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Financial Results Presentation2222Kotobuki Spirits Co.,Ltd.Food

Financial Results Briefing Materials for the Third Quarter of the Fiscal Year Ending March 2026

2026年3月期第3四半期累計は、売上高と各段階利益が前年同期を上回り、売上高・利益とも四半期ベースで過去最高を更新した。一方、原材料価格の高騰などで売上総利益率は低下し、通期業績予想は2025年5月公表値から据え置かれた。

Worth reading
82Important
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
8.7
Year-on-year change in net sales (%)
Wording
Definitive
How definitive the wording is.

Contents of this document

Financial Results PresentationFiscal year ending March 2026, third quarter13 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales58,485 Millions of yen+8.7%
Operating profit14,011 Millions of yen+3.4%
Ordinary income14,113 Millions of yen+3.7%
Net income9,331 Millions of yen+3.4%
Selling, general and administrative expenses21,666 Millions of yen
Gross Profit Margin
Rate61.0%
Year-on-year change (points)1.1ポイント低下（前年62.1%）
Operating profit margin
Rate24.0%
Year-on-year change (points)1.2ポイント低下（前年25.2%）
Results for the three months of the current quarter
Net Sales
22,697 Millions of yen
Year on year against the same period last year108.6%
Operating profit
6,570 Millions of yen
Year on year against the same period last year108.3%
Full-year earnings forecast
Net Sales
79,670 Millions of yen
Gross profit
49,600 Millions of yen
Selling, General and Administrative Expenses
29,950 Millions of yen
Operating profit
19,650 Millions of yen
Ordinary income
19,720 Millions of yen
Net income for the current fiscal year
13,400 Millions of yen
EPS
¥86.81
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。
Net Sales73.4%
Gross profit71.9%
Selling, General and Administrative Expenses72.3%
Operating profit71.3%
Ordinary income71.6%
四半期（当期）純利益69.6%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
期初予想を据え置く
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Net Sales
シュクレイグループ Group1,794
ケイシイシイ1,259
寿製菓グループ Group1,420
Sales subsidiaries360
Other-3
Adjustments-154
Operating profit
シュクレイグループ Group172
ケイシイシイ-256
寿製菓グループ Group375
Sales subsidiaries82
Other-19
Adjustments112
New initiatives
  • 阪神梅田本店への新ブランドSALTRA出店
  • 西武池袋本店への新ブランドVANISTA出店
  • ニュウマン高輪への東京ミルクチーズ工場フラッグシップ店出店
  • 福岡空港国際線ターミナルへの直営店2店舗出店
  • 宮古島での新工場建設
  • 箱根旧箱根芦之湯フラワーセンターを活用した新ブランド施設の開業計画
Key KPIsA metric the company considers important as a management benchmark.
  • Inbound sales8,013 Millions of yen
    Year on year against the same period last year+8.2%
  • Shareholders61,381 People
    Year on year against the same period last year前期末比4,080名増
  • ROE（25年3月期）32.2 %
  • 東京駅限定手土産スイーツ売上ランキング1位（COCORIS、6年連続）
Segment results
シュクレイグループ Group
Net Sales
27,285 Millions of yen+7.0%
Operating profit
5,355 Millions of yen+3.3%
ケイシイシイ
Net Sales
16,887 Millions of yen+8.1%
Operating profit
3,492 Millions of yen-6.8%
寿製菓グループ Group
Net Sales
12,959 Millions of yen+12.3%
Operating profit
3,143 Millions of yen+13.5%
Sales subsidiaries
Net Sales
5,941 Millions of yen+6.5%
Operating profit
834 Millions of yen+10.9%
Other
Net Sales
465 Millions of yen-0.7%
Operating profit
1 Millions of yen-95.2%
Medium-term management plan targets
Value Up Vision 2030
Target fiscal yearFiscal year ending March 2030
Target value
  • 経常利益率30%
  • 経常利益350億円
  • 5ヵ年の平均売上成長率10%
  • ROE of 30% or higher
Financial targets
ROE30%以上（目標）
Actual ROE32.2%（25年3月期）
Cost of shareholders’ equity9.51%
Number of stores and locations
Stores opened during the period9 store closures during the period
シュクレイグループの出退店8店出店、3店退店
Number of employees
Number of Employees単体7名・連結1,842名
Capital expenditures
¥2,500 million26年3月期計画
Annual Dividend
Annual dividend per share¥35
Payout ratio
Rate40.3%（26年3月期予想）
Total payout ratioTargeting a total payout ratio of 50% or higher
Acquisition of treasury shares
The policy is to conduct share buybacks flexibly, but the amount, number of shares and period of the acquisition program are not disclosed
Contents of this document
ItemDetails
Document typeFinancial Results Presentation
Fiscal Period CoveredFiscal year ending March 2026, third quarter
Net Sales58,485 Millions of yen (YoY +8.7%)
Operating profit14,011 Millions of yen (YoY +3.4%)
Ordinary income14,113 Millions of yen (YoY +3.7%)
Net income9,331 Millions of yen (YoY +3.4%)
Gross Profit MarginRate 61.0% / Year-on-year change (points) 1.1ポイント低下（前年62.1%）
Operating profit marginRate 24.0% / Year-on-year change (points) 1.2ポイント低下（前年25.2%）
Selling, general and administrative expenses21,666 Millions of yen
Results for the three months of the current quarterNet Sales 22,697 Millions of yen / Operating profit 6,570 Millions of yen
Full-year earnings forecastNet Sales 79,670 Millions of yen / Gross profit 49,600 Millions of yen / Selling, General and Administrative Expenses 29,950 Millions of yen / Operating profit 19,650 Millions of yen / Ordinary income 19,720 Millions of yen / Net income for the current fiscal year 13,400 Millions of yen / EPS ¥86.81
Progress against full-year forecastNet Sales 73.4% / Gross profit 71.9% / Selling, General and Administrative Expenses 72.3% / Operating profit 71.3% / Ordinary income 71.6% / 四半期（当期）純利益 69.6%
Self-assessment against the plan期初予想を据え置く
Segment resultsシュクレイグループ Group Net Sales 27,285 Millions of yen (YoY +7.0%) / Operating profit 5,355 Millions of yen (YoY +3.3%) / ケイシイシイ Net Sales 16,887 Millions of yen (YoY +8.1%) / Operating profit 3,492 Millions of yen (YoY -6.8%) / 寿製菓グループ Group Net Sales 12,959 Millions of yen (YoY +12.3%) / Operating profit 3,143 Millions of yen (YoY +13.5%) / Sales subsidiaries Net Sales 5,941 Millions of yen (YoY +6.5%) / Operating profit 834 Millions of yen (YoY +10.9%) / Other Net Sales 465 Millions of yen (YoY -0.7%) / Operating profit 1 Millions of yen (YoY -95.2%)
Breakdown of Factors Affecting the ChangeNet Sales シュクレイグループ Group 1,794 / ケイシイシイ 1,259 / 寿製菓グループ Group 1,420 / Sales subsidiaries 360 / Other -3 / Adjustments -154 / Operating profit シュクレイグループ Group 172 / ケイシイシイ -256 / 寿製菓グループ Group 375 / Sales subsidiaries 82 / Other -19 / Adjustments 112
Key KPIsIndicator name Inbound sales / Value 8,013 Millions of yen / Year on year against the same period last year 8.2 Millions of yen, Indicator name Shareholders / Value 61,381 People / Year on year against the same period last year 前期末比4,080名増, Indicator name ROE（25年3月期） / Value 32.2 % / Year on year against the same period last year Not disclosed, Indicator name 東京駅限定手土産スイーツ売上ランキング / Value 1位（COCORIS、6年連続） / Year on year against the same period last year Not disclosed
Number of stores and locationsStores opened during the period 9 store closures during the period / シュクレイグループの出退店 8店出店、3店退店 / Number of Stores at Period-End Not disclosed
Number of employeesNumber of Employees 単体7名・連結1,842名 / Changes during the period and hiring plan Not disclosed
Medium-term management plan targetsName Value Up Vision 2030 / Target fiscal year Fiscal year ending March 2030 / Target value 経常利益率30%, 経常利益350億円, 5ヵ年の平均売上成長率10%, ROE of 30% or higher
Financial targetsROE 30%以上（目標） / Actual ROE 32.2%（25年3月期） / Cost of shareholders’ equity 9.51%
Annual DividendAnnual dividend per share ¥35 / Interim and Year-End Breakdown Not disclosed
Payout ratioRate 40.3%（26年3月期予想） / Total payout ratio Targeting a total payout ratio of 50% or higher
Acquisition of treasury sharesThe policy is to conduct share buybacks flexibly, but the amount, number of shares and period of the acquisition program are not disclosed
Capital expenditures2,500 百万円（26年3月期計画）
New initiatives阪神梅田本店への新ブランドSALTRA出店, 西武池袋本店への新ブランドVANISTA出店, ニュウマン高輪への東京ミルクチーズ工場フラッグシップ店出店, 福岡空港国際線ターミナルへの直営店2店舗出店, 宮古島での新工場建設, 箱根旧箱根芦之湯フラワーセンターを活用した新ブランド施設の開業計画
Items this document does not state (6)
Unit price and quantity metricsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookOrders 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.

インバウンド売上の増加、新規出店、新商品投入、ブランド訴求力の向上、販売人員の増強や提案営業などの事業施策により増収増益となった。一方、原材料価格の高騰などにより材料費比率が上昇し、売上総利益率の押し下げ要因となった。

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.
Financial Results Briefing Materials for the Third Quarter of the Fiscal Year Ending March 2026 | Kotobuki Spirits Co.,Ltd. (2222) timely disclosure | Komori