Results for this period
Third quarter1 January 2026 to 30 September 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.
The decline in sales in the KOSÉ COSMEPORT business was offset by higher sales in Chinese duty-free channels in the Tarte and KOSÉ businesses. Operating profit increased in the KOSÉ business, but was affected by declines in the ALBION and KOSÉ COSMEPORT businesses. Net income attributable to owners of the parent declined because the company recorded ¥2,412 million in special retirement payments, despite recording a gain on the sale of fixed assets.
No applicable matters.
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026 to 30 September 2026 |
| Net Sales | ¥249,426 million (YoY +3.7%) |
| Operating profit | ¥12,758 million (YoY -6.0%) |
| Ordinary income | ¥14,145 million (YoY +4.4%) |
| Profit attributable to owners of the parent | ¥6,983 million (YoY -25.6%) |
| Net income per share | ¥122.82 |
| Equity ratio | End of the current fiscal period 70.4 / End of previous period 72.2 |
| Total assets | ¥398,373 million |
| Net assets | ¥300,510 million |
| Full-year earnings forecast | Net Sales ¥340,000 million (YoY +3.0%) / Operating profit ¥15,500 million (YoY -16.1%) / Ordinary income ¥18,300 million (YoY -14.7%) / Net income ¥10,500 million (YoY -30.5%) |
| Revision to Earnings Forecast | Net Sales ¥350,000 million → ¥340,000 million（-2.9%） / Operating profit ¥20,000 million → ¥15,500 million（-22.5%） / Ordinary income ¥21,000 million → ¥18,300 million（-12.9%） / Profit attributable to owners of the parent ¥12,100 million → ¥10,500 million（-13.2%） |
| Annual Dividend Forecast | ¥140 → ¥150 |
| Segment revenue | Cosmetics Business ¥201,106 million (YoY +5.9%), Cosmetary business ¥45,978 million (YoY -5.0%) |
| Segment profit | Cosmetics Business ¥14,008 million (YoY +19.9%), Cosmetary business ¥2,652 million (YoY -49.5%) |
| Regional sales | ¥152,354 million (YoY -3.0%), ¥37,904 million (YoY +26.8%), ¥51,184 million (YoY +8.0%), ¥7,982 million (YoY +29.2%) |
| Depreciation and amortization | ¥7,981 million |
| Impairment loss | ¥41 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥2,327 million, Gain on sale of investment securities ¥148 million / Extraordinary loss Loss on disposal of non-current assets ¥423 million, Impairment loss ¥41 million, Impairment losses on investment securities ¥1 million, Additional retirement benefits ¥2,412 million |
| Disclosure regarding the going concern assumption | 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 No |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person For institutional investors and analysts |
| Issued Shares at Period-End | 60,592,541 |
| Treasury Shares at Period-End | 3,844,262 |
| Factors Behind Changes in Business Performance | The decline in sales in the KOSÉ COSMEPORT business was offset by higher sales in Chinese duty-free channels in the Tarte and KOSÉ businesses. Operating profit increased in the KOSÉ business, but was affected by declines in the ALBION and KOSÉ COSMEPORT businesses. Net income attributable to owners of the parent declined because the company recorded ¥2,412 million in special retirement payments, despite recording a gain on the sale of fixed assets. |
Items this document does not state (9)
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 intensifying competition in Japan's mass market, with the mass brands in the KOSÉ business and the KOSÉ COSMEPORT business falling short of expectations, as well as a prolonged impact from reduced flights due to travel restrictions between Japan and China, resulting in weaker-than-expected domestic duty-free sales in the ALBION business, as reasons for revising its net sales forecast downward. The reasons given for operating profit included a decline in gross profit resulting from lower sales, as well as changes in the channel mix in the Tarte business.