Worth reading
38Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
189
¥ millions (variance from the full-year forecast for net income)Wording
Conditional
How definitive the wording is.Contents of this document
Supplementary materials to the earnings reportFiscal year ended February 20268 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥11,335 million+6.6%
Operating profit¥534 million+17.9%
Ordinary income¥528 million+19.8%
Net income¥609 million+36.7%
Selling, general and administrative expenses¥7,527 million
Gross Profit MarginCost of sales ratio: 29.8%, up 0.3 percentage points year on year
Operating profit margin4.7%, up 0.4 percentage points year on year
Full-year earnings forecast
Fiscal year ended February 2026
Net Sales
¥11,300 million
Operating profit
¥470 million
Ordinary income
¥450 million
Net income for the current fiscal year
¥420 million
Fiscal year ending February 2027
Net Sales
¥12,000 million
Operating profit
¥600 million
Ordinary income
¥580 million
Net income for the current fiscal year
¥330 million
What the company explained in this material
New initiatives
- Opened 3 stores in Chiba, Miyazaki and Toyama prefectures
- Put the store-opening strategy, “SmasH47,” on track and established a framework for nationwide expansion
- Target marketing aimed at increasing customer numbers and strengthening customer engagement
Key KPIsA metric the company considers important as a management benchmark.
- Store count110 Location
- Sales at all stores106.5 % year on year
- All-store customer traffic103.7 % year on year
- All-store spend per customer102.7 % year on year
- Existing-store revenue103.5 % year on year
- Same-store customer traffic100.7 % year on year
- Same-store spend per customer102.8 % year on year
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Monthly, first-half, second-half and full-year disclosure of customer counts and average spend per customer for all stores and existing storesMedium-term management plan targets
Under the 50th Anniversary Vision (2022-2030), the company aims to expand its store-opening target to all 47 prefectures and establish a 200-store network. The medium-term management plan (2025-2027) reiterates the store-count plan.Financial targets
Equity ratio: 50.7% (actual for the fiscal year ended February 2026). Financial target: Not disclosedNumber of stores and locations
End of period110 Location
Stores opened during the period3 Location
Annual Dividend
Fiscal year ended February 2026
¥11 per share
BreakdownOrdinary dividend: ¥10; special dividend: ¥1
FY2027/2 forecast
¥10 per share
Payout ratio
Approximately 30%| Item | Details |
|---|---|
| Document type | Supplementary materials to the earnings report |
| Fiscal Period Covered | Fiscal year ended February 2026 |
| Net Sales | ¥11,335 million (YoY +6.6%) |
| Operating profit | ¥534 million (YoY +17.9%) |
| Ordinary income | ¥528 million (YoY +19.8%) |
| Net income | ¥609 million (YoY +36.7%) |
| Gross Profit Margin | Cost of sales ratio: 29.8%, up 0.3 percentage points year on year |
| Operating profit margin | 4.7%, up 0.4 percentage points year on year |
| Selling, general and administrative expenses | ¥7,527 million |
| Full-year earnings forecast | Fiscal year ended February 2026 Net Sales ¥11,300 million / Operating profit ¥470 million / Ordinary income ¥450 million / Net income for the current fiscal year ¥420 million / Fiscal year ending February 2027 Net Sales ¥12,000 million / Operating profit ¥600 million / Ordinary income ¥580 million / Net income for the current fiscal year ¥330 million |
| Key KPIs | Indicator name Store count / Value 110 Location / Year on year against the same period last year Not disclosed, Indicator name Sales at all stores / Value 106.5 % year on year, Indicator name All-store customer traffic / Value 103.7 % year on year, Indicator name All-store spend per customer / Value 102.7 % year on year, Indicator name Existing-store revenue / Value 103.5 % year on year, Indicator name Same-store customer traffic / Value 100.7 % year on year, Indicator name Same-store spend per customer / Value 102.8 % year on year |
| Unit price and quantity metrics | Monthly, first-half, second-half and full-year disclosure of customer counts and average spend per customer for all stores and existing stores |
| Number of stores and locations | End of period 110 Location / Stores opened during the period 3 Location / Number of store closures Not disclosed |
| Medium-term management plan targets | Under the 50th Anniversary Vision (2022-2030), the company aims to expand its store-opening target to all 47 prefectures and establish a 200-store network. The medium-term management plan (2025-2027) reiterates the store-count plan. |
| Financial targets | Equity ratio: 50.7% (actual for the fiscal year ended February 2026). Financial target: Not disclosed |
| Annual Dividend | Fiscal year ended February 2026 ¥11 per share / FY2027/2 forecast ¥10 per share |
| Payout ratio | Approximately 30% |
| New initiatives | Opened 3 stores in Chiba, Miyazaki and Toyama prefectures, Put the store-opening strategy, “SmasH47,” on track and established a framework for nationwide expansion, Target marketing aimed at increasing customer numbers and strengthening customer engagement |
Items this document does not state (13)
Results for the three months of the current quarterProgress against full-year forecastSelf-assessment against the planSegment resultsBreakdown of Factors Affecting the ChangeNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookAcquisition 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 main reason net income exceeded the forecast was the recognition of an income adjustment in income taxes and other taxes due to the additional recognition of deferred tax assets. The company explained that this increase in profit was not accompanied by an increase in cash and cash equivalents.
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.