Results for this period
First quarter1 January 2026–31 March 2026ConsolidatedJapanese GAAPThe 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.
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.
Although duty-free sales in China for the Tarte business and KOSE business grew, they could not offset declines in revenue from the Albion business and KOSE Cosmeport business. Operating profit was affected by lower profit from the Albion business, KOSE Cosmeport business and Tarte business, as well as higher expenses for large-scale promotions, in-store promotions and sales promotion for new products, and the higher cost ratio in the cosmetary business. The decline in operating profit was partially offset at the ordinary profit level by increased foreign exchange gains resulting from the weaker yen, while net income attributable to owners of the parent for the quarter declined due to the reversal of the gain on the sale of non-current assets recorded in the same period of the previous year.
None ("There are no applicable matters.")
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026–31 March 2026 |
| Net Sales | ¥78,265 million (YoY -0.9%) |
| Operating profit | ¥1,030 million (YoY -84.5%) |
| Ordinary income | ¥2,358 million (YoY -54.3%) |
| Profit attributable to owners of the parent | ¥426 million (YoY -91.9%) |
| Net income per share | ¥7.48 |
| Equity ratio | End of the current fiscal period 72.1% / End of previous period 72.2% |
| Total assets | ¥387,464 million |
| Net assets | ¥299,853 million |
| Full-year earnings forecast | Net Sales ¥350,000 million (YoY +6.0%) / Operating profit ¥20,000 million (YoY +8.3%) / Ordinary income ¥21,000 million (YoY -2.2%) / Net income ¥12,100 million (YoY -19.9%) |
| Annual Dividend Forecast | ¥140 → ¥150（+7.1%） |
| Segment revenue | Cosmetics Business ¥63,919 million (YoY +0.6%), Cosmetary business ¥13,652 million (YoY -7.8%) |
| Segment profit | Cosmetics Business ¥2,334 million (YoY -61.1%), Cosmetary business ¥-116 million |
| Regional sales | ¥48,159 million (YoY -7.0%), ¥11,368 million (YoY +16.4%), ¥16,665 million (YoY +8.4%), ¥2,072 million (YoY -0.8%) |
| Depreciation and amortization | ¥2,414 million |
| Impairment loss | ¥38 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥1 million, Gain on sale of investment securities ¥147 million / Extraordinary loss Losses on disposal of fixed assets ¥231 million, Impairment Losses ¥38 million |
| Disclosure regarding the going concern assumption | None ("There are no applicable matters.") |
| 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 | New 0 / Excluded 0 / Company name None |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for institutional investors and analysts) |
| Issued Shares at Period-End | 60,592,541 Shares |
| Treasury Shares at Period-End | 3,697,057 Shares |
| Factors Behind Changes in Business Performance | Although duty-free sales in China for the Tarte business and KOSE business grew, they could not offset declines in revenue from the Albion business and KOSE Cosmeport business. Operating profit was affected by lower profit from the Albion business, KOSE Cosmeport business and Tarte business, as well as higher expenses for large-scale promotions, in-store promotions and sales promotion for new products, and the higher cost ratio in the cosmetary business. The decline in operating profit was partially offset at the ordinary profit level by increased foreign exchange gains resulting from the weaker yen, while net income attributable to owners of the parent for the quarter declined due to the reversal of the gain on the sale of non-current assets recorded in the same period of the previous year. |
Items this document does not state (10)
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.Growth in duty-free sales in China and elsewhere was insufficient to offset declines in revenue from the Albion business and KOSE Cosmeport business, while lower profit from the Albion business, KOSE Cosmeport business and Tarte business pushed down operating profit. In addition, profits were pressured by a large-scale promotion commemorating the company's 70th anniversary, in-store promotions and dedicated fixtures for the Tarte business, sales promotion expenses for new products, and a higher cost ratio in the cosmetary business. Net income was also affected by the reversal of a gain on the sale of non-current assets recorded in the same period of the previous year.