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Financial results presentation3548BAROQUE JAPAN LIMITEDRetail

Databook for the fiscal year ending February 2026

For the fiscal year ending February 2026, consolidated net sales declined 11.5% year on year and operating profit declined 60.5%. Meanwhile, all shares in the Chinese subsidiaries and affiliates were transferred to a special-purpose company on Belle's side, removing the China business from the scope of consolidation.

Worth reading
84Important
Scored from 4 of 6 sections
Direction
Deterioration
Direction inferred from the company’s description.
Scale
—
Displayed only when the document provides numerical figures.
Wording
Definitive
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Contents of this document

Supplementary materials to the earnings reportFiscal year ended February 20268 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥51,499 million-11.5%
Operating profit¥321 million-60.5%
Ordinary income¥383 million
Net income¥366 million
Selling, general and administrative expenses¥30,606 million
Gross Profit Margin
Rate60.1%
Year-on-year change (points)Up 3.2 percentage points from 56.9% in the previous fiscal year
Operating profit margin
Rate0.6%
Year-on-year change (points)Down 0.8 percentage points from 1.4% in the previous fiscal year
Results for the three months of the current quarter
Net Sales
¥13,495 million+87.0%
Gross profit
¥7,405 million+89.0%
Selling, general and administrative expenses
¥7,728 million+91.5%
Operating profit
¥-322 million
Ordinary income
¥-300 million
Net income
¥-136 million
What the company explained in this material
New initiatives
  • Transfer of all shares in BAROQUE CHINA LIMITED and BAROQUE CHINA APPARELS LIMITED to ABLE CONCORD LIMITED
Key KPIsA metric the company considers important as a management benchmark.
  • Total asset turnover1.6 times
  • Inventory turnover4 times
  • ROE2.4 %
  • ROA1.2 %
  • Store count336 Location
  • Number of employees1,266 people
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Items for year-on-year trends in net sales, customer count and average spend per customer are included, but the figures cannot be confirmed in the provided text
Number of stores and locations
End of period336 Location
Number of employees
Number of Employees1,266 people
Capital expenditures
¥1,327 million
Annual Dividend
Annual dividend per share¥38
Payout ratio
Rate372.8 %
Contents of this document
ItemDetails
Document typeSupplementary materials to the earnings report
Fiscal Period CoveredFiscal year ended February 2026
Net Sales¥51,499 million (YoY -11.5%)
Operating profit¥321 million (YoY -60.5%)
Ordinary income¥383 million
Net income¥366 million
Gross Profit MarginRate 60.1% / Year-on-year change (points) Up 3.2 percentage points from 56.9% in the previous fiscal year
Operating profit marginRate 0.6% / Year-on-year change (points) Down 0.8 percentage points from 1.4% in the previous fiscal year
Selling, general and administrative expenses¥30,606 million
Results for the three months of the current quarterNet Sales ¥13,495 million (YoY +87.0%) / Gross profit ¥7,405 million (YoY +89.0%) / Selling, general and administrative expenses ¥7,728 million (YoY +91.5%) / Operating profit ¥-322 million / Ordinary income ¥-300 million / Net income ¥-136 million
Key KPIsIndicator name Total asset turnover / Value 1.6 times / Year on year against the same period last year Not disclosed, Indicator name Inventory turnover / Value 4 times / Year on year against the same period last year Not disclosed, Indicator name ROE / Value 2.4 % / Year on year against the same period last year Not disclosed, Indicator name ROA / Value 1.2 % / Year on year against the same period last year Not disclosed, Indicator name Store count / Value 336 Location / Year on year against the same period last year Not disclosed, Indicator name Number of employees / Value 1,266 people / Year on year against the same period last year Not disclosed
Unit price and quantity metricsItems for year-on-year trends in net sales, customer count and average spend per customer are included, but the figures cannot be confirmed in the provided text
Number of stores and locationsEnd of period 336 Location / Number of store openings and closures during the period Not disclosed
Number of employeesNumber of Employees 1,266 people / Changes during the period and hiring plan Not disclosed
Annual DividendAnnual dividend per share ¥38 / Interim and Year-End Breakdown Not disclosed
Payout ratioRate 372.8 % / Total payout ratio and DOE Not disclosed
Capital expenditures¥1,327 million
New initiativesTransfer of all shares in BAROQUE CHINA LIMITED and BAROQUE CHINA APPARELS LIMITED to ABLE CONCORD LIMITED
Items this document does not state (13)
Full-year earnings forecastProgress against full-year forecastSelf-assessment against the planSegment resultsBreakdown of Factors Affecting the ChangeAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAcquisition of treasury sharesOrders 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 consolidation timing for the Chinese joint venture was changed because it became possible to prepare interim financial statements aligned with the parent company's fiscal year-end. The company also explained that, during the fiscal year ending February 2026, all shares in BAROQUE CHINA LIMITED and BAROQUE CHINA APPARELS LIMITED were transferred to ABLE CONCORD LIMITED, which is owned by Belle. The document does not explain the reasons for the decline in the reported financial results.

How to read this page

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Databook for the fiscal year ending February 2026 | BAROQUE JAPAN LIMITED (3548) timely disclosure | Komori