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Presentation materials for financial results3181KAITORI OKOKU CO.,LTD.Retail

Financial Results Briefing Materials for the Second Quarter of the Fiscal Year Ending February 2027

For the cumulative second quarter of the fiscal year ending February 2027, net sales, operating profit and ordinary profit exceeded the same period of the previous year, setting a new record high for first-half results. Net sales and operating profit also exceeded the cumulative second-quarter forecasts, while the company continued opening stores and strengthening sales at existing stores.

Worth reading
84Important
Scored from 4 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
417
¥ million (year-on-year increase in revenue)
Wording
Conditional
How definitive the wording is.

Contents of this document

Presentation materials for financial resultsFiscal 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 Sales¥4,811 million+9.5%
Operating profit¥289 million+63.0%
Ordinary income¥306 million+54.5%
Gross Profit Margin53.5 %
Operating profit margin6.03 %
Selling, general and administrative expenses¥2,286 million+6.6%
Full-year earnings forecast
Net Sales
¥10,012 million
Gross profit
¥5,316 million
Selling, general and administrative expenses
¥4,715 million
Operating profit
¥600 million
Ordinary income
¥610 million
Profit for the period
¥403 million
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。
Achievement rate versus 2Q cumulative forecast
Net Sales101.2 %
Operating profit145.2 %
Ordinary income142.3 %
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Progressing as planned
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
FashionStrengthening sales at existing stores
ToolsOpening new stores and strengthening sales at existing stores
Hobby goodsConverting stores to hobby specialty stores and strengthening sales at existing stores
BrandStrengthening sales at existing stores
Precious metalsDecline in gold prices and an increase in competitor store openings
Trading cardsStrengthening sales at existing stores
OtherStrengthening the outdoor and sports businesses, fishing tackle and other areas
Selling, general and administrative expenses
Shipping costs, payment processing fees, repairs and new store openings, among other items
Salaries and bonuses¥104 million
Rent¥27 million
Utilities expenses¥-4 million
Supplies and other expenses¥9 million
Depreciation and amortization¥0 million
Advertising expenses¥9 million
Other¥18 million
New initiatives
  • Preparation for overseas store openings in Southeast Asia
  • Launch of cross-border e-commerce
  • Exploring opportunities for new businesses, including M&A
  • Structural reform of logistics operations and expansion of the functions of new logistics hubs
  • Bringing outsourced operations in-house
  • Renewal of the domestic e-commerce site and expansion of sales channels
  • Opening 5 directly operated tool stores in the second half
  • Launching sales on new e-commerce marketplaces
  • Continuously adding functionality to the POS system
Key KPIsA metric the company considers important as a management benchmark.
Existing-store sales reaching a new record high54 consecutive months
2Q cumulative existing-store sales growth rate105.6 %
2Q cumulative store openings
4 Location
Planned annual store openings
9 Location
Planned FC store openings
1 Location
Segment results
Fashion
Net Sales¥1,890 million
Year on year against the same period last year+106.8%
Tools
Net Sales¥1,053 million
Year on year against the same period last year+112.0%
Hobby goods
Net Sales¥818 million
Year on year against the same period last year+112.0%
Brand
Net Sales¥425 million
Year on year against the same period last year+102.1%
Precious metals
Net Sales¥212 million
Year on year against the same period last year+92.6%
Trading cards
Net Sales¥126 million
Year on year against the same period last year+120.1%
Other
Net Sales¥284 million
Year on year against the same period last year+140.6%
Number of stores and locations
As of the end of August 2026Store count by format, including directly operated and franchised stores (買取王国・良品買館 34, マイシュウサガール 5, 工具買取王国 34 (FC 8), 釣具買取王国 6, WHY NOT 2, KOV 3, 買取七福 4)
Number of store openings and closures during the periodOpened 4 stores in the cumulative second quarter
Number of employees
Permanent employees181 people
Part-time employees377 people
Reference dateFiscal year ended February 2026
Three months of the current quarter
Net Sales
¥2,369 million+7.8%
Operating profit
¥68 million+408.0%
Operating profit margin
2.89 %
yoy_change_pt2.1
Contents of this document
ItemDetails
Document typePresentation materials for financial results
Fiscal Period CoveredFiscal year ending February 2027, second quarter
Net Sales¥4,811 million (YoY +9.5%)
Operating profit¥289 million (YoY +63.0%)
Ordinary income¥306 million (YoY +54.5%)
Gross Profit Margin53.5 %
Operating profit margin6.03 %
Selling, general and administrative expenses¥2,286 million (YoY +6.6%)
Three months of the current quarterNet Sales ¥2,369 million (YoY +7.8%) / Operating profit ¥68 million (YoY +408.0%) / Operating profit margin 2.89 %
Full-year earnings forecastNet Sales ¥10,012 million / Gross profit ¥5,316 million / Selling, general and administrative expenses ¥4,715 million / Operating profit ¥600 million / Ordinary income ¥610 million / Profit for the period ¥403 million
Progress against full-year forecastNet Sales Not disclosed / Operating profit Not disclosed / Ordinary income Not disclosed / Achievement rate versus 2Q cumulative forecast Net Sales 101.2 % / Operating profit 145.2 % / Ordinary income 142.3 %
Self-assessment against the planProgressing as planned
Segment resultsFashion Net Sales ¥1,890 million / Year on year against the same period last year ¥106.8 million / Tools Net Sales ¥1,053 million / Year on year against the same period last year ¥112 million / Hobby goods Net Sales ¥818 million / Year on year against the same period last year ¥112 million / Brand Net Sales ¥425 million / Year on year against the same period last year ¥102.1 million / Precious metals Net Sales ¥212 million / Year on year against the same period last year ¥92.6 million / Trading cards Net Sales ¥126 million / Year on year against the same period last year ¥120.1 million / Other Net Sales ¥284 million / Year on year against the same period last year ¥140.6 million
Breakdown of Factors Affecting the ChangeFashion Strengthening sales at existing stores / Tools Opening new stores and strengthening sales at existing stores / Hobby goods Converting stores to hobby specialty stores and strengthening sales at existing stores / Brand Strengthening sales at existing stores / Precious metals Decline in gold prices and an increase in competitor store openings / Trading cards Strengthening sales at existing stores / Other Strengthening the outdoor and sports businesses, fishing tackle and other areas / Selling, general and administrative expenses Salaries and bonuses ¥104 million / Factors Shipping costs, payment processing fees, repairs and new store openings, among other items / Rent ¥27 million / Utilities expenses ¥-4 million / Supplies and other expenses ¥9 million / Depreciation and amortization ¥0 million / Advertising expenses ¥9 million / Other ¥18 million
Key KPIsExisting-store sales reaching a new record high 54 consecutive months / 2Q cumulative existing-store sales growth rate 105.6 % / 2Q cumulative store openings 4 Location / Planned annual store openings 9 Location / Planned FC store openings 1 Location
Number of stores and locationsAs of the end of August 2026 Store count by format, including directly operated and franchised stores (買取王国・良品買館 34, マイシュウサガール 5, 工具買取王国 34 (FC 8), 釣具買取王国 6, WHY NOT 2, KOV 3, 買取七福 4) / Number of store openings and closures during the period Opened 4 stores in the cumulative second quarter
Number of employeesPermanent employees 181 people / Part-time employees 377 people / Reference date Fiscal year ended February 2026
New initiativesPreparation for overseas store openings in Southeast Asia, Launch of cross-border e-commerce, Exploring opportunities for new businesses, including M&A, Structural reform of logistics operations and expansion of the functions of new logistics hubs, Bringing outsourced operations in-house, Renewal of the domestic e-commerce site and expansion of sales channels, Opening 5 directly operated tool stores in the second half, Launching sales on new e-commerce marketplaces, Continuously adding functionality to the POS system
Items this document does not state (13)
Net incomeUnit price and quantity metricsAssumptions 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 / 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.

Strengthening sales at existing stores, opening new stores, converting stores to specialty formats, and strengthening the outdoor, sports and fishing-tackle businesses contributed to the increase in sales. Although the gross profit margin improved, SG&A expenses also increased due to higher headcount and pay raises, new store openings and events.

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.
Financial Results Briefing Materials for the Second Quarter of the Fiscal Year Ending February 2027 | KAITORI OKOKU CO.,LTD. (3181) timely disclosure | Komori