Revised forecast
Fiscal year ending February 2027 · Full yearPrevious forecast published 8 April 2026The bar length represents the relative magnitude of change, based on the item that changed the most in this document.
The amount by which first-half results exceeded the initial plan has been reflected in the upward revision. For the second half, revenue is expected to grow on the back of higher corporate earnings and personal income driven by rising prices and the weaker yen, increased inbound tourism, and higher average spending per customer. However, taking into account the decline in consumer sentiment and the impact of the change to a refund-based tax-free shopping system from November, the forecast has been kept in line with the initial plan.
| Item | Details |
|---|---|
| Net Sales | ¥400,800 million → ¥403,000 million（+0.5%） |
| Operating profit | ¥65,600 million → ¥67,200 million（+2.4%） |
| Ordinary income | ¥67,400 million → ¥69,800 million（+3.6%） |
| Profit attributable to owners of the parent | ¥46,400 million → ¥47,700 million（+2.8%） |
| Net income per share | 187.39 yen and sen → 192.64 yen and sen（+2.8%） |
| Fiscal Period Covered | Fiscal year ending February 2027 |
| Period Covered | Full year |
| Publication date of previous forecast | 8 April 2026 |
| Previous-period results | Consolidated: Revenue: ¥378,624 million; operating profit: ¥63,287 million; ordinary profit: ¥67,156 million; net income attributable to owners of the parent: ¥46,346 million; basic earnings per share: ¥187.17 |
| Reason for the revision | The amount by which first-half results exceeded the initial plan has been reflected in the upward revision. For the second half, revenue is expected to grow on the back of higher corporate earnings and personal income driven by rising prices and the weaker yen, increased inbound tourism, and higher average spending per customer. However, taking into account the decline in consumer sentiment and the impact of the change to a refund-based tax-free shopping system from November, the forecast has been kept in line with the initial plan. |
| Consolidated / non-consolidated | Consolidated/non-consolidated |
Items this document does not state (2)
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 first-half results exceeded the initial plan, and the difference has been reflected in the full-year forecast. For the second half, revenue is expected to grow on the back of higher corporate earnings and personal income driven by rising prices and the weaker yen, increased inbound tourism, and higher average spending per customer. At the same time, the forecast remains in line with the initial plan, taking into account the decline in consumer sentiment and the impact of the change to a refund-based domestic tax-free shopping system from November.