266.0M | $195.5M | ||
| Accumulated deficit | -$34.9M | -$33.0M | ||
| Accumulated other comprehensive loss | -$23.0K | |||
| Total stockholders' equity | $231.1M | $162.5M | $164.6M | $93.3M |
| Total liabilities and stockholders' equity | $430.9M | $328.5M | ||
| Preferred stock, par value | $0.00 | $0.00 | ||
| Preferred Stock, Shares Authorized | 1.0M shares | 1.0M shares | ||
| Preferred Stock, Shares Issued | 0 shares | 0 shares | ||
| Preferred Stock, Shares Outstanding | 0 shares | 0 shares |
| Period ending | 2025-08-31 | 2024-08-31 | 2023-08-31 | 2022-08-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $47.5M | $51.0M | ||
| Short-term investments | $15.0M | |||
| Accounts and other receivables | $6.4M | $4.6M | ||
| Inventories | $2.1M | $2.2M | ||
| Prepaid expenses and other current assets | $4.3M | $3.4M | ||
| Total current assets | $75.4M | $61.3M | ||
| Property and equipment net | $171.2M | $138.6M | ||
| Operating lease right-of-use assets | $146.4M | $123.7M | ||
| Long-term investments | $29.5M | |||
| Deposits and other assets | $8.3M | $4.9M | ||
| Total assets | $430.9M | $328.5M | ||
| Accounts payable | $11.5M | $9.0M | ||
| Accrued expenses and other current liabilities | $4.1M | $4.3M | ||
| Salaries and wages payable | $10.3M | $8.3M | ||
| Operating lease liabilities current | $14.1M | $10.7M | ||
| Due to affiliate | $525.0K | $373.0K | ||
| Sales tax payable | $2.2M | $1.9M | ||
| Total current liabilities | $42.8M | $34.5M | ||
| Operating lease liabilities non-current | $155.9M | $130.7M | ||
| Other liabilities | $1.2M | $808.0K | ||
| Total liabilities | $199.9M | $166.0M | ||
| Additional paid-in capital | $266.0M | $195.5M | ||
| Accumulated deficit | -$34.9M | -$33.0M | ||
| Accumulated other comprehensive loss | -$23.0K | |||
| Total stockholders' equity | $231.1M | $162.5M | $164.6M | $93.3M |
| Total liabilities and stockholders' equity | $430.9M | $328.5M | ||
| Preferred stock, par value | $0.00 | $0.00 | ||
| Preferred Stock, Shares Authorized | 1.0M shares | 1.0M shares | ||
| Preferred Stock, Shares Issued | 0 shares | 0 shares | ||
| Preferred Stock, Shares Outstanding | 0 shares | 0 shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.3
| Period ending | 2025-08-31 | 2024-08-31 | 2023-08-31 |
|---|---|---|---|
| Net income (loss) | -$1.9M | -$8.8M | $1.5M |
| Depreciation and amortization | $14.0M | $11.8M | $7.8M |
| Stock-based compensation, net of amounts capitalized | $4.7M | $4.3M | $3.5M |
| Gain on short-term investments | $43.0K | ||
| Loss on disposal of property and equipment | $109.0K | $22.0K | $53.0K |
| Impairment of long-lived assets | $1.6M | $0 | |
| Bond premium amortization | $345.0K | ||
| Accounts and other receivables | -$2.1M | -$1.8M | -$353.0K |
| Inventories | $78.0K | -$472.0K | -$627.0K |
| Due from affiliate | $40.0K | -$62.0K | $52.0K |
| Prepaid expenses and other current assets | -$627.0K | $1.1M | -$1.2M |
| Deposits and other assets | -$1.2M | $336.0K | $146.0K |
| Accounts payable | $2.8M | $623.0K | $1.7M |
| Accrued expenses and other current liabilities | -$718.0K | $1.2M | -$336.0K |
| Salary and wages payable | $2.0M | $715.0K | $1.6M |
| Operating lease liabilities | $6.7M | $4.8M | $3.6M |
| Due to affiliate | $109.0K | $2.0K | $65.0K |
| Sales tax payable | $288.0K | $314.0K | $335.0K |
| Net cash provided by operating activities | $24.7M | $15.6M | $18.1M |
| Payments for property and equipment | -$46.1M | -$44.3M | -$39.1M |
| Payments for initial direct costs | -$513.0K | -$432.0K | -$550.0K |
| Payments for purchases of liquor licenses | -$2.2M | -$275.0K | -$1.7M |
| Purchases of investments | -$74.7M | -$3.5M | -$9.3M |
| Maturities and redemption of investments | $29.8M | $12.0M | $750.0K |
| Net cash used in investing activities | -$93.7M | -$36.5M | -$49.9M |
| Repayment of principal on finance leases | -$51.0K | -$75.0K | -$498.0K |
| Taxes paid on vested restricted stock awards | -$346.0K | -$280.0K | |
| Proceeds from stock option exercises | $1.6M | $2.5M | $2.0M |
| Proceeds from follow-on public offering, net of discounts and commissions | $64.6M | $64.9M | |
| Payments of costs related to the follow-on offering | -$272.0K | -$600.0K | |
| Net cash provided by financing activities | $65.5M | $2.1M | $65.8M |
| Increase (decrease) in cash and cash equivalents | -$3.5M | -$18.7M | $33.9M |
| Cash paid for income taxes (net of refunds) | $257.0K | $265.0K | $108.0K |
| Acquisition of finance leases | $172.0K | $34.0K | $61.0K |
| Amounts unpaid for purchases of property and equipment | $3.2M | $2.8M | $1.6M |
| Stock-based compensation capitalized to property and equipment- net | $146.0K | $218.0K |
No quarter-by-quarter statement was filed.
Corporate structure
Kura Sushi USA is part of a group headed by Kura Sushi. 3 entities, 3 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Kura Sushi USA
- Divisadero Street Capital Management, LP Filed SCHEDULE 13G/A on Kura Sushi USA, latest Aug 14, 2026 (4 filings since Nov 5, 2025)
- Hood River Capital Management LLC Filed SCHEDULE 13G/A on Kura Sushi USA, latest Aug 14, 2026 (2 filings since Feb 17, 2026)
- STEPHENS INC /AR/ Filed SCHEDULE 13G/A on Kura Sushi USA, latest Aug 13, 2026 (7 filings since Feb 11, 2022)
- Granahan Investment Management, LLC Filed SCHEDULE 13G/A on Kura Sushi USA, latest Aug 11, 2026 (2 filings since Nov 14, 2025)
- FMR LLC Filed SCHEDULE 13G on Kura Sushi USA, latest May 6, 2026 (7 filings since Feb 9, 2024)
- INTEGRATED CORE STRATEGIES (US) LLC Filed SCHEDULE 13G/A on Kura Sushi USA, latest Apr 20, 2026 (2 filings since Feb 6, 2026)
- 12 West Capital Management LP Filed SCHEDULE 13G/A on Kura Sushi USA, latest Feb 17, 2026 (2 filings since Feb 14, 2025)
- Portolan Capital Management, LLC Filed SC 13G/A on Kura Sushi USA, latest Feb 14, 2024 (2 filings since Jan 20, 2023)
- Jerry Newman Carr Filed SC 13G/A on Kura Sushi USA, latest Feb 13, 2024 (2 filings since Feb 4, 2022)
- Kura Sushi Osaka Prefecture
- Kura Sushi USA Irvine, California
- Kura Sushi Asia Subsidiary · 83.17% · Taipei
Built from subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Kura Sushi USA reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $223.8M3 Aug 31, 2025 | $177.5M3 Aug 31, 2024 | +26.1% |
| Accumulated depreciation | $52.6M3 Aug 31, 2025 | $38.9M3 Aug 31, 2024 | +35.4% |
| Property and equipment, net | $171.2M3 Aug 31, 2025 | $138.6M3 Aug 31, 2024 | +23.5% |
| Operating-lease assets (leased space) | $146.4M3 Aug 31, 2025 | $123.7M3 Aug 31, 2024 | +18.4% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $47.5M3 Aug 31, 2025 | $51.0M3 Aug 31, 2024 | −6.8% |
| Marketable securities, current | $15.0M3 Aug 31, 2025 | $8.5M10 Aug 31, 2023 | +75.2% |
| Debt securities available for sale | $16.4M3 Aug 31, 2025 | ||
| Debt securities held to maturity | $28.1M3 Aug 31, 2025 | ||
| Long-term investments | $29.5M3 Aug 31, 2025 |
Inventory
Properties, in its own words
As of August 31, 2025, we operate 79 restaurants in 22 U.S. states and Washington, D.C. We operate a variety of restaurant formats, including in-line and end-cap restaurants located in retail centers of varying sizes. Our restaurants range in size from 1,600 to 7,920 square feet, with an average of approximately 3,400 square feet. We lease the property for our corporate offices and warehouse located in Irvine and Huntington Beach, California, respectively, and all of the properties on which we operate our restaurants.
The table below shows the locations of our restaurants as of August 31, 2025:
The rest of Item 2
Location · Number of Restaurants
Arizona · 3
California · 21
Colorado · 1
Florida · 4
Georgia · 3
Illinois · 4
Indiana · 1
Maryland · 1
Massachusetts · 3
Michigan · 2
Minnesota · 1
Missouri · 1
Nevada · 1
New Jersey · 5
New York · 4
Ohio · 1
Oregon · 1
Pennsylvania · 2
Texas · 14
Utah · 1
Virginia · 1
Washington · 3
Washington, D.C. · 1
Total · 79
We are obligated under non-cancelable leases for the majority of our restaurants, as well as our corporate offices. The majority of our restaurant leases have lease terms of twenty years, inclusive of customary extensions which are at our option. Our restaurant leases generally require us to pay a proportionate share of real estate taxes, insurance, common area maintenance charges, and other operating costs. Some restaurant leases provide for contingent rental payments based on sales thresholds.
Item 2 of the 10-K filed Nov 6, 2025.5
Leadership
Who has led Kura Sushi USA, and when. Pick a name to see everywhere that person has worked.
Chief financial officer
Chief operating officer
- Chief financial officerJeffrey J. Uttz Oct 4, 2022 to Feb 5, 202414
- Chief financial officerBenrubi Steven Dec 7, 2020 to Feb 2, 202215
- Chief operating officerShahin Allameh Jul 26, 2021 to now16
- Chief operating officerManabu Kamei Jul 31, 2019 to Dec 4, 201917
Board members and other officers (17)
- OfficerJeffrey J. Uttz Aug 5, 2024 to now18
- Chief People OfficerArlene Petokas Aug 28, 2024 to now19
- Chief Development OfficerRobert Kluger Aug 28, 2024 to now20
- OfficerBrent Takao Aug 1, 2022 to now21
- OfficerHajime Uba Jul 31, 2019 to now22
- Director of OperationsHideto Sugimoto Jul 31, 2019 to Jan 23, 202023
- OfficerKoji Shinohara Jul 31, 2019 to Dec 4, 201924
- Board memberClaudia Schaefer Jan 22, 2026 to now25
- Board memberTreasa Bowers Jul 11, 2024 to now26
- Board memberCarin Stutz Dec 1, 2021 to now27
- Board memberHiroyuki Okamoto Oct 23, 2020 to Feb 3, 202128
- Board memberHajime Uba Jul 31, 2019 to now22
- Board memberKoji Shinohara Jul 31, 2019 to Jul 31, 201924
- Board memberManabu Kamei Jul 31, 2019 to Dec 4, 201917
- Board memberSeitaro Ishii Jul 31, 2019 to now29
- Board memberShintaro Asako Aug 6, 2019 to now30
- Board memberKim Ellis Dec 4, 2019 to now31
Subsidiaries and ownership
Parent company
Owners
From Wikidata.1
Timeline
- Jul 7, 20268-K Results of operations32
- Apr 7, 20268-K Results of operations; Executive or director change; Regulation FD disclosure33
- Jan 22, 20268-K Shareholder vote; Regulation FD disclosure34
- Jan 7, 20268-K Results of operations35
- Nov 6, 20258-K Results of operations36
- Jul 8, 20258-K Results of operations37
- Apr 8, 20258-K Results of operations38
- Jan 24, 20258-K Shareholder vote; Other events39
- Jan 7, 20258-K Results of operations40
- Nov 13, 20248-K Entered a material agreement; Regulation FD disclosure41
- Nov 12, 20248-K Regulation FD disclosure42
- Nov 6, 20248-K Results of operations43
- Aug 1, 2019Went public Listed on NASDAQ1
Calendar
Coming up
- Nov 5, 2026 · After the closeReports results for the quarter ending Aug/2026 A year earlier it reported $0.20 a share, on Nov 6, 2025.44
When it reported results
- Jul 7, 2026Reported quarterly or annual results32
- Apr 7, 2026Reported quarterly or annual results33
- Jan 7, 2026Reported quarterly or annual results35
- Nov 6, 2025Reported quarterly or annual results36
- Jul 8, 2025Reported quarterly or annual results37
- Apr 8, 2025Reported quarterly or annual results38
- Jan 7, 2025Reported quarterly or annual results40
- Nov 6, 2024Reported quarterly or annual results43
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
192 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 36 major events, 77 insider forms, 31 large holders, 28 other. The latest 20:
- Aug 14, 2026SCHEDULE 13G/A EDGAR
- Aug 14, 2026SCHEDULE 13G/A EDGAR
- Aug 13, 2026SCHEDULE 13G/A EDGAR
- Aug 11, 2026SCHEDULE 13G/A EDGAR
- Jul 20, 2026144 EDGAR
- Jul 7, 202610-Q EDGAR
- Jul 7, 20268-K EDGAR
- May 7, 2026SCHEDULE 13G/A EDGAR
- May 6, 2026SCHEDULE 13G EDGAR
- May 1, 2026SCHEDULE 13G EDGAR
- Apr 20, 2026SCHEDULE 13G/A EDGAR
- Apr 7, 202610-Q EDGAR
- Apr 7, 20268-K EDGAR
- Mar 24, 2026144 EDGAR
- Feb 17, 2026SCHEDULE 13G EDGAR
- Feb 17, 2026SCHEDULE 13G/A EDGAR
- Feb 13, 2026SCHEDULE 13G/A EDGAR
- Feb 6, 2026SCHEDULE 13G EDGAR
- Feb 4, 20264 EDGAR
- Feb 4, 20264 EDGAR
The 192 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
6 open-market trades by officers, directors and large owners since October 2021: 2 buys and 4 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jan 16, 2026 | UBA HAJIMESEE REMARKS (a) | Sale | 9,874 | $72.93 | $720.1K | Form 4 |
| Jan 16, 2025 | ISHII SEITARODirector | Sale | 6,918 | $83.03 | $574.4K | Form 4 |
| Apr 12, 2024 | ISHII SEITARODirector | Sale | 5,000 | $109.97 | $549.9K | Form 4 |
| Jan 12, 2024 | TAKAO BRENTSee Remarks | Sale | 14,422 | $88.98 | $1.3M | Form 4 |
| Nov 13, 2023 | STUTZ CARINDirector | Buy | 1,500 | $52.37 | $78.6K | Form 4 |
| Jan 19, 2022 | STUTZ CARINDirector | Buy | 350 | $51.18 | $17.9K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Divisadero Street Capital Management, LPSCHEDULE 13G/A, 4 filings Nov 5, 2025 to Aug 14, 202645
- Hood River Capital Management LLCSCHEDULE 13G/A, 2 filings Feb 17, 2026 to Aug 14, 202646
- STEPHENS INC /AR/SCHEDULE 13G/A, 7 filings Feb 11, 2022 to Aug 13, 202647
- Granahan Investment Management, LLCSCHEDULE 13G/A, 2 filings Nov 14, 2025 to Aug 11, 202648
- FMR LLCSCHEDULE 13G, 7 filings Feb 9, 2024 to May 6, 202649
- INTEGRATED CORE STRATEGIES (US) LLCSCHEDULE 13G/A, 2 filings Feb 6, 2026 to Apr 20, 202650
- 12 West Capital Management LPSCHEDULE 13G/A, 2 filings Feb 14, 2025 to Feb 17, 202651
- Portolan Capital Management, LLCSC 13G/A, 2 filings Jan 20, 2023 to Feb 14, 202452
- Jerry Newman CarrSC 13G/A, 2 filings Feb 4, 2022 to Feb 13, 202453
- Kura SushiSC 13G/A, 1 filing Feb 10, 202254
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | Hajime Uba | 48 | $517.5K | $1.2M55 |
| 2025 | Jeffrey Uttz | 56 | $387.5K | $775.2K55 |
| 2025 | Shahin Allameh | 53 | $316.0K | $592.3K55 |
| 2025 | Robert Kluger | 56 | $291.0K | $542.2K55 |
| 2025 | Arlene Petokas | 56 | $281.0K | $502.1K55 |
| 2024 | PresidentChief Executive Officer, Director and Chairman of the Board | $487.5K | $931.5K55 | |
| 2024 | Chief Financial Officer | $370.8K | $654.4K55 | |
| 2024 | Chief Operating Officer | $302.5K | $499.3K55 | |
| 2024 | Chief Development Officer | $283.3K | $473.2K55 | |
| 2024 | Chief People Officer | $273.3K | $434.0K55 | |
| 2023 | Chief Financial Officer | $325.3K | $2.0M55 | |
| 2023 | PresidentChief Executive Officer, Director and Chairman of the Board | $431.4K | $1.1M55 | |
| 2023 | Chief Operating Officer | $302.9K | $537.5K55 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Stephens Inc /ar/ | 1,102,847 | $63.5M | 0.7% | −4,416 |
| Fmr LLC | 818,917 | $47.1M | 0.0% | +90,802 |
| Granahan Investment Management, LLC | 801,969 | $46.2M | 1.6% | +194,052 |
| BlackRock, Inc. | 792,458 | $45.6M | 0.0% | +298,487 |
| Jane Street Group, LLC | 348,271 | $20.0M | 0.0% | New |
| Two Sigma Investments, LP | 335,347 | $19.3M | 0.0% | −10,682 |
| Portolan Capital Management, LLC | 302,010 | $17.4M | 0.7% | +798 |
| Vanguard Capital Management LLC | 273,204 | $15.7M | 0.0% | +2,258 |
| UBS Group AG | 202,583 | $11.7M | 0.0% | +60,306 |
| Dimensional Fund Advisors LP | 200,364 | $11.5M | 0.0% | +12,458 |
| Pillsbury Lake Capital LLC | 176,989 | $10.2M | 2.8% | +58,428 |
| 12 West Capital Management LP | 175,000 | $10.1M | 1.9% | −271,415 |
| Geode Capital Management, LLC | 174,717 | $10.1M | 0.0% | +10,481 |
| Granite Investment Partners, LLC | 149,803 | $8.6M | 0.4% | +45,804 |
| Meros Investment Management, LP | 147,676 | $8.5M | 2.7% | +57,000 |
| Goldman Sachs Group Inc | 145,227 | $8.4M | 0.0% | +45,522 |
| State Street Corp | 142,144 | $8.2M | 0.0% | +2,839 |
| Wasatch Advisors LP | 137,336 | $7.9M | 0.1% | No change |
| Fred Alger Management, LLC | 127,204 | $7.3M | 0.0% | −16,976 |
| Northern Trust Corp | 114,430 | $6.6M | 0.0% | +16,111 |
| Citadel Advisors LLC | 106,524 | $6.1M | 0.0% | +68,189 |
| Point72 Asset Management, L.P. | 100,991 | $5.8M | 0.0% | +77,097 |
| Marshall Wace, Llp | 99,248 | $5.7M | 0.0% | +51,266 |
| Tudor Investment Corp Et Al | 98,899 | $5.7M | 0.0% | +92,743 |
| Segall Bryant & Hamill, LLC | 96,133 | $5.5M | 0.1% | +1,694 |
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How Kura Sushi USA is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARKURA SUSHI USA, INC.2
- CIK0001772177
- Employer ID (EIN)26-38084345
- Filer statusAccelerated filer not an emerging growth company; not a smaller reporting company; not a shell company5
- Incorporated inDelaware5
- Fiscal year endsAugust 312
- Industry code (SIC)5812 Retail-Eating Places2
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance2
- Business address17461 Derian Ave., Suite 200, Irvine, CA 926142
- Phone94974817862
- Shares outstanding11,111,427 Common Class A shares; 1,000,050 Common Class B shares as of Nov 3, 20255
- Public float$432.8M as of Feb 28, 20255
- AuditorKPMG LLP, San Diego, CA PCAOB ID 185; it also attests to the company’s internal control over financial reporting5
- On EDGAR sinceApr 5, 20192
- Filings308 in all: 4 (85), 8-K (66), 10-Q (21), 3 (18), SCHEDULE 13G/A (13), SC 13G/A (12), CORRESP (11), UPLOAD (11)2
All 27 form types
SC 13G (8), 10-K (7), DEF 14A (7), DEFA14A (7), SCHEDULE 13G (7), 424B5 (6), 144 (5), EFFECT (4), S-1/A (3), S-3 (3), CERT (2), DRS/A (2), DRSLTR (2), S-3MEF (2), S-8 (2), 424B4 (1), 8-A12B (1), DRS (1), S-1 (1)
- Latest filingsAnnual report (10-K) Nov 6, 2025
Quarterly report (10-Q) Jul 7, 2026
Proxy statement (DEF 14A) Dec 10, 2025
Latest 8-K (8-K) Jul 7, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Class A Common Stock, $0.001 par value per share | KRUS | The Nasdaq Stock Market LLC |
From the cover page of the 10-K filed Nov 6, 2025 (Section 12(b) of the Exchange Act).5
Risk factors and legal proceedings
The risks Kura Sushi USA names in Item 1A of its 10-K filed Nov 6, 2025: 49 risks under these headings, as written.5
- Risks Related to Our Operations and Growth Strategy
- We have experienced and continue to experience inflationary conditions with respect to the cost for food, ingredients, labor, construction, equipment and utilities, and we may not be able to increase prices or implement operational improvements sufficient to fully offset inflationary pressures on such costs, which may adversely impact our revenues and results of operations.
- Our long-term success is highly dependent on our ability to successfully identify and secure appropriate sites and timely develop and expand our operations in existing and new markets.
- Our expansion into new markets may present increased risks due in part to our unfamiliarity with the areas and also due to consumer unfamiliarity with our revolving sushi bar concept and may make our future results unpredictable and the increases in average restaurant sales and comparable restaurant sales that we have experienced in the past may not be indicative of future results.
- Opening new restaurants in existing markets may negatively affect sales at our existing restaurants.
- Our sales and profit growth could be adversely affected if comparable restaurant sales are less than we expect.
- Our failure to manage our growth effectively could harm our business and operating results.
- Our limited number of restaurants, the significant expense associated with opening new restaurants, and the unit volumes of our new restaurants makes us susceptible to significant fluctuations in our results of operations.
- Our restaurant base is geographically concentrated in California and Texas, and we could be negatively affected by conditions specific to these states.
- A decline in visitors to any of the retail centers, shopping malls, lifestyle centers, or entertainment centers where our restaurants are located could negatively affect our restaurant sales.
- Risks Related to Our Relationships with Kura Japan and Other Key Suppliers
- We have historically received strategic, operational and financial support from Kura Japan, and as we increase our independence from Kura Japan, we may face difficulties replacing certain services, supplies and financial assistance Kura Japan has provided to us.
The other 39 risks
- Our indebtedness to Kura Japan may limit our ability to be acquired by a third party or acquire a third party.
- Any events or circumstances that result in the termination or limitation of our rights under our agreement between us and Kura Japan of our intellectual property could have a material adverse effect on our business, financial condition or results of operations.
- We may become involved in lawsuits involving Kura Japan as the owner of intellectual property, or us as a licensee of intellectual property from Kura Japan, to protect or enforce intellectual property rights, which could be expensive, time consuming, and unsuccessful.
- We rely significantly on certain vendors and suppliers, which could adversely affect our business, financial condition or results of operations.
- Changes in food and supply costs and/or availability of products could adversely affect our business, financial condition or results of operations.
- Other Commercial, Operational, Financial and Regulatory Risks
- Operating results at our restaurants could be significantly affected by competition in the restaurant industry in general and, in particular, within the dining segments of the restaurant industry in which we compete.
- Changes in economic conditions including changes in U.S. or global trade policy could materially affect our ability to maintain or increase sales at our restaurants or open new restaurants.
- Food safety and foodborne illness concerns as well as outbreaks of flu, viruses or other diseases could have an adverse effect on our business, financial condition or results of operations.
- New information or attitudes regarding diet and health could result in changes in regulations and consumer consumption habits that could adversely affect our business, financial condition or results of operations.
- We rely significantly on the operation of our revolving and express conveyor belts, sushi robots and other automated equipment, and any mechanical failure could prevent us from effectively operating our restaurants.
- We rely significantly on information technology and cybersecurity, and any material failure, weakness, interruption or breach of security could prevent us from effectively operating our business.
- A breach of security of confidential consumer information related to our electronic processing of credit and debit card transactions, as well as a breach of security of our employee information, could substantially affect our reputation, business, financial condition or results of operations.
- Our inability or failure to recognize, respond to and effectively manage the accelerated impact of social media and other digital platforms, and the overall success of our marketing programs, could materially adversely impact our business, financial condition or results of operations.
- Negative publicity relating to one of our restaurants could reduce sales at some or all of our other restaurants.
- We are subject to all of the risks associated with leasing space subject to long-term non-cancelable leases.
- We may need capital in the future, and we may not be able to raise that capital on favorable terms.
- We depend on our senior management team and other key employees, and the loss of one or more key personnel or an inability to attract, hire, integrate and retain highly skilled personnel could have an adverse effect on our business, financial condition or results of operations.
- As we face labor shortages and increased labor costs, or if we face unionization activities, our growth, business, financial condition and operating results could be adversely affected.
- Our business could be adversely affected by a failure to obtain visas or work permits or to properly verify the employment eligibility of our employees.
- Labor disputes may disrupt our operations and affect our profitability, thereby causing a material adverse effect on our business, financial condition or results of operations.
- Changes in employment laws may adversely affect our business, financial condition, or results of operations.
- Governmental regulation may adversely affect our ability to open new restaurants or otherwise adversely affect our business, financial condition or results of operations.
- We could be party to litigation that could adversely affect us by distracting management, increasing our expenses or subjecting us to material money damages and other remedies.
- Our current insurance may not provide adequate levels of coverage against claims.
- Changes to accounting rules or regulations may adversely affect our business, financial condition or results of operations.
- Our ability to use our net operating loss carryforwards and certain other tax attributes may be limited.
- Changes in tax laws and unanticipated tax liabilities could adversely affect our financial results.
- Risks Related to Ownership of Our Class A Common Stock
- There may be an adverse effect on the value and liquidity of our Class A common stock due to the disparate voting rights of our Class A common stock and our Class B common stock.
- Our quarterly operating results may fluctuate significantly and could fall below the expectations of securities analysts and investors due to seasonality and other factors, some of which are beyond our control, resulting in a decline in our stock price.
- The price of our common stock may be volatile and you may lose all or part of your investment.
- Future sales of our common stock, or the perception that such sales may occur, could depress our common stock price.
- If securities or industry analysts do not publish research or publish inaccurate or unfavorable research about our business, our stock price and trading volume could decline.
- We do not intend to pay dividends for the foreseeable future.
- Provisions in our charter documents and Delaware law may delay or prevent our acquisition by a third party.
- Our amended and restated certificate of incorporation and amended and restated bylaws each contain an exclusive forum provision, which could limit a stockholder’s ability to obtain a favorable judicial forum for disputes with us or our directors, officers or other employees.
- Risks Related to Our Organizational Structure
- We are controlled by Kura Japan, whose interests may differ from those of our other stockholders.
- We are a “controlled company” within the meaning of the Nasdaq listing standards and, as a result, will qualify for, and may rely on, exemptions from certain corporate governance requirements. You will not have the same protections afforded to stockholders of companies that are subject to such requirements.
- The interests of Kura Japan may conflict with ours or yours in the future.
- The corporate opportunity provisions in our amended and restated certificate of incorporation could enable Kura Japan to benefit from corporate opportunities that might otherwise be available to us.
Legal proceedings
For a description of our legal proceedings, see Part II, Item 8, Note 11 — Commitments and Contingencies of the Notes to Financial Statements of this Annual Report on Form 10-K, which is incorporated herein by reference.
The opening of Item 3, Legal Proceedings.5
Links
- WikidataQ108415503
- SEC EDGARCIK 1772177
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataKura Sushi USA on Wikidata
- 2SEC EDGARKura Sushi USA filings on SEC EDGAR
- 3SEC EDGARKura Sushi USA 10-K for fiscal 2025
- 4SEC EDGARKura Sushi USA filings on SEC EDGAR
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- 6SEC EDGARKura Sushi USA 10-K for fiscal 2018
- 7SEC EDGARKura Sushi USA 10-K for fiscal 2019
- 8SEC EDGARKura Sushi USA 10-K for fiscal 2020
- 9SEC EDGARKura Sushi USA 10-K for fiscal 2021
- 10SEC EDGARKura Sushi USA 10-K for fiscal 2022
- 11SEC EDGARKura Sushi USA 10-Q for fiscal 2025
- 12SEC EDGARKura Sushi USA 10-Q for fiscal 2026
- 13SEC EDGARKura Sushi USA 10-Q for fiscal 2026
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- 18SEC EDGARJeffrey J. Uttz, Officer
- 19SEC EDGARArlene Petokas, Chief People Officer
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- 21SEC EDGARBrent Takao, Officer
- 22SEC EDGARHajime Uba, Officer
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- 24SEC EDGARKoji Shinohara, Officer
- 25SEC EDGARClaudia Schaefer, Board member
- 26SEC EDGARTreasa Bowers, Board member
- 27SEC EDGARCarin Stutz, Board member
- 28SEC EDGARHiroyuki Okamoto, Board member
- 29SEC EDGARSeitaro Ishii, Board member
- 30SEC EDGARShintaro Asako, Board member
- 31SEC EDGARKim Ellis, Board member
- 32SEC EDGARResults of operations
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- 35SEC EDGARResults of operations
- 36SEC EDGARResults of operations
- 37SEC EDGARResults of operations
- 38SEC EDGARResults of operations
- 39SEC EDGARShareholder vote; Other events
- 40SEC EDGARResults of operations
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- 42SEC EDGARRegulation FD disclosure
- 43SEC EDGARResults of operations
- 44NasdaqNasdaq calendar
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