Worth reading
41Recurring
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
271
¥ million (year-on-year increase in operating profit)Wording
Conditional
How definitive the wording is.Contents of this document
Earnings presentationFiscal year ending March 2027, second quarter (first half)9 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥91,475 million+101.0%
Operating profit¥2,104 million+114.8%
Ordinary income¥1,999 million+116.9%
Net income¥572 million+70.4%
Gross Profit Margin33.7 %
Operating profit margin2.3 %
Selling, general and administrative expenses¥29,163 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
¥800 million
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Gross operating profit
Building Materials, DIY and Gardening Products-65
Household Goods-119
Furniture and Home Fashion Products-150
Other-6
SG&A expense reduction570
Operating revenue43
Key changes in the second quarter alone
Q1 change in operating profit-122
Building Materials, DIY and Gardening Products-19
Household Goods59
Furniture and Home Fashion Products-47
Other19
Selling, general and administrative expenses177
Operating revenue20
New initiatives
- Opening of new Iwaki-Onahama and Takaoka stores
- Introduction of semi-self-checkout and full self-checkout systems, mainly at new stores and extensively renovated stores
- Rollout of private-label products
Key KPIsA metric the company considers important as a management benchmark.
Same-Store Sales
100.7 % year on year
Existing-store customer count
98.2 % year on year
Existing-store average spend per customer
102.5 % year on year
Private-label sales ratio
45.8 %
yoy_change_points0.5
Number of municipalities with disaster supplies agreements
355 Local government
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Existing-store customer count
98.2 % year on year
Existing-store average spend per customer
102.5 % year on year
Segment results
Building Materials, DIY and Gardening Products
Net Sales
¥45,150 million
Year-on-year change in revenue102.1
Gross profit
¥15,832 million
Gross profit year on year99.6
Household Goods
Net Sales
¥24,008 million
Year-on-year change in revenue101.2
Gross profit
¥6,599 million
Gross profit year on year98.2
Furniture and Home Fashion Products
Net Sales
¥14,693 million
Year-on-year change in revenue98
Gross profit
¥6,088 million
Gross profit year on year97.6
Other
Net Sales
¥7,623 million
Year-on-year change in revenue99.2
Gross profit
¥2,320 million
Gross profit year on year99.7
Financial targets
Equity ratio
68.1 %
As ofSecond quarter of the fiscal year ending March 2027
Number of stores and locations
Number of Stores at Period-End359 Store
Store openings during the periodIwaki-Onahama Store (April), Takaoka Store (September)
Annual Dividend
Fiscal year ending March 2026
Annual dividend per share¥58
Payout ratio
Fiscal year ending March 2026
638.1 %
| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | Fiscal year ending March 2027, second quarter (first half) |
| Net Sales | ¥91,475 million (YoY +101.0%) |
| Operating profit | ¥2,104 million (YoY +114.8%) |
| Ordinary income | ¥1,999 million (YoY +116.9%) |
| Net income | ¥572 million (YoY +70.4%) |
| Gross Profit Margin | 33.7 % |
| Operating profit margin | 2.3 % |
| Selling, general and administrative expenses | ¥29,163 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 ¥800 million |
| Segment results | Building Materials, DIY and Gardening Products Net Sales ¥45,150 million / Year-on-year change in revenue 102.1 / Gross profit ¥15,832 million / Gross profit year on year 99.6 / Household Goods Net Sales ¥24,008 million / Year-on-year change in revenue 101.2 / Gross profit ¥6,599 million / Gross profit year on year 98.2 / Furniture and Home Fashion Products Net Sales ¥14,693 million / Year-on-year change in revenue 98 / Gross profit ¥6,088 million / Gross profit year on year 97.6 / Other Net Sales ¥7,623 million / Year-on-year change in revenue 99.2 / Gross profit ¥2,320 million / Gross profit year on year 99.7 |
| Breakdown of Factors Affecting the Change | Gross operating profit Building Materials, DIY and Gardening Products -65 / Household Goods -119 / Furniture and Home Fashion Products -150 / Other -6 / SG&A expense reduction 570 / Operating revenue 43 / Key changes in the second quarter alone Q1 change in operating profit -122 / Building Materials, DIY and Gardening Products -19 / Household Goods 59 / Furniture and Home Fashion Products -47 / Other 19 / Selling, general and administrative expenses 177 / Operating revenue 20 |
| Key KPIs | Same-Store Sales 100.7 % year on year / Existing-store customer count 98.2 % year on year / Existing-store average spend per customer 102.5 % year on year / Private-label sales ratio 45.8 % / Number of municipalities with disaster supplies agreements 355 Local government |
| Unit price and quantity metrics | Existing-store customer count 98.2 % year on year / Existing-store average spend per customer 102.5 % year on year |
| Number of stores and locations | Number of Stores at Period-End 359 Store / Store openings during the period Iwaki-Onahama Store (April), Takaoka Store (September) / Store closures during the period Not disclosed |
| Financial targets | Equity ratio 68.1 % |
| Annual Dividend | Fiscal year ending March 2026 Annual dividend per share ¥58 / Fiscal year ending March 2027 Not disclosed |
| Payout ratio | Fiscal year ending March 2026 638.1 % |
| New initiatives | Opening of new Iwaki-Onahama and Takaoka stores, Introduction of semi-self-checkout and full self-checkout systems, mainly at new stores and extensively renovated stores, Rollout of private-label products |
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.The first quarter was challenging due to adverse weather, but the second quarter remained firm despite the impact of the Kumamoto Earthquake. The benefits of reviewing delivery operations centered on large furniture and consumables used at stores and other locations continued, reducing selling, general and administrative expenses, while an extraordinary loss related to disasters was recorded.
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.