Worth reading
74In focus
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
107
Year-on-year change in operating profit (%)Wording
Definitive
How definitive the wording is.Contents of this document
Earnings presentation materialsFirst quarter of the fiscal year ending June 20278 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥355,432 million+8.8%
Operating profit¥10,639 million+107.0%
Ordinary income¥9,030 million+178.1%
Net income¥4,130 million
Gross Profit Margin24.4%
Operating profit margin3.0%
Selling, general and administrative expenses¥80,414 million
Results for the three months of the current quarterRevenue: ¥355.4 billion; operating profit: ¥10.6 billion; ordinary profit: ¥9.0 billion; net profit for the quarter attributable to owners of the parent: ¥4.1 billion; EBITDA: ¥20.7 billion
Full-year earnings forecast
Trial revenue
¥962,400 million
Trial operating profit
¥44,200 million
Seiyu revenue
¥495,800 million
Seiyu operating profit
¥10,100 million
Progress against full-year forecast 通期の予想に対して、いまどこまで進んだかの割合です。
Consolidated first-half forecast
Net Sales48.5%
Operating profit52.2%
EBITDA49.3%
Gross profit48.3%
Ordinary income58.6%
Profit attributable to owners of parent for the quarter65.6%
Trial full-year forecast
Net Sales24.5%
Operating profit24.2%
Seiyu full-year forecast
Net Sales24.1%
Operating profit37.5%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Progressing smoothly, particularly in terms of profitBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Consolidated operating profit
Operating profit in the previous fiscal year¥51.4 100 million
Lapse of one-off M&A-related expenses from the previous fiscal year¥23.5 100 million
Trial profit growth¥11.9 100 million
Seiyu profit growth¥19.5 100 million
Trial operating profit
Revenue growth effect¥46.7 100 million
Improved gross margin¥16.8 100 million
Other operating revenue¥3.6 100 million
Personnel Expenses¥-30.6 100 million
Utilities expenses¥-3.5 100 million
Other real estate expenses, etc.¥-21.2 100 million
Seiyu operating profit
Revenue growth effect¥19.9 100 million
Improved gross margin¥16.3 100 million
Other operating revenue¥0.6 100 million
Personnel Expenses¥-13 100 million
Utilities expenses¥0.3 100 million
Other real estate expenses, etc.¥-4.7 100 million
New initiatives
- Further rollout of standardized purchasing terms and integrated supplier billing
- Phased rollout of shelf-planogram reforms
- Growth investments, including strengthening Seiyu's staffing structure
- Continuation of Seiyu's format conversions and new-model remodels
- Rollout of Trial's private-label products and prepared foods across Seiyu's regular stores
- Opening of the Trial Seiyu Machida store in October 2026
Key KPIsA metric the company considers important as a management benchmark.
- Trial existing-store revenue growth rate3.7 %Year on year against the same period last year+3.7%
- Trial existing-store customer traffic1.8 %Year on year against the same period last year+1.8%
- Seiyu same-store sales growth rate8.2 %Year on year against the same period last year+8.2%
- Seiyu existing-store customer traffic8.9 %Year on year against the same period last year+8.9%
- Trial prepared-food sales¥17,299 millionYear on year against the same period last year+17.1%
- Seiyu prepared-food sales¥14,565 millionYear on year against the same period last year+25.1%
- Period of continued Trial same-store sales exceeding the prior-year level10 months
- Period of continued Seiyu same-store sales exceeding the prior-year level13 months
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Trial customer traffic increased 1.8% year on year. An increase in average spend per customer was also indicated. Seiyu customer traffic increased 8.9% year on year.Segment results
トライアル
Net Sales
¥236,125 million+9.8%
Operating profit
¥10,685 million+12.6%
西友
Net Sales
¥119,306 million+6.9%
Operating profit
¥3,786 million+106.5%
Medium-term management plan targets
Prepared foods as a percentage of sales: 8%Number of stores and locations
Number of Stores at Period-End627 stores across the Group; up 5 at Trial and up 2 at Seiyu
Store openings during the period6 new stores opened (the disclosure states 5 at Trial and 2 at Seiyu)
Business-format conversions and renovations2 Trial/Seiyu stores; 4 new-model remodels
| Item | Details |
|---|---|
| Document type | Earnings presentation materials |
| Fiscal Period Covered | First quarter of the fiscal year ending June 2027 |
| Net Sales | ¥355,432 million (YoY +8.8%) |
| Operating profit | ¥10,639 million (YoY +107.0%) |
| Ordinary income | ¥9,030 million (YoY +178.1%) |
| Net income | ¥4,130 million |
| Gross Profit Margin | 24.4% |
| Operating profit margin | 3.0% |
| Selling, general and administrative expenses | ¥80,414 million |
| Results for the three months of the current quarter | Revenue: ¥355.4 billion; operating profit: ¥10.6 billion; ordinary profit: ¥9.0 billion; net profit for the quarter attributable to owners of the parent: ¥4.1 billion; EBITDA: ¥20.7 billion |
| Full-year earnings forecast | Net Sales Not disclosed / Operating profit Not disclosed / Ordinary income Not disclosed / Net income Not disclosed / Trial revenue ¥962,400 million / Trial operating profit ¥44,200 million / Seiyu revenue ¥495,800 million / Seiyu operating profit ¥10,100 million |
| Progress against full-year forecast | Consolidated first-half forecast Net Sales 48.5% / Operating profit 52.2% / EBITDA 49.3% / Gross profit 48.3% / Ordinary income 58.6% / Profit attributable to owners of parent for the quarter 65.6% / Trial full-year forecast Net Sales 24.5% / Operating profit 24.2% / Seiyu full-year forecast Net Sales 24.1% / Operating profit 37.5% |
| Self-assessment against the plan | Progressing smoothly, particularly in terms of profit |
| Segment results | トライアル Net Sales ¥236,125 million (YoY +9.8%) / Operating profit ¥10,685 million (YoY +12.6%) / 西友 Net Sales ¥119,306 million (YoY +6.9%) / Operating profit ¥3,786 million (YoY +106.5%) |
| Breakdown of Factors Affecting the Change | Consolidated operating profit Operating profit in the previous fiscal year ¥51.4 100 million / Lapse of one-off M&A-related expenses from the previous fiscal year ¥23.5 100 million / Trial profit growth ¥11.9 100 million / Seiyu profit growth ¥19.5 100 million / Trial operating profit Revenue growth effect ¥46.7 100 million / Improved gross margin ¥16.8 100 million / Other operating revenue ¥3.6 100 million / Personnel Expenses ¥-30.6 100 million / Utilities expenses ¥-3.5 100 million / Other real estate expenses, etc. ¥-21.2 100 million / Seiyu operating profit Revenue growth effect ¥19.9 100 million / Improved gross margin ¥16.3 100 million / Other operating revenue ¥0.6 100 million / Personnel Expenses ¥-13 100 million / Utilities expenses ¥0.3 100 million / Other real estate expenses, etc. ¥-4.7 100 million |
| Key KPIs | Indicator name Trial existing-store revenue growth rate / Value 3.7 % / Year on year against the same period last year +3.7%, Indicator name Trial existing-store customer traffic / Value 1.8 % / Year on year against the same period last year +1.8%, Indicator name Seiyu same-store sales growth rate / Value 8.2 % / Year on year against the same period last year +8.2%, Indicator name Seiyu existing-store customer traffic / Value 8.9 % / Year on year against the same period last year +8.9%, Indicator name Trial prepared-food sales / Value ¥17,299 million / Year on year against the same period last year +17.1%, Indicator name Seiyu prepared-food sales / Value ¥14,565 million / Year on year against the same period last year +25.1%, Indicator name Period of continued Trial same-store sales exceeding the prior-year level / Value 10 months, Indicator name Period of continued Seiyu same-store sales exceeding the prior-year level / Value 13 months |
| Unit price and quantity metrics | Trial customer traffic increased 1.8% year on year. An increase in average spend per customer was also indicated. Seiyu customer traffic increased 8.9% year on year. |
| Number of stores and locations | Number of Stores at Period-End 627 stores across the Group; up 5 at Trial and up 2 at Seiyu / Store openings during the period 6 new stores opened (the disclosure states 5 at Trial and 2 at Seiyu) / Business-format conversions and renovations 2 Trial/Seiyu stores; 4 new-model remodels |
| Medium-term management plan targets | Prepared foods as a percentage of sales: 8% |
| New initiatives | Further rollout of standardized purchasing terms and integrated supplier billing, Phased rollout of shelf-planogram reforms, Growth investments, including strengthening Seiyu's staffing structure, Continuation of Seiyu's format conversions and new-model remodels, Rollout of Trial's private-label products and prepared foods across Seiyu's regular stores, Opening of the Trial Seiyu Machida store in October 2026 |
Items this document does not state (11)
Number of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / ShareKey points of the Q&A
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The main reasons were higher customer traffic at Trial and Seiyu stores, improved gross margin, higher revenue, contributions from 6 new stores, and the decline in one-time M&A-related expenses recorded in the prior-year period.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.