Revised forecast
Fiscal year ending February 2027 · Full year (11 months)The bar length represents the relative magnitude of change, based on the item that changed the most in this document.
In light of declining demand for its core business shoes, the company aims to transition to a sustainable, highly profitable business structure by consolidating and reorganizing its domestic production bases, reducing fixed costs through organizational streamlining, and strengthening strategic investment in its e-commerce and overseas businesses.
Business structure improvement expenses: ¥637 million; loss on disposal of non-current assets: ¥28 million; impairment loss: ¥49 million; valuation loss on investment securities: ¥0 million; total extraordinary losses: ¥716 million
| Item | Details |
|---|---|
| Net Sales | Not disclosed → ¥19,750 million |
| Operating profit | Not disclosed → ¥50 million |
| Ordinary income | Not disclosed → ¥90 million |
| Profit attributable to owners of the parent | Not disclosed → ¥870 million |
| Net income per share | Not disclosed → 291.95 yen |
| Fiscal Period Covered | Fiscal year ending February 2027 |
| Period Covered | Full year (11 months) |
| Previous-period results | Revenue: ¥22,841 million; operating loss: ¥385 million; ordinary loss: ¥215 million; net income attributable to owners of the parent: ¥244 million; earnings per share: ¥79.91 (fiscal year ending March 2026) |
| Reason for the revision | In light of declining demand for its core business shoes, the company aims to transition to a sustainable, highly profitable business structure by consolidating and reorganizing its domestic production bases, reducing fixed costs through organizational streamlining, and strengthening strategic investment in its e-commerce and overseas businesses. |
| Details and amount of extraordinary loss | Business structure improvement expenses: ¥637 million; loss on disposal of non-current assets: ¥28 million; impairment loss: ¥49 million; valuation loss on investment securities: ¥0 million; total extraordinary losses: ¥716 million |
| Dividend forecast revision | The forecast for the fiscal year ending February 2027 is an interim dividend of ¥0.00, a year-end dividend of ¥75.00, and an annual dividend of ¥75.00. Explicit disclosure regarding the revision to the dividend forecast: Not disclosed |
| 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 deterioration in performance was attributed to declining demand for the company’s core mid-priced business shoes, sluggish market conditions, consumers’ increased thriftiness due to rising consumer prices, and increased discounted sales resulting from stepped-up markdowns to dispose of slow-moving inventory and point-reward initiatives. In addition, the company recorded business structure improvement expenses associated with soliciting voluntary retirees and suspending operations at a consolidated subsidiary.