Results for this period
Full year1 April 2025–31 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.
Stacked from zero: upward is an increase in cash, downward a decrease (in Millions of yen).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
In mail-order sales, revenue from the basic segment declined due to a decrease in the number of new customers acquired. In store sales, the number of directly operated stores declined as unprofitable stores were consolidated and closed, while wholesale sales to department stores remained firm as inbound demand recovered. In other wholesale operations, overseas shipments increased as sales efficiency improved following the consolidation of Chinese distributors. Profit benefited from reforms to the earnings structure, including optimization of the store network, improved inventory management and a review of selling, general and administrative expenses.
No applicable matters
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | 12,141 Millions of yen (YoY +0.7%) |
| Operating profit | 727 Millions of yen (YoY +23.4%) |
| Ordinary income | 708 Millions of yen (YoY +16.3%) |
| Profit attributable to owners of the parent | 760 Millions of yen (YoY +31.9%) |
| Net income per share | ¥201.07 |
| Operating Margin | 6.0% |
| Equity ratio | End of the current fiscal period 76.2% / End of previous period 72.3% |
| Total assets | 12,519 Millions of yen |
| Net assets | 9,536 Millions of yen |
| Cash flows from operating activities | 1,237 Millions of yen |
| Cash flows from investing activities | 484 Millions of yen |
| Cash flows from financing activities | -780 Millions of yen |
| Cash and cash equivalents at end of period | 5,684 Millions of yen |
| Full-year earnings forecast | Net Sales 12,800 Millions of yen (YoY +5.4%) / Operating profit 610 Millions of yen (YoY -16.1%) / Ordinary income 600 Millions of yen (YoY -15.3%) / Net income 470 Millions of yen (YoY -38.2%) |
| Annual Dividend Forecast | ¥40 → ¥40（0.0%） |
| Payout ratio | 19.9% for the fiscal year ended March 2026; 32.2% forecast for the fiscal year ending March 2027 |
| Shareholder Return Policy | The company will pay stable dividends while securing retained earnings necessary for proactive future business development and strengthening its management base. |
| Depreciation and amortization | ¥186,175 thousand |
| Impairment loss | None recorded for the fiscal year (no impairment losses applicable to any reportable segment) |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥131,687 thousand, Gain on withdrawal from golf club memberships ¥10,976 thousand / Extraordinary loss Loss on sale of fixed assets ¥0 thousand, Loss on Disposal of Fixed Assets ¥819 thousand |
| 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 | Added: 0 companies; excluded: 0 companies |
| Material subsequent events | Effective 1 April 2026, the company absorbed its wholly owned consolidated subsidiary, ハーバーコスメティクス株式会社, through a merger. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | None (no applicable participants) |
| Issued Shares at Period-End | 3,935,000 |
| Treasury Shares at Period-End | 153,520 |
| Factors Behind Changes in Business Performance | In mail-order sales, revenue from the basic segment declined due to a decrease in the number of new customers acquired. In store sales, the number of directly operated stores declined as unprofitable stores were consolidated and closed, while wholesale sales to department stores remained firm as inbound demand recovered. In other wholesale operations, overseas shipments increased as sales efficiency improved following the consolidation of Chinese distributors. Profit benefited from reforms to the earnings structure, including optimization of the store network, improved inventory management and a review of selling, general and administrative expenses. |
Items this document does not state (5)
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 explained that profit improved as a result of advancing reforms to its earnings structure, including optimizing its store network, improving inventory management and reviewing selling, general and administrative expenses.