Revised forecast
Fiscal year ended February 2026 · Full yearPrevious forecast published 14 October 2025The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.
Net sales and gross profit are expected to fall below plan because the momentum of the core brands weakened throughout the year and the company struggled to acquire new customers through its proprietary e-commerce site, mix.tokyo, among other factors. Although selling, general and administrative expenses were kept below the initial plan, this was insufficient to offset the decline in gross profit. The recognition of a goodwill impairment loss associated with the sluggish performance of the US business and other factors also affected profit.
Details Goodwill impairment loss / Amount Not disclosed
| Item | Details |
|---|---|
| Net Sales | 169,000 million yen → 167,000 million yen（-1.2%） |
| Operating profit | 5,700 million yen → 4,300 million yen（-24.6%） |
| Ordinary income | 6,000 million yen → 5,400 million yen（-10.0%） |
| Profit attributable to owners of the parent | 4,200 million yen → 3,300 million yen（-21.4%） |
| Net income per share | 62.56 yen → 52.61 yen |
| Fiscal Period Covered | Fiscal year ended February 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 14 October 2025 |
| Previous-period results | Net sales: ¥156,606 million; operating profit: ¥1,636 million; ordinary profit: ¥2,076 million; profit attributable to owners of the parent: ¥15,230 million; earnings per share: ¥210.02 (fiscal year ended February 2025) |
| Reason for the revision | Net sales and gross profit are expected to fall below plan because the momentum of the core brands weakened throughout the year and the company struggled to acquire new customers through its proprietary e-commerce site, mix.tokyo, among other factors. Although selling, general and administrative expenses were kept below the initial plan, this was insufficient to offset the decline in gross profit. The recognition of a goodwill impairment loss associated with the sluggish performance of the US business and other factors also affected profit. |
| Details and amount of extraordinary loss | Details Goodwill impairment loss / Amount Not disclosed |
| Dividend forecast revision | The year-end dividend forecast remains unchanged at ¥40 per share |
| Consolidated / non-consolidated | Consolidated |
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The momentum of the core brands weakened throughout the year, and the company also struggled to acquire new customers through its proprietary e-commerce site, mix.tokyo. As a result, net sales and gross profit are expected to fall below plan. Although selling, general and administrative expenses were kept below the initial plan, this was insufficient to offset the decline in gross profit. In addition, the recognition of a goodwill impairment loss associated with the sluggish performance of the US business and other factors reduced profit.