Worth reading
60In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
59.4
% (year-on-year change in operating income)Wording
Conditional
How definitive the wording is.Results for this period
Full year2023年1月1日〜2023年12月31日ConsolidatedJapanese GAAPNet Sales570,463¥ millionYear on year +17.7%Progress 96.7%
Operating profit54,215¥ millionYear on year +59.4%Progress 93.5%
Ordinary income50,670¥ millionYear on year +63.9%Progress 95.6%
Net income attributable to owners of the parent35,272¥ millionYear on year +77.4%
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. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
Net income per share192.52円
Operating Margin9.5%
Financial position at period-end
Total assets464,116¥ million
of which net assets 206,801 ¥ millionEquity ratio 44.1%vs. prior year-end +4.0pt
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Cash inflows and outflows
Operating+90,095
Investment-4,640
Financials-40,252
Net change+45,203
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¥113,301 million
Segment revenueJapan ¥135,849 million (YoY +10.1%), North America ¥114,617 million (YoY +8.8%), Europe ¥147,982 million (YoY +13.7%), Greater China ¥77,615 million (YoY +24.4%), Oceania ¥38,460 million (YoY +15.5%), Southeast and South Asia ¥27,122 million (YoY +47.0%), Other regions ¥49,843 million (YoY +14.2%)
Segment profitJapan ¥12,796 million (YoY +111.6%), North America ¥1,440 million, Europe ¥14,189 million (YoY +26.1%), Greater China ¥13,107 million (YoY +30.2%), Oceania ¥6,241 million (YoY +19.8%), Southeast and South Asia ¥4,971 million (YoY +66.6%), Other regions ¥4,400 million (YoY +20.7%)
Regional sales¥110,994 million, ¥118,130 million, ¥151,364 million, ¥77,572 million, ¥112,400 million, ¥570,463 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥590,000 million (YoY +3.4%)
Operating profit¥58,000 million (YoY +7.0%)
Ordinary income¥53,000 million (YoY +4.6%)
Profit attributable to owners of the parent¥36,000 million (YoY +2.1%)
Annual Dividend Forecast¥65 per share → ¥70 per share（+7.7%）
Payout ratio2023年12月期 33.8%、2024年12月期予想 35.6%
Shareholder Return Policy中期経営計画期間内における連結総還元性向50％、累進配当の継続
Factors Behind Changes in Business Performance
為替影響に加え、全てのカテゴリーで好調に推移したことにより増収となった。増収の影響や粗利益率の改善などによりセグメント利益が増加し、親会社株主に帰属する当期純利益はHaglöfs AB株式の売却に伴う関係会社株式売却益の計上などにより増加した。
Disclosure regarding the going concern assumption
Not applicable.
Change in accounting policy
基準改正に伴う変更 Yesそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Material subsequent events2024年2月9日開催の取締役会で、普通株式400万株を上限、取得価額総額150億円を上限とする自己株式取得を決議。取得期間は2024年2月13日から6月30日まで。
Impairment loss4,577百万円。店舗資産等3,706百万円、その他871百万円。
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥34 million, Gain on sale of investment securities ¥1,483 million, Gain on sale of shares in an affiliated company ¥6,506 million, Gain on liquidation of subsidiaries ¥394 million / Extraordinary loss Loss on sale of fixed assets ¥50 million, Loss on Disposal of Fixed Assets ¥54 million, Impairment Loss on Investment Securities ¥219 million, Impairment Losses ¥4,577 million, Loss on cancellation of lease agreements ¥316 million, 国内収益構造改善損 ¥1,523 million, 海外収益構造改善損 ¥1,775 million
Depreciation and amortization¥16,504 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingHeld (for institutional investors, securities analysts and media organizations)
Issued Shares at Period-End189,870,559株
Treasury Shares at Period-End6,634,589株
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 2023年1月1日〜2023年12月31日 |
| Net Sales | ¥570,463 million (YoY +17.7%) |
| Operating profit | ¥54,215 million (YoY +59.4%) |
| Ordinary income | ¥50,670 million (YoY +63.9%) |
| Profit attributable to owners of the parent | ¥35,272 million (YoY +77.4%) |
| Net income per share | 192.52円 |
| Operating Margin | 9.5% |
| Equity ratio | End of the current fiscal period 44.1% / End of previous period 40.1% |
| Total assets | ¥464,116 million |
| Net assets | ¥206,801 million |
| Cash flows from operating activities | ¥90,095 million |
| Cash flows from investing activities | ¥-4,640 million |
| Cash flows from financing activities | ¥-40,252 million |
| Cash and cash equivalents at end of period | ¥113,301 million |
| Full-year earnings forecast | Net Sales ¥590,000 million (YoY +3.4%) / Operating profit ¥58,000 million (YoY +7.0%) / Ordinary income ¥53,000 million (YoY +4.6%) / Profit attributable to owners of the parent ¥36,000 million (YoY +2.1%) |
| Annual Dividend Forecast | ¥65 per share → ¥70 per share（+7.7%） |
| Payout ratio | 2023年12月期 33.8%、2024年12月期予想 35.6% |
| Shareholder Return Policy | 中期経営計画期間内における連結総還元性向50％、累進配当の継続 |
| Segment revenue | Japan ¥135,849 million (YoY +10.1%), North America ¥114,617 million (YoY +8.8%), Europe ¥147,982 million (YoY +13.7%), Greater China ¥77,615 million (YoY +24.4%), Oceania ¥38,460 million (YoY +15.5%), Southeast and South Asia ¥27,122 million (YoY +47.0%), Other regions ¥49,843 million (YoY +14.2%) |
| Segment profit | Japan ¥12,796 million (YoY +111.6%), North America ¥1,440 million, Europe ¥14,189 million (YoY +26.1%), Greater China ¥13,107 million (YoY +30.2%), Oceania ¥6,241 million (YoY +19.8%), Southeast and South Asia ¥4,971 million (YoY +66.6%), Other regions ¥4,400 million (YoY +20.7%) |
| Regional sales | ¥110,994 million, ¥118,130 million, ¥151,364 million, ¥77,572 million, ¥112,400 million, ¥570,463 million |
| Depreciation and amortization | ¥16,504 million |
| Impairment loss | 4,577百万円。店舗資産等3,706百万円、その他871百万円。 |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥34 million, Gain on sale of investment securities ¥1,483 million, Gain on sale of shares in an affiliated company ¥6,506 million, Gain on liquidation of subsidiaries ¥394 million / Extraordinary loss Loss on sale of fixed assets ¥50 million, Loss on Disposal of Fixed Assets ¥54 million, Impairment Loss on Investment Securities ¥219 million, Impairment Losses ¥4,577 million, Loss on cancellation of lease agreements ¥316 million, 国内収益構造改善損 ¥1,523 million, 海外収益構造改善損 ¥1,775 million |
| Disclosure regarding the going concern assumption | Not applicable. |
| Change in accounting policy | Changes due to revisions to standards Yes / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed |
| Material subsequent events | 2024年2月9日開催の取締役会で、普通株式400万株を上限、取得価額総額150億円を上限とする自己株式取得を決議。取得期間は2024年2月13日から6月30日まで。 |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Held (for institutional investors, securities analysts and media organizations) |
| Issued Shares at Period-End | 189,870,559株 |
| Treasury Shares at Period-End | 6,634,589株 |
| Factors Behind Changes in Business Performance | 為替影響に加え、全てのカテゴリーで好調に推移したことにより増収となった。増収の影響や粗利益率の改善などによりセグメント利益が増加し、親会社株主に帰属する当期純利益はHaglöfs AB株式の売却に伴う関係会社株式売却益の計上などにより増加した。 |
Items this document does not state (2)
Revision to Earnings ForecastOrders received and order backlog
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.為替影響に加え、全てのカテゴリーで好調に推移したことにより増収となり、その増収の影響で営業利益・経常利益が増加した。親会社株主に帰属する当期純利益は、増収増益に加え、Haglöfs AB株式の売却に伴う関係会社株式売却益の計上などにより増加した。
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.
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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.