Worth reading
53Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
30
¥100 million (amount of upward revenue revision)Wording
Conditional
How definitive the wording is.Contents of this document
Summary of Q&ASecond quarter of the fiscal year ending December 20267 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Operating profitFirst-half actual: approximately ¥2 billion; full-year outlook: ¥0–1.5 billion
Full-year earnings forecastOnly the upward revision amounts for revenue, EBITDA and operating profit were disclosed; the forecast figures themselves: Not disclosed
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Revenue and profit growth exceeded expectationsKey points of the Q&AKey questions raised by investors at the briefing and the company's answers
- Issues Assessment of second-quarter results / Answer Double-digit year-on-year growth in all categories, resulting in higher revenue and profit companywide than expected. Full-year forecasts revised upward.
- Issues Growth drivers for the skincare and other category / Answer Growth of the health food brands Teaflex, Befas and Collatein. These three brands generated approximately ¥2.3 billion in sales in the first half.
- Issues Reasons for the low full-year operating profit outlook and the possibility of further revisions / Answer Higher raw material costs, foreign exchange effects and additional investment will pressure profits in the second half. Any change to the outlook will be disclosed as appropriate.
- Issues Progress and policy regarding additional investment / Answer Of the approximately ¥3–4 billion in additional strategic investment planned for the current fiscal year, approximately ¥1.4 billion was spent in the first half on advertising, sales promotion and related expenses. Investment will continue in the second half.
- Issues Progress on measures to prevent recurrence / Answer The company is advancing system design and will begin implementing measures as they become ready. It aims to complete the system design during the third quarter and begin full-scale operations during the fourth quarter.
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Impact of higher raw material costs related to the Strait of HormuzApproximately ¥500–600 million
- Foreign Exchange EffectsApproximately ¥300 million
- Additional investmentApproximately ¥2.8 billion
- Additional investment—hair careApproximately ¥300 million
- Additional investment—beauty devicesApproximately ¥500 million
- Additional investment—skincare and otherApproximately ¥2 billion
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
- Impact of higher raw material costs related to the Strait of HormuzApproximately ¥500–600 million
- Foreign Exchange EffectsApproximately ¥300 million
- Additional investmentApproximately ¥2.8 billion
New initiatives
- Additional strategic investment of approximately ¥3–4 billion
- Continue investing in each category in the second half
- System design and implementation of measures to prevent recurrence
Segment results
Double-digit year-on-year growth in all categories. First-half sales of the health food brands Teaflex, Befas and Collatein were approximately ¥2.3 billion.Risk amount incorporated into the outlookThe amount representing the range of variation the company expects in its forecast.
Approximately ¥500–600 million from higher raw material costs related to the Strait of Hormuz, approximately ¥300 million from foreign exchange effects, and approximately ¥2.8 billion in additional investment| Item | Details |
|---|---|
| Document type | Summary of Q&A |
| Fiscal Period Covered | Second quarter of the fiscal year ending December 2026 |
| Operating profit | First-half actual: approximately ¥2 billion; full-year outlook: ¥0–1.5 billion |
| Full-year earnings forecast | Only the upward revision amounts for revenue, EBITDA and operating profit were disclosed; the forecast figures themselves: Not disclosed |
| Self-assessment against the plan | Revenue and profit growth exceeded expectations |
| Segment results | Double-digit year-on-year growth in all categories. First-half sales of the health food brands Teaflex, Befas and Collatein were approximately ¥2.3 billion. |
| Breakdown of Factors Affecting the Change | Factors Impact of higher raw material costs related to the Strait of Hormuz / Amount Approximately ¥500–600 million, Factors Foreign Exchange Effects / Amount Approximately ¥300 million, Factors Additional investment / Amount Approximately ¥2.8 billion, Factors Additional investment—hair care / Amount Approximately ¥300 million, Factors Additional investment—beauty devices / Amount Approximately ¥500 million, Factors Additional investment—skincare and other / Amount Approximately ¥2 billion |
| Assumptions Underlying the Business Outlook | Item Impact of higher raw material costs related to the Strait of Hormuz / Amount Approximately ¥500–600 million, Item Foreign Exchange Effects / Amount Approximately ¥300 million, Item Additional investment / Amount Approximately ¥2.8 billion |
| Risk amount incorporated into the outlook | Approximately ¥500–600 million from higher raw material costs related to the Strait of Hormuz, approximately ¥300 million from foreign exchange effects, and approximately ¥2.8 billion in additional investment |
| Key points of the Q&A | Issues Assessment of second-quarter results / Answer Double-digit year-on-year growth in all categories, resulting in higher revenue and profit companywide than expected. Full-year forecasts revised upward., Issues Growth drivers for the skincare and other category / Answer Growth of the health food brands Teaflex, Befas and Collatein. These three brands generated approximately ¥2.3 billion in sales in the first half., Issues Reasons for the low full-year operating profit outlook and the possibility of further revisions / Answer Higher raw material costs, foreign exchange effects and additional investment will pressure profits in the second half. Any change to the outlook will be disclosed as appropriate., Issues Progress and policy regarding additional investment / Answer Of the approximately ¥3–4 billion in additional strategic investment planned for the current fiscal year, approximately ¥1.4 billion was spent in the first half on advertising, sales promotion and related expenses. Investment will continue in the second half., Issues Progress on measures to prevent recurrence / Answer The company is advancing system design and will begin implementing measures as they become ready. It aims to complete the system design during the third quarter and begin full-scale operations during the fourth quarter. |
| New initiatives | Additional strategic investment of approximately ¥3–4 billion, Continue investing in each category in the second half, System design and implementation of measures to prevent recurrence |
Items this document does not state (20)
Net SalesOrdinary incomeNet incomeGross Profit MarginOperating profit marginSelling, general and administrative expensesResults for the three months of the current quarterProgress against full-year forecastKey KPIsUnit price and quantity metricsNumber of stores and locationsNumber of employeesMedium-term management plan targetsFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / Share
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 main drivers of the strong results were growth in the health food brands launched in 2025, the success of SALONIA’s Face Current Pointer, and higher sales of the health food brands Teaflex, Befas and Collatein. Meanwhile, the company explained that higher raw material costs related to the Strait of Hormuz, foreign exchange effects and additional investment will pressure profits in the second half.
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.