Komori
Revision of earnings forecasts2685and ST HD Co.,Ltd.Retail

Notice Regarding Differences from the Previous Fiscal Year’s Results on an Individual Basis

For the fiscal year ending February 2026, non-consolidated net sales, operating income, ordinary income and net income were all below the previous fiscal year’s actual results. The main reason was that, following the company split, revenue from the business was recognized for only half of the current fiscal year. The Company states that there will be no adverse impact on consolidated results.

Worth reading
62In focus
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
-106247
¥ million (change in net sales)
Wording
Definitive
How definitive the wording is.

Revised forecast

Fiscal year ending February 2026 · Full year
Net Sales230,983→124,736million yen
-46.0%
Operating profit13,449→7,612million yen
-43.4%
Ordinary income14,888→9,818million yen
-34.1%
Profit attributable to owners of the parent10,792→5,459million yen
-49.4%
Net income per share118.31→234.52yen and sen
+98.2%

The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.

Reason for the revision

As a result of the company split effective 1 September 2025, the business was transferred to Adastria Co., Ltd. and the Company transitioned to a pure holding company. Consequently, revenue from the transferred business was recognized for only the six-month period from 1 March to 31 August 2025 in the current fiscal year.

Previous-period resultsNet sales ¥230,983 million, operating income ¥13,449 million, ordinary income ¥14,888 million, net income ¥10,792 million, and net income per share ¥118.31
Consolidated / non-consolidatedNon-consolidated
Revised forecast
ItemDetails
Net Sales230,983 million yen → 124,736 million yen(-46.0%)
Operating profit13,449 million yen → 7,612 million yen(-43.4%)
Ordinary income14,888 million yen → 9,818 million yen(-34.1%)
Profit attributable to owners of the parent10,792 million yen → 5,459 million yen(-49.4%)
Net income per share118.31 yen and sen → 234.52 yen and sen
Fiscal Period CoveredFiscal year ending February 2026
Period CoveredFull year
Previous-period resultsNet sales ¥230,983 million, operating income ¥13,449 million, ordinary income ¥14,888 million, net income ¥10,792 million, and net income per share ¥118.31
Reason for the revisionAs a result of the company split effective 1 September 2025, the business was transferred to Adastria Co., Ltd. and the Company transitioned to a pure holding company. Consequently, revenue from the transferred business was recognized for only the six-month period from 1 March to 31 August 2025 in the current fiscal year.
Consolidated / non-consolidatedNon-consolidated
Items this document does not state (3)
Publication date of previous forecastDetails and amount of extraordinary lossDividend forecast revision

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.

As a result of the company split effective 1 September 2025, the apparel and general merchandise businesses and related operations were transferred to the wholly owned subsidiary Adastria Co., Ltd., and the Company transitioned to a pure holding company. In the current fiscal year’s non-consolidated results, revenue from the transferred businesses was recognized for the six-month period from 1 March to 31 August 2025. The Company explains that this was an organizational restructuring within the Group and will have no adverse impact on consolidated results.

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.
Notice Regarding Differences from the Previous Fiscal Year’s Results on an Individual Basis | and ST HD Co.,Ltd. (2685) timely disclosure | Komori