Worth reading
36Immaterial
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
965
¥ million (year-on-year decrease in revenue)Wording
Conditional
How definitive the wording is.Contents of this document
Presentation materials for financial resultsFiscal year ending March 20266 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥3,534 million+78.6%
Operating profit¥-385 million
Ordinary income¥-455 million profit before tax
Net income¥-444 million
Gross Profit Margin49.9 %
Operating profit margin-10.9 %
Selling, general and administrative expenses¥2,101 million
Full-year earnings forecast
Revenue
¥3,400 million
Operating loss
¥-30 million
Profit before tax
¥-107 million
Loss for the period
¥-107 million
Profit for the period attributable to owners of the parent
¥-107 million
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Lower revenue¥-965 million
- Decrease in selling, general and administrative expenses¥-183 million
- Decrease in SG&A expenses due to fixed-cost reductions¥-182 million
- Decrease in inventories¥-438 million
- Decline in total assets¥-686 million
New initiatives
- Reduction of stagnant inventories
- Closure of Unprofitable Stores
- The next fiscal year is positioned as a transition period toward a normal operating structure aimed at growth, with a focus on restoring profitability
Key KPIsA metric the company considers important as a management benchmark.
- Gross profit margin49.9 %Year on year against the same period last year+5.0 percentage points
- Operating margin-10.9 %Year on year against the same period last year-4.7 percentage points
- SG&A ratio59.5 %Year on year against the same period last year+8.7 percentage points
- Inventories¥661 millionYear on year against the same period last year-¥438 million
- Inventory days136.2 daysYear on year against the same period last yearImproved
- Equity ratio1 %Year on year against the same period last year-15.0 percentage points
Segment results
Apparel Business
Revenue
¥2,434 million
Year on year against the same period last year-4.9%
Operating profit
¥-228 million
Jewelry business
Revenue
¥718 million
Year on year against the same period last year-9.0%
Operating profit
¥-92 million
Toy business
Revenue
¥425 million
Year on year against the same period last year-63.2%
Operating profit
¥15 million
Year on year against the same period last year-83.0%
Financial targets
The equity ratio declined from 16.0% to 1.0%. The financial target was Not disclosedNumber of stores and locations
Unprofitable stores were closed, but the year-end store count and number of openings and closures were Not disclosed| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Net Sales | ¥3,534 million (YoY +78.6%) |
| Operating profit | ¥-385 million |
| Ordinary income | ¥-455 million (profit before tax) |
| Net income | ¥-444 million |
| Gross Profit Margin | 49.9 % |
| Operating profit margin | -10.9 % |
| Selling, general and administrative expenses | ¥2,101 million |
| Full-year earnings forecast | Revenue ¥3,400 million / Operating loss ¥-30 million / Profit before tax ¥-107 million / Loss for the period ¥-107 million / Profit for the period attributable to owners of the parent ¥-107 million |
| Segment results | Apparel Business Revenue ¥2,434 million / Operating profit ¥-228 million / Jewelry business Revenue ¥718 million / Operating profit ¥-92 million / Toy business Revenue ¥425 million / Operating profit ¥15 million |
| Breakdown of Factors Affecting the Change | Factors Lower revenue / Amount ¥-965 million, Factors Decrease in selling, general and administrative expenses / Amount ¥-183 million, Factors Decrease in SG&A expenses due to fixed-cost reductions / Amount ¥-182 million, Factors Decrease in inventories / Amount ¥-438 million, Factors Decline in total assets / Amount ¥-686 million |
| Key KPIs | Indicator name Gross profit margin / Value 49.9 % / Year on year against the same period last year +5.0 percentage points, Indicator name Operating margin / Value -10.9 % / Year on year against the same period last year -4.7 percentage points, Indicator name SG&A ratio / Value 59.5 % / Year on year against the same period last year +8.7 percentage points, Indicator name Inventories / Value ¥661 million / Year on year against the same period last year -¥438 million, Indicator name Inventory days / Value 136.2 days / Year on year against the same period last year Improved, Indicator name Equity ratio / Value 1 % / Year on year against the same period last year -15.0 percentage points |
| Number of stores and locations | Unprofitable stores were closed, but the year-end store count and number of openings and closures were Not disclosed |
| Financial targets | The equity ratio declined from 16.0% to 1.0%. The financial target was Not disclosed |
| New initiatives | Reduction of stagnant inventories, Closure of Unprofitable Stores, The next fiscal year is positioned as a transition period toward a normal operating structure aimed at growth, with a focus on restoring profitability |
Items this document does not state (15)
Results for the three months of the current quarterProgress against full-year forecastSelf-assessment against the planUnit price and quantity metricsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan 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.The deterioration in performance was attributed to the temporary suspension of the toy business, lost sales opportunities due to insufficient apparel procurement, higher raw material prices, and the downsizing of the highly profitable toy business. Meanwhile, SG&A expenses and operating cash flow improved as a result of fixed-cost reductions, inventory reduction, and lower operating receivables.
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.
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