Revised forecast
Fiscal year ending February 2026 · Full yearPrevious forecast published 9 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.
Discounting resulting from higher inventory due to sales falling short of plan, the acceleration of planned price reductions in response to intense market price-cutting competition, a decline in customer traffic at existing stores because promotional initiatives did not generate short-term store visits, and the reversal of approximately ¥500 million in deferred tax assets.
| Item | Details |
|---|---|
| Net Sales | Consolidated 81,850 / Individual 79,400 → Consolidated 81,377 / Individual 78,934(Consolidated -0.6 / Individual -0.6) |
| Operating profit | Consolidated 1,700 / Individual Not disclosed → Consolidated 1,090 / Individual Not disclosed(Consolidated -35.8 / Individual Not disclosed) |
| Ordinary income | Consolidated 1,950 / Individual 1,600 → Consolidated 1,508 / Individual 1,144(Consolidated -22.7 / Individual -28.5) |
| Profit attributable to owners of the parent | Consolidated 1,000 / Individual 750 → Consolidated 237 / Individual 14(Consolidated -76.2 / Individual -98) |
| Net income per share | Consolidated 29.07 / Individual 21.81 → Consolidated 6.91 / Individual 0.43 |
| Fiscal Period Covered | Fiscal year ending February 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 9 October 2025 |
| Previous-period results | Consolidated Net Sales 91,835 / Operating profit 2,193 / Ordinary income 2,566 / Profit attributable to owners of the parent 2,923 / Net income per share 83.11 / Individual Net Sales 80,060 / Ordinary income 3,152 / Net income for the current fiscal year 2,832 / Net income per share 80.52 |
| Reason for the revision | Discounting resulting from higher inventory due to sales falling short of plan, the acceleration of planned price reductions in response to intense market price-cutting competition, a decline in customer traffic at existing stores because promotional initiatives did not generate short-term store visits, and the reversal of approximately ¥500 million in deferred tax assets. |
| Consolidated / non-consolidated | Consolidated/non-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.Discounting associated with higher inventory resulting from sales falling short of plan, the acceleration of planned price reductions in response to market price-cutting competition, and a decline in customer traffic because promotional initiatives did not generate short-term store visits weighed on results. In addition, approximately ¥500 million in deferred tax assets was reversed and recorded as an adjustment to income taxes.