Items stated in the management plan
Partially revisedFor the fiscal year ending March 2026, the earnings forecast was revised upward on 30 January 2026 due to the effects of opening LOWYA physical stores, contributions from new product rollouts through OMO initiatives, and the achievement of stable cost-of-sales ratio control. As a result, results were broadly in line with the revised forecast. Based on this, a new 3-year plan was formulated to accelerate the opening of physical stores and further advance OMO initiatives.
| Item | Details |
|---|---|
| Plan name | Medium-Term Management Plan (3-Year Plan) |
| Plan period | Fiscal years ending March 2027 to March 2029 |
| Progress against the plan | Partially revised |
| Sales Target | Not disclosed → ¥27,300 million |
| Operating profit target | Not disclosed → ¥2,100 million |
| ROE target | Not disclosed → 13.6 % |
| Payout ratio / DOE policy | Dividends will be paid based on the higher of a 20% payout ratio or 2.0% DOE. The plan covers the fiscal years ending March 2027 through March 2029. The dividend per share plan is ¥18.0 for the fiscal year ending March 2027, ¥21.0 for the fiscal year ending March 2028, and ¥24.0 for the fiscal year ending March 2029. |
| Non-financial targets | Indicator name Number of new stores opened / Target value 6 stores / Timing Fiscal year ending March 2027, Indicator name Number of new stores opened / Target value 7 stores / Timing Fiscal year ending March 2028, Indicator name Number of new stores opened / Target value 8 stores / Timing Fiscal year ending March 2029 |
| Key initiatives | Accelerate the opening of physical stores, Further advance OMO initiatives |
| Results under the previous plan | Not disclosed → Broadly in line with the revised forecast |
| Reason for revision or withdrawal | For the fiscal year ending March 2026, the earnings forecast was revised upward on 30 January 2026 due to the effects of opening LOWYA physical stores, contributions from new product rollouts through OMO initiatives, and the achievement of stable cost-of-sales ratio control. As a result, results were broadly in line with the revised forecast. Based on this, a new 3-year plan was formulated to accelerate the opening of physical stores and further advance OMO initiatives. |
| Publication date | 15 May 2026 |
Items this document does not state (13)
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.For the fiscal year ending March 2026, the earnings forecast was revised upward due to the effects of opening LOWYA physical stores, contributions from new product rollouts through OMO initiatives, and the achievement of stable cost-of-sales ratio control, and results were broadly in line with the revised forecast. Based on this, a new 3-year plan was formulated to accelerate the opening of physical stores and further advance OMO initiatives. The dividend per share plan was also revised following the introduction of a payout ratio target.