Worth reading
46Recurring
Scored from 4 of 6 sectionsDirection
Deterioration
Direction inferred from the company’s description.Scale
-40.3
Year-on-year change (operating income, %)Wording
Conditional
How definitive the wording is.Contents of this document
Summary of Q&AFiscal year ending February 2027, second quarter3 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales-1 Year on year -1.0%%
Operating profit-40.3 Year on year -40.3%%
What the company explained in this material
Key points of the Q&AKey questions raised by investors at the briefing and the company's answers
- Factors behind the first-half revenue and operating profit declines, and comparison with the earnings forecast
- Factors behind the second-quarter slowdown and measures at サンモール
- Store count and future store-opening policy
- Development of private-label products and increased production and expanded capacity at 尚仁沢ビバレッジ
- IT and low-cost management to maintain low prices amid rising prices
- Second-half measures to achieve the full-year earnings forecast
New initiatives
- Revamp of サンモール's management structure
- Operational efficiency improvements and a fundamental review of the cost structure
- Development of joint stores with サンモール
- Strengthening product complementarity between ジェーソン and サンモール
- Development of new private-label products and expansion of the product lineup
- Expansion of facilities and production capacity at 尚仁沢ビバレッジ
- System operation using AI and the latest technology
Number of stores and locations
End of period116 Location
Number of store openings and closures during the periodNo store openings during the first half; 1 fewer store than at the end of the previous fiscal year
| Item | Details |
|---|---|
| Document type | Summary of Q&A |
| Fiscal Period Covered | Fiscal year ending February 2027, second quarter |
| Net Sales | -1 Year on year (%) (YoY -1.0%) |
| Operating profit | -40.3 Year on year (%) (YoY -40.3%) |
| Number of stores and locations | End of period 116 Location / Number of store openings and closures during the period No store openings during the first half; 1 fewer store than at the end of the previous fiscal year |
| Key points of the Q&A | Factors behind the first-half revenue and operating profit declines, and comparison with the earnings forecast, Factors behind the second-quarter slowdown and measures at サンモール, Store count and future store-opening policy, Development of private-label products and increased production and expanded capacity at 尚仁沢ビバレッジ, IT and low-cost management to maintain low prices amid rising prices, Second-half measures to achieve the full-year earnings forecast |
| New initiatives | Revamp of サンモール's management structure, Operational efficiency improvements and a fundamental review of the cost structure, Development of joint stores with サンモール, Strengthening product complementarity between ジェーソン and サンモール, Development of new private-label products and expansion of the product lineup, Expansion of facilities and production capacity at 尚仁沢ビバレッジ, System operation using AI and the latest technology |
Items this document does not state (24)
Ordinary incomeNet incomeGross Profit MarginOperating profit marginSelling, general and administrative expensesResults for the three months of the current quarterFull-year earnings forecastProgress against full-year forecastSelf-assessment against the planSegment resultsBreakdown of Factors Affecting the ChangeKey KPIsUnit price and quantity metricsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / Share
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 factors cited were sluggish customer visits due to low temperatures and heavy rainfall in the Kanto region, a delayed end to the rainy season, prolonged rain and flooding, intensified competition in areas where サンモール operates, higher procurement costs amid rising prices, a decline in gross profit accompanying lower revenue, M&A-related costs, and higher labor costs and rent at サンモール. At the same time, the company said it secured its first-half operating profit forecast of ¥170 million by controlling costs such as procurement costs.
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.