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Presentation materials for financial results8016ONWARD HOLDINGS CO.,LTD.Materials and Chemicals

Full-Year Financial Results Briefing Materials for the Fiscal Year Ending February 2026 (Fiscal 2025)

In fiscal 2025, revenue and profit increased, driven by growth at domestic group companies and strategically strengthened brands. Net income for the year reached the target of the Medium-Term Management Plan one year ahead of schedule. For fiscal 2026, the company expects higher revenue and growth in profit at every stage.

Worth reading
68In focus
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
13.6
% (year-on-year increase in revenue for fiscal 2025)
Wording
Conditional
How definitive the wording is.

Contents of this document

Presentation materials for financial resultsFiscal 2025 (fiscal year ending February 2026), full year12 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥236,804 million+13.6%
Operating profit¥11,604 million+14.3%
Ordinary income¥11,176 million+10.8%
Net income¥10,094 million+18.5%
Gross Profit Margin54.7 %
Operating profit margin4.9 %
Selling, general and administrative expenses¥117,811 million
Full-year earnings forecast
Net Sales
¥247,000 million
Gross profit
¥135,100 million
Selling, general and administrative expenses
¥122,300 million
Operating profit
¥12,800 million
Ordinary income
¥12,300 million
Net income for the current fiscal year
¥11,200 million
EBITDA
¥18,800 million
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Revenue increase
    Change in amount28,411
  • Increase in gross profit
    Change in amount15,840
  • Increase in SG&A expenses
    Change in amount14,389
  • Increase in operating profit
    Change in amount1,451
  • Decrease in total non-operating income and expenses
    Change in amount-358
  • Increase in extraordinary income and expenses
    Change in amount1,641
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
The company expects a gross profit margin of 54.7% and an SG&A ratio of 49.5%. Other assumptions, including exchange rates, raw material prices, interest rates and volumes, were Not disclosed.
New initiatives
  • Opening of the flagship store “SALON 23区 AOYAMA”
  • “Shirotan” to be adapted into a television anime series from autumn 2026
  • Partial reorganization of business areas and segment classifications from fiscal 2026
  • Introduction of an interim dividend system from fiscal 2025
Key KPIsA metric the company considers important as a management benchmark.
  • EBITDA¥17,195 million
    Year on year against the same period last year+11.3%
  • Department store sales¥51,021 million
    Year on year against the same period last year-2.2%
  • Shopping center and other sales¥96,250 million
    Year on year against the same period last year+29.3%
  • E-commerce sales¥58,046 million
    Year on year against the same period last year+12.4%
  • Number of stores offering Click & Try442 Location
    Year on year against the same period last year+7.0%
  • Number of customers with reservations142,431 People
    Year on year against the same period last year+3.0%
  • Number of reserved items294,956 items
    Year on year against the same period last year+4.5%
  • Number of purchasing customers58,110 People
    Year on year against the same period last year+3.4%
  • Number of items sold131,086 items
    Year on year against the same period last year+7.1%
Unit price and quantity metricsThese figures show sales broken down by price and volume.
  • Number of customers with reservations142,431 People
    Year on year against the same period last year+3.0%
  • Number of reserved items294,956 items
    Year on year against the same period last year+4.5%
  • Number of purchasing customers58,110 People
    Year on year against the same period last year+3.4%
  • Number of items sold131,086 items
    Year on year against the same period last year+7.1%
Segment results
  • オンワード樫山+HD
    Net Sales¥115,850 million (YoY +2.0%)
    Operating profit¥7,240 million (YoY +0.7%)
  • WEGO
    Net Sales¥32,546 million (YoY +153.7%)
    Operating profit¥1,471 million (YoY +1,095.9%)
  • Onward Personal Style
    Net Sales¥8,283 million (YoY +33.3%)
    Operating profit¥258 million (YoY +1,333.3%)
  • オンワードコーポレートデザイン
    Net Sales¥19,121 million (YoY +3.6%)
    Operating profit¥1,822 million (YoY +5.6%)
  • Chacott
    Net Sales¥10,669 million (YoY +4.9%)
    Operating profit¥991 million (YoY +17.3%)
  • Creative Yoko
    Net Sales¥6,875 million (YoY +1.1%)
    Operating profit¥670 million (YoY -18.4%)
  • 大和
    Net Sales¥24,085 million (YoY +15.6%)
    Operating profit¥1,461 million (YoY +18.4%)
  • Europe total
    Net Sales¥13,562 million (YoY +9.3%)
    Operating profit¥124 million (YoY -28.3%)
  • Americas total
    Net Sales¥2,257 million (YoY -4.9%)
    Operating profit¥-47 million
  • Asia total
    Net Sales¥7,199 million (YoY +2.2%)
    Operating profit¥191 million (YoY +109.9%)
  • Overseas group companies subtotal
    Net Sales¥23,018 million (YoY +5.5%)
    Operating profit¥268 million
Medium-term management plan targets
Net income of ¥10 billion in fiscal 2026. The target was achieved one year ahead of schedule, with net income of ¥10.1 billion in fiscal 2025.
Financial targets
ROE 11.4% (10.4% in the previous year), ROIC 5.9% (5.5%), equity ratio 49.4% (47.0%), current ratio 134.8% (127.7%)
Number of stores and locations
442 stores offering Click & Try (413 stores in the previous year), and 199 OCS stores. The number of store openings and closures during the period was Not disclosed.
Capital expenditures
¥5,980 million
Annual Dividend
For fiscal 2025, the company plans an interim dividend of ¥14, a year-end dividend of ¥16 and an annual dividend of ¥30. For fiscal 2026, it forecasts an interim dividend of ¥16, a year-end dividend of ¥17 and an annual dividend of ¥33.
Payout ratio
Payout ratio of 40.4% planned for fiscal 2025 and 40.1% forecast for fiscal 2026. The target payout ratio is at least 40% for the full year.
Contents of this document
ItemDetails
Document typePresentation materials for financial results
Fiscal Period CoveredFiscal 2025 (fiscal year ending February 2026), full year
Net Sales¥236,804 million (YoY +13.6%)
Operating profit¥11,604 million (YoY +14.3%)
Ordinary income¥11,176 million (YoY +10.8%)
Net income¥10,094 million (YoY +18.5%)
Gross Profit Margin54.7 %
Operating profit margin4.9 %
Selling, general and administrative expenses¥117,811 million
Full-year earnings forecastNet Sales ¥247,000 million / Gross profit ¥135,100 million / Selling, general and administrative expenses ¥122,300 million / Operating profit ¥12,800 million / Ordinary income ¥12,300 million / Net income for the current fiscal year ¥11,200 million / EBITDA ¥18,800 million
Segment resultsSegment オンワード樫山+HD / Net Sales ¥115,850 million (YoY +2.0%) / Operating profit ¥7,240 million (YoY +0.7%), Segment WEGO / Net Sales ¥32,546 million (YoY +153.7%) / Operating profit ¥1,471 million (YoY +1,095.9%), Segment Onward Personal Style / Net Sales ¥8,283 million (YoY +33.3%) / Operating profit ¥258 million (YoY +1,333.3%), Segment オンワードコーポレートデザイン / Net Sales ¥19,121 million (YoY +3.6%) / Operating profit ¥1,822 million (YoY +5.6%), Segment Chacott / Net Sales ¥10,669 million (YoY +4.9%) / Operating profit ¥991 million (YoY +17.3%), Segment Creative Yoko / Net Sales ¥6,875 million (YoY +1.1%) / Operating profit ¥670 million (YoY -18.4%), Segment 大和 / Net Sales ¥24,085 million (YoY +15.6%) / Operating profit ¥1,461 million (YoY +18.4%), Segment Europe total / Net Sales ¥13,562 million (YoY +9.3%) / Operating profit ¥124 million (YoY -28.3%), Segment Americas total / Net Sales ¥2,257 million (YoY -4.9%) / Operating profit ¥-47 million, Segment Asia total / Net Sales ¥7,199 million (YoY +2.2%) / Operating profit ¥191 million (YoY +109.9%), Segment Overseas group companies subtotal / Net Sales ¥23,018 million (YoY +5.5%) / Operating profit ¥268 million
Breakdown of Factors Affecting the ChangeFactors Revenue increase / Change in amount ¥28,411 million, Factors Increase in gross profit / Change in amount ¥15,840 million, Factors Increase in SG&A expenses / Change in amount ¥14,389 million, Factors Increase in operating profit / Change in amount ¥1,451 million, Factors Decrease in total non-operating income and expenses / Change in amount ¥-358 million, Factors Increase in extraordinary income and expenses / Change in amount ¥1,641 million
Key KPIsIndicator name EBITDA / Value ¥17,195 million / Year on year against the same period last year ¥11.3 million, Indicator name Department store sales / Value ¥51,021 million / Year on year against the same period last year ¥-2.2 million, Indicator name Shopping center and other sales / Value ¥96,250 million / Year on year against the same period last year ¥29.3 million, Indicator name E-commerce sales / Value ¥58,046 million / Year on year against the same period last year ¥12.4 million, Indicator name Number of stores offering Click & Try / Value 442 Location / Year on year against the same period last year 7 Location, Indicator name Number of customers with reservations / Value 142,431 People / Year on year against the same period last year 3 People, Indicator name Number of reserved items / Value 294,956 items / Year on year against the same period last year 4.5 items, Indicator name Number of purchasing customers / Value 58,110 People / Year on year against the same period last year 3.4 People, Indicator name Number of items sold / Value 131,086 items / Year on year against the same period last year 7.1 items
Unit price and quantity metricsIndicator name Number of customers with reservations / Value 142,431 People / Year on year against the same period last year 3 People, Indicator name Number of reserved items / Value 294,956 items / Year on year against the same period last year 4.5 items, Indicator name Number of purchasing customers / Value 58,110 People / Year on year against the same period last year 3.4 People, Indicator name Number of items sold / Value 131,086 items / Year on year against the same period last year 7.1 items
Number of stores and locations442 stores offering Click & Try (413 stores in the previous year), and 199 OCS stores. The number of store openings and closures during the period was Not disclosed.
Assumptions Underlying the Business OutlookThe company expects a gross profit margin of 54.7% and an SG&A ratio of 49.5%. Other assumptions, including exchange rates, raw material prices, interest rates and volumes, were Not disclosed.
Medium-term management plan targetsNet income of ¥10 billion in fiscal 2026. The target was achieved one year ahead of schedule, with net income of ¥10.1 billion in fiscal 2025.
Financial targetsROE 11.4% (10.4% in the previous year), ROIC 5.9% (5.5%), equity ratio 49.4% (47.0%), current ratio 134.8% (127.7%)
Annual DividendFor fiscal 2025, the company plans an interim dividend of ¥14, a year-end dividend of ¥16 and an annual dividend of ¥30. For fiscal 2026, it forecasts an interim dividend of ¥16, a year-end dividend of ¥17 and an annual dividend of ¥33.
Payout ratioPayout ratio of 40.4% planned for fiscal 2025 and 40.1% forecast for fiscal 2026. The target payout ratio is at least 40% for the full year.
Capital expenditures¥5,980 million
New initiativesOpening of the flagship store “SALON 23区 AOYAMA”, “Shirotan” to be adapted into a television anime series from autumn 2026, Partial reorganization of business areas and segment classifications from fiscal 2026, Introduction of an interim dividend system from fiscal 2025
Items this document does not state (9)
Results for the three months of the current quarterProgress against full-year forecastSelf-assessment against the planNumber of employeesRisk amount incorporated into the outlookAcquisition of treasury sharesOrders 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 was driven by domestic group companies such as Onward Personal Style and WEGO, while strategically strengthened brands including UNFILO, KASHIYAMA, WEGO and Chacott Cosmetics also performed well. On the profit side, the company cited rigorous inventory management, curbs on discount sales, and greater efficiency in store operations and advertising.

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Full-Year Financial Results Briefing Materials for the Fiscal Year Ending February 2026 (Fiscal 2025) | ONWARD HOLDINGS CO.,LTD. (8016) timely disclosure | Komori