Worth reading
70In focus
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
-53
¥ million (year-on-year change in operating profit)Wording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationFiscal year ending March 20269 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥11,541 million-0.5%
Operating profit¥69 million-43.7%
Ordinary income¥75 million-50.1%
Net income¥1 million-97.9%
Gross Profit Margin71.5 %
Operating profit margin0.6 %
Selling, general and administrative expenses¥8,178 million
Full-year earnings forecast
Net Sales
¥12,100 million
Operating profit
¥160 million
Ordinary income
¥160 million
Net income for the current fiscal year
¥14 million
Earnings per share
¥2.98
Dividend per share
¥25
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Revenue¥-53 million
- Cost of sales¥-15 million
- Occupancy and property expenses¥-38 million
- Personnel expenses¥5 million
- Other expenses¥-5 million
New initiatives
- Integration of IDs and standardization of points between directly operated stores and e-commerce
- Strategic investment in e-commerce, centered on the Amazon marketplace
- Full-scale rollout of the Mama Butter business
- Renewal of the Milcure brand as “milcure me”
- Launch of limited-edition Hello Kitty products from Oh!Baby and milcure me
- Scheduled renovation of 8 Curves stores and planned opening of 1 new store
Key KPIsA metric the company considers important as a management benchmark.
- Digital members47.4 10,000 people
- Members of the Company's e-commerce siteYear on year against the same period last year+14.0%
- Curves members10,490 peopleYear on year against the same period last year+770.0%
- Total loyal customers160.9 thousand customers
- Online reservations at existing storesYear on year against the same period last year+1.7%
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Customer count at directly operated stores
1,363 thousand customers
Year on year against the same period last year-40.0%
Average transaction value at directly operated stores
¥5,390
Year-on-year change60
Customer count at existing relaxation salons
49.3 thousand customers
Year on year against the same period last year+1.0%
Segment results
Directly operated store merchandise sales business
Net Sales
¥8,957 million-0.5%
Operating profit
¥-123 million
Wholesale business
Net Sales
¥1,376 million-1.4%
Operating profit
¥23 million-66.6%
Directly operated store services business
Net Sales
¥1,208 million+1.0%
Operating profit
¥169 million+0.2%
Medium-term management plan targets
Three-year medium-term management plan beginning in the fiscal year ending March 2026
Number of stores and locations
Company-operated stores
End of period169 stores
Store openings during the period4 stores
Store closures during the period13 stores
Relaxation salons
End of period9 stores
Store openings during the period0 stores
Store closures during the period0 stores
Curves
End of period21 stores
Number of employees
Number of Employees965 People
Change during the periodDecrease in headcount, mainly at headquarters
Annual Dividend
Annual dividend per share¥25
| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Net Sales | ¥11,541 million (YoY -0.5%) |
| Operating profit | ¥69 million (YoY -43.7%) |
| Ordinary income | ¥75 million (YoY -50.1%) |
| Net income | ¥1 million (YoY -97.9%) |
| Gross Profit Margin | 71.5 % |
| Operating profit margin | 0.6 % |
| Selling, general and administrative expenses | ¥8,178 million |
| Full-year earnings forecast | Net Sales ¥12,100 million / Operating profit ¥160 million / Ordinary income ¥160 million / Net income for the current fiscal year ¥14 million / Earnings per share ¥2.98 / Dividend per share ¥25 |
| Segment results | Directly operated store merchandise sales business Net Sales ¥8,957 million (YoY -0.5%) / Operating profit ¥-123 million / Wholesale business Net Sales ¥1,376 million (YoY -1.4%) / Operating profit ¥23 million (YoY -66.6%) / Directly operated store services business Net Sales ¥1,208 million (YoY +1.0%) / Operating profit ¥169 million (YoY +0.2%) |
| Breakdown of Factors Affecting the Change | Factors Revenue / Amount ¥-53 million, Factors Cost of sales / Amount ¥-15 million, Factors Occupancy and property expenses / Amount ¥-38 million, Factors Personnel expenses / Amount ¥5 million, Factors Other expenses / Amount ¥-5 million |
| Key KPIs | Indicator name Digital members / Value 47.4 10,000 people / Year on year against the same period last year Not disclosed, Indicator name Members of the Company's e-commerce site / Value Not disclosed / Year on year against the same period last year 14, Indicator name Curves members / Value 10,490 people / Year on year against the same period last year 770 people, Indicator name Total loyal customers / Value 160.9 thousand customers / Year on year against the same period last year Not disclosed, Indicator name Online reservations at existing stores / Value Not disclosed / Year on year against the same period last year 1.7 |
| Unit price and quantity metrics | Customer count at directly operated stores Value 1,363 thousand customers / Year on year against the same period last year -40 thousand customers / Average transaction value at directly operated stores Value ¥5,390 / Year-on-year change ¥60 / Customer count at existing relaxation salons Value 49.3 thousand customers / Year on year against the same period last year 1 thousand customers |
| Number of stores and locations | Company-operated stores End of period 169 stores / Store openings during the period 4 stores / Store closures during the period 13 stores / Relaxation salons End of period 9 stores / Store openings during the period 0 stores / Store closures during the period 0 stores / Curves End of period 21 stores / Store openings during the period Not disclosed / Store closures during the period Not disclosed |
| Number of employees | Number of Employees 965 People / Change during the period Decrease in headcount, mainly at headquarters |
| Medium-term management plan targets | Subject Three-year medium-term management plan beginning in the fiscal year ending March 2026 / Target value Not disclosed / Target fiscal year Not disclosed |
| Annual Dividend | Annual dividend per share ¥25 / Interim Not disclosed / End of period Not disclosed |
| New initiatives | Integration of IDs and standardization of points between directly operated stores and e-commerce, Strategic investment in e-commerce, centered on the Amazon marketplace, Full-scale rollout of the Mama Butter business, Renewal of the Milcure brand as “milcure me”, Launch of limited-edition Hello Kitty products from Oh!Baby and milcure me, Scheduled renovation of 8 Curves stores and planned opening of 1 new store |
Items this document does not state (12)
Results for the three months of the current quarterProgress against full-year forecastSelf-assessment against the planAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial targetsPayout 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.The Company explained that revenue was affected by store closures resulting from the restructuring of directly operated stores and an increase in wholesale revenue following the acquisition of the Mama Butter business, while production delays for existing Mama Butter products and a decline in domestic wholesale revenue from special sales channels had a negative impact. Factors affecting operating profit included higher personnel expenses due to wage increases, initial costs associated with the acquisition of the Mama Butter business, and increases in store closure costs and depreciation.
How to read this page
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.