Komori
Earnings3175AP HOLDINGS CO.,LTD.Retail

Financial Results for the Fiscal Year Ending March 2026 (Japanese GAAP) (Consolidated)

For the fiscal year ending March 2026, revenue was only marginally higher, while operating income and ordinary income increased substantially, and net income turned positive from a loss. Financially, the company eliminated its negative net worth and improved its equity ratio.

Worth reading
60In focus
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
221.3
Year-on-year change in operating profit (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Full year1 April 2025 to 31 March 2026ConsolidatedJapanese GAAP
Net Sales21,821¥ millionYear on year +3.6%Progress 99.2%
Operating profit845¥ millionYear on year +221.3%Progress 98.3%
Ordinary income721¥ millionYear on year +185.3%Progress 97.4%
Net income attributable to owners of the parent1,135¥ million

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¥84.49
Operating Margin3.9%
Financial position at period-end
Total assets8,012¥ million
of which net assets 1,124 ¥ millionEquity ratio 14.0%vs. prior year-end +13.2pt

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+1,263
Investment+24
Financials-1,051
Net change+236

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¥1,171 million
Segment revenue
Domestic food service business15,60467.9%
International foodservice business2,0548.9%
Prepared-food business3,68016.0%
Production and distribution business1,6287.1%
Segment profit
Domestic food service business445
International foodservice business-17
Prepared-food business244
Production and distribution business173
Regional sales
Japan19,767,43645.3%
Other2,054,3454.7%
Total21,821,78250.0%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥22,000 million (YoY +0.8%)
Operating profit¥860 million (YoY +1.7%)
Ordinary income¥740 million (YoY +2.5%)
Profit attributable to owners of the parent¥585 million (YoY -48.5%)
Annual Dividend Forecast¥0.00 (actual for the fiscal year ending March 2026) → To be determined (FY ending March 2027)（To be determined）
Factors Behind Changes in Business Performance

The primary factor was structural improvement in the core business through restrained store openings and the strengthening of existing stores. In addition, a ¥438 million gain on the sale of shares in an affiliate was recorded as an extraordinary gain.

Disclosure regarding the going concern assumption

None applicable (the company determined that, as of the end of the fiscal year, the events or circumstances that had previously raised significant doubt about its ability to continue as a going concern had been resolved)

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 consolidationNew 0 companies / Excluded 1 company (株式会社リアルテイスト)
Material subsequent eventsNo applicable matters.
Impairment loss¥79,945 thousand
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥8,262 thousand, Gain on sale of shares in an affiliated company ¥438,870 thousand, Other ¥7,724 thousand, Total extraordinary income ¥454,857 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥28,949 thousand, Impairment Losses ¥79,945 thousand, Loss on sale of fixed assets ¥4,919 thousand, Total extraordinary loss ¥113,813 thousand
Depreciation and amortization¥408,053 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End12,883,150 Shares
Treasury Shares at Period-End125,206 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationFull year
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2025 to 31 March 2026
Net Sales¥21,821 million (YoY +3.6%)
Operating profit¥845 million (YoY +221.3%)
Ordinary income¥721 million (YoY +185.3%)
Profit attributable to owners of the parent¥1,135 million
Net income per share¥84.49
Operating Margin3.9%
Equity ratioEnd of the current fiscal period 14.0% / End of previous period △0.8%
Total assets¥8,012 million
Net assets¥1,124 million
Cash flows from operating activities¥1,263 million
Cash flows from investing activities¥24 million
Cash flows from financing activities¥-1,051 million
Cash and cash equivalents at end of period¥1,171 million
Full-year earnings forecastNet Sales ¥22,000 million (YoY +0.8%) / Operating profit ¥860 million (YoY +1.7%) / Ordinary income ¥740 million (YoY +2.5%) / Profit attributable to owners of the parent ¥585 million (YoY -48.5%)
Annual Dividend Forecast¥0.00 (actual for the fiscal year ending March 2026) → To be determined (FY ending March 2027)（To be determined）
Segment revenueSegment Domestic food service business / Net Sales ¥15,604 million / yoy_pct ¥3.8 million, Segment International foodservice business / Net Sales ¥2,054 million / yoy_pct ¥-18.1 million, Segment Prepared-food business / Net Sales ¥3,680 million / yoy_pct ¥19.4 million, Segment Production and distribution business / Net Sales ¥1,628 million / yoy_pct ¥0.7 million
Segment profitSegment Domestic food service business / Segment profit ¥445 million / yoy_pct ¥1,588 million, Segment International foodservice business / Segment profit ¥-17 million / yoy_pct Not disclosed, Segment Prepared-food business / Segment profit ¥244 million / yoy_pct ¥2.4 million, Segment Production and distribution business / Segment profit ¥173 million / yoy_pct ¥19.7 million
Regional salesRegion Japan / Net Sales ¥19,767,436 thousand, Region Other / Net Sales ¥2,054,345 thousand, Region Total / Net Sales ¥21,821,782 thousand
Depreciation and amortization¥408,053 thousand
Impairment loss¥79,945 thousand
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥8,262 thousand, Gain on sale of shares in an affiliated company ¥438,870 thousand, Other ¥7,724 thousand, Total extraordinary income ¥454,857 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥28,949 thousand, Impairment Losses ¥79,945 thousand, Loss on sale of fixed assets ¥4,919 thousand, Total extraordinary loss ¥113,813 thousand
Disclosure regarding the going concern assumptionNone applicable (the company determined that, as of the end of the fiscal year, the events or circumstances that had previously raised significant doubt about its ability to continue as a going concern had been resolved)
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNew 0 companies / Excluded 1 company (株式会社リアルテイスト)
Material subsequent eventsNo applicable matters.
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End12,883,150 Shares
Treasury Shares at Period-End125,206 Shares
Factors Behind Changes in Business PerformanceThe primary factor was structural improvement in the core business through restrained store openings and the strengthening of existing stores. In addition, a ¥438 million gain on the sale of shares in an affiliate was recorded as an extraordinary gain.
Items this document does not state (4)
Revision to Earnings ForecastPayout ratioShareholder Return PolicyOrders 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.

The company states that the main driver of higher earnings was structural improvement in its core business through restrained store openings and the strengthening of existing stores, rather than reliance on temporary factors. Net income attributable to owners of the parent also benefited from a ¥438 million gain on the sale of shares in an affiliate.

How to read this page

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Financial Results for the Fiscal Year Ending March 2026 (Japanese GAAP) (Consolidated) | AP HOLDINGS CO.,LTD. (3175) timely disclosure | Komori