Worth reading
50Recurring
Scored from 5 of 6 sectionsDirection
Deterioration
Direction inferred from the company’s description.Scale
-820
Million yen (difference between the revised full-year operating income (loss) forecast and the previous forecast)Wording
Conditional
How definitive the wording is.Contents of this document
Presentation materials for financial resultsCumulative third quarter of the fiscal year ending July 20263 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥9,886 million-1.9%
Operating profit¥-48 million
Ordinary income¥132 million-61.3%
Net income¥30 million-85.7%
Selling, general and administrative expenses¥7,352 million
Gross Profit MarginCost of sales ratio: 26.1%. Down 0.7 percentage points from 26.8% in the same period of the previous year (the materials report the cost of sales ratio rather than the gross profit margin)
Operating profit margin-0.5%. Down 4.7 percentage points year on year
Full-year earnings forecast
Net Sales
¥13,500 million
Operating profit (loss)
¥-250 million
Operating profit margin
-1.9 %
Ordinary profit or loss
¥-34 million
Net income (loss) for the current fiscal year
¥-105 million
What the company explained in this material
New initiatives
- Appointed Takahashi Hikaru (髙橋ひかる) as brand ambassador for <Lis Blanc>
- Added 2 skincare items to <Lis Blanc>
- Launched the Radiance Eye Sheet under <Age Theory>
- Launch of a collaboration project with a well-known creator in August 2026
- Collaboration initiative with a leading KOL in Malaysia
Key KPIsA metric the company considers important as a management benchmark.
- China e-commerce revenue¥6,401 millionYear on year against the same period last year-0.2%
- Third Market revenue¥282 millionYear on year against the same period last year+16.7%
- Revenue from development areas¥1,278 millionYear on year against the same period last year+13.3%
- Southeast Asia revenue+213.8% year on yearYear on year against the same period last year+213.8%
- GMV from Malaysia KOL initiatives1.3 Hundreds of millions of yen
Financial targets
Reported an equity ratio of 78.7%. Target: Not disclosed| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | Cumulative third quarter of the fiscal year ending July 2026 |
| Net Sales | ¥9,886 million (YoY -1.9%) |
| Operating profit | ¥-48 million |
| Ordinary income | ¥132 million (YoY -61.3%) |
| Net income | ¥30 million (YoY -85.7%) |
| Gross Profit Margin | Cost of sales ratio: 26.1%. Down 0.7 percentage points from 26.8% in the same period of the previous year (the materials report the cost of sales ratio rather than the gross profit margin) |
| Operating profit margin | -0.5%. Down 4.7 percentage points year on year |
| Selling, general and administrative expenses | ¥7,352 million |
| Full-year earnings forecast | Net Sales ¥13,500 million / Operating profit (loss) ¥-250 million / Operating profit margin -1.9 % / Ordinary profit or loss ¥-34 million / Net income (loss) for the current fiscal year ¥-105 million |
| Key KPIs | Indicator name China e-commerce revenue / Value ¥6,401 million / Year on year against the same period last year ¥-0.2 million, Indicator name Third Market revenue / Value ¥282 million / Year on year against the same period last year ¥16.7 million, Indicator name Revenue from development areas / Value ¥1,278 million / Year on year against the same period last year ¥13.3 million, Indicator name Southeast Asia revenue / Value +213.8% year on year / Year on year against the same period last year 213.8 %, Indicator name GMV from Malaysia KOL initiatives / Value 1.3 Hundreds of millions of yen / Year on year against the same period last year Not disclosed |
| Financial targets | Reported an equity ratio of 78.7%. Target: Not disclosed |
| New initiatives | Appointed Takahashi Hikaru (髙橋ひかる) as brand ambassador for <Lis Blanc>, Added 2 skincare items to <Lis Blanc>, Launched the Radiance Eye Sheet under <Age Theory>, Launch of a collaboration project with a well-known creator in August 2026, Collaboration initiative with a leading KOL in Malaysia |
Items this document does not state (18)
Results for the three months of the current quarterProgress against full-year forecastSelf-assessment against the planSegment resultsBreakdown of Factors Affecting the ChangeUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / ShareKey points of the Q&A
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 from China e-commerce has remained below the previous forecast due to the impact of tensions in Japan-China relations and other factors, and the recovery is now expected to fall short of making up the shortfall against the previous forecast. Operating profit was affected not only by the decline in China e-commerce revenue but also by increases in related advertising expenses and payment fees. For the nine months ended April 2026, the increase in selling, general and administrative expenses was attributed to higher staffing in priority areas, continued advertising investment, and deteriorating advertising efficiency in China.
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.