Revised forecast
Fiscal year ending December 2026 · Second quarter (interim period) and full yearPrevious forecast published 13 May 2026The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.
In the domestic business, the core imported brands performed steadily, supported by an aggressive store-opening policy and other measures. In the overseas business, the final sale in South Korea performed strongly, and customer traffic at department stores increased from April onward, particularly among affluent domestic consumers and inbound visitors, resulting in steady performance by existing brands. The retail business in Italy also grew significantly by capturing tourist demand. While higher net sales increased gross profit, some costs associated with the head office relocation were incurred. For the full year, the revisions reflect interim-period results exceeding the forecast, while forecast net income attributable to owners of the parent was unchanged due to the recognition of costs associated with the head office relocation and other factors.
| Item | Details |
|---|---|
| Net Sales | Second quarter (interim period) 23,000 / Full year 46,000 → Second quarter (interim period) 24,200 / Full year 47,000（Second quarter (interim period) 5.2 / Full year 2.2） |
| Operating profit | Second quarter (interim period) 1,000 / Full year 1,700 → Second quarter (interim period) 1,100 / Full year 1,900（Second quarter (interim period) 10 / Full year 11.8） |
| Ordinary income | Second quarter (interim period) 1,100 / Full year 2,000 → Second quarter (interim period) 1,300 / Full year 2,200（Second quarter (interim period) 18.2 / Full year 10） |
| Profit attributable to owners of the parent | Second quarter (interim period) 650 / Full year 1,600 → Second quarter (interim period) 900 / Full year 1,600（Second quarter (interim period) 38.5 / Full year 0） |
| Net income per share | Second quarter (interim period) 86.76 / Full year 213.8 → Second quarter (interim period) 120.09 / Full year 213.11 |
| Fiscal Period Covered | Fiscal year ending December 2026 |
| Period Covered | Second quarter (interim period) and full year |
| Publication date of previous forecast | 13 May 2026 |
| Previous-period results | Second quarter (interim period) Net Sales ¥24,284 million and yen/sen / Operating profit ¥819 million and yen/sen / Ordinary income ¥1,019 million and yen/sen / Interim net income attributable to owners of the parent ¥538 million and yen/sen / Interim net income per share ¥72.3 million and yen/sen / Full year Net Sales ¥52,117 million and yen/sen / Operating profit ¥1,759 million and yen/sen / Ordinary income ¥2,086 million and yen/sen / Profit attributable to owners of the parent ¥1,474 million and yen/sen / Net income per share ¥197.62 million and yen/sen |
| Reason for the revision | In the domestic business, the core imported brands performed steadily, supported by an aggressive store-opening policy and other measures. In the overseas business, the final sale in South Korea performed strongly, and customer traffic at department stores increased from April onward, particularly among affluent domestic consumers and inbound visitors, resulting in steady performance by existing brands. The retail business in Italy also grew significantly by capturing tourist demand. While higher net sales increased gross profit, some costs associated with the head office relocation were incurred. For the full year, the revisions reflect interim-period results exceeding the forecast, while forecast net income attributable to owners of the parent was unchanged due to the recognition of costs associated with the head office relocation and other factors. |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (2)
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.For the interim period, net sales exceeded the forecast because the company’s core imported brands performed steadily in Japan, the final sale in South Korea and increased customer traffic at department stores, and the company captured tourist demand in Italy. Profit forecasts were revised in light of the increase in gross profit resulting from higher net sales, as well as the incurrence of some costs related to the head office relocation. For the full year, the revisions reflect interim-period results exceeding the forecast, while forecast net income attributable to owners of the parent was unchanged due to the recognition of costs associated with the head office relocation and other factors.