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Presentation materials for financial results2790NAFCO Co.,Ltd.Retail

Materials for the Financial Results Briefing for the Fiscal Year Ending March 2026

For the fiscal year ended March 2026, operating revenue declined, while operating profit, ordinary profit and net income all increased due to reviews of expenses and sales promotions. For the fiscal year ending March 2027, the company plans to increase revenue and achieve substantial profit growth.

Worth reading
45Recurring
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
370
¥ million (year-on-year change in operating profit)
Wording
Conditional
How definitive the wording is.

Contents of this document

Presentation materials for financial resultsFiscal year ending March 20269 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥174,477 million-3.7%
Operating profit¥1,636 million+29.2%
Ordinary income¥1,488 million+11.9%
Net income¥223 million+21.6%
Gross Profit Margin34.0%
Operating profit margin0.9%
Selling, general and administrative expenses¥58,534 million
Full-year earnings forecast
Operating revenue
¥180,770 million
Operating profit
¥2,930 million
Ordinary income
¥3,030 million
Net income for the current fiscal year
¥1,270 million
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Operating gross profit from materials, DIY and gardening supplies¥-759 million
  • Operating gross profit from household goods¥-58 million
  • Operating gross profit from furniture and home fashion products¥-985 million
  • Other operating gross profit¥-214 million
  • Operating revenue¥78 million
  • Advertising expenses¥406 million
  • Personnel expenses¥566 million
  • Utilities expenses¥112 million
  • Depreciation¥172 million
  • Other selling, general and administrative expenses¥1,053 million
New initiatives
  • Opening new stores in Kaga, Matsubashi and Hamaoka
  • Renovations in Minami-Kurashiki, Kita-Miyakonojo, Moriyama, Yonago-Higashi, Yahata-Higashi and Kita-Kumamoto, among others
  • Expanding the private-label product lineup, including weed-control sheets, sensor lights, paper products, laundry detergent and sofas
Key KPIsA metric the company considers important as a management benchmark.
  • Private-label sales ratio45.5 %
    Year on year against the same period last year-0.1%
  • Private-label product ratio: building materials, DIY and gardening products45.5 %
  • Private-label product ratio: daily living products34.8 %
  • Private-label product ratio: furniture and home fashion products69.5 %
  • Number of municipalities with agreements354 Local government
  • Cumulative number of stores with solar power generation systems installed39 stores
Unit price and quantity metricsThese figures show sales broken down by price and volume.
  • Same-store customer traffic94.2 % year-on-year
  • Same-store spend per customer102.3 % year-on-year
Segment results
  • Building Materials, DIY and Gardening
    Net Sales¥80,569 million
    Year-on-year change in revenue97
    Gross profit¥28,695 million
    Gross profit year-on-year95.9
  • Lifestyle
    Net Sales¥46,106 million
    Year-on-year change in revenue99
    Gross profit¥13,106 million
    Gross profit year-on-year103.2
  • Furniture and Home Fashion
    Net Sales¥31,217 million
    Year-on-year change in revenue91.8
    Gross profit¥12,825 million
    Gross profit year-on-year92.9
  • Other
    Net Sales¥16,584 million
    Year-on-year change in revenue94.8
    Gross profit¥4,748 million
    Gross profit year-on-year95.7
Financial targets
Actual figures, including an equity ratio of 70.8% and an interest-bearing debt ratio of 8.2%, are provided, but target figures are not disclosed
Number of stores and locations
Number of Stores at Period-End359 stores
Number of store openings and closures during the period3 new stores (Kaga, Matsubashi and Hamaoka). Number of store closures: not disclosed
Annual Dividend
Annual dividend per share¥58
Payout ratio
638.1 %
Contents of this document
ItemDetails
Document typePresentation materials for financial results
Fiscal Period CoveredFiscal year ending March 2026
Net Sales¥174,477 million (YoY -3.7%)
Operating profit¥1,636 million (YoY +29.2%)
Ordinary income¥1,488 million (YoY +11.9%)
Net income¥223 million (YoY +21.6%)
Gross Profit Margin34.0%
Operating profit margin0.9%
Selling, general and administrative expenses¥58,534 million
Full-year earnings forecastOperating revenue ¥180,770 million / Operating profit ¥2,930 million / Ordinary income ¥3,030 million / Net income for the current fiscal year ¥1,270 million
Segment resultsSegment Building Materials, DIY and Gardening / Net Sales ¥80,569 million / Year-on-year change in revenue 97 / Gross profit ¥28,695 million / Gross profit year-on-year 95.9, Segment Lifestyle / Net Sales ¥46,106 million / Year-on-year change in revenue 99 / Gross profit ¥13,106 million / Gross profit year-on-year 103.2, Segment Furniture and Home Fashion / Net Sales ¥31,217 million / Year-on-year change in revenue 91.8 / Gross profit ¥12,825 million / Gross profit year-on-year 92.9, Segment Other / Net Sales ¥16,584 million / Year-on-year change in revenue 94.8 / Gross profit ¥4,748 million / Gross profit year-on-year 95.7
Breakdown of Factors Affecting the ChangeFactors Operating gross profit from materials, DIY and gardening supplies / Amount ¥-759 million, Factors Operating gross profit from household goods / Amount ¥-58 million, Factors Operating gross profit from furniture and home fashion products / Amount ¥-985 million, Factors Other operating gross profit / Amount ¥-214 million, Factors Operating revenue / Amount ¥78 million, Factors Advertising expenses / Amount ¥406 million, Factors Personnel expenses / Amount ¥566 million, Factors Utilities expenses / Amount ¥112 million, Factors Depreciation / Amount ¥172 million, Factors Other selling, general and administrative expenses / Amount ¥1,053 million
Key KPIsIndicator name Private-label sales ratio / Value 45.5 % / Year on year against the same period last year -0.1 %, Indicator name Private-label product ratio: building materials, DIY and gardening products / Value 45.5 % / Year on year against the same period last year Not disclosed, Indicator name Private-label product ratio: daily living products / Value 34.8 % / Year on year against the same period last year Not disclosed, Indicator name Private-label product ratio: furniture and home fashion products / Value 69.5 % / Year on year against the same period last year Not disclosed, Indicator name Number of municipalities with agreements / Value 354 Local government / Year on year against the same period last year Not disclosed, Indicator name Cumulative number of stores with solar power generation systems installed / Value 39 stores / Year on year against the same period last year Not disclosed
Unit price and quantity metricsIndicator name Same-store customer traffic / Value 94.2 % year-on-year, Indicator name Same-store spend per customer / Value 102.3 % year-on-year
Number of stores and locationsNumber of Stores at Period-End 359 stores / Number of store openings and closures during the period 3 new stores (Kaga, Matsubashi and Hamaoka). Number of store closures: not disclosed
Financial targetsActual figures, including an equity ratio of 70.8% and an interest-bearing debt ratio of 8.2%, are provided, but target figures are not disclosed
Annual DividendAnnual dividend per share ¥58 / Interim and Year-End Breakdown Not disclosed
Payout ratioValue 638.1 %
New initiativesOpening new stores in Kaga, Matsubashi and Hamaoka, Renovations in Minami-Kurashiki, Kita-Miyakonojo, Moriyama, Yonago-Higashi, Yahata-Higashi and Kita-Kumamoto, among others, Expanding the private-label product lineup, including weed-control sheets, sensor lights, paper products, laundry detergent and sofas
Items this document does not state (12)
Results for the three months of the current quarterProgress against full-year forecastSelf-assessment against the planNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / ShareKey points of the Q&A

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.

Operating revenue declined due to the effects of higher prices and seasonality, but profits increased as expense reviews reduced costs and reviews of sales promotions and other initiatives helped secure gross profit.

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.
Materials for the Financial Results Briefing for the Fiscal Year Ending March 2026 | NAFCO Co.,Ltd. (2790) timely disclosure | Komori