Worth reading
51Recurring
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
-17.1
% (year-on-year change in operating income)Wording
Conditional
How definitive the wording is.Results for this period
Full year2023年1月1日〜2023年12月31日ConsolidatedJapanese GAAPNet Sales55,475¥ millionYear on year +1.4%Progress 97.3%
Operating profit3,069¥ millionYear on year -17.1%Progress 90.3%
Ordinary income3,578¥ millionYear on year -10.7%Progress 99.4%
Net income attributable to owners of the parent2,458¥ millionYear on year -7.7%Progress 98.3%
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 share333.49円
Operating Margin5.5%
Financial position at period-end
Total assets56,858¥ million
of which net assets 34,423 ¥ millionEquity ratio 60.5%vs. prior year-end +5.6pt
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+1,142
Investment-1,576
Financials-1,544
Net change-1,978
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¥7,323 million
Segment revenue
Japan23,78038.6%-0.9%
South Korea29,16447.3%+2.8%
Europe4,7277.7%+7.6%
Other overseas3400.6%-24.9%
Production and OEM business2,4494.0%+4.4%
Logistics1,1431.9%-4.3%
Food and Beverage Business60.0%
Segment profit
Japan1,818+2.6%
South Korea1,894-31.2%
Europe142+11.8%
Other overseas-49
Production and OEM business68+179.4%
Logistics22-52.1%
Food and Beverage Business-6
Regional sales
Japan24,30021.9%
South Korea29,10326.2%
Europe1,7321.6%
Hong Kong00.0%
China00.0%
United States3400.3%
Total55,47550.0%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥57,000 million (YoY +2.7%)
Operating profit¥3,400 million (YoY +10.8%)
Ordinary income¥3,600 million (YoY +0.6%)
Net income¥2,500 million (YoY +1.7%)
Annual Dividend Forecast¥80 → ¥100（25.0%）
Payout ratioFiscal year ended December 2023 25.2 % / 2024年12月期予想 31 %
Shareholder Return Policy配当性向30％以上、配当額の下限を調整後DOE2.0％とする方針
Factors Behind Changes in Business Performance
経済活動の正常化、店舗集客の回復、インバウンド消費の伸長により売上高が増加した一方、韓国の百貨店集客・売上高の減少、中国人観光客の売上回復の遅れ、EC売上高の減少などにより利益が減少した。EC事業の強化、店舗販売への注力、ブランド施策、不採算事業の終了にも取り組んだ。
Disclosure regarding the going concern assumption
No applicable matters.
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 Number of companies 4 / Company name ルック(H.K.)Ltd., 洛格（上海）商貿有限公司, Il Bisonte Asia Limited, Bisonte Italia Holding S.r.l.
Material subsequent eventsNo applicable matters.
Impairment loss¥117 million
Breakdown of extraordinary income (loss)Extraordinary income 関係会社貸倒引当金戻入額 ¥52 million, Reversal of asset retirement obligations ¥7 million, Other ¥7 million / Total extraordinary income ¥67 million / Extraordinary loss Impairment Losses ¥117 million, Impairment Losses on Shares of Affiliates ¥50 million, Losses on brand withdrawals ¥119 million, Other ¥16 million / Total extraordinary loss ¥304 million
Depreciation and amortization¥1,509 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results Briefing有（アナリスト、プレス向け）
Issued Shares at Period-End7,755,313株
Treasury Shares at Period-End364,783株
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 2023年1月1日〜2023年12月31日 |
| Net Sales | ¥55,475 million (YoY +1.4%) |
| Operating profit | ¥3,069 million (YoY -17.1%) |
| Ordinary income | ¥3,578 million (YoY -10.7%) |
| Profit attributable to owners of the parent | ¥2,458 million (YoY -7.7%) |
| Net income per share | 333.49円 |
| Operating Margin | 5.5% |
| Equity ratio | End of the current fiscal period 60.5% / End of previous period 54.9% |
| Total assets | ¥56,858 million |
| Net assets | ¥34,423 million |
| Cash flows from operating activities | ¥1,142 million |
| Cash flows from investing activities | ¥-1,576 million |
| Cash flows from financing activities | ¥-1,544 million |
| Cash and cash equivalents at end of period | ¥7,323 million |
| Full-year earnings forecast | Net Sales ¥57,000 million (YoY +2.7%) / Operating profit ¥3,400 million (YoY +10.8%) / Ordinary income ¥3,600 million (YoY +0.6%) / Net income ¥2,500 million (YoY +1.7%) |
| Annual Dividend Forecast | ¥80 → ¥100（25.0%） |
| Payout ratio | Fiscal year ended December 2023 25.2 % / 2024年12月期予想 31 % |
| Shareholder Return Policy | 配当性向30％以上、配当額の下限を調整後DOE2.0％とする方針 |
| Segment revenue | Japan ¥23,780 million (YoY -0.9%) / South Korea ¥29,164 million (YoY +2.8%) / Europe ¥4,727 million (YoY +7.6%) / Other overseas ¥340 million (YoY -24.9%) / Production and OEM business ¥2,449 million (YoY +4.4%) / Logistics ¥1,143 million (YoY -4.3%) / Food and Beverage Business ¥6 million |
| Segment profit | Japan ¥1,818 million (YoY +2.6%) / South Korea ¥1,894 million (YoY -31.2%) / Europe ¥142 million (YoY +11.8%) / Other overseas ¥-49 million / Production and OEM business ¥68 million (YoY +179.4%) / Logistics ¥22 million (YoY -52.1%) / Food and Beverage Business ¥-6 million |
| Regional sales | Japan ¥24,300 million / South Korea ¥29,103 million / Europe ¥1,732 million / Hong Kong ¥0 million / China ¥0 million / United States ¥340 million / Total ¥55,475 million |
| Depreciation and amortization | ¥1,509 million |
| Impairment loss | ¥117 million |
| Breakdown of extraordinary income (loss) | Extraordinary income 関係会社貸倒引当金戻入額 ¥52 million, Reversal of asset retirement obligations ¥7 million, Other ¥7 million / Total extraordinary income ¥67 million / Extraordinary loss Impairment Losses ¥117 million, Impairment Losses on Shares of Affiliates ¥50 million, Losses on brand withdrawals ¥119 million, Other ¥16 million / Total extraordinary loss ¥304 million |
| Disclosure regarding the going concern assumption | No applicable matters. |
| 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 Number of companies 4 / Company name ルック(H.K.)Ltd., 洛格（上海）商貿有限公司, Il Bisonte Asia Limited, Bisonte Italia Holding S.r.l. |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | 有（アナリスト、プレス向け） |
| Issued Shares at Period-End | 7,755,313株 |
| Treasury Shares at Period-End | 364,783株 |
| Factors Behind Changes in Business Performance | 経済活動の正常化、店舗集客の回復、インバウンド消費の伸長により売上高が増加した一方、韓国の百貨店集客・売上高の減少、中国人観光客の売上回復の遅れ、EC売上高の減少などにより利益が減少した。EC事業の強化、店舗販売への注力、ブランド施策、不採算事業の終了にも取り組んだ。 |
Items this document does not state (2)
Revision to Earnings ForecastOrders 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.経済活動の正常化、店舗集客の回復、インバウンド消費の伸長などにより売上高が増加しました。一方、韓国の百貨店集客・売上高の減少や中国人観光客の売上回復の遅れ、店舗集客の伸長に伴うEC売上高の減少などがありました。会社はEC事業の強化、店舗販売への注力、ブランド施策、不採算事業の終了などにも取り組んだとしています。
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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.