Worth reading
50Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Deterioration
Direction inferred from the company’s description.Scale
93
Millions of yen (year-on-year change in operating profit)Wording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationFirst quarter of the fiscal year ending February 20277 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥2,195 million-8.9%
Operating profit¥56 million-62.3%
Ordinary income¥74 million-59.3%
Net income¥45 million-74.1%
Selling, general and administrative expenses¥1,356 million
Gross Profit Margin
Rate64.4%
Year-on-year change (points)△0.2pt
Operating profit margin
Rate2.6%
Year-on-year change (points)△3.6pt
Results for the three months of the current quarter
Net SalesNet sales: ¥2,195 million; operating income: ¥56 million; ordinary income: ¥74 million; net income: ¥45 million (first quarter of the fiscal year ending February 2027)
Full-year earnings forecast
Net Sales
¥8,700 million
Operating profit
¥60 million
Ordinary income
¥200 million
Net income for the current fiscal year
¥130 million
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Advertising expenses¥-3 million
- Personnel expenses¥-20 million
- Rent and lease expenses¥-6 million
- Depreciation¥1 million
- Other expenses¥-20 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
- Year-on-year same-store performance100.8%
- New Store Openings1 store
- Store closures1 store
- Gross profit margin63.4%
- Selling, general and administrative expenses102% of previous year
New initiatives
- Strengthening promotional activities for members
- Increase in depreciation and amortization associated with IT investments
- Introduction of a new accounting system
Key KPIsA metric the company considers important as a management benchmark.
- Growth rate91.1 %Year on year against the same period last year+0.3pt
- E-commerce penetration rate5.4 %Year on year against the same period last year△5.7pt
- Existing-store revenue92.0 % year on year
- Same-store e-commerce sales45.1 % year on year
- Same-store sales at brick-and-mortar stores97.9 % year on year
Unit price and quantity metricsThese figures show sales broken down by price and volume.
The presentation includes trends in same-store year-on-year performance for sales, number of customers and average spending per customer.Number of stores and locations
Stores opened during the period1
Stores closed during the period1
Number of employees
Number of Employees273 People employees
| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | First quarter of the fiscal year ending February 2027 |
| Net Sales | ¥2,195 million (YoY -8.9%) |
| Operating profit | ¥56 million (YoY -62.3%) |
| Ordinary income | ¥74 million (YoY -59.3%) |
| Net income | ¥45 million (YoY -74.1%) |
| Gross Profit Margin | Rate 64.4% / Year-on-year change (points) △0.2pt |
| Operating profit margin | Rate 2.6% / Year-on-year change (points) △3.6pt |
| Selling, general and administrative expenses | ¥1,356 million |
| Results for the three months of the current quarter | Net Sales Net sales: ¥2,195 million; operating income: ¥56 million; ordinary income: ¥74 million; net income: ¥45 million (first quarter of the fiscal year ending February 2027) |
| Full-year earnings forecast | Net Sales ¥8,700 million / Operating profit ¥60 million / Ordinary income ¥200 million / Net income for the current fiscal year ¥130 million |
| Breakdown of Factors Affecting the Change | Factors Advertising expenses / Amount ¥-3 million, Factors Personnel expenses / Amount ¥-20 million, Factors Rent and lease expenses / Amount ¥-6 million, Factors Depreciation / Amount ¥1 million, Factors Other expenses / Amount ¥-20 million |
| Key KPIs | Indicator name Growth rate / Value 91.1 % / Year on year against the same period last year +0.3pt, Indicator name E-commerce penetration rate / Value 5.4 % / Year on year against the same period last year △5.7pt, Indicator name Existing-store revenue / Value 92.0 % year on year / Year on year against the same period last year Not disclosed, Indicator name Same-store e-commerce sales / Value 45.1 % year on year / Year on year against the same period last year Not disclosed, Indicator name Same-store sales at brick-and-mortar stores / Value 97.9 % year on year / Year on year against the same period last year Not disclosed |
| Unit price and quantity metrics | The presentation includes trends in same-store year-on-year performance for sales, number of customers and average spending per customer. |
| Number of stores and locations | Number at period-end Not disclosed / Stores opened during the period 1 / Stores closed during the period 1 |
| Number of employees | Number of Employees 273 People (employees) / Changes during the period and hiring plan Not disclosed |
| Assumptions Underlying the Business Outlook | Item Year-on-year same-store performance / Value 100.8%, Item New Store Openings / Value 1 store, Item Store closures / Value 1 store, Item Gross profit margin / Value 63.4%, Item Selling, general and administrative expenses / Value 102% of previous year |
| New initiatives | Strengthening promotional activities for members, Increase in depreciation and amortization associated with IT investments, Introduction of a new accounting system |
Items this document does not state (13)
Progress against full-year forecastSelf-assessment against the planSegment resultsRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders 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.Net sales declined due to weak performance in suits, cut-and-sew apparel and other categories, as well as a review of the scale of the e-commerce business. SG&A expenses were reduced through rigorous cost control, but not enough to offset the decline in sales, resulting in lower profits at each stage.
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.