Komori
Revisions to earnings forecasts7524MARCHE CORPORATIONRetail

Notice regarding the variance between the earnings forecast and actual results for the second quarter (interim period) of the fiscal year ending March 2027 and the revision of the full-year earnings forecast

For the interim period of the fiscal year ending March 2027, revenue and profit were below the previous forecasts. The full-year forecasts were also revised downward in light of the decision to defer new store openings and close certain stores, and net income is now expected to be a loss due to the anticipated recognition of impairment losses.

Worth reading
77Important
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-83.2
% (change in full-year operating income)
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Second quarter (interim period) and full yearPrevious forecast published 15 May 2026
Net SalesInterim period2,500→2,237Millions of yen
-10.5%
Net SalesFull year5,000→4,407Millions of yen
-11.9%
Operating profitInterim period14→-37Millions of yen
-364.3%
Operating profitFull year107→18Millions of yen
-83.2%
Ordinary incomeInterim period12→-40Millions of yen
-433.3%
Ordinary incomeFull year103→24Millions of yen
-76.7%
Profit attributable to owners of the parentInterim period10→-67Millions of yen
-770.0%
Profit attributable to owners of the parentFull year60→-91Millions of yen
-251.7%
Net income per shareInterim period-0.12→-6.04Yen/sen
-4,933.3%
Net income per shareFull year2.53→-7.84Yen/sen
-409.9%

The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.

Reason for the revision

Because revenue from existing stores fell below the initial plan, the company prioritized restoring the profitability of existing stores and deferred the new store openings originally planned. As a result, revenue fell below plan, as did operating profit and ordinary profit. The full-year forecasts were revised downward to reflect the impact on revenue from deferring new store openings and closing certain stores. In the second half, the company aims to secure positive operating profit and ordinary profit through reviews of its menu and pricing policies and continued expense reductions. Net income is expected to be a loss because impairment losses are expected to be recognized at the end of the fiscal year based on store profitability and other factors.

Details and amount of extraordinary loss

Impairment losses are expected to be recognized at the end of the fiscal year. Amount: Not disclosed.

Previous-period resultsInterim period (second quarter of the fiscal year ending March 2026): revenue of ¥2,398 million, operating loss of ¥3 million, ordinary loss of ¥8 million, interim net loss of ¥6 million, and interim loss per share of ¥2.02. Full year (fiscal year ending March 2026): revenue of ¥4,767 million, operating loss of ¥29 million, ordinary loss of ¥33 million, net loss of ¥45 million, and loss per share of ¥7.13.
Revised forecast
ItemDetails
Net SalesInterim period 2,500 / Full year 5,000 → Interim period 2,237 / Full year 4,407(Interim period -10.5 / Full year -11.9)
Operating profitInterim period 14 / Full year 107 → Interim period -37 / Full year 18(Interim period Not disclosed / Full year -83.2)
Ordinary incomeInterim period 12 / Full year 103 → Interim period -40 / Full year 24(Interim period Not disclosed / Full year -76.7)
Profit attributable to owners of the parentInterim period 10 / Full year 60 → Interim period -67 / Full year -91
Net income per shareInterim period -0.12 / Full year 2.53 → Interim period -6.04 / Full year -7.84
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredSecond quarter (interim period) and full year
Publication date of previous forecast15 May 2026
Previous-period resultsInterim period (second quarter of the fiscal year ending March 2026): revenue of ¥2,398 million, operating loss of ¥3 million, ordinary loss of ¥8 million, interim net loss of ¥6 million, and interim loss per share of ¥2.02. Full year (fiscal year ending March 2026): revenue of ¥4,767 million, operating loss of ¥29 million, ordinary loss of ¥33 million, net loss of ¥45 million, and loss per share of ¥7.13.
Reason for the revisionBecause revenue from existing stores fell below the initial plan, the company prioritized restoring the profitability of existing stores and deferred the new store openings originally planned. As a result, revenue fell below plan, as did operating profit and ordinary profit. The full-year forecasts were revised downward to reflect the impact on revenue from deferring new store openings and closing certain stores. In the second half, the company aims to secure positive operating profit and ordinary profit through reviews of its menu and pricing policies and continued expense reductions. Net income is expected to be a loss because impairment losses are expected to be recognized at the end of the fiscal year based on store profitability and other factors.
Details and amount of extraordinary lossImpairment losses are expected to be recognized at the end of the fiscal year. Amount: Not disclosed.
Items this document does not state (2)
Dividend forecast revisionConsolidated / non-consolidated

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 existing stores fell below the initial plan. The company prioritized rebuilding existing stores and deferred new store openings, resulting in a revenue shortfall and lower profit. The full-year forecasts were revised downward due to the effects of deferring new store openings and closing certain stores, as well as the expected recognition of impairment losses at the end of the fiscal year.

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