Kura Sushi USA Inc-A 2026年季度报告

(Mark One)☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934 For the quarterly period ended November 30, 2025 ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934 KURA SUSHI USA, INC. (Exact Name of Registrant as Specified in its Charter) Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities ExchangeAct of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant toRule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and Large accelerated filerNon-accelerated filerEmerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☒ As of December 30, 2025, the registrant had 11,111,427 shares of Class A common stock, $0.001 par value per share, outstanding and1,000,050 shares of Class B common stock, $0.001 par value per share, outstanding. Table of Contents PART I.FINANCIAL INFORMATION Item 1.Financial Statements (Unaudited)Condensed Balance SheetsCondensed Statements of Operations and Comprehensive Income (Loss)Condensed Statements of Stockholders’ EquityCondensed Statements of Cash FlowsNotes to Condensed Financial StatementsItem 2.Management’s Discussion and Analysis of Financial Condition and Results of OperationsItem 3.Quantitative and Qualitative Disclosures About Market RiskItem 4.Controls and ProceduresPART II.OTHER INFORMATIONItem 1.Legal ProceedingsItem 1A.Risk FactorsItem 2.Unregistered Sales of Equity Securities and Use of ProceedsItem 3.Defaults Upon Senior SecuritiesItem 4.Mine Safety DisclosuresItem 5.Other InformationItem 6.ExhibitsSignatures Kura Sushi USA, Inc.Condensed Balance Sheets Kura Sushi USA, Inc.Condensed Statements of Operations and Comprehensive Loss Kura Sushi USA, Inc.Notes to Condensed Financial Statements Note 1. Organization and Basis of Presentation Kura Sushi USA, Inc. is a technology-enabled Japanese restaurant concept that provides guests with a distinctive diningexperience by serving authentic Japanese cuisine through an engaging revolving sushi service model, which the Company refers toas the “Kura Experience.” Kura Sushi encourages healthy lifestyles by serving freshly prepared Japanese cuisine using high-qualityingredients that are free from artificial seasonings, sweeteners, colorings, and preservatives. Kura Sushi aims to make quality Basis of Presentation The accompanying unaudited condensed financial statements (the “Condensed Financial Statements”) have been prepared bythe Company in accordance with generally accepted accounting principles in the United States (“GAAP”) and pursuant to the rulesand regulations of the Securities and Exchange Commission (the “SEC”). Certain information and footnote disclosures normallyincluded in financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to the rules and The accounting policies followed by the Company are set forth in Part II, Item 8, Note 2, Basis of Presentation and Summaryof Significant Accounting Policies, of the Notes to Financial Statements included in the Company’s Annual Report on Form 10‑Kfor the fiscal year ended August 31, 2025. In the opinion of management, all adjustments necessary to fairly state the CondensedFinancial Statements have been made. All such adjustments are of a normal, recurring nature. The results of operations for interim Reclassifications Certain prior period amounts have been reclassified to conform to the current period presentation. Fiscal Year The Company’s fiscal year begins on September 1 and ends on August 31, and references made to “fiscal year 2026” and“fiscal year 2025” refer to the Company’s fiscal years ending August 31, 2026 and ended August 31, 2025, respectively. Use of Estimates Preparing financial statements in conformity with GAAP requires management to make estimates and assumptions that affectthe reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements Significant items subject to such estimates include asset retirement obligations, stock-based compensation, the useful lives ofassets, t