Revised forecast
Fiscal year ending August 2026 · Cumulative second quarter and full yearPrevious forecast published 10 October 2025The 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.
The company overreacted in preparing for summer merchandise based on expectations of extremely hot weather and a prolonged hot spell, which also affected autumn merchandise. In particular, weak sales during the October selling season affected sales and profit. Although the company sought to recover from November onward, the cumulative second-quarter results are expected to fall below plan. For the full year, while uncertainties remain, including unpredictable weather, yen depreciation associated with geopolitical risks, and the impact of higher prices on personal consumption, the forecasts were left unchanged based on the strong initial sales of spring merchandise and the company’s focus on issues under its medium-term vision.
| Item | Details |
|---|---|
| Net Sales | Consolidated / cumulative second quarter 10,700 / Consolidated - full year 20,500 / Non-consolidated / cumulative second quarter 10,700 / Non-consolidated - full year 20,500 → Consolidated / cumulative second quarter 10,400 / Consolidated - full year 20,500 / Non-consolidated / cumulative second quarter 10,400 / Non-consolidated - full year 20,500(Consolidated / cumulative second quarter -2.8 / Consolidated - full year 0 / Non-consolidated / cumulative second quarter -2.8 / Non-consolidated - full year 0) |
| Operating profit | Consolidated / cumulative second quarter 85 / Consolidated - full year 180 → Consolidated / cumulative second quarter -50 / Consolidated - full year 180(Consolidated / cumulative second quarter Not disclosed / Consolidated - full year 0) |
| Ordinary income | Consolidated / cumulative second quarter 130 / Consolidated - full year 270 / Non-consolidated / cumulative second quarter 115 / Non-consolidated - full year 240 → Consolidated / cumulative second quarter 30 / Consolidated - full year 270 / Non-consolidated / cumulative second quarter 12 / Non-consolidated - full year 240(Consolidated / cumulative second quarter -76.9 / Consolidated - full year 0 / Non-consolidated / cumulative second quarter -89.6 / Non-consolidated - full year 0) |
| Profit attributable to owners of the parent | Consolidated / cumulative second quarter 90 / Consolidated - full year 200 → Consolidated / cumulative second quarter 75 / Consolidated - full year 200(Consolidated / cumulative second quarter -16.7 / Consolidated - full year 0) |
| Net income per share | Consolidated / cumulative second quarter 4.4 / Consolidated - full year 9.77 / Non-consolidated / cumulative second quarter 3.91 / Non-consolidated - full year 8.79 → Consolidated / cumulative second quarter 3.67 / Consolidated - full year 9.77 / Non-consolidated / cumulative second quarter 3.42 / Non-consolidated - full year 8.79 |
| Fiscal Period Covered | Fiscal year ending August 2026 |
| Period Covered | Cumulative second quarter and full year |
| Publication date of previous forecast | 10 October 2025 |
| Previous-period results | Consolidated · second quarter Sales ¥10,539 million, operating profit ¥38 million, ordinary profit ¥103 million, interim net income attributable to owners of the parent ¥75 million, interim net income per share ¥3.65 / Consolidated - full year Sales ¥19,444 million, operating loss ¥201 million, ordinary loss ¥62 million, net income attributable to owners of the parent ¥143 million, net income per share ¥6.97 / Non-consolidated · second quarter Sales ¥10,539 million, ordinary profit ¥102 million, interim net income ¥82 million, interim net income per share ¥3.99 / Non-consolidated - full year Sales ¥19,444 million, ordinary loss ¥96 million, net income ¥128 million, net income per share ¥6.25 |
| Reason for the revision | The company overreacted in preparing for summer merchandise based on expectations of extremely hot weather and a prolonged hot spell, which also affected autumn merchandise. In particular, weak sales during the October selling season affected sales and profit. Although the company sought to recover from November onward, the cumulative second-quarter results are expected to fall below plan. For the full year, while uncertainties remain, including unpredictable weather, yen depreciation associated with geopolitical risks, and the impact of higher prices on personal consumption, the forecasts were left unchanged based on the strong initial sales of spring merchandise and the company’s focus on issues under its medium-term vision. |
| Dividend forecast revision | No revision ("There is no revision to the dividend forecast") |
| Consolidated / non-consolidated | Consolidated / non-consolidated (standalone) |
Items this document does not state (1)
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.The company overreacted in preparing for summer merchandise based on expectations of extremely hot weather and a prolonged hot spell, which also affected autumn merchandise. In particular, weak sales during the October selling season pushed down sales and profit. For the full year, the forecasts were left unchanged based on the strong initial sales of spring merchandise and the company’s focus on issues under its medium-term vision.