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Results7460YAGI & CO.,LTD.Trading & Wholesale

Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

In the interim period of the fiscal year ending March 2027, revenue increased 3.7% year on year, while operating profit declined 44.2% and interim net income attributable to owners of the parent declined 35.2%. The full-year consolidated earnings forecast remains unchanged from the previous forecast.

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Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales41,016¥ millionYear on year +3.7%
Operating profit770¥ millionYear on year -44.2%
Ordinary income1,301¥ millionYear on year -24.1%
Net income attributable to owners of the parent1,085¥ millionYear on year -35.2%

The 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.

Financial position at period-end
Total assets85,337¥ million
of which net assets 48,400 ¥ million

The shaded area represents net assets as a proportion of total assets. It is calculated from the two amounts reported by the company.

Cash inflows and outflows
Operating-2,956
Investment-446
Financials-1,136
Net change-4,538

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.

Cash and cash equivalents at end of period¥5,026 million
Segment revenue
Brand Segment3,3617.9%+29.3%
Retail Segment5641.3%+23.9%
Materials Segment16,80739.6%+12.9%
Apparel Segment21,73251.2%-5.2%
Segment profit
Brand Segment-775
Retail Segment514+141.4%
Materials Segment686+0.1%
Apparel Segment1,551-30.0%
Outlook and shareholder returns
Revision to Earnings ForecastNo change
Factors Behind Changes in Business Performance

Profit was pressured by upfront investment costs in the brand business, a higher cost ratio and lower orders in the apparel business, and increases in the cost of the weaker yen, raw materials, energy and logistics. These factors were offset by high real estate occupancy and appropriate rents in the retail business, as well as the effect of higher revenue and improved production efficiency in the materials business.

Disclosure regarding the going concern assumption

Not applicable

Change in accounting policy
基準改正に伴う変更 Not disclosedそれ以外の変更 None見積りの変更 None修正再表示 Not disclosed
Material subsequent eventsBetween 1 October 2026 and 31 October 2026, the company acquired 81,900 treasury shares for ¥139,343,400. The disclosure also sets out the Board of Directors' resolution on the acquisition of treasury shares and the acquisition limit.
Impairment lossNot applicable (impairment losses on fixed assets by reporting segment)
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities ¥107 million, Gain from exemption of cancellation penalties ¥48 million / Extraordinary loss Not disclosed
Depreciation and amortization¥292 million
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 September 2026
Net Sales¥41,016 million (YoY +3.7%)
Operating profit¥770 million (YoY -44.2%)
Ordinary income¥1,301 million (YoY -24.1%)
Profit attributable to owners of the parent¥1,085 million (YoY -35.2%)
Total assets¥85,337 million
Net assets¥48,400 million
Cash flows from operating activities¥-2,956 million
Cash flows from investing activities¥-446 million
Cash flows from financing activities¥-1,136 million
Cash and cash equivalents at end of period¥5,026 million
Revision to Earnings ForecastNo change
Segment revenueBrand Segment ¥3,361 million (YoY +29.3%) / Retail Segment ¥564 million (YoY +23.9%) / Materials Segment ¥16,807 million (YoY +12.9%) / Apparel Segment ¥21,732 million (YoY -5.2%)
Segment profitBrand Segment ¥-775 million / Retail Segment ¥514 million (YoY +141.4%) / Materials Segment ¥686 million (YoY +0.1%) / Apparel Segment ¥1,551 million (YoY -30.0%)
Depreciation and amortization¥292 million
Impairment lossNot applicable (impairment losses on fixed assets by reporting segment)
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities ¥107 million, Gain from exemption of cancellation penalties ¥48 million / Extraordinary loss Not disclosed
Disclosure regarding the going concern assumptionNot applicable
Change in accounting policyChanges due to revisions to standards Not disclosed / Other changes None / Change in accounting estimate None / Restatement Not disclosed
Material subsequent eventsBetween 1 October 2026 and 31 October 2026, the company acquired 81,900 treasury shares for ¥139,343,400. The disclosure also sets out the Board of Directors' resolution on the acquisition of treasury shares and the acquisition limit.
Factors Behind Changes in Business PerformanceProfit was pressured by upfront investment costs in the brand business, a higher cost ratio and lower orders in the apparel business, and increases in the cost of the weaker yen, raw materials, energy and logistics. These factors were offset by high real estate occupancy and appropriate rents in the retail business, as well as the effect of higher revenue and improved production efficiency in the materials business.
Items this document does not state (14)
Net income per shareOperating MarginEquity ratioFull-year earnings forecastAnnual Dividend ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogChanges in the scope of consolidationAvailability of Supplementary Financial Results MaterialsAvailability of Financial Results BriefingIssued Shares at Period-EndTreasury Shares at Period-End

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 brand business saw an increase in upfront investment costs, including advertising expenses and land and rent expenses and personnel expenses associated with new store openings. In the apparel business, the weaker yen, soaring purchase costs, a higher cost ratio, and lower orders through certain sales channels reduced profit. In the materials business, raw yarn and raw material prices and energy and logistics costs increased, but the business maintained its profit level through the effect of higher revenue and improved production efficiency.

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Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | YAGI & CO.,LTD. (7460) timely disclosure | Komori