Komori
Earnings2685and ST HD Co.,Ltd.Retail

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

Revenue increased slightly during the interim period, while operating income and ordinary income improved significantly. However, interim net income attributable to owners of the parent declined slightly due to the recognition of extraordinary losses and other factors.

Worth reading
59In focus
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
34.6
% (year-on-year increase in operating income)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 March 2026 to 31 August 2026ConsolidatedJapanese GAAP
Net Sales152,110¥ millionYear on year +1.9%Progress 48.4%
Operating profit10,731¥ millionYear on year +34.6%Progress 62.4%
Ordinary income11,066¥ millionYear on year +42.0%Progress 64.3%
Net income attributable to owners of the parent5,951¥ millionYear on year -0.6%Progress 56.7%

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¥128.83
Operating Margin7.1%
Financial position at period-end
Total assets138,315¥ million
of which net assets 86,221 ¥ millionEquity ratio 62.1%vs. prior year-end +3.8pt

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+8,635
Investment-5,596
Financials-3,187
Net change-148

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¥24,872 million
Segment revenueApparel and lifestyle goods business ¥144,192 million (YoY +2.0%), Other (food-service business) ¥8,042 million (YoY +1.1%)
Segment profitApparel and lifestyle goods business ¥11,110 million (YoY +42.9%), Other (food-service business) ¥-43 million
Regional sales¥133,089 million (YoY +3.2%), ¥2,774 million (YoY +24.2%), ¥2,640 million (YoY +16.2%), ¥5,219 million (YoY +22.5%), ¥303 million (YoY +42.3%), ¥76 million (YoY +13.4%), ¥11,014 million (YoY -11.4%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥314,000 million (YoY +3.2%)
Operating profit¥17,200 million (YoY +4.1%)
Ordinary income¥17,200 million (YoY +2.2%)
Net income¥10,500 million (YoY +10.5%)
Annual Dividend Forecast¥90 → ¥90(0.0%)
Factors Behind Changes in Business Performance

In Japan, resilient demand for casual fashion, agile product launches that captured trends, the multi-brand and multi-company strategy, promotions including TV commercials and point rewards, and the consolidation effects of M&A contributed to revenue growth. In mainland China, Hong Kong and Taiwan, new store openings, e-commerce and the cross-channel strategy contributed to revenue growth, while the withdrawal from the U.S. business reduced total overseas revenue. Earnings benefited from inventory control, restraint in discount sales, a review of production arrangements, full-price sales, price revisions, cost reductions and more efficient promotions.

Disclosure regarding the going concern assumption

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 Number of companies 1 / Company name 株式会社シックスティーパーセント / Excluded Number of companies 0 / Company name Not disclosed
Impairment loss¥129 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥132 million / Extraordinary loss Impairment Losses ¥129 million, Losses from natural disasters ¥67 million, Special awards for distinguished service ¥1,230 million
Depreciation and amortization¥6,176 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for investors)
Issued Shares at Period-End48,800,000 Shares
Treasury Shares at Period-End2,475,712 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 March 2026 to 31 August 2026
Net Sales¥152,110 million (YoY +1.9%)
Operating profit¥10,731 million (YoY +34.6%)
Ordinary income¥11,066 million (YoY +42.0%)
Profit attributable to owners of the parent¥5,951 million (YoY -0.6%)
Net income per share¥128.83
Operating Margin7.1%
Equity ratioEnd of the current fiscal period 62.1 / End of previous period 58.3
Total assets¥138,315 million
Net assets¥86,221 million
Cash flows from operating activities¥8,635 million
Cash flows from investing activities¥-5,596 million
Cash flows from financing activities¥-3,187 million
Cash and cash equivalents at end of period¥24,872 million
Full-year earnings forecastNet Sales ¥314,000 million (YoY +3.2%) / Operating profit ¥17,200 million (YoY +4.1%) / Ordinary income ¥17,200 million (YoY +2.2%) / Net income ¥10,500 million (YoY +10.5%)
Annual Dividend Forecast¥90 → ¥90(0.0%)
Segment revenueApparel and lifestyle goods business ¥144,192 million (YoY +2.0%), Other (food-service business) ¥8,042 million (YoY +1.1%)
Segment profitApparel and lifestyle goods business ¥11,110 million (YoY +42.9%), Other (food-service business) ¥-43 million
Regional sales¥133,089 million (YoY +3.2%), ¥2,774 million (YoY +24.2%), ¥2,640 million (YoY +16.2%), ¥5,219 million (YoY +22.5%), ¥303 million (YoY +42.3%), ¥76 million (YoY +13.4%), ¥11,014 million (YoY -11.4%)
Depreciation and amortization¥6,176 million
Impairment loss¥129 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥132 million / Extraordinary loss Impairment Losses ¥129 million, Losses from natural disasters ¥67 million, Special awards for distinguished service ¥1,230 million
Disclosure regarding the going concern assumptionNo 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 Number of companies 1 / Company name 株式会社シックスティーパーセント / Excluded Number of companies 0 / Company name Not disclosed
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for investors)
Issued Shares at Period-End48,800,000 Shares
Treasury Shares at Period-End2,475,712 Shares
Factors Behind Changes in Business PerformanceIn Japan, resilient demand for casual fashion, agile product launches that captured trends, the multi-brand and multi-company strategy, promotions including TV commercials and point rewards, and the consolidation effects of M&A contributed to revenue growth. In mainland China, Hong Kong and Taiwan, new store openings, e-commerce and the cross-channel strategy contributed to revenue growth, while the withdrawal from the U.S. business reduced total overseas revenue. Earnings benefited from inventory control, restraint in discount sales, a review of production arrangements, full-price sales, price revisions, cost reductions and more efficient promotions.
Items this document does not state (5)
Revision to Earnings ForecastPayout ratioShareholder Return PolicyOrders received and order backlogMaterial subsequent events

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.

In Japan, revenue growth was driven by product rollouts, the multi-brand strategy, promotional initiatives and the consolidation effects of M&A. Overseas, revenue growth in mainland China, Hong Kong and Taiwan contributed. Factors contributing to earnings included inventory control, restraint in discount sales, a review of production arrangements, full-price sales of spring/summer apparel, price revisions, cost reductions and more efficient promotions. Extraordinary losses recognized comprised special awards for distinguished service, impairment losses and disaster-related losses.

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Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending February 2027 [Japanese GAAP] (Consolidated) | and ST HD Co.,Ltd. (2685) timely disclosure | Komori