Worth reading
26Immaterial
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
—
Displayed only when the document provides numerical figures.Wording
Avoiding a definitive answer
How definitive the wording is.Contents of this document
Summary of Q&AFirst quarter of the fiscal year ending January 20275 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Progress against full-year forecast 通期の予想に対して、いまどこまで進んだかの割合です。Described only as being at a low level; numerical data Not disclosed
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Broadly in line with the plan / broadly progressing as plannedKey points of the Q&AKey questions raised by investors at the briefing and the company's answers
- The first quarter's lower revenue and profit and the assessment against the initial plan
- The investment effects of TV commercials for sneaker products
- Factors driving profit growth in the second half
- Details of the review of promotional methods
- Background to the launch of stores under new brand names
- Policy on continuing shareholder benefits
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Review of promotional initiativesDetailsDecrease in revenue
- TV commercialsDetailsExpenses recorded
- Wage increasesDetailsIncrease in personnel expenses
- Surging energy pricesDetailsIncrease in logistics and other costs
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
A tendency for profit to be weighted toward the second half, growth in sales of seasonal products, and the realization of benefits from upfront investments. Numerical data Not disclosedNew initiatives
- TV commercials for sneaker products
- Promotional initiatives aimed at raising awareness of and strengthening sales of sneaker products
- Rollout of new stores under a brand name targeting families and offering children's products and men's sizes
- Omnichannel strategy integrating physical stores and online channels
| Item | Details |
|---|---|
| Document type | Summary of Q&A |
| Fiscal Period Covered | First quarter of the fiscal year ending January 2027 |
| Progress against full-year forecast | Described only as being at a low level; numerical data Not disclosed |
| Self-assessment against the plan | Broadly in line with the plan / broadly progressing as planned |
| Breakdown of Factors Affecting the Change | Factors Review of promotional initiatives / Details Decrease in revenue, Factors TV commercials / Details Expenses recorded, Factors Wage increases / Details Increase in personnel expenses, Factors Surging energy prices / Details Increase in logistics and other costs |
| Assumptions Underlying the Business Outlook | A tendency for profit to be weighted toward the second half, growth in sales of seasonal products, and the realization of benefits from upfront investments. Numerical data Not disclosed |
| Key points of the Q&A | The first quarter's lower revenue and profit and the assessment against the initial plan, The investment effects of TV commercials for sneaker products, Factors driving profit growth in the second half, Details of the review of promotional methods, Background to the launch of stores under new brand names, Policy on continuing shareholder benefits |
| New initiatives | TV commercials for sneaker products, Promotional initiatives aimed at raising awareness of and strengthening sales of sneaker products, Rollout of new stores under a brand name targeting families and offering children's products and men's sizes, Omnichannel strategy integrating physical stores and online channels |
Items this document does not state (23)
Net SalesOperating profitOrdinary incomeNet incomeGross Profit MarginOperating profit marginSelling, general and administrative expensesResults for the three months of the current quarterFull-year earnings forecastSegment resultsKey KPIsUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / Share
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 declined year on year following a review of promotional initiatives, while costs increased, including TV commercial expenses, personnel expenses, and logistics costs resulting from higher energy prices. The company described TV commercials and the rollout of stores under new brand names as upfront investments aimed at medium- to long-term growth.
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.