Revised forecast
Fiscal year ending May 2026 · Full yearPrevious forecast published 14 April 2026The 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.
While net sales were broadly in line with the previous forecast, the Company recorded an estimated ¥40 million in returns associated with changes to, and the expected termination of, exclusive distributor agreements in Japan for certain Korean cosmetics, an ¥82 million allowance for doubtful accounts resulting from deteriorating performance at a non-consolidated subsidiary, a ¥14 million impairment loss on store equipment, and a ¥34 million valuation loss on shares of an affiliate. In addition, the Company recorded a ¥222 million gain in adjustments to income taxes as a deferred tax asset related to tax loss carryforwards arising from the group's organizational restructuring.
¥14 million impairment loss on store equipment and ¥34 million valuation loss on shares of an affiliate
| Item | Details |
|---|---|
| Net Sales | ¥14,700 million → ¥14,568 million（-0.9%） |
| Operating profit | ¥260 million → ¥196 million（-24.6%） |
| Ordinary income | ¥230 million → ¥100 million（-56.5%） |
| Profit attributable to owners of the parent | ¥280 million → ¥214 million（-23.6%） |
| Net income per share | 37.07 yen and sen → 28.37 yen and sen |
| Fiscal Period Covered | Fiscal year ending May 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 14 April 2026 |
| Previous-period results | Fiscal year ended May 2025: net sales of ¥15,211 million, operating profit of ¥425 million, ordinary profit of ¥416 million, profit attributable to owners of the parent of ¥321 million, and basic earnings per share of ¥42.35 |
| Reason for the revision | While net sales were broadly in line with the previous forecast, the Company recorded an estimated ¥40 million in returns associated with changes to, and the expected termination of, exclusive distributor agreements in Japan for certain Korean cosmetics, an ¥82 million allowance for doubtful accounts resulting from deteriorating performance at a non-consolidated subsidiary, a ¥14 million impairment loss on store equipment, and a ¥34 million valuation loss on shares of an affiliate. In addition, the Company recorded a ¥222 million gain in adjustments to income taxes as a deferred tax asset related to tax loss carryforwards arising from the group's organizational restructuring. |
| Details and amount of extraordinary loss | ¥14 million impairment loss on store equipment and ¥34 million valuation loss on shares of an affiliate |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (1)
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.This was due mainly to recording an estimated ¥40 million in returns associated with changes to, and the expected termination of, exclusive distributor agreements in Japan for certain Korean cosmetics, an ¥82 million allowance for doubtful accounts resulting from deteriorating performance at a non-consolidated subsidiary, a ¥14 million impairment loss on store equipment, and a ¥34 million valuation loss on shares of an affiliate. In addition, the Company recorded a ¥222 million gain in adjustments to income taxes as a deferred tax asset related to tax loss carryforwards arising from the group's organizational restructuring.