Worth reading
54Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Deterioration
Direction inferred from the company’s description.Scale
40.3
Year-on-year decline in operating profit (%)Wording
Conditional
How definitive the wording is.Contents of this document
Financial Results PresentationFiscal year ending February 2027, second quarter8 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales14,766 Millions of yen-1.0%
Operating profit173 Millions of yen-40.3%
Ordinary income187 Millions of yen-40.2%
Net income86 Millions of yen-52.6%
Selling, general and administrative expenses3,663 Millions of yen
Gross Profit Margin
Rate26.0%
Operating profit margin
Rate1.2%
Results for the three months of the current quarterRevenue of ¥7,367 million and operating profit of ¥20 million for the second quarter alone are shown in the graph. Other items are Not disclosed.
Full-year earnings forecast
Net Sales
29,000 Millions of yen
Operating profit
210 Millions of yen
Ordinary income
250 Millions of yen
Net income for the current fiscal year
150 Millions of yen
Annual Dividend
¥13 per share
Progress against full-year forecast 通期の予想に対して、いまどこまで進んだかの割合です。
Net Sales50.9%
Operating profit82.5%
Ordinary income75.1%
Interim net income57.7%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Below the initial planBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Factors Decreasing Operating Profit
Impact of lower revenue-142 Millions of yen
Factors Increasing Operating Profit
Cost of sales and other costs109 Millions of yen
Other factors contributing to the decline in operating profit
Personnel Expenses-47 Millions of yen
Rent-20 Millions of yen
Utilities expenses-9 Millions of yen
Depreciation-9 Millions of yen
Other, provision for shareholder benefit expenses, amortization of goodwill, etc.-35 Millions of yen
New initiatives
- Equipment renewal and expansion, and major capital investment at 尚仁沢ビバレッジ
- Conversion of ジェーソン and サンモール into joint stores
- Strengthening of JV products and original products
- DX infrastructure development and labor saving and operational efficiency improvements through the use of AI
Key KPIsA metric the company considers important as a management benchmark.
- Daily customer visits50,000 people
- Cumulative number of 尚仁沢 Natural Water units sold7,800 10,000 units
- Cumulative number of はじける強炭酸水 units sold1,800 10,000 units
- Number of 尚仁沢 Natural Water units produced1,410 10,000 units
- Average store size210 tsubo
Segment results
Apparel, fashion accessories and interiors
Net Sales245 Millions of yen
Daily necessities and household goods
Net Sales2,920 Millions of yen
Foods
Net Sales10,408 Millions of yen
Alcoholic beverages
Net Sales680 Millions of yen
Other
Net Sales501 Millions of yen
Number of stores and locations
Number of locations at period end121 Location
Number of store openings and closures during the periodClosed 1 store in the first half
Annual Dividend
Annual dividend amount¥13 per share
Payout ratio
Rate111.0%
| Item | Details |
|---|---|
| Document type | Financial Results Presentation |
| Fiscal Period Covered | Fiscal year ending February 2027, second quarter |
| Net Sales | 14,766 Millions of yen (YoY -1.0%) |
| Operating profit | 173 Millions of yen (YoY -40.3%) |
| Ordinary income | 187 Millions of yen (YoY -40.2%) |
| Net income | 86 Millions of yen (YoY -52.6%) |
| Gross Profit Margin | Rate 26.0% / Year-on-year change (points) Not disclosed |
| Operating profit margin | Rate 1.2% / Year-on-year change (points) Not disclosed |
| Selling, general and administrative expenses | 3,663 Millions of yen |
| Results for the three months of the current quarter | Revenue of ¥7,367 million and operating profit of ¥20 million for the second quarter alone are shown in the graph. Other items are Not disclosed. |
| Full-year earnings forecast | Net Sales 29,000 Millions of yen / Operating profit 210 Millions of yen / Ordinary income 250 Millions of yen / Net income for the current fiscal year 150 Millions of yen / Annual Dividend ¥13 per share |
| Progress against full-year forecast | Net Sales 50.9% / Operating profit 82.5% / Ordinary income 75.1% / Interim net income 57.7% |
| Self-assessment against the plan | Below the initial plan |
| Segment results | Apparel, fashion accessories and interiors Net Sales 245 Millions of yen / Year on year against the same period last year Not disclosed / Daily necessities and household goods Net Sales 2,920 Millions of yen / Year on year against the same period last year Not disclosed / Foods Net Sales 10,408 Millions of yen / Year on year against the same period last year Not disclosed / Alcoholic beverages Net Sales 680 Millions of yen / Year on year against the same period last year Not disclosed / Other Net Sales 501 Millions of yen / Year on year against the same period last year Not disclosed |
| Breakdown of Factors Affecting the Change | Factors Decreasing Operating Profit Impact of lower revenue -142 Millions of yen / Factors Increasing Operating Profit Cost of sales and other costs 109 Millions of yen / Other factors contributing to the decline in operating profit Personnel Expenses -47 Millions of yen / Rent -20 Millions of yen / Utilities expenses -9 Millions of yen / Depreciation -9 Millions of yen / Other, provision for shareholder benefit expenses, amortization of goodwill, etc. -35 Millions of yen |
| Key KPIs | Indicator name Daily customer visits / Value 50,000 people / Year on year against the same period last year Not disclosed, Indicator name Cumulative number of 尚仁沢 Natural Water units sold / Value 7,800 10,000 units / Year on year against the same period last year Not disclosed, Indicator name Cumulative number of はじける強炭酸水 units sold / Value 1,800 10,000 units / Year on year against the same period last year Not disclosed, Indicator name Number of 尚仁沢 Natural Water units produced / Value 1,410 10,000 units / Year on year against the same period last year Not disclosed, Indicator name Average store size / Value 210 tsubo / Year on year against the same period last year Not disclosed |
| Number of stores and locations | Number of locations at period end 121 Location / Number of store openings and closures during the period Closed 1 store in the first half |
| Annual Dividend | Annual dividend amount ¥13 per share / Interim and Year-End Breakdown Not disclosed |
| Payout ratio | Rate 111.0% / Total payout ratio Not disclosed / DOE Not disclosed |
| New initiatives | Equipment renewal and expansion, and major capital investment at 尚仁沢ビバレッジ, Conversion of ジェーソン and サンモール into joint stores, Strengthening of JV products and original products, DX infrastructure development and labor saving and operational efficiency improvements through the use of AI |
Items this document does not state (11)
Unit price and quantity metricsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial 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.Unfavorable weather, including low temperatures and heavy rain this summer; a decrease in customer visits; lower gross profit due to lower revenue; higher procurement costs; M&A-related expenses; increases in expenses, personnel costs, and rent and other property costs at the subsidiary サンモール; and costs associated with strengthening the management structure.
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.