Komori
Revision of earnings forecasts3320CROSS PLUS INC.Trading & Wholesale

Notice Regarding Revisions to Consolidated Earnings Forecasts for the Second Quarter (Interim Period) and Full Fiscal Year Ending January 2027

The consolidated earnings forecasts for the second quarter (interim period) and full year of the fiscal year ending January 2027 were revised downward. Second-quarter operating profit was reduced from ¥600 million to ¥230 million, and full-year operating profit from ¥1,400 million to ¥700 million. Forecasts for net sales and profit attributable to owners of the parent were also reduced.

Worth reading
71In focus
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
-61.7
% (decline in second-quarter operating profit)
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ending January 2027 · Second quarter (interim period) and full yearPrevious forecast published 13 March 2026
Net SalesSecond quarter (interim period)29,500→28,500million
-3.4%
Net SalesFull year63,000→61,000million
-3.2%
Operating profitSecond quarter (interim period)600→230million
-61.7%
Operating profitFull year1,400→700million
-50.0%
Ordinary incomeSecond quarter (interim period)700→350million
-50.0%
Ordinary incomeFull year1,650→900million
-45.5%
Profit attributable to owners of the parentSecond quarter (interim period)550→100million
-81.8%
Profit attributable to owners of the parentFull year1,450→900million
-37.9%
Net income per shareSecond quarter (interim period)—→—yen
—
Net income per shareFull year—→—yen
—

The bar length represents the relative magnitude of change, based on the item that changed the most in this document.

Reason for the revision

Results are expected to fall below the initial plan due to consumers becoming more focused on conserving household finances amid growing uncertainty over the political and economic outlook and rising prices caused by the weaker yen, sluggish sales of summer products due to unfavorable weather, weak sales to specialty stores in the apparel wholesale business, higher procurement costs caused by the weaker yen and delays in passing these increases on to prices, and acquisition-related expenses for 株式会社シャルズ. For the full year, the company expects the continued impact of the weaker yen and has included an extraordinary gain from the sale of investment securities in its forecast.

Previous-period resultsSecond quarter (interim period) Net sales: ¥29,217 million; operating profit: ¥930 million; ordinary profit: ¥1,074 million; interim net income attributable to owners of the parent: ¥886 million; interim net income per share: ¥119.68 (second quarter of the fiscal year ended January 2026) / Full year Net sales: ¥59,852 million; operating profit: ¥1,395 million; ordinary profit: ¥1,636 million; net income attributable to owners of the parent: ¥1,759 million; net income per share: ¥237.12 (full year of the fiscal year ended January 2026)
Dividend forecast revisionNo revision (unchanged from the previously announced forecast)
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net SalesSecond quarter (interim period) 29,500 / Full year 63,000 → Second quarter (interim period) 28,500 / Full year 61,000(Second quarter (interim period) -3.4 / Full year -3.2)
Operating profitSecond quarter (interim period) 600 / Full year 1,400 → Second quarter (interim period) 230 / Full year 700(Second quarter (interim period) -61.7 / Full year -50)
Ordinary incomeSecond quarter (interim period) 700 / Full year 1,650 → Second quarter (interim period) 350 / Full year 900(Second quarter (interim period) -50 / Full year -45.5)
Profit attributable to owners of the parentSecond quarter (interim period) 550 / Full year 1,450 → Second quarter (interim period) 100 / Full year 900(Second quarter (interim period) -81.8 / Full year -37.9)
Net income per shareSecond quarter (interim period) ¥73.99 / Full year ¥195.07 → Second quarter (interim period) ¥13.39 / Full year ¥120.57
Fiscal Period CoveredFiscal year ending January 2027
Period CoveredSecond quarter (interim period) and full year
Publication date of previous forecast13 March 2026
Previous-period resultsSecond quarter (interim period) Net sales: ¥29,217 million; operating profit: ¥930 million; ordinary profit: ¥1,074 million; interim net income attributable to owners of the parent: ¥886 million; interim net income per share: ¥119.68 (second quarter of the fiscal year ended January 2026) / Full year Net sales: ¥59,852 million; operating profit: ¥1,395 million; ordinary profit: ¥1,636 million; net income attributable to owners of the parent: ¥1,759 million; net income per share: ¥237.12 (full year of the fiscal year ended January 2026)
Reason for the revisionResults are expected to fall below the initial plan due to consumers becoming more focused on conserving household finances amid growing uncertainty over the political and economic outlook and rising prices caused by the weaker yen, sluggish sales of summer products due to unfavorable weather, weak sales to specialty stores in the apparel wholesale business, higher procurement costs caused by the weaker yen and delays in passing these increases on to prices, and acquisition-related expenses for 株式会社シャルズ. For the full year, the company expects the continued impact of the weaker yen and has included an extraordinary gain from the sale of investment securities in its forecast.
Dividend forecast revisionNo revision (unchanged from the previously announced forecast)
Consolidated / non-consolidatedConsolidated
Items this document does not state (1)
Details and amount of extraordinary loss

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.

Consumers became more focused on conserving household finances amid growing uncertainty over the political and economic outlook and rising prices caused by the weaker yen. Results were also weighed down by sluggish sales of summer products due to unfavorable weather, weak sales to specialty stores in the apparel wholesale business, higher procurement costs caused by the weaker yen and delays in passing these increases on to prices, and acquisition-related expenses for 株式会社シャルズ. For the full year, the company also expects the continued impact of the weaker yen, while its forecast for net income includes an extraordinary gain from the sale of investment securities.

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Notice Regarding Revisions to Consolidated Earnings Forecasts for the Second Quarter (Interim Period) and Full Fiscal Year Ending January 2027 | CROSS PLUS INC. (3320) timely disclosure | Komori