Turnover across the group’s 18-strong estate rose to £15.4m in the year ended 29 December 2024, up from £13.8m in 2023.
The pre-tax loss for the period was £141,683, a slight improvement on the £155,902 loss reported the year before.
Writing in the results, Tonkotsu’s finance director, Mike Statham, noted that while inflation stabilised in 2024, a combination of global instability, minimum wage increases, and National Insurance changes may drive future inflation.
Additionally, Statham pointed out the risks posed by economic uncertainty.
“Rising interest rates have reduced disposable income, potentially impacting customer spending,” he said.
“The company has maintained competitive pricing while focusing on profit-enhancing initiatives to strengthen resilience.”
Tonkotsu also reconfirmed plans to open two new sites in the coming months.
It follows a report earlier this month when it was revealed that the group would open a new restaurant at the Grand Central, Birmingham, later this year that will replace its existing smaller-format site in the shopping centre.
This will be followed in early 2026 when it will make its debut in Wales with a restaurant in the heart of Cardiff city centre.
The group adds that it is seeking a further two four sites to open in the next two years.
Tonkotsu was founded in Soho in 2012 by Ken Yamada and Emma Reynolds and was an early pioneer of London’s ramen scene.