Worth reading
65In focus
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
6109
¥ million (year-on-year increase in operating profit)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAPNet Sales263,230¥ millionYear on year +3.7%Progress 46.8%
Operating profit37,560¥ millionYear on year +19.4%Progress 43.7%
Ordinary income40,031¥ millionYear on year +20.9%Progress 46.0%
Net income attributable to owners of the parent37,119¥ millionYear on year +26.4%Progress 56.7%
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¥53.24
Financial position at period-end
Total assets1,175,453¥ million
of which net assets 605,389 ¥ millionEquity ratio 51.4%vs. prior year-end +0.6pt
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.
Cash inflows and outflows
Operating+28,186
Investment+21,238
Financials-30,175
Net change+19,249
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period¥97,235 million
Segment revenue
Department store business213,81172.5%+2.1%
Credit, financial services and membership clubs17,6176.0%+4.0%
Real estate15,4915.3%+35.4%
Other48,05916.3%+4.0%
Segment profit
Department store business30,83982.7%+21.2%
Credit, financial services and membership clubs3,5949.6%+22.7%
Real estate2,3776.4%+22.9%
Other4811.3%-45.6%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥563,000 million (YoY +3.2%)
Operating profit¥86,000 million (YoY +7.5%)
Ordinary income¥87,000 million (YoY +0.5%)
Net income¥65,500 million (YoY -13.9%)
Revision to Earnings ForecastNet Sales 562,000 / Operating profit 84,000 / Ordinary income 83,000 / Net income 63,000 / Net income per share ¥92.48 → Net Sales 563,000 / Operating profit 86,000 / Ordinary income 87,000 / Net income 65,500 / Net income per share ¥95.11（Net Sales 0.2 / Operating profit 2.4 / Ordinary income 4.8 / Net income 4 / Net income per share Not disclosed）
Annual Dividend ForecastPrevious-period results 70 → Current-period forecast 88 / Year-end dividend per share, adjusted for stock splits 22（+25.7%）
Factors Behind Changes in Business Performance
Revenue from identified domestic customers, customers making annual group purchases of at least ¥3 million, and overseas customers increased, reflecting the results of customer-business process initiatives. Gains on the sale of shares in affiliates also contributed to interim net income.
Disclosure regarding the going concern assumption
No matters to report
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 consolidationNo material changes (the number and names of companies added to or removed from the scope of consolidation are not disclosed)
Material subsequent eventsA stock split will be conducted effective 1 October 2026 at a ratio of 2 common shares for every 1 share.
Impairment loss¥376 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities ¥404 million, Gain on sale of shares in affiliates ¥10,479 million / Extraordinary loss Loss on disposal of fixed assets ¥52 million, Loss on store closures ¥406 million, Business structure improvement expenses ¥96 million
Depreciation and amortization¥12,173 million
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingYes (for securities analysts)
Issued Shares at Period-End734,909,108
Treasury Shares at Period-End42,445,018
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥263,230 million (YoY +3.7%) |
| Operating profit | ¥37,560 million (YoY +19.4%) |
| Ordinary income | ¥40,031 million (YoY +20.9%) |
| Profit attributable to owners of the parent | ¥37,119 million (YoY +26.4%) |
| Net income per share | ¥53.24 |
| Equity ratio | End of the current fiscal period 51.4 / End of previous period 50.8 |
| Total assets | ¥1,175,453 million |
| Net assets | ¥605,389 million |
| Cash flows from operating activities | ¥28,186 million |
| Cash flows from investing activities | ¥21,238 million |
| Cash flows from financing activities | ¥-30,175 million |
| Cash and cash equivalents at end of period | ¥97,235 million |
| Full-year earnings forecast | Net Sales ¥563,000 million (YoY +3.2%) / Operating profit ¥86,000 million (YoY +7.5%) / Ordinary income ¥87,000 million (YoY +0.5%) / Net income ¥65,500 million (YoY -13.9%) |
| Revision to Earnings Forecast | Net Sales 562,000 / Operating profit 84,000 / Ordinary income 83,000 / Net income 63,000 / Net income per share ¥92.48 → Net Sales 563,000 / Operating profit 86,000 / Ordinary income 87,000 / Net income 65,500 / Net income per share ¥95.11（Net Sales 0.2 / Operating profit 2.4 / Ordinary income 4.8 / Net income 4 / Net income per share Not disclosed） |
| Annual Dividend Forecast | Previous-period results 70 → Current-period forecast 88 / Year-end dividend per share, adjusted for stock splits 22（+25.7%） |
| Segment revenue | Department store business ¥213,811 million (YoY +2.1%) / Credit, financial services and membership clubs ¥17,617 million (YoY +4.0%) / Real estate ¥15,491 million (YoY +35.4%) / Other ¥48,059 million (YoY +4.0%) |
| Segment profit | Department store business ¥30,839 million (YoY +21.2%) / Credit, financial services and membership clubs ¥3,594 million (YoY +22.7%) / Real estate ¥2,377 million (YoY +22.9%) / Other ¥481 million (YoY -45.6%) |
| Depreciation and amortization | ¥12,173 million |
| Impairment loss | ¥376 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of investment securities ¥404 million, Gain on sale of shares in affiliates ¥10,479 million / Extraordinary loss Loss on disposal of fixed assets ¥52 million, Loss on store closures ¥406 million, Business structure improvement expenses ¥96 million |
| Disclosure regarding the going concern assumption | No matters to report |
| 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 | No material changes (the number and names of companies added to or removed from the scope of consolidation are not disclosed) |
| Material subsequent events | A stock split will be conducted effective 1 October 2026 at a ratio of 2 common shares for every 1 share. |
| Availability of Supplementary Financial Results Materials | Available |
| Availability of Financial Results Briefing | Yes (for securities analysts) |
| Issued Shares at Period-End | 734,909,108 |
| Treasury Shares at Period-End | 42,445,018 |
| Factors Behind Changes in Business Performance | Revenue from identified domestic customers, customers making annual group purchases of at least ¥3 million, and overseas customers increased, reflecting the results of customer-business process initiatives. Gains on the sale of shares in affiliates also contributed to interim net income. |
Items this document does not state (5)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders received and order backlog
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.Revenue from identified domestic customers, customers making annual group purchases of at least ¥3 million, and overseas customers increased, reflecting the results of customer-business process initiatives. Interim net income attributable to owners of the parent also benefited from gains on the sale of shares in affiliates.
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.