Komori
Revision of earnings forecasts8185CHIYODA CO.,LTD.Retail

Notice Regarding Differences Between the Consolidated and Non-Consolidated Full-Year Earnings Forecasts for the Fiscal Year Ending February 2026 and Actual Results

Full-year actual results for the fiscal year ending February 2026 were below the forecasts announced on 9 October 2025. While the shortfall in consolidated net sales was minor, operating income declined 35.8% and net income attributable to owners of the parent declined 76.2%.

Worth reading
61In focus
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
-762
¥ million
Wording
Definitive
How definitive the wording is.

Revised forecast

Fiscal year ending February 2026 · Full yearPrevious forecast published 9 October 2025
Net SalesConsolidated81,850→81,377million
-0.6%
Net SalesIndividual79,400→78,934million
-0.6%
Operating profitConsolidated1,700→1,090million
-35.8%
Operating profitIndividual—→—million
—
Ordinary incomeConsolidated1,950→1,508million
-22.7%
Ordinary incomeIndividual1,600→1,144million
-28.5%
Profit attributable to owners of the parentConsolidated1,000→237million
-76.2%
Profit attributable to owners of the parentIndividual750→14million
-98.0%
Net income per shareConsolidated29.07→6.91
-76.2%
Net income per shareIndividual21.81→0.43
-98.0%

The 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.

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.

Previous-period resultsConsolidated 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
Consolidated / non-consolidatedConsolidated/non-consolidated
Revised forecast
ItemDetails
Net SalesConsolidated 81,850 / Individual 79,400 → Consolidated 81,377 / Individual 78,934(Consolidated -0.6 / Individual -0.6)
Operating profitConsolidated 1,700 / Individual Not disclosed → Consolidated 1,090 / Individual Not disclosed(Consolidated -35.8 / Individual Not disclosed)
Ordinary incomeConsolidated 1,950 / Individual 1,600 → Consolidated 1,508 / Individual 1,144(Consolidated -22.7 / Individual -28.5)
Profit attributable to owners of the parentConsolidated 1,000 / Individual 750 → Consolidated 237 / Individual 14(Consolidated -76.2 / Individual -98)
Net income per shareConsolidated 29.07 / Individual 21.81 → Consolidated 6.91 / Individual 0.43
Fiscal Period CoveredFiscal year ending February 2026
Period CoveredFull year
Publication date of previous forecast9 October 2025
Previous-period resultsConsolidated 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 revisionDiscounting 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-consolidatedConsolidated/non-consolidated
Items this document does not state (2)
Details and amount of extraordinary lossDividend forecast revision

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.

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.
Notice Regarding Differences Between the Consolidated and Non-Consolidated Full-Year Earnings Forecasts for the Fiscal Year Ending February 2026 and Actual Results | CHIYODA CO.,LTD. (8185) timely disclosure | Komori