Worth reading
50Recurring
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
-24.1
% (year-on-year change in operating profit)Wording
Conditional
How definitive the wording is.Results for this period
Third quarter1 July 2025 to 31 March 2026ConsolidatedJapanese GAAPNet Sales207,139¥ millionYear on year +5.7%Progress 73.5%
Operating profit4,466¥ millionYear on year -24.1%Progress 49.6%
Ordinary income5,557¥ millionYear on year -23.1%Progress 52.9%
Net income attributable to owners of the parent3,611¥ millionYear on year -19.7%Progress 64.6%
The 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.
Net income per share¥95.20
Financial position at period-end
Total assets224,015¥ million
of which net assets 119,811 ¥ millionEquity ratio 53.5%vs. prior year-end -5.3pt
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.
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥282,000 million (YoY +5.0%)
Operating profit¥9,000 million (YoY +5.7%)
Ordinary income¥10,500 million (YoY +0.3%)
Net income¥5,590 million (YoY +0.3%)
Revision to Earnings ForecastWhether revised No / Net Sales Not disclosed / Operating profit Not disclosed / Ordinary income Not disclosed / Net income Not disclosed
Annual Dividend Forecast¥50 → ¥50（0.0%）
Factors Behind Changes in Business Performance
Revenue exceeded the previous year's level. In terms of profit, the gross profit margin declined as the Company responded to heightened consumer thrift and worked down inventories of winter products, while the SG&A expense ratio increased due to higher expenses, including personnel costs, and the costs of opening new stores and renovating existing stores.
Disclosure regarding the going concern assumption
Not applicable.
Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew 0 / Excluded 0 / Company name No
Impairment loss¥62 million
Breakdown of extraordinary income (loss)Extraordinary income Item Gain on sale of non-current assets / Amount ¥0 million, Item Gain on business transfer / Amount ¥286 million / Extraordinary loss Item Loss on Disposal of Fixed Assets / Amount ¥121 million, Item Impairment Losses / Amount ¥62 million, Item Other / Amount ¥2 million
Depreciation and amortization¥4,660 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Institutional investors and analysts
Issued Shares at Period-End38,888,000
Treasury Shares at Period-End1,388,328
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 July 2025 to 31 March 2026 |
| Net Sales | ¥207,139 million (YoY +5.7%) |
| Operating profit | ¥4,466 million (YoY -24.1%) |
| Ordinary income | ¥5,557 million (YoY -23.1%) |
| Profit attributable to owners of the parent | ¥3,611 million (YoY -19.7%) |
| Net income per share | ¥95.20 |
| Equity ratio | End of the current fiscal period 53.5 / End of previous period 58.8 |
| Total assets | ¥224,015 million |
| Net assets | ¥119,811 million |
| Full-year earnings forecast | Net Sales ¥282,000 million (YoY +5.0%) / Operating profit ¥9,000 million (YoY +5.7%) / Ordinary income ¥10,500 million (YoY +0.3%) / Net income ¥5,590 million (YoY +0.3%) |
| Revision to Earnings Forecast | Whether revised No / Net Sales Not disclosed / Operating profit Not disclosed / Ordinary income Not disclosed / Net income Not disclosed |
| Annual Dividend Forecast | ¥50 → ¥50（0.0%） |
| Depreciation and amortization | ¥4,660 million |
| Impairment loss | ¥62 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Item Gain on sale of non-current assets / Amount ¥0 million, Item Gain on business transfer / Amount ¥286 million / Extraordinary loss Item Loss on Disposal of Fixed Assets / Amount ¥121 million, Item Impairment Losses / Amount ¥62 million, Item Other / Amount ¥2 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 | New 0 / Excluded 0 / Company name No |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Institutional investors and analysts |
| Issued Shares at Period-End | 38,888,000 |
| Treasury Shares at Period-End | 1,388,328 |
| Factors Behind Changes in Business Performance | Revenue exceeded the previous year's level. In terms of profit, the gross profit margin declined as the Company responded to heightened consumer thrift and worked down inventories of winter products, while the SG&A expense ratio increased due to higher expenses, including personnel costs, and the costs of opening new stores and renovating existing stores. |
Items this document does not state (12)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesOrders received and order backlogMaterial subsequent events
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 gross profit margin declined as the Company responded to heightened consumer thrift and worked down inventories, including winter apparel. The SG&A expense ratio increased due to higher expenses, mainly personnel costs, as well as the costs associated with opening 10 new stores and renovating 10 existing stores during the period.
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.