MEDIUMOutside partySupplier
JFC
“10-K Item 1A: 'We rely on JFC as one of our primary suppliers. JFC provided us with food products equaling 53%, 58%, and 55% of our total food and beverage costs'”
KRUS · Concentration risk · 10-K extracted
Kura Sushi USA (KRUS) concentration risks
Updated
The most significant concentration Kura Sushi USA discloses is JFC, classified MEDIUM by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
Show full disclosure ▾Hide full disclosure ▴
About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.
Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.
Conflicts and positions. People who build TrendMatrix, or entities they control, may hold positions, long or short, in securities it covers, and may trade them at any time. Positions are not disclosed individually. Verdicts are generated by an automated model applied by the same rules to every covered stock, and are not adjusted for any position held by the people who build TrendMatrix. We do not accept payment from issuers for coverage.
No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security.
No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.
Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.
Source: Kura Sushi USA’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 4 disclosed concentrations
HIGH0
MEDIUM3
LOW1
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
MEDIUMBuilt-inGeographic
California and Texas
“10-K Item 1A: 'Approximately 46% of our restaurants are located in California and Texas.'”
MEDIUMOutside partyCounterparty
Kura Japan
“10-K Item 1A: 'The intellectual property that is critical to our business has been licensed to us by Kura Japan.'”
LOWOutside partySupplier
Mutual
“10-K Item 1A: 'We also rely on Mutual which provided us with food products equaling 40%, 32% and 34% of our total food and beverage costs'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-11-08Kura Sushi's concentrations are mostly supply and licensing dependencies rather than customer ones. The largest sits with JFC, one of the company's primary suppliers, which provided a majority share of total food and beverage costs in the disclosed periods; this is a medium-share dependency. A second supplier, Mutual, adds a further share of food and beverage costs, 40% in the first period the filing lists, but it is a low-share exposure on its own band and is secondary to JFC. The intellectual property critical to the business is licensed by Kura Japan, a medium-share counterparty dependency. Unlike the suppliers, this one is hard to replace, because the brand and concept rest on the licensor. Geography is the structural layer: approximately 46% of restaurants are located in California and Texas, a medium-share exposure to two regional economies and their cost environments. Together, the structural regional footprint sets the baseline sensitivity, while the JFC supply relationship and the Kura Japan license are the idiosyncratic items that could move the verdict. All are disclosed in the most recent 10-K.
For the engine’s reasoning on KRUS’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Restaurants
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| BJRI | BJ's Restaurants, Inc. | 1 | 1 | 0 | 2 |
| BLMN | Bloomin' Brands, Inc. | 1 | 0 | 0 | 1 |
| KRUS● | Kura Sushi USA, Inc. | 0 | 3 | 1 | 4 |
| BH | Biglari Holdings Inc. | 0 | 1 | 0 | 1 |
| BH-A | Biglari Holdings Inc. | 0 | 1 | 0 | 1 |
| BROS | Dutch Bros Inc. | 0 | 1 | 0 | 1 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.