Revised forecast
Fiscal year ending December 2026 · Full yearPrevious forecast published 13 February 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.
In addition to strong cumulative second-quarter results, Onitsuka Tiger, mainly in Japan, and Sportstyle, mainly in Europe, are expected to continue performing well in the second half. The assumed exchange rates used in the earnings plan were also reviewed to reflect current conditions, resulting in an upward revision to net sales. Operating income, ordinary income, and net income attributable to owners of the parent are expected to exceed the previous forecasts due to higher revenue and an improved gross profit margin.
| Item | Details |
|---|---|
| Net Sales | 950,000 Millions of yen → 1,050,000 Millions of yen（+10.5%） |
| Operating profit | 171,000 Millions of yen → 195,000 Millions of yen（+14.0%） |
| Ordinary income | 165,000 Millions of yen → 189,000 Millions of yen（+14.5%） |
| Profit attributable to owners of the parent | 110,000 Millions of yen → 120,000 Millions of yen（+9.1%） |
| Net income per share | 153.91 yen and sen → 169.3 yen and sen |
| Fiscal Period Covered | Fiscal year ending December 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 13 February 2026 |
| Previous-period results | Net sales: ¥810,916 million; operating income: ¥142,519 million; ordinary income: ¥139,295 million; net income attributable to owners of the parent: ¥98,719 million; earnings per share: ¥138.13 (fiscal year ended December 2025) |
| Reason for the revision | In addition to strong cumulative second-quarter results, Onitsuka Tiger, mainly in Japan, and Sportstyle, mainly in Europe, are expected to continue performing well in the second half. The assumed exchange rates used in the earnings plan were also reviewed to reflect current conditions, resulting in an upward revision to net sales. Operating income, ordinary income, and net income attributable to owners of the parent are expected to exceed the previous forecasts due to higher revenue and an improved gross profit margin. |
| Dividend forecast revision | The interim dividend was increased from ¥18.00 to ¥20.00, the year-end dividend forecast from ¥20.00 to ¥24.00, and the full-year dividend forecast from ¥38.00 to ¥44.00. |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (1)
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 revisions reflect strong cumulative second-quarter results, expectations that Onitsuka Tiger, mainly in Japan, and Sportstyle, mainly in Europe, will continue to perform well in the second half, and a review of the assumed exchange rates used in the earnings plan. The increase in profit is attributed to higher revenue and an improved gross profit margin. The dividend was increased because the full-year consolidated earnings forecast was revised upward.