Worth reading
52Recurring
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
28000
¥ millionWording
Conditional
How definitive the wording is.Results for this period
Third quarter1 January 2026 to 30 September 2026ConsolidatedIFRSNet Sales741,143¥ millionYear on year +6.8%Progress 72.3%
Operating profit63,456¥ millionProgress 72.9%
Ordinary income65,286¥ millionProgress 74.6%
Net income attributable to owners of the parent44,385¥ millionProgress 71.6%
The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
Net income per share¥111.08
Financial position at period-end
Total assets1,238,350¥ million
of which net assets 639,337 ¥ millionEquity ratio 50.5%vs. prior year-end +3.1pt
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Cash inflows and outflows
Operating+61,463
Investment-12,447
Financials-55,847
Net change-6,831
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period¥85,892 million
Segment revenueJapan business ¥217,365 million (YoY -0.8%), China and Travel Retail Business ¥268,483 million (YoY +11.9%), Asia-Pacific Business ¥58,167 million (YoY +10.8%), Americas Business ¥84,470 million (YoY +8.0%), European business ¥106,099 million (YoY +10.4%), Other ¥6,556 million (YoY -16.6%)
Segment profitJapan business ¥34,213 million (YoY +22.5%), China and Travel Retail Business ¥59,839 million (YoY +28.2%), Asia-Pacific Business ¥5,454 million (YoY +210.1%), Americas Business ¥5,636 million, European business ¥-56 million, Other ¥1 million
Regional sales¥217,365 million (YoY -0.8%), ¥268,483 million (YoY +11.9%), ¥58,167 million (YoY +10.8%), ¥84,470 million (YoY +8.0%), ¥106,099 million (YoY +10.4%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥1,025,000 million (YoY +5.7%)
Operating profit¥87,000 million
Ordinary income¥87,500 million
Net income¥62,000 million
Revision to Earnings ForecastNet Sales ¥990,000 million → ¥1,025,000 million（+3.5%） / Core operating profit ¥69,000 million → ¥87,000 million（+26.1%） / Operating profit ¥59,000 million → ¥87,000 million（+47.5%） / Pretax profit ¥60,000 million → ¥87,500 million（+45.8%） / Profit for the year attributable to owners of the parent ¥42,000 million → ¥62,000 million（+47.6%）
Annual Dividend Forecast¥40 → ¥60（+50.0%）
Factors Behind Changes in Business Performance
Weakening sales trends in Japan, Europe, the Americas and Asia-Pacific, foreign exchange translation effects from the weaker yen, company-wide cost management, one-off factors such as tariff refunds, improved profitability, and the acceleration of asset-light initiatives.
Disclosure regarding the going concern assumption
No applicable matters. The notes on going concern state, “Not applicable.”
Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNo material changes. The number and names of companies newly included in or excluded from consolidation are Not disclosed.
Impairment loss¥37 million
Breakdown of extraordinary income (loss)Description No extraordinary income or loss classification in the IFRS income statement / Operating Profit Adjustments Structural Reform Costs ¥-2,839 million, Impairment loss ¥-37 million, Reversal of impairment losses ¥7 million, Gain on sale of non-current assets ¥55 million, Other ¥-1,188 million
Depreciation and amortization¥54,186 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for investors, analysts and others)
Issued Shares at Period-End400,000,000 shares issued at period end
Treasury Shares at Period-End373,299 treasury shares at period end
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | IFRS |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026 to 30 September 2026 |
| Net Sales | ¥741,143 million (YoY +6.8%) |
| Operating profit | ¥63,456 million |
| Ordinary income | ¥65,286 million |
| Profit attributable to owners of the parent | ¥44,385 million |
| Net income per share | ¥111.08 |
| Equity ratio | End of the current fiscal period 50.5 / End of previous period 47.4 |
| Total assets | ¥1,238,350 million |
| Net assets | ¥639,337 million |
| Cash flows from operating activities | ¥61,463 million |
| Cash flows from investing activities | ¥-12,447 million |
| Cash flows from financing activities | ¥-55,847 million |
| Cash and cash equivalents at end of period | ¥85,892 million |
| Full-year earnings forecast | Net Sales ¥1,025,000 million (YoY +5.7%) / Operating profit ¥87,000 million / Ordinary income ¥87,500 million / Net income ¥62,000 million |
| Revision to Earnings Forecast | Net Sales ¥990,000 million → ¥1,025,000 million（+3.5%） / Core operating profit ¥69,000 million → ¥87,000 million（+26.1%） / Operating profit ¥59,000 million → ¥87,000 million（+47.5%） / Pretax profit ¥60,000 million → ¥87,500 million（+45.8%） / Profit for the year attributable to owners of the parent ¥42,000 million → ¥62,000 million（+47.6%） |
| Annual Dividend Forecast | ¥40 → ¥60（+50.0%） |
| Segment revenue | Japan business ¥217,365 million (YoY -0.8%), China and Travel Retail Business ¥268,483 million (YoY +11.9%), Asia-Pacific Business ¥58,167 million (YoY +10.8%), Americas Business ¥84,470 million (YoY +8.0%), European business ¥106,099 million (YoY +10.4%), Other ¥6,556 million (YoY -16.6%) |
| Segment profit | Japan business ¥34,213 million (YoY +22.5%), China and Travel Retail Business ¥59,839 million (YoY +28.2%), Asia-Pacific Business ¥5,454 million (YoY +210.1%), Americas Business ¥5,636 million, European business ¥-56 million, Other ¥1 million |
| Regional sales | ¥217,365 million (YoY -0.8%), ¥268,483 million (YoY +11.9%), ¥58,167 million (YoY +10.8%), ¥84,470 million (YoY +8.0%), ¥106,099 million (YoY +10.4%) |
| Depreciation and amortization | ¥54,186 million |
| Impairment loss | ¥37 million |
| Breakdown of extraordinary income (loss) | Description No extraordinary income or loss classification in the IFRS income statement / Operating Profit Adjustments Structural Reform Costs ¥-2,839 million, Impairment loss ¥-37 million, Reversal of impairment losses ¥7 million, Gain on sale of non-current assets ¥55 million, Other ¥-1,188 million |
| Disclosure regarding the going concern assumption | No applicable matters. The notes on going concern state, “Not applicable.” |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | No material changes. The number and names of companies newly included in or excluded from consolidation are Not disclosed. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for investors, analysts and others) |
| Issued Shares at Period-End | 400,000,000 shares issued at period end |
| Treasury Shares at Period-End | 373,299 treasury shares at period end |
| Factors Behind Changes in Business Performance | Weakening sales trends in Japan, Europe, the Americas and Asia-Pacific, foreign exchange translation effects from the weaker yen, company-wide cost management, one-off factors such as tariff refunds, improved profitability, and the acceleration of asset-light initiatives. |
Items this document does not state (5)
Operating MarginPayout ratioShareholder Return PolicyOrders received and order backlogMaterial subsequent events
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.Revenue is expected to fall below the previous forecast on an underlying basis because sales trends are weakening in Japan, Europe, the Americas and Asia-Pacific, but to exceed it overall due to the foreign exchange translation impact of the weaker yen. The company says that profit will benefit from company-wide cost management, one-off factors such as tariff refunds and foreign exchange fluctuations, improved profitability, and the acceleration of asset-light initiatives.
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.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.