First-Quarter Financial Results Presentation for the Fiscal Year Ending February 2027 (Fiscal 2026) | ONWARD HOLDINGS CO.,LTD. (8016) timely disclosure

Worth reading

50Recurring

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Direction

Mixed performance

Direction inferred from the company’s description.

Scale

5.5

% (year-on-year change in consolidated net sales)

Wording

Conditional

How definitive the wording is.

Contents of this document

Financial results presentationFirst quarter of the fiscal year ending February 2027 (FY2026)7 items taken from the company’s own explanation

Financial Results Figures (The key points of this material are explained below)

Net Sales¥63,466 million+5.5%

Operating profit¥5,647 million+5.5%

Ordinary income¥5,621 million+7.7%

Net income¥5,043 million+18.1%

Gross Profit Margin56.1%

Operating profit margin8.9%

Selling, general and administrative expenses¥29,959 million

Results for the three months of the current quarter

Net Sales

¥63,466 million

Operating profit

¥5,647 million

Ordinary income

¥5,621 million

Net income

¥5,043 million

EBITDA

¥7,032 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

¥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.

Gain on sale of investment securities¥1,389 million
Decrease in impairment losses and other itemsApproximately ¥1.6 billion increase from the same period of the previous year
Increase in personnel expenses¥173 million
Increase in rent expenses¥124 million
Increase in freight and transportation expenses¥155 million
Higher Advertising Expenses¥197 million
Decrease in depreciation and amortization¥-65 million
Increase in other SG&A¥421 million

New initiatives

WEGO's overseas expansion into Taiwan and China
Launch of WEGO's own e-commerce site in Taiwan and opening of its first store in Taiwan
Opening 3 additional stores in Taiwan during the fiscal year
Planned opening of a street-front flagship store in Shanghai, China
Strengthening promotion of Chacott Cosmetics through television, the internet and other media
Business growth initiatives leveraging the Shirotan business's adaptation into a terrestrial television anime series

Key KPIsA metric the company considers important as a management benchmark.

Onward Personal Style revenue year-on-year38.5 %
Chacott revenue year-on-year16.4 %
U.S. business revenue year-on-year82.5 %
Asian business revenue year-on-year16.4 %
Unfilo revenue year-on-year25.7 %
KASHIYAMA revenue year-on-year38.5 %
Chacott Cosmetics revenue year-on-year45.4 %
Shirotan business revenue year-on-year104.9 %

Segment results

Fashion
Net Sales¥50,621 million
Year-on-year change in revenue5.7
Operating profit¥4,107 million
Year-on-year operating profit growth16.4
Wellness
Net Sales¥11,858 million
Year-on-year change in revenue9.6
Operating profit¥1,169 million
Year-on-year operating profit growth-16.2
Corporate Design
Net Sales¥5,418 million
Year-on-year change in revenue0.4
Operating profit¥744 million
Year-on-year operating profit growth2.1

Financial targets

Actual equity ratio: 50.6% (+1.2 percentage points from the end of the previous fiscal year). Target: Not disclosed

Number of stores and locations

Store openings during the periodOpened the first store in Taiwan

Capital expenditures

¥1,487 million

Contents of this document
Item	Details
Document type	Financial results presentation
Fiscal Period Covered	First quarter of the fiscal year ending February 2027 (FY2026)
Net Sales	¥63,466 million (YoY +5.5%)
Operating profit	¥5,647 million (YoY +5.5%)
Ordinary income	¥5,621 million (YoY +7.7%)
Net income	¥5,043 million (YoY +18.1%)
Gross Profit Margin	56.1%
Operating profit margin	8.9%
Selling, general and administrative expenses	¥29,959 million
Results for the three months of the current quarter	Net Sales ¥63,466 million / Operating profit ¥5,647 million / Ordinary income ¥5,621 million / Net income ¥5,043 million / EBITDA ¥7,032 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 ¥11,200 million / EBITDA ¥18,800 million
Segment results	Segment Fashion / Net Sales ¥50,621 million / Year-on-year change in revenue 5.7 / Operating profit ¥4,107 million / Year-on-year operating profit growth 16.4, Segment Wellness / Net Sales ¥11,858 million / Year-on-year change in revenue 9.6 / Operating profit ¥1,169 million / Year-on-year operating profit growth -16.2, Segment Corporate Design / Net Sales ¥5,418 million / Year-on-year change in revenue 0.4 / Operating profit ¥744 million / Year-on-year operating profit growth 2.1
Breakdown of Factors Affecting the Change	Factors Gain on sale of investment securities / Amount ¥1,389 million, Factors Decrease in impairment losses and other items / Amount Approximately ¥1.6 billion increase from the same period of the previous year, Factors Increase in personnel expenses / Amount ¥173 million, Factors Increase in rent expenses / Amount ¥124 million, Factors Increase in freight and transportation expenses / Amount ¥155 million, Factors Higher Advertising Expenses / Amount ¥197 million, Factors Decrease in depreciation and amortization / Amount ¥-65 million, Factors Increase in other SG&A / Amount ¥421 million
Key KPIs	Indicator name Onward Personal Style revenue year-on-year / Value 38.5 %, Indicator name Chacott revenue year-on-year / Value 16.4 %, Indicator name U.S. business revenue year-on-year / Value 82.5 %, Indicator name Asian business revenue year-on-year / Value 16.4 %, Indicator name Unfilo revenue year-on-year / Value 25.7 %, Indicator name KASHIYAMA revenue year-on-year / Value 38.5 %, Indicator name Chacott Cosmetics revenue year-on-year / Value 45.4 %, Indicator name Shirotan business revenue year-on-year / Value 104.9 %
Number of stores and locations	Number at period-end Not disclosed / Store openings during the period Opened the first store in Taiwan / Store closures during the period Not disclosed
Financial targets	Actual equity ratio: 50.6% (+1.2 percentage points from the end of the previous fiscal year). Target: Not disclosed
Capital expenditures	¥1,487 million
New initiatives	WEGO's overseas expansion into Taiwan and China, Launch of WEGO's own e-commerce site in Taiwan and opening of its first store in Taiwan, Opening 3 additional stores in Taiwan during the fiscal year, Planned opening of a street-front flagship store in Shanghai, China, Strengthening promotion of Chacott Cosmetics through television, the internet and other media, Business growth initiatives leveraging the Shirotan business's adaptation into a terrestrial television anime series

Items this document does not state (13)

Progress against full-year forecastSelf-assessment against the planUnit price and quantity metricsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsAnnual DividendPayout ratioAcquisition 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 increased due to higher sales at Onward Personal Style and Chacott, as well as in the U.S. and Asian businesses, strengthened digital marketing and promotional activities, and growth at directly operated stores and in e-commerce. Although the selling, general and administrative expense ratio declined due to more efficient store operations and other factors, the gross profit margin fell as a result of the early launch of summer merchandise and inventory optimization. Net income increased due to gains on the sale of investment securities and a decrease in impairment losses and other items.

How to read this page

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