Worth reading
56In focus
Scored from 5 of 6 sectionsDirection
Deterioration
Direction inferred from the company’s description.Scale
199711
¥ thousand (year-on-year deterioration in operating loss)Wording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationSecond quarter of the fiscal year ending September 20266 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥1,032,914 thousand-13.2%
Operating profit¥-273,609 thousand
Ordinary income¥-336,006 thousand
Net income¥-349,197 thousand
Selling, general and administrative expenses¥976,186 thousand
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Strategic loss resulting from store withdrawals and business format changes in the retail segment¥155 million
- Provision for shareholder benefits¥20.2 million
- Strategic loss resulting from the launch of new businesses¥23 million
- Amortization of goodwill and outsourcing expenses related to the renewable energy business, etc.¥40 million
- Advertising and promotional expenses related to DENBA¥18 million
- Costs related to the reorganization of the management structure¥7.7 million
- Total¥263.9 million
New initiatives
- Conversion of existing stores to DENBA Lounges
- Introduction of a subscription model
- Launch of a franchise rollout for the retail business
- Start of television infomercials introducing DENBA
- Sales through JD.com's cross-border e-commerce platform in China
- Planned launch of the new product “Cloud Pants”
- Planned launch of the new product “Aqua Gel Milk”
- Rollout of the third Phiten collaboration product, “Recovery Wear”
Key KPIsA metric the company considers important as a management benchmark.
- Direct-to-consumer business revenue mix59 %
- Wholesale business revenue mix26.5 %
- Retail business revenue mix13.8 %
- Consulting business revenue mix0.7 %
- Cumulative units of Natural Aqua Gel sold500 10,000 units
- Cumulative sales of Natural Aqua Gel125 Hundreds of millions of yen
Segment results
- Mail-Order BusinessNet Sales¥609,666 thousandYear-on-year change in revenue¥23,886 thousandOperating profit¥73,862 thousandYear-on-year operating profit growth¥-10,125 thousand
- Wholesale BusinessNet Sales¥273,528 thousandYear-on-year change in revenue¥-44,197 thousandOperating profit¥36,821 thousandYear-on-year operating profit growth¥-68,204 thousand
- Retail BusinessNet Sales¥142,661 thousandYear-on-year change in revenue¥-130,863 thousandOperating profit¥-51,282 thousandYear-on-year operating profit growth¥-38,422 thousand
- Consulting businessNet Sales¥7,255 thousandYear-on-year change in revenue¥-5,940 thousandOperating profit¥-45,051 thousandYear-on-year operating profit growth¥15,104 thousand
Number of stores and locations
Store openings during the periodOpened 3 DENBA Lounges, including the Shin-Urayasu store on 25 April 2026
Store closures during the periodDecreased from 8 stores to 7 stores
Number of employees
Number of Employees127 People
As ofAs of 30 September 2025, consolidated, including part-time and temporary employees
| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | Second quarter of the fiscal year ending September 2026 |
| Net Sales | ¥1,032,914 thousand (YoY -13.2%) |
| Operating profit | ¥-273,609 thousand |
| Ordinary income | ¥-336,006 thousand |
| Net income | ¥-349,197 thousand |
| Selling, general and administrative expenses | ¥976,186 thousand |
| Segment results | Segment Mail-Order Business / Net Sales ¥609,666 thousand / Year-on-year change in revenue ¥23,886 thousand / Operating profit ¥73,862 thousand / Year-on-year operating profit growth ¥-10,125 thousand, Segment Wholesale Business / Net Sales ¥273,528 thousand / Year-on-year change in revenue ¥-44,197 thousand / Operating profit ¥36,821 thousand / Year-on-year operating profit growth ¥-68,204 thousand, Segment Retail Business / Net Sales ¥142,661 thousand / Year-on-year change in revenue ¥-130,863 thousand / Operating profit ¥-51,282 thousand / Year-on-year operating profit growth ¥-38,422 thousand, Segment Consulting business / Net Sales ¥7,255 thousand / Year-on-year change in revenue ¥-5,940 thousand / Operating profit ¥-45,051 thousand / Year-on-year operating profit growth ¥15,104 thousand |
| Breakdown of Factors Affecting the Change | Factors Strategic loss resulting from store withdrawals and business format changes in the retail segment / Amount ¥155 million, Factors Provision for shareholder benefits / Amount ¥20.2 million, Factors Strategic loss resulting from the launch of new businesses / Amount ¥23 million, Factors Amortization of goodwill and outsourcing expenses related to the renewable energy business, etc. / Amount ¥40 million, Factors Advertising and promotional expenses related to DENBA / Amount ¥18 million, Factors Costs related to the reorganization of the management structure / Amount ¥7.7 million, Factors Total / Amount ¥263.9 million |
| Key KPIs | 59 %, 26.5 %, 13.8 %, 0.7 %, 500 10,000 units, 125 Hundreds of millions of yen |
| Number of stores and locations | End of period Not disclosed / Store openings during the period Opened 3 DENBA Lounges, including the Shin-Urayasu store on 25 April 2026 / Store closures during the period Decreased from 8 stores to 7 stores |
| Number of employees | Number of Employees 127 People / As of As of 30 September 2025, consolidated, including part-time and temporary employees / Changes during the period and hiring plan Not disclosed |
| New initiatives | Conversion of existing stores to DENBA Lounges, Introduction of a subscription model, Launch of a franchise rollout for the retail business, Start of television infomercials introducing DENBA, Sales through JD.com's cross-border e-commerce platform in China, Planned launch of the new product “Cloud Pants”, Planned launch of the new product “Aqua Gel Milk”, Rollout of the third Phiten collaboration product, “Recovery Wear” |
Items this document does not state (18)
Gross Profit MarginOperating profit marginResults for the three months of the current quarterFull-year earnings forecastProgress against full-year forecastSelf-assessment against the planUnit price and quantity metricsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders 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 company cited advertising and promotional expenses, interior construction costs, employee training expenses and the impact of temporary closures associated with store withdrawals and conversions to DENBA Lounges in the retail business; amortization of goodwill and outsourcing expenses related to the renewable energy business; new business launch costs; provisions for shareholder benefit expenses; costs related to the reorganization of the management structure; and financial advisory fees associated with the third-party allotment of shares. In the consulting business, the company said the timing of revenue recognition shifted due to negotiations over the sale of solar power plants and other assets.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.