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Presentation materials for financial results8005Scroll CorporationRetail

Materials for the Financial Results Briefing for the Fiscal Year Ending March 2026

For the fiscal year ended March 2026, revenue reached a record high on growth in the Solutions business, while profit declined due to weakness in the Mail-Order business, business restructuring losses and goodwill impairment losses. The company also presented its earnings plan for the fiscal year ending March 2027, its medium- to long-term vision, and its shareholder return policy.

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Presentation materials for financial resultsFiscal year ending March 2026, full year11 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥88,548 million+5.4%
Operating profit¥5,727 million-5.4%
Ordinary income¥6,166 million-4.0%
Net income¥2,768 million-35.1%
Operating profit margin6.5 %
Full-year earnings forecast
Fiscal year ending March 2027
Consolidated
Net Sales
¥90,000 million
Ordinary income
¥6,500 million
Net income
¥4,300 million
ROE
11.1 %
Solutions Business
Net Sales
¥42,100 million
Ordinary income
¥2,100 million
Mail-Order Business
Net Sales
¥38,000 million
Ordinary income
¥4,200 million
e-Commerce business
Net Sales
¥10,500 million
Ordinary income
¥200 million
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Strong new third-party logistics contracts in the Solutions business
    DetailsRevenue increase
  • Decline in Mail-Order business customers, higher prices and changing market trends
    DetailsRevenue decline driver
  • Inventory disposal and the weaker yen
    DetailsDrivers of lower margins in the Mail-Order business
  • Business restructuring losses, goodwill impairment losses and other items
    DetailsExtraordinary Losses
    Amount¥1,615 million
New initiatives
  • Further development toward the medium- to long-term vision of becoming a “Direct Solution Company”
  • Reform of the earnings structure for third-party logistics, payment processing and marketing support in the Solutions business
  • Use of AI in the Mail-Order business, expansion of LightChain functions, and inventory and cost management through production in the most suitable locations
  • Withdrawal from unprofitable businesses in the e-Commerce business and transition to a high-margin D2C model
  • ¥15 billion in strategic investments, including M&A, and ¥10 billion in growth investments during FY2025-FY2029
  • Progressive dividends from the fiscal year ending March 2027 onward, based on the higher of a consolidated payout ratio of 60% or DOE of 8.5%
Key KPIsA metric the company considers important as a management benchmark.
  • Net income per share¥80.71
    Year on year against the same period last year-43.4%
  • ROE7.5 %
    Year on year against the same period last year-4.7%
    Change unitPoints
  • Equity ratio63.9 %
    Year on year against the same period last year-1.2%
    Change unitPoints
  • Consolidated payout ratio73.1 %
  • DOE5.4 %
Segment results
  • Solutions Business
    Net Sales¥37,605 million (YoY +20.4%)
    Segment profit¥1,570 million (YoY +76.5%)
  • Mail-Order Business
    Net Sales¥36,662 million (YoY -6.0%)
    Segment profit¥4,181 million (YoY -19.8%)
  • e-Commerce business
    Net Sales¥15,312 million (YoY +0.2%)
    Segment profit¥385 million (YoY +136.0%)
Medium-term management plan targets
Long- and Medium-Term Vision
Target fiscal yearFY2029 (fiscal year 2029)
Consolidated net income
60 Hundreds of millions of yen
ROE
15 %
Total payout ratio
60 Approximately %
Comparison with actual results
FY2025 consolidated net income
27.6 Hundreds of millions of yen
FY2025 ROE
7.5 %
FY2025 total payout ratio
109 %
Financial targets
  • ROE
    Target15 %
    Actual results7.5 %
  • Equity ratio
    Actual results63.9 %
Number of stores and locations
Opened during the periodOpened the SLC Tsukuba logistics hub in June 2025
Capital expenditures
¥100 100 million growth investment allocation for FY2025-FY2029
Annual Dividend
Fiscal year ending March 2026
Annual
¥59
Interim
¥29.5
End of period
¥29.5
Forecast for the fiscal year ending March 2027
Annual
¥102
Interim
¥48.5
End of period
¥48.5
Commemorative dividend
Interim
¥2.5
End of period
¥2.5
Payout ratio
Fiscal year ending March 2026
73.1 %
FY2029 target
60 Approximately %
DOE
Fiscal year ending March 2026
5.4 %
Basis from the fiscal year ending March 2027 onward
8.5 %
Acquisition of treasury shares
Number of shares acquired
790,000 Shares
Total acquisition price
¥999,868,680
Acquisition period5 November 2025 to 13 January 2026
Contents of this document
ItemDetails
Document typePresentation materials for financial results
Fiscal Period CoveredFiscal year ending March 2026, full year
Net Sales¥88,548 million (YoY +5.4%)
Operating profit¥5,727 million (YoY -5.4%)
Ordinary income¥6,166 million (YoY -4.0%)
Net income¥2,768 million (YoY -35.1%)
Operating profit margin6.5 %
Full-year earnings forecastSubject Fiscal year ending March 2027 / Consolidated Net Sales ¥90,000 million / Ordinary income ¥6,500 million / Net income ¥4,300 million / ROE 11.1 % / Solutions Business Net Sales ¥42,100 million / Ordinary income ¥2,100 million / Mail-Order Business Net Sales ¥38,000 million / Ordinary income ¥4,200 million / e-Commerce business Net Sales ¥10,500 million / Ordinary income ¥200 million
Segment resultsSegment Solutions Business / Net Sales ¥37,605 million (YoY +20.4%) / Segment profit ¥1,570 million (YoY +76.5%), Segment Mail-Order Business / Net Sales ¥36,662 million (YoY -6.0%) / Segment profit ¥4,181 million (YoY -19.8%), Segment e-Commerce business / Net Sales ¥15,312 million (YoY +0.2%) / Segment profit ¥385 million (YoY +136.0%)
Breakdown of Factors Affecting the ChangeFactors Strong new third-party logistics contracts in the Solutions business / Details Revenue increase / Amount Not disclosed, Factors Decline in Mail-Order business customers, higher prices and changing market trends / Details Revenue decline driver / Amount Not disclosed, Factors Inventory disposal and the weaker yen / Details Drivers of lower margins in the Mail-Order business / Amount Not disclosed, Factors Business restructuring losses, goodwill impairment losses and other items / Details Extraordinary Losses / Amount ¥1,615 million
Key KPIsIndicator name Net income per share / Value ¥80.71 / Year on year against the same period last year ¥-43.44, Indicator name ROE / Value 7.5 % / Year on year against the same period last year -4.7 % / Change unit Points, Indicator name Equity ratio / Value 63.9 % / Year on year against the same period last year -1.2 % / Change unit Points, Indicator name Consolidated payout ratio / Value 73.1 % / Year on year against the same period last year Not disclosed, Indicator name DOE / Value 5.4 % / Year on year against the same period last year Not disclosed
Number of stores and locationsOpened during the period Opened the SLC Tsukuba logistics hub in June 2025 / Number at period end Not disclosed / Stores closed during the period Not disclosed
Medium-term management plan targetsLong- and Medium-Term Vision Target fiscal year FY2029 (fiscal year 2029) / Consolidated net income 60 Hundreds of millions of yen / ROE 15 % / Total payout ratio 60 Approximately % / Comparison with actual results FY2025 consolidated net income 27.6 Hundreds of millions of yen / FY2025 ROE 7.5 % / FY2025 total payout ratio 109 %
Financial targetsIndicator ROE / Target 15 % / Actual results 7.5 %, Indicator Equity ratio / Actual results 63.9 %
Annual DividendFiscal year ending March 2026 Annual ¥59 / Interim ¥29.5 / End of period ¥29.5 / Forecast for the fiscal year ending March 2027 Annual ¥102 / Interim ¥48.5 / End of period ¥48.5 / Commemorative dividend Interim ¥2.5 / End of period ¥2.5
Payout ratioFiscal year ending March 2026 73.1 % / FY2029 target 60 Approximately % / DOE Fiscal year ending March 2026 5.4 % / Basis from the fiscal year ending March 2027 onward 8.5 %
Acquisition of treasury sharesNumber of shares acquired 790,000 Shares / Total acquisition price ¥999,868,680 / Acquisition period 5 November 2025 to 13 January 2026
Capital expenditures¥100 100 million (growth investment allocation for FY2025-FY2029)
New initiativesFurther development toward the medium- to long-term vision of becoming a “Direct Solution Company”, Reform of the earnings structure for third-party logistics, payment processing and marketing support in the Solutions business, Use of AI in the Mail-Order business, expansion of LightChain functions, and inventory and cost management through production in the most suitable locations, Withdrawal from unprofitable businesses in the e-Commerce business and transition to a high-margin D2C model, ¥15 billion in strategic investments, including M&A, and ¥10 billion in growth investments during FY2025-FY2029, Progressive dividends from the fiscal year ending March 2027 onward, based on the higher of a consolidated payout ratio of 60% or DOE of 8.5%
Items this document does not state (12)
Gross Profit MarginSelling, general and administrative expensesResults for the three months of the current quarterProgress against full-year forecastSelf-assessment against the planUnit price and quantity metricsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookOrders received and order backlogMarket Size / ShareKey points of the Q&A

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 benefited from growth in the Solutions business, particularly strong new contracts for third-party logistics services. Ordinary profit was dragged down by lower revenue and profit in the Mail-Order business, which was affected by a decline in customer numbers, higher prices, changing market trends, inventory disposal and the weaker yen. The decline in net income reflected the recognition of ¥1,615 million in extraordinary losses, including business restructuring losses and goodwill impairment losses.

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Materials for the Financial Results Briefing for the Fiscal Year Ending March 2026 | Scroll Corporation (8005) timely disclosure | Komori