Worth reading
57In focus
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
-31.7
Year-on-year change in operating income (%)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAPNet Sales56,094¥ millionYear on year +0.9%Progress 39.6%
Operating profit4,756¥ millionYear on year -31.7%Progress 20.0%
Ordinary income7,691¥ millionYear on year -15.4%Progress 23.7%
Net income attributable to owners of the parent5,510¥ millionYear on year -18.9%
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 share¥40.28
Financial position at period-end
Total assets167,385¥ million
of which net assets 132,372 ¥ millionEquity ratio 78.3%vs. prior year-end +1.4pt
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+697
Investment-2,326
Financials-4,280
Net change-5,909
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¥45,181 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥141,500 million (YoY +2.9%)
Operating profit¥23,800 million (YoY -8.0%)
Ordinary income¥32,500 million (YoY -4.1%)
Profit attributable to owners of the parent¥24,300 million (YoY +0.9%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥141,500 million（-2.7%） / Operating profit Not disclosed → ¥23,800 million（-8.8%） / Ordinary income Not disclosed → ¥32,500 million（-4.7%） / Profit attributable to owners of the parent Not disclosed → ¥24,300 million（-5.1%）
Annual Dividend ForecastFiscal year ending March 2026 actual: Annual total — (¥174 on a pre-stock-split basis) → ¥70
Factors Behind Changes in Business Performance
Results were weighed down by unsettled weather, slower inbound demand, a delayed start to demand for autumn merchandise, delivery delays for certain products and lower orders from wholesale customers, while revenue from directly operated stores and the company's own e-commerce business exceeded the year-earlier level.
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 / Name of new company Not disclosed / Name of excluded company Not disclosed
Impairment loss¥10 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of property, plant and equipment ¥2 million / Extraordinary loss Loss on disposal of fixed assets ¥2 million, Impairment Losses ¥10 million, Loss on lease cancellation ¥19 million, Store Closure Losses ¥62 million, Business Exit Losses ¥14 million, Other ¥0 million
Depreciation and amortization¥868 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Institutional investors and securities analysts
Issued Shares at Period-End142,344,516
Treasury Shares at Period-End5,475,266
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥56,094 million (YoY +0.9%) |
| Operating profit | ¥4,756 million (YoY -31.7%) |
| Ordinary income | ¥7,691 million (YoY -15.4%) |
| Profit attributable to owners of the parent | ¥5,510 million (YoY -18.9%) |
| Net income per share | ¥40.28 |
| Equity ratio | End of the current fiscal period 78.3 / End of previous period 76.9 |
| Total assets | ¥167,385 million |
| Net assets | ¥132,372 million |
| Cash flows from operating activities | ¥697 million |
| Cash flows from investing activities | ¥-2,326 million |
| Cash flows from financing activities | ¥-4,280 million |
| Cash and cash equivalents at end of period | ¥45,181 million |
| Full-year earnings forecast | Net Sales ¥141,500 million (YoY +2.9%) / Operating profit ¥23,800 million (YoY -8.0%) / Ordinary income ¥32,500 million (YoY -4.1%) / Profit attributable to owners of the parent ¥24,300 million (YoY +0.9%) |
| Revision to Earnings Forecast | Net Sales Not disclosed → ¥141,500 million（-2.7%） / Operating profit Not disclosed → ¥23,800 million（-8.8%） / Ordinary income Not disclosed → ¥32,500 million（-4.7%） / Profit attributable to owners of the parent Not disclosed → ¥24,300 million（-5.1%） |
| Annual Dividend Forecast | Fiscal year ending March 2026 actual: Annual total — (¥174 on a pre-stock-split basis) → ¥70 |
| Depreciation and amortization | ¥868 million |
| Impairment loss | ¥10 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of property, plant and equipment ¥2 million / Extraordinary loss Loss on disposal of fixed assets ¥2 million, Impairment Losses ¥10 million, Loss on lease cancellation ¥19 million, Store Closure Losses ¥62 million, Business Exit Losses ¥14 million, Other ¥0 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 / Name of new company Not disclosed / Name of excluded company Not disclosed |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Institutional investors and securities analysts |
| Issued Shares at Period-End | 142,344,516 |
| Treasury Shares at Period-End | 5,475,266 |
| Factors Behind Changes in Business Performance | Results were weighed down by unsettled weather, slower inbound demand, a delayed start to demand for autumn merchandise, delivery delays for certain products and lower orders from wholesale customers, while revenue from directly operated stores and the company's own e-commerce business exceeded the year-earlier level. |
Items this document does not state (8)
Operating MarginPayout ratioShareholder Return PolicySegment revenueSegment profitRegional 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.Because first-half results fell below the initial plan due to unsettled weather, slower inbound demand, a delayed start to demand for autumn merchandise and delivery delays for certain products, the shortfall was deducted from the full-year forecast.
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.