Worth reading
55In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
5.9
Operating profit year-on-year (%)Wording
Conditional
How definitive the wording is.Results for this period
Full year2023年3月1日〜2024年2月29日ConsolidatedJapanese GAAPNet Sales39,457¥ millionYear on year -0.1%Progress 96.2%
Operating profit2,096¥ millionYear on year +5.9%Progress 89.2%
Ordinary income2,515¥ millionYear on year +7.4%Progress 89.8%
Net income attributable to owners of the parent1,300¥ millionYear on year +13.2%Progress 81.3%
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 share60円65銭
Operating Margin5.3%
Financial position at period-end
Total assets50,643¥ million
of which net assets 38,596 ¥ millionEquity ratio 76.2%vs. prior year-end +0.2pt
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+2,666
Investment-1,103
Financials-1,791
Net change-228
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¥1,570 million
Segment revenueJewelry business ¥16,995 million (YoY -8.6%), Apparel Business ¥22,462 million (YoY +7.4%)
Segment profitJewelry business ¥1,426 million (YoY +5.1%), Apparel Business ¥1,046 million (YoY +11.1%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥41,000 million (YoY +3.9%)
Operating profit¥2,350 million (YoY +12.1%)
Ordinary income¥2,800 million (YoY +11.3%)
Net income¥1,600 million (YoY +23.0%)
Annual Dividend Forecast¥83 → ¥83（0.0%）
Payout ratio111.2%
Shareholder Return PolicyDOE4％以上、将来的にROE8％以上、将来的に1株当たり年間配当100円の達成を目標とする
Factors Behind Changes in Business Performance
ジュエリー事業は売上高が前期を下回ったものの、ブライダル店舗の集約により収益性が改善し増益。アパレル事業は既存店売上高の増加、出店効果、主力取引先との取り組み拡大により増収増益。
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 Not disclosed / Excluded Not disclosed / Company name Not disclosed / Description 重要な子会社の異動：無
Material subsequent eventsNot applicable.
Impairment loss¥581 million
Breakdown of extraordinary income (loss)Gain on Sale of Investment Securities ¥358 million, Total extraordinary income ¥358 million, Impairment Loss ¥581 million, Loss on closure of stores ¥62 million, Total extraordinary loss ¥644 million
Depreciation and amortization¥695 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End24,331,356
Treasury Shares at Period-End2,881,696
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 2023年3月1日〜2024年2月29日 |
| Net Sales | ¥39,457 million (YoY -0.1%) |
| Operating profit | ¥2,096 million (YoY +5.9%) |
| Ordinary income | ¥2,515 million (YoY +7.4%) |
| Profit attributable to owners of the parent | ¥1,300 million (YoY +13.2%) |
| Net income per share | 60円65銭 |
| Operating Margin | 5.3% |
| Equity ratio | End of the current fiscal period 76.2% / End of previous period 76.0% |
| Total assets | ¥50,643 million |
| Net assets | ¥38,596 million |
| Cash flows from operating activities | ¥2,666 million |
| Cash flows from investing activities | ¥-1,103 million |
| Cash flows from financing activities | ¥-1,791 million |
| Cash and cash equivalents at end of period | ¥1,570 million |
| Full-year earnings forecast | Net Sales ¥41,000 million (YoY +3.9%) / Operating profit ¥2,350 million (YoY +12.1%) / Ordinary income ¥2,800 million (YoY +11.3%) / Net income ¥1,600 million (YoY +23.0%) |
| Annual Dividend Forecast | ¥83 → ¥83（0.0%） |
| Payout ratio | 111.2% |
| Shareholder Return Policy | DOE4％以上、将来的にROE8％以上、将来的に1株当たり年間配当100円の達成を目標とする |
| Segment revenue | Jewelry business ¥16,995 million (YoY -8.6%), Apparel Business ¥22,462 million (YoY +7.4%) |
| Segment profit | Jewelry business ¥1,426 million (YoY +5.1%), Apparel Business ¥1,046 million (YoY +11.1%) |
| Depreciation and amortization | ¥695 million |
| Impairment loss | ¥581 million |
| Breakdown of extraordinary income (loss) | Gain on Sale of Investment Securities ¥358 million, Total extraordinary income ¥358 million, Impairment Loss ¥581 million, Loss on closure of stores ¥62 million, Total extraordinary loss ¥644 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 Not disclosed / Excluded Not disclosed / Company name Not disclosed / Description 重要な子会社の異動：無 |
| Material subsequent events | Not applicable. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for institutional investors and analysts) |
| Issued Shares at Period-End | 24,331,356 |
| Treasury Shares at Period-End | 2,881,696 |
| Factors Behind Changes in Business Performance | ジュエリー事業は売上高が前期を下回ったものの、ブライダル店舗の集約により収益性が改善し増益。アパレル事業は既存店売上高の増加、出店効果、主力取引先との取り組み拡大により増収増益。 |
Items this document does not state (3)
Revision to Earnings ForecastRegional salesOrders 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.ジュエリー事業ではブライダル店舗の集約によって収益性が改善した。アパレル事業では既存店売上の増加、出店効果、主力取引先との取り組み拡大により増収増益となった。
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.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.