Worth reading
67In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
-962
¥ millions (year-on-year change in operating income)Wording
Conditional
How definitive the wording is.Contents of this document
Supplementary materials to the earnings reportThird quarter of the fiscal year ending June 202610 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥95,937 million+100.5%
Operating profit¥7,401 million+88.5%
Ordinary income¥8,303 million+90.4%
Net income¥7,703 million+123.5%
Selling, general and administrative expenses¥27,832 million
Gross Profit Margin
Rate31.3%
Year-on-year change (points)Down 0.3 percentage points from 31.6% in the same period of the prior year
Operating profit margin
Rate7.7%
Year-on-year change (points)Down 1.1 percentage points from 8.8% in the same period of the prior year
Results for the three months of the current quarter
Standalone third quarter of the fiscal year ending June 2026 (ジョイフル本田 standalone)
Net Sales
¥30,448 million+100.3%
Operating profit
¥2,109 million+85.3%
Ordinary income
¥2,404 million+87.7%
Net income
¥1,707 million+92.6%
Full-year earnings forecast
Net Sales
¥131,000 million
Gross profit
¥41,100 million
Operating revenue
¥7,000 million
Gross operating profit
¥48,100 million
Selling, general and administrative expenses
¥39,300 million
Operating profit
¥8,800 million
Ordinary income
¥10,000 million
Income before taxes and other adjustments
¥11,900 million
Net income
¥8,800 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。
Consolidated revenue73.2%
Gross profit73.0%
Operating revenue74.9%
Gross operating profit73.3%
Selling, general and administrative expenses70.8%
Operating profit84.1%
Ordinary income83.0%
Income before taxes and other adjustments86.9%
Net income87.5%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Tracking in line with the full-year earnings forecastBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Net Sales
株式会社本田 sales+¥1,412 million
Main changes in existing-store salesChanges in sales of building materials and professional products, interiors and living, remodeling, daily necessities, pet products and leisure products are shown graphically
Selling, general and administrative expenses
General administrative expenses+¥158 million
Repair expenses+¥251 million
Security and safety management expenses+¥172 million
Total other+¥813 million
Net income
Gain on negative goodwill+¥1,940 million
New initiatives
- Execution of a basic agreement on the business integration with ARCLANDS CORPORATION
- Launch of the “Get!!得” price-promotion initiative
- Opening of the new ジョイフル本田資材館 FARM GARDEN+
- Change of the remodeling business trade name to “JOYFUL HOME”
- Renewal of the service website
Key KPIsA metric the company considers important as a management benchmark.
- Existing-store sales (nine months ended Q3, standalone)98.6 Year on year %
- All-store sales (standalone third quarter)100.3 Year on year %
- Garden and Farm GRP sales (standalone third quarter)102.7 Year on year %
- Pet-related sales at the Arakawaoki store (March)216.8 Year on year %
- Total labor hours101.2 Compared with the fiscal year ended June 2023 %
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Monthly existing-store results
Number of Customers
- MonthJulyYear on year_pct98.3
- MonthAugustYear on year_pct96.2
- MonthSeptemberYear on year_pct95.6
- MonthOctoberYear on year_pct96
- MonthNovemberYear on year_pct96.3
- MonthDecemberYear on year_pct96.3
- MonthJanuaryYear on year_pct97.5
- MonthFebruaryYear on year_pct95.2
- MonthMarchYear on year_pct102.4
- MonthAprilYear on year_pct101.5
Average Spend per Customer
- MonthJulyYear on year_pct102.8
- MonthAugustYear on year_pct99.7
- MonthSeptemberYear on year_pct101.6
- MonthOctoberYear on year_pct101.6
- MonthNovemberYear on year_pct102.2
- MonthDecemberYear on year_pct102.1
- MonthJanuaryYear on year_pct100.4
- MonthFebruaryYear on year_pct100.8
- MonthMarchYear on year_pct102.7
- MonthAprilYear on year_pct103.5
Medium-term management plan targets
Store openings20–30 stores in total during the medium-term plan period
Comparison with actual results4 stores opened by the end of Q3 of the fiscal year ending June 2026, 3 stores scheduled to open in Q4, and 7 stores scheduled in total during the medium-term plan period
Market Size / Share
Joint holding company industry rankingNo. 4 in the home improvement industry by sales
Joint holding company store count399 stores
Joint holding company sales¥470,121 million
Number of stores and locations
Number at period-end17 home improvement stores and 15 specialty stores (as stated in the company profile)
Stores opened during the period5 stores (1 in Q1, 1 in Q2, 2 in Q3 and 1 scheduled for Q4)
Future store openings2 stores in Q4
Specialty store openings scheduled for Q43 stores
Number of employees
Number of Employees4,569 (including 1,848 permanent employees, as of the end of the fiscal year ended June 2025)
Projected joint holding company after the business integration19,365 (consolidated)
Capital expenditures
¥3,303 million nine months ended Q3 of the fiscal year ending June 2026, consolidated
Full-year outlook
¥9,300 million
| Item | Details |
|---|---|
| Document type | Supplementary materials to the earnings report |
| Fiscal Period Covered | Third quarter of the fiscal year ending June 2026 |
| Net Sales | ¥95,937 million (YoY +100.5%) |
| Operating profit | ¥7,401 million (YoY +88.5%) |
| Ordinary income | ¥8,303 million (YoY +90.4%) |
| Net income | ¥7,703 million (YoY +123.5%) |
| Gross Profit Margin | Rate 31.3% / Year-on-year change (points) Down 0.3 percentage points from 31.6% in the same period of the prior year |
| Operating profit margin | Rate 7.7% / Year-on-year change (points) Down 1.1 percentage points from 8.8% in the same period of the prior year |
| Selling, general and administrative expenses | ¥27,832 million |
| Results for the three months of the current quarter | Subject Standalone third quarter of the fiscal year ending June 2026 (ジョイフル本田 standalone) / Net Sales ¥30,448 million (YoY +100.3%) / Operating profit ¥2,109 million (YoY +85.3%) / Ordinary income ¥2,404 million (YoY +87.7%) / Net income ¥1,707 million (YoY +92.6%) |
| Full-year earnings forecast | Net Sales ¥131,000 million / Gross profit ¥41,100 million / Operating revenue ¥7,000 million / Gross operating profit ¥48,100 million / Selling, general and administrative expenses ¥39,300 million / Operating profit ¥8,800 million / Ordinary income ¥10,000 million / Income before taxes and other adjustments ¥11,900 million / Net income ¥8,800 million |
| Progress against full-year forecast | Consolidated revenue 73.2% / Gross profit 73.0% / Operating revenue 74.9% / Gross operating profit 73.3% / Selling, general and administrative expenses 70.8% / Operating profit 84.1% / Ordinary income 83.0% / Income before taxes and other adjustments 86.9% / Net income 87.5% |
| Self-assessment against the plan | Tracking in line with the full-year earnings forecast |
| Breakdown of Factors Affecting the Change | Net Sales 株式会社本田 sales +¥1,412 million / Main changes in existing-store sales Changes in sales of building materials and professional products, interiors and living, remodeling, daily necessities, pet products and leisure products are shown graphically / Selling, general and administrative expenses General administrative expenses +¥158 million / Repair expenses +¥251 million / Security and safety management expenses +¥172 million / Total other +¥813 million / Net income Gain on negative goodwill +¥1,940 million |
| Key KPIs | Indicator name Existing-store sales (nine months ended Q3, standalone) / Value 98.6 Year on year (%), Indicator name All-store sales (standalone third quarter) / Value 100.3 Year on year (%), Indicator name Garden and Farm GRP sales (standalone third quarter) / Value 102.7 Year on year (%), Indicator name Pet-related sales at the Arakawaoki store (March) / Value 216.8 Year on year (%), Indicator name Total labor hours / Value 101.2 Compared with the fiscal year ended June 2023 (%) |
| Unit price and quantity metrics | Monthly existing-store results Number of Customers Month July / Year on year_pct 98.3, Month August / Year on year_pct 96.2, Month September / Year on year_pct 95.6, Month October / Year on year_pct 96, Month November / Year on year_pct 96.3, Month December / Year on year_pct 96.3, Month January / Year on year_pct 97.5, Month February / Year on year_pct 95.2, Month March / Year on year_pct 102.4, Month April / Year on year_pct 101.5 / Average Spend per Customer Month July / Year on year_pct 102.8, Month August / Year on year_pct 99.7, Month September / Year on year_pct 101.6, Month October / Year on year_pct 101.6, Month November / Year on year_pct 102.2, Month December / Year on year_pct 102.1, Month January / Year on year_pct 100.4, Month February / Year on year_pct 100.8, Month March / Year on year_pct 102.7, Month April / Year on year_pct 103.5 |
| Number of stores and locations | Number at period-end 17 home improvement stores and 15 specialty stores (as stated in the company profile) / Stores opened during the period 5 stores (1 in Q1, 1 in Q2, 2 in Q3 and 1 scheduled for Q4) / Future store openings 2 stores in Q4 / Specialty store openings scheduled for Q4 3 stores |
| Number of employees | Number of Employees 4,569 (including 1,848 permanent employees, as of the end of the fiscal year ended June 2025) / Projected joint holding company after the business integration 19,365 (consolidated) |
| Medium-term management plan targets | Store openings 20–30 stores in total during the medium-term plan period / Comparison with actual results 4 stores opened by the end of Q3 of the fiscal year ending June 2026, 3 stores scheduled to open in Q4, and 7 stores scheduled in total during the medium-term plan period |
| Capital expenditures | ¥3,303 million (nine months ended Q3 of the fiscal year ending June 2026, consolidated) |
| Market Size / Share | Joint holding company industry ranking No. 4 in the home improvement industry by sales / Joint holding company store count 399 stores / Joint holding company sales ¥470,121 million |
| New initiatives | Execution of a basic agreement on the business integration with ARCLANDS CORPORATION, Launch of the “Get!!得” price-promotion initiative, Opening of the new ジョイフル本田資材館 FARM GARDEN+, Change of the remodeling business trade name to “JOYFUL HOME”, Renewal of the service website |
Items this document does not state (9)
Segment resultsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesOrders received and order backlogKey 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.Net sales increased due to the price-promotion initiative launched in the third quarter and steady performance at new stores. Operating income was affected by expenses associated with new store openings, repairs at existing stores, and a decline in the gross margin resulting from the higher sales mix of price-promoted products. The increase in net income was attributable to a ¥1.94 billion gain on negative goodwill arising from the consolidation of 株式会社本田.
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