Komori
Earnings2664CAWACHI LIMITEDRetail

Consolidated Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 (Japanese GAAP)

For the first half of the fiscal year ending March 2027, revenue decreased 0.8% year on year and operating profit decreased 6.2%, resulting in lower revenue and lower profit. Based on first-half results and recent conditions, the company revised its full-year forecasts for revenue, operating profit, ordinary profit and net income.

Worth reading
42Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-6.2
%
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)16 March 2026–15 September 2026ConsolidatedJapanese GAAP
Net Sales144,143¥ millionYear on year -0.8%Progress 50.9%
Operating profit3,009¥ millionYear on year -6.2%Progress 59.0%
Ordinary income3,468¥ millionYear on year -8.9%Progress 57.8%
Net income attributable to owners of the parent2,245¥ millionYear on year -8.6%Progress 74.8%

The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.

Net income per share¥100.85
Financial position at period-end
Total assets199,099¥ million
of which net assets 114,011 ¥ millionEquity ratio 57.2%vs. prior year-end -0.8pt

塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.

Cash inflows and outflows
Operating+10,749
Investment-1,878
Financials-5,375
Net change+3,496

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.

Cash and cash equivalents at end of period¥41,608 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥283,000 million (YoY -0.5%)
Operating profit¥5,100 million (YoY -24.8%)
Ordinary income¥6,000 million (YoY -24.0%)
Net income¥3,000 million (YoY -6.3%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥283,000 million / Operating profit Not disclosed → ¥5,100 million / Ordinary income Not disclosed → ¥6,000 million / Net income Not disclosed → ¥3,000 million
Annual Dividend Forecast100 yen → 100 yen(0.0%)
Factors Behind Changes in Business Performance

While the company reviewed the selling prices of approximately 5,400 items, distributed coupons through its proprietary app and implemented measures to increase the number of items purchased, sales of seasonal products and other items were sluggish due to unfavorable summer weather and other factors in the second quarter, resulting in lower revenue.

Disclosure regarding the going concern assumption

No applicable matters. The filing states, "There are no applicable matters."

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew 0 / Excluded 0 / Company name None
Material subsequent eventsNone.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥4 million, Insurance proceeds received ¥48 million / Extraordinary loss Loss on retirement of non-current assets ¥32 million, Loss on closure of stores ¥25 million, Other ¥5 million
Depreciation and amortization¥2,170 million
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingYes (for securities analysts and institutional investors)
Issued Shares at Period-End24,583,420
Treasury Shares at Period-End2,781,620
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered16 March 2026–15 September 2026
Net Sales¥144,143 million (YoY -0.8%)
Operating profit¥3,009 million (YoY -6.2%)
Ordinary income¥3,468 million (YoY -8.9%)
Profit attributable to owners of the parent¥2,245 million (YoY -8.6%)
Net income per share¥100.85
Equity ratioEnd of the current fiscal period 57.2 / End of previous period 58
Total assets¥199,099 million
Net assets¥114,011 million
Cash flows from operating activities¥10,749 million
Cash flows from investing activities¥-1,878 million
Cash flows from financing activities¥-5,375 million
Cash and cash equivalents at end of period¥41,608 million
Full-year earnings forecastNet Sales ¥283,000 million (YoY -0.5%) / Operating profit ¥5,100 million (YoY -24.8%) / Ordinary income ¥6,000 million (YoY -24.0%) / Net income ¥3,000 million (YoY -6.3%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥283,000 million / Operating profit Not disclosed → ¥5,100 million / Ordinary income Not disclosed → ¥6,000 million / Net income Not disclosed → ¥3,000 million
Annual Dividend Forecast100 yen → 100 yen(0.0%)
Depreciation and amortization¥2,170 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥4 million, Insurance proceeds received ¥48 million / Extraordinary loss Loss on retirement of non-current assets ¥32 million, Loss on closure of stores ¥25 million, Other ¥5 million
Disclosure regarding the going concern assumptionNo applicable matters. The filing states, "There are no applicable matters."
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNew 0 / Excluded 0 / Company name None
Material subsequent eventsNone.
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingYes (for securities analysts and institutional investors)
Issued Shares at Period-End24,583,420
Treasury Shares at Period-End2,781,620
Factors Behind Changes in Business PerformanceWhile the company reviewed the selling prices of approximately 5,400 items, distributed coupons through its proprietary app and implemented measures to increase the number of items purchased, sales of seasonal products and other items were sluggish due to unfavorable summer weather and other factors in the second quarter, resulting in lower revenue.
Items this document does not state (8)
Operating MarginPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesOrders received and order backlogImpairment loss

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 company states that sales of seasonal products were sluggish due to unfavorable summer weather and other factors in the second quarter, contributing to the decline in revenue. It also explains that, as a measure to address higher prices, it reviewed the selling prices of approximately 5,400 items and implemented measures to distribute coupons through its proprietary app and increase the number of items purchased. The company states that it revised its full-year forecasts in light of results for the current interim consolidated accounting period and recent conditions.

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.
Consolidated Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 (Japanese GAAP) | CAWACHI LIMITED (2664) timely disclosure | Komori