Michelin Guide Nara 2026: 78 Restaurants Honored, Hoshino Earns Its First Star
The Michelin Guide unveils its 2026 edition for Nara Prefecture in Japan on Wednesday, recognizing 78 restaurants. This new selection highlights local cuisine while welcoming new establishments into its various categories of recognition.
A First Star for Hoshino, Four Restaurants Maintain Their Double Distinction
Hoshino, located in Nara and led by Chef Keisuke Hoshino from Osaka, secures its first Michelin Star. Situated in a renovated traditional townhouse, the restaurant offers cuisine centered around charcoal-grilled Uda Wagyu beef, enhanced with seasonal touches such as Japanese pepper in spring and matsutake mushrooms in autumn.
Four restaurants retain their two Michelin Stars for the fifth consecutive year: Akordu (innovative cuisine), Oryori Hanagaki (Japanese cuisine), Tsukumo (Japanese cuisine), and Nara Nikon (Japanese cuisine). Seven new establishments join the main selection of the guide, offering culinary worlds ranging from contemporary cuisine to sushi, yakitoris, and French and Italian specialties.
Green Stars and Bib Gourmand: Expanding the Selection
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Seven restaurants keep the Green Star, awarded for quality cuisine from sustainable practices. This distinction includes three establishments with one Michelin Star (Da terra, SÉN, Naramachi Kuko) and four addresses recommended by the guide.
Eleven new restaurants enter the Bib Gourmand category, established in 1997 to honor establishments offering high-quality cuisine at accessible prices. Culinary diversity characterizes this addition: Indian cuisine, eel, kushikatsu, sobas, pizza, French cuisine, and yakitoris. Several of these addresses are located in Nara, while others are found in Ikagura, Ikoma, Uda, Kashiba, and Kashihara.
Seven additional restaurants are also recommended by the Michelin Guide, including Italian, sushi, and French cuisine venues that showcase local products and ingredients from the region.
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Context
Period
Period: S1 2026
Key reported figures
Revenue: 12 687 millions d'euros
Quarterly revenue: 12 687 millions d'euros
Revenue growth: -5,9 %
EBITDA: 2 155 millions d'euros
EBITDA margin: 19,1 %
Net income: 761 millions d'euros
Free cash flow: 282 millions d'euros
4 547 millions d'euros
Guidance from the release
Le Groupe s'appuie sur la force de la marque MICHELIN, sa puissance d'innovation, la qualité de ses produits & services et l'engagement de ses équipes
Risks mentioned
Effet de change particulièrement défavorable, pesant pour -3,1 % sur le chiffre d'affaires
Marchés Première monte encore déprimés, notamment aux Amériques pour le Transport
Marché de la première monte Agricole au plus bas depuis 10 ans
Opportunities identified
Succès des nouvelles gammes MICHELIN Primacy 5 Energy et Pilot Sport 5 Energy
Volumes de la marque MICHELIN en hausse de 5 % au Remplacement
Trois acquisitions structurantes finalisées en Polymer Composite Solutions
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