Revised forecast
Fiscal year ending March 2026 · Full yearPrevious forecast published 9 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.
The gross profit margin declined due to increased discount sales resulting from the disposal of excess inventory and enhanced point-reward initiatives, and an operating loss is now expected. Although dividend income increased, it was insufficient to offset the deterioration in operating profit, and an ordinary loss is now expected. Gains on the sale of investment securities from the partial sale of policy-held shares will be recorded, but special losses related to structural reforms will weigh on results, and net income is expected to fall below the previous forecast.
Details Special losses related to structural reforms / Amount Not disclosed
| Item | Details |
|---|---|
| Net Sales | 22,900 million yen → 22,841 million yen（-0.3%） |
| Operating profit | 50 million yen → -385 million yen |
| Ordinary income | 210 million yen → -215 million yen |
| Profit attributable to owners of the parent | 360 million yen → 244 million yen（-32.3%） |
| Net income per share | 117.03 yen and sen → 79.91 yen and sen |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 9 February 2026 |
| Previous-period results | Sales: ¥23,558 million; operating profit: ¥397 million; ordinary profit: ¥497 million; net income attributable to owners of the parent: ¥700 million; net income per share: ¥219.41 (fiscal year ended March 2025) |
| Reason for the revision | The gross profit margin declined due to increased discount sales resulting from the disposal of excess inventory and enhanced point-reward initiatives, and an operating loss is now expected. Although dividend income increased, it was insufficient to offset the deterioration in operating profit, and an ordinary loss is now expected. Gains on the sale of investment securities from the partial sale of policy-held shares will be recorded, but special losses related to structural reforms will weigh on results, and net income is expected to fall below the previous forecast. |
| Details and amount of extraordinary loss | Details Special losses related to structural reforms / Amount Not disclosed |
| Dividend forecast revision | There is no change to the year-end dividend forecast. |
| Consolidated / non-consolidated | Consolidated |
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The gross profit margin declined and operating profit deteriorated due to increased discount sales resulting from the disposal of excess inventory and enhanced point-reward initiatives. In addition, special losses related to structural reforms reduced net income.