Results for this period
Full year1 March 2025–28 February 2026ConsolidatedJapanese GAAPThe 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.
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.
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.
The number of stores declined by 46, mainly because unprofitable stores were closed, and sales of sports shoes were 91.4% of the previous fiscal year. In response to customers' increasingly strong focus on savings and prices amid rising prices, the Company strengthened sales promotions, causing the gross profit margin to decline by 1.3 percentage points. Personnel costs also increased. An impairment loss of ¥336 million was recognized on certain store assets and common-use assets.
A description of events or conditions that may cast significant doubt on the going-concern assumption is included. Although the Company recognizes challenges related to business rehabilitation and financing, it has determined that no material uncertainty regarding the going-concern assumption exists, supported by short-term borrowing facilities from financial institutions and management support from AEON as necessary. No matters requiring disclosure are included in the notes regarding the going-concern assumption itself.
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 March 2025–28 February 2026 |
| Net Sales | ¥56,906 million (YoY -5.1%) |
| Operating profit | ¥-2,388 million |
| Ordinary income | ¥-2,630 million |
| Profit attributable to owners of the parent | ¥-3,257 million |
| Net income per share | -¥76.51 |
| Operating Margin | △4.2％ |
| Equity ratio | End of the current fiscal period △7.3％ / End of previous period 3.0％ |
| Total assets | ¥32,194 million |
| Net assets | ¥-2,359 million |
| Cash flows from operating activities | ¥-6,723 million |
| Cash flows from investing activities | ¥-245 million |
| Cash flows from financing activities | ¥6,013 million |
| Cash and cash equivalents at end of period | ¥672 million |
| Annual Dividend Forecast | 0.00 (actual for the fiscal year ended February 2026) → — (no forecast provided for the fiscal year ending February 2027) |
| Depreciation and amortization | ¥22 million |
| Impairment loss | ¥336 million (at a larger unit including common-use assets: buildings and structures, ¥77 million; machinery and equipment, ¥0 million; tools, furniture and fixtures, ¥141 million; land, ¥0 million; software, ¥59 million; software in progress, ¥9 million; other intangible fixed assets, ¥0 million; and long-term prepaid expenses, ¥49 million). The amount attributable to stores was ¥0 million (tools, furniture and fixtures). |
| Breakdown of extraordinary income (loss) | Extraordinary income Item Compensation received / Amount ¥2 million / Extraordinary loss Item Impairment Losses / Amount ¥336 million, Item Losses from natural disasters / Amount ¥3 million |
| Disclosure regarding the going concern assumption | A description of events or conditions that may cast significant doubt on the going-concern assumption is included. Although the Company recognizes challenges related to business rehabilitation and financing, it has determined that no material uncertainty regarding the going-concern assumption exists, supported by short-term borrowing facilities from financial institutions and management support from AEON as necessary. No matters requiring disclosure are included in the notes regarding the going-concern assumption itself. |
| Change in accounting policy | Changes due to revisions to standards Yes / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | 0 additions and 0 exclusions (no company names) |
| Material subsequent events | Share consolidation, abolition of the provisions establishing the share unit and amendments to the Articles of Incorporation, and cancellation of treasury shares. All are based on materials disclosed on 8 April 2026. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for institutional investors and analysts) |
| Issued Shares at Period-End | 42,580,900 shares (common shares, including treasury shares) |
| Treasury Shares at Period-End | 12,371 shares |
| Factors Behind Changes in Business Performance | The number of stores declined by 46, mainly because unprofitable stores were closed, and sales of sports shoes were 91.4% of the previous fiscal year. In response to customers' increasingly strong focus on savings and prices amid rising prices, the Company strengthened sales promotions, causing the gross profit margin to decline by 1.3 percentage points. Personnel costs also increased. An impairment loss of ¥336 million was recognized on certain store assets and common-use assets. |
Items this document does not state (8)
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 number of stores declined by 46 from the same period of the previous year, mainly because unprofitable stores were closed, while sales of sports shoes were weak at 91.4% of the previous fiscal year. In response to customers' increasingly strong focus on savings and prices amid rising prices, the Company strengthened sales promotions, resulting in a decline in the gross profit margin. Personnel costs also increased. In addition, impairment losses were recognized on certain store assets and common-use assets.