Worth reading
40Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
74
% (year-on-year increase in revenue)Wording
Conditional
How definitive the wording is.Results for this period
Third quarter2025年3月1日〜2025年11月30日ConsolidatedJapanese GAAPNet Sales50,791¥ millionYear on year +74.0%Progress 77.0%
Operating profit1,920¥ millionYear on year +66.7%Progress 68.6%
Ordinary income2,175¥ millionYear on year +48.2%Progress 69.0%
Net income attributable to owners of the parent1,246¥ millionYear on year +23.5%Progress 77.9%
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 share58.05
Financial position at period-end
Total assets71,142¥ million
of which net assets 39,409 ¥ millionEquity ratio 55.4%vs. prior year-end -3.1pt
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.
Segment revenueBrand business ¥31,989 million (YoY +201.9%), Apparel Business ¥18,802 million (YoY +1.1%)
Segment profitBrand business ¥1,687 million (YoY +237.0%), Apparel Business ¥1,055 million (YoY +3.8%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥66,000 million (YoY +43.8%)
Operating profit¥2,800 million (YoY +42.8%)
Ordinary income¥3,150 million (YoY +33.9%)
Net income¥1,600 million (YoY +16.2%)
Annual Dividend Forecast¥83 → ¥83（0.0%）
Factors Behind Changes in Business Performance
ブランド事業では、商品ラインアップの拡充による既存店の伸長や新宿店の出店効果により高級ブランド時計のリユース販売の売上高が拡大した。アパレル事業では、既存店の伸長、新規出店・増床、素材提案力の強化による主力取引先との取り組み拡大により売上高・営業利益が伸長した。
Disclosure regarding the going concern assumption
Not applicable.
Change in accounting policy
基準改正に伴う変更 No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 0 / Excluded 0 / Company name Not disclosed
Impairment lossAmount 99百万円（四半期連結損益計算書）。セグメント注記ではブランド事業124百万円（うち87百万円はブランド整理損に含む）、アパレル事業62百万円 / Subject assets Fixed Assets
Breakdown of extraordinary income (loss)Extraordinary income Item Gain on sale of non-current assets / Amount ¥505 million, Item Gain on Sale of Investment Securities / Amount ¥201 million / Extraordinary loss Item Impairment Loss / Amount ¥99 million, Item Loss on closure of stores / Amount ¥8 million, Item Brand restructuring loss / Amount ¥370 million, Item Impairment Loss on Investment Securities / Amount ¥57 million
Depreciation and amortization¥702 million
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End24,331,356
Treasury Shares at Period-End2,856,576
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 2025年3月1日〜2025年11月30日 |
| Net Sales | ¥50,791 million (YoY +74.0%) |
| Operating profit | ¥1,920 million (YoY +66.7%) |
| Ordinary income | ¥2,175 million (YoY +48.2%) |
| Profit attributable to owners of the parent | ¥1,246 million (YoY +23.5%) |
| Net income per share | 58.05 |
| Equity ratio | End of the current fiscal period 55.4 / End of previous period 58.5 |
| Total assets | ¥71,142 million |
| Net assets | ¥39,409 million |
| Full-year earnings forecast | Net Sales ¥66,000 million (YoY +43.8%) / Operating profit ¥2,800 million (YoY +42.8%) / Ordinary income ¥3,150 million (YoY +33.9%) / Net income ¥1,600 million (YoY +16.2%) |
| Annual Dividend Forecast | ¥83 → ¥83（0.0%） |
| Segment revenue | Brand business ¥31,989 million (YoY +201.9%), Apparel Business ¥18,802 million (YoY +1.1%) |
| Segment profit | Brand business ¥1,687 million (YoY +237.0%), Apparel Business ¥1,055 million (YoY +3.8%) |
| Depreciation and amortization | ¥702 million |
| Impairment loss | Amount 99百万円（四半期連結損益計算書）。セグメント注記ではブランド事業124百万円（うち87百万円はブランド整理損に含む）、アパレル事業62百万円 / Subject assets Fixed Assets |
| Breakdown of extraordinary income (loss) | Extraordinary income Item Gain on sale of non-current assets / Amount ¥505 million, Item Gain on Sale of Investment Securities / Amount ¥201 million / Extraordinary loss Item Impairment Loss / Amount ¥99 million, Item Loss on closure of stores / Amount ¥8 million, Item Brand restructuring loss / Amount ¥370 million, Item Impairment Loss on Investment Securities / Amount ¥57 million |
| Disclosure regarding the going concern assumption | Not applicable. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New 0 / Excluded 0 / Company name Not disclosed |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 24,331,356 |
| Treasury Shares at Period-End | 2,856,576 |
| Factors Behind Changes in Business Performance | ブランド事業では、商品ラインアップの拡充による既存店の伸長や新宿店の出店効果により高級ブランド時計のリユース販売の売上高が拡大した。アパレル事業では、既存店の伸長、新規出店・増床、素材提案力の強化による主力取引先との取り組み拡大により売上高・営業利益が伸長した。 |
Items this document does not state (11)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogMaterial subsequent events
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.ブランド事業では、高級ブランド時計のリユース販売で商品ラインアップの拡充や新宿店の出店効果により売上高が拡大しました。アパレル事業では、既存店の伸長、新規出店・増床、素材提案力の強化による主力取引先との取り組み拡大が寄与しました。
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.