Revised forecast
Fiscal year ending February 2027 · Full yearPrevious forecast published 13 April 2026The 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.
The first-half shortfall in operating profit was reflected in the full-year forecast, along with higher growth investment costs in the second half, including large-format store opening preparation expenses, capital investment-related costs, personnel expenses and advertising expenses. Meanwhile, the revenue forecast was revised upward following the expansion of the new large-format store opening plan from 10 to 13 stores and the expected increase in wholesale unit sales.
| Item | Details |
|---|---|
| Net Sales | ¥629,000 million → ¥655,000 million（+4.1%） |
| Operating profit | ¥24,000 million → ¥18,501 million（-22.9%） |
| Ordinary income | ¥22,400 million → ¥16,422 million（-26.7%） |
| Profit attributable to owners of the parent | ¥14,200 million → ¥10,501 million（-26.0%） |
| Net income per share | 141.42 yen and sen → 104.58 yen and sen |
| Fiscal Period Covered | Fiscal year ending February 2027 |
| Period Covered | Full year |
| Publication date of previous forecast | 13 April 2026 |
| Previous-period results | Revenue: ¥559,250 million; operating profit: ¥19,715 million; ordinary profit: ¥18,113 million; net profit attributable to owners of the parent: ¥11,571 million; earnings per share: ¥115.25 (fiscal year ending February 2026) |
| Reason for the revision | The first-half shortfall in operating profit was reflected in the full-year forecast, along with higher growth investment costs in the second half, including large-format store opening preparation expenses, capital investment-related costs, personnel expenses and advertising expenses. Meanwhile, the revenue forecast was revised upward following the expansion of the new large-format store opening plan from 10 to 13 stores and the expected increase in wholesale unit sales. |
| Consolidated / non-consolidated | Consolidated / non-consolidated (standalone) |
Items this document does not state (2)
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.During the interim period, the training period required before mid-career hires became fully productive, the decline in used-car auction market prices and disposal of stagnant inventory, and higher selling, general and administrative expenses resulting from hiring ahead of demand, improved employee compensation and investment in CRM development were factors behind the shortfall in profit. For the full year, the revenue forecast was raised to reflect the expanded plan for new large-format store openings and an increase in wholesale unit sales, while the profit forecasts were lowered to incorporate the first-half shortfall in operating profit and higher growth investment costs, including store opening preparation expenses, capital investment, personnel expenses and advertising expenses.