Results for this period
Interim period (second quarter)1 March 2026 to 31 August 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. 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.
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 apparel business posted higher revenue and higher profit due to strong performance by the young casual brands, the four-week merchandise cycle, expansion of the customer base through social media and e-commerce, stricter inventory management, and curbs on discount sales. In the general merchandise business, gross margin increased through appropriate pricing and control of initial order quantities, while profit declined due to temperature fluctuations and natural disasters, as well as higher selling, general and administrative expenses, particularly personnel costs.
Not applicable.
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 March 2026 to 31 August 2026 |
| Net Sales | ¥121,931 million (YoY +4.1%) |
| Operating profit | ¥14,254 million (YoY +1.1%) |
| Ordinary income | ¥14,216 million (YoY +1.0%) |
| Profit attributable to owners of the parent | ¥9,428 million (YoY +2.6%) |
| Net income per share | ¥54.36 |
| Equity ratio | End of the current fiscal period 55.5 / End of previous period 50.8 |
| Total assets | ¥153,185 million |
| Net assets | ¥87,646 million |
| Cash flows from operating activities | ¥-3,040 million |
| Cash flows from investing activities | ¥-2,140 million |
| Cash flows from financing activities | ¥-7,268 million |
| Cash and cash equivalents at end of period | ¥83,851 million |
| Full-year earnings forecast | Net Sales ¥253,000 million (YoY +7.8%) / Operating profit ¥29,400 million (YoY +8.3%) / Ordinary income ¥29,400 million (YoY +8.4%) / Net income ¥19,000 million (YoY +7.3%) |
| Revision to Earnings Forecast | None (unchanged from the latest published forecast) |
| Annual Dividend Forecast | ¥40 → ¥40（0.0%） |
| Segment revenue | Apparel Business ¥74,475 million (YoY +5.5%), General Merchandise Business ¥47,366 million (YoY +2.3%) |
| Segment profit | Apparel Business ¥9,424 million (YoY +5.3%), General Merchandise Business ¥4,814 million (YoY -6.3%) |
| Depreciation and amortization | ¥1,751 million |
| Impairment loss | ¥233 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Not disclosed / Extraordinary loss Loss on Disposal of Fixed Assets ¥22 million, Impairment Losses ¥233 million, Total extraordinary loss ¥256 million |
| Disclosure regarding the going concern assumption | Not applicable. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | None (no additions or exclusions) |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for analysts and institutional investors) |
| Issued Shares at Period-End | 185,088,000 |
| Treasury Shares at Period-End | 12,051,494 |
| Factors Behind Changes in Business Performance | The apparel business posted higher revenue and higher profit due to strong performance by the young casual brands, the four-week merchandise cycle, expansion of the customer base through social media and e-commerce, stricter inventory management, and curbs on discount sales. In the general merchandise business, gross margin increased through appropriate pricing and control of initial order quantities, while profit declined due to temperature fluctuations and natural disasters, as well as higher selling, general and administrative expenses, particularly personnel costs. |
Items this document does not state (6)
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 the apparel business, gross margin improved due to strong performance by the young casual brands, improved store freshness through a four-week merchandise cycle, expansion of the customer base using social media and e-commerce, stricter inventory management, and curbs on discount sales. In the general merchandise business, gross margin increased through appropriate pricing and control of initial order quantities, but operating profit declined due to temperature fluctuations and natural disasters, as well as higher selling, general and administrative expenses, particularly personnel costs.