Worth reading
75Important
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
1688
Millions of yen (year-on-year change in operating profit)Wording
Definitive
How definitive the wording is.Contents of this document
Supplementary materials to the earnings reportFirst quarter of the fiscal year ending February 202710 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥149,432 million+9.7%
Operating profit¥11,373 million+17.4%
Ordinary income¥10,933 million+19.4%
Net income¥6,558 million+11.5%
Gross Profit Margin34.5 %
Operating profit margin7.6 %
Selling, general and administrative expenses¥42,678 million
Results for the three months of the current quarter
Net Sales
¥149,432 million
Gross profit
¥51,541 million
Operating profit
¥11,373 million
Ordinary income
¥10,933 million
Net income
¥6,558 million
Full-year earnings forecast
Net Sales
¥567,500 million
Gross profit
¥196,200 million
Gross operating profit
¥206,000 million
Selling, general and administrative expenses
¥174,800 million
Operating profit
¥31,200 million
Ordinary income
¥29,400 million
Net income
¥17,400 million
Annual Dividend
¥48
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Increase in sales¥1,165 million
Gross profit margin improvement¥479 million
SG&A cost reduction¥706 million
Other¥-13 million
エンチョー consolidated¥-793 million
エクスプライス consolidation¥143 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Same-store sales growth rate
First half0.5 %
Second half0.3 %
Full year0.4 %
New Store Openings
Full year10 Location
Store closures
Full year2 Location
Capital Expenditure
¥20,000 million
Depreciation and amortization
¥14,000 million
New initiatives
- Strengthen sales of エクスプライス private-label products, MAXZEN
- Expand the supply of MAXZEN products to DCM stores
- Strengthen profitability through renovations of DCMニコット stores
Key KPIsA metric the company considers important as a management benchmark.
Same-Store Sales
102.4 %+2.4%
Private-label revenue mix
30.2 %
yoy_change_pp2.3
ホダカ same-store sales
105.9 %+5.9%
DCMニコット same-store sales
107.6 %+7.6%
エクスプライス operating profit
¥251 million+133.5%
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Same-store customer traffic
99.3 %-0.7%
Same-store spend per customer
103.1 %+3.1%
Number of stores and locations
Number of Stores at Period-End918 Location
New Store Openings1 Location
Store closures1 Location
Number of employees
Number of permanent employees5,044 people
Non-regular employees12,154 people
unit_non-regular employeespeople
Capital expenditures
¥2,719 million
Annual Dividend
Annual¥48
Interim¥24
End of period¥24
Acquisition of treasury shares
Number of shares acquired3,000,000 Shares
Acquisition price4,829 Shares
Amount unit¥ million
Acquisition completedDecember 2025 onward
| Item | Details |
|---|---|
| Document type | Supplementary materials to the earnings report |
| Fiscal Period Covered | First quarter of the fiscal year ending February 2027 |
| Net Sales | ¥149,432 million (YoY +9.7%) |
| Operating profit | ¥11,373 million (YoY +17.4%) |
| Ordinary income | ¥10,933 million (YoY +19.4%) |
| Net income | ¥6,558 million (YoY +11.5%) |
| Gross Profit Margin | 34.5 % |
| Operating profit margin | 7.6 % |
| Selling, general and administrative expenses | ¥42,678 million |
| Results for the three months of the current quarter | Net Sales ¥149,432 million / Gross profit ¥51,541 million / Operating profit ¥11,373 million / Ordinary income ¥10,933 million / Net income ¥6,558 million |
| Full-year earnings forecast | Net Sales ¥567,500 million / Gross profit ¥196,200 million / Gross operating profit ¥206,000 million / Selling, general and administrative expenses ¥174,800 million / Operating profit ¥31,200 million / Ordinary income ¥29,400 million / Net income ¥17,400 million / Annual Dividend ¥48 |
| Breakdown of Factors Affecting the Change | Increase in sales ¥1,165 million / Gross profit margin improvement ¥479 million / SG&A cost reduction ¥706 million / Other ¥-13 million / エンチョー consolidated ¥-793 million / エクスプライス consolidation ¥143 million |
| Key KPIs | Same-Store Sales 102.4 % (YoY +2.4%) / Private-label revenue mix 30.2 % / ホダカ same-store sales 105.9 % (YoY +5.9%) / DCMニコット same-store sales 107.6 % (YoY +7.6%) / エクスプライス operating profit ¥251 million (YoY +133.5%) |
| Unit price and quantity metrics | Same-store customer traffic 99.3 % (YoY -0.7%) / Same-store spend per customer 103.1 % (YoY +3.1%) |
| Number of stores and locations | Number of Stores at Period-End 918 Location / New Store Openings 1 Location / Store closures 1 Location |
| Number of employees | Number of permanent employees 5,044 people / Non-regular employees 12,154 people / unit_non-regular employees people |
| Assumptions Underlying the Business Outlook | Same-store sales growth rate First half 0.5 % / Second half 0.3 % / Full year 0.4 % / New Store Openings Full year 10 Location / Store closures Full year 2 Location / Capital Expenditure ¥20,000 million / Depreciation and amortization ¥14,000 million |
| Annual Dividend | Annual ¥48 / Interim ¥24 / End of period ¥24 |
| Acquisition of treasury shares | Number of shares acquired 3,000,000 Shares / Acquisition price 4,829 Shares / Amount unit ¥ million / Acquisition completed December 2025 onward |
| Capital expenditures | ¥2,719 million |
| New initiatives | Strengthen sales of エクスプライス private-label products, MAXZEN, Expand the supply of MAXZEN products to DCM stores, Strengthen profitability through renovations of DCMニコット stores |
Items this document does not state (10)
Progress against full-year forecastSelf-assessment against the planSegment resultsRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsPayout ratioOrders 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.Net sales increased due to bulk buying driven by the impact of the situation in the Middle East, strong sales of summer goods, air conditioners and electric fans as temperatures rose, and the consolidation effect of エンチョー・ホームテック. Operating profit was boosted by higher sales, an improvement in the gross profit margin and SG&A reductions. Meanwhile, エンチョー posted lower profit due to the impact of store renovations.
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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.