Worth reading
69In focus
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
353
Millions of yen (year-on-year change in operating profit)Wording
Conditional
How definitive the wording is.Contents of this document
Supplementary materials to the earnings reportFirst quarter of the fiscal year ending February 20278 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥36,740 million+10.2%
Operating profit¥1,591 million+28.5%
Ordinary income¥1,567 million+21.8%
Net income¥1,036 million+21.9%
Gross Profit Margin23.1%
Operating profit margin4.3%
Selling, general and administrative expenses¥8,383 million
Full-year earnings forecast
Operating revenue
¥157,000 million
Net Sales
¥151,000 million
Gross profit
¥33,600 million
Operating profit
¥4,850 million
Ordinary income
¥4,700 million
Profit attributable to owners of the parent
¥3,100 million
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Gross profit margin is progressing above the 22.3% target for the fiscal year ending February 2027Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Increase in gross profit¥1,041 million
Increase in operating revenue¥118 million
Increase in personnel expenses¥-401 million
Increase in Advertising Expenses¥-87 million
Increase in logistics costs¥-67 million
Increase in rent¥-50 million
Higher Depreciation Expense¥-43 million
Increase in other costs¥-158 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Same-Store Revenue Growth+3.0%
New Store Openings5 locations
RenovationsRenovation costs for 5 stores
Expenses from InvestmentsAssumes an increase
New initiatives
- Announcement of a price freeze on private-label products
- Opening and renovating stores
- Events and sales commemorating the 100th anniversary of the company's founding
Key KPIsA metric the company considers important as a management benchmark.
Same-Store Sales
Above prior year
Year on year against the same period last year19 consecutive months
Number of Customers
On an upward trend
Year on year against the same period last year9 consecutive months
Private-brand product sales mix
22.2 %
Number of Stores at Period-End
59 Location
Segment results
Home Appliance Division
Net Sales¥4,578 million
Year on year against the same period last year+111.0%
Apparel Division
Net Sales¥1,870 million
Year on year against the same period last year+110.6%
Lifestyle Division
Net Sales¥5,282 million
Year on year against the same period last year+121.9%
Home Living Division
Net Sales¥3,362 million
Year on year against the same period last year+112.3%
HBC Division (health and beauty care)
Net Sales¥7,453 million
Year on year against the same period last year+112.8%
Food Division
Net Sales¥14,300 million
Year on year against the same period last year+104.5%
Other
Net Sales¥-107 million
Medium-term management plan targets
New Store Openings
25 Location
Target fiscal yearFiscal year ending February 2029
Private-brand sales mix
30 %
Target fiscal yearFiscal year ending February 2029
Number of stores and locations
Number of Stores at Period-End59 Location
Stores opened during the period1 Location
Store Closures During the Period0 Location
| Item | Details |
|---|---|
| Document type | Supplementary materials to the earnings report |
| Fiscal Period Covered | First quarter of the fiscal year ending February 2027 |
| Net Sales | ¥36,740 million (YoY +10.2%) |
| Operating profit | ¥1,591 million (YoY +28.5%) |
| Ordinary income | ¥1,567 million (YoY +21.8%) |
| Net income | ¥1,036 million (YoY +21.9%) |
| Gross Profit Margin | 23.1% |
| Operating profit margin | 4.3% |
| Selling, general and administrative expenses | ¥8,383 million |
| Full-year earnings forecast | Operating revenue ¥157,000 million / Net Sales ¥151,000 million / Gross profit ¥33,600 million / Operating profit ¥4,850 million / Ordinary income ¥4,700 million / Profit attributable to owners of the parent ¥3,100 million |
| Self-assessment against the plan | Gross profit margin is progressing above the 22.3% target for the fiscal year ending February 2027 |
| Segment results | Home Appliance Division Net Sales ¥4,578 million / Year on year against the same period last year ¥111 million / Apparel Division Net Sales ¥1,870 million / Year on year against the same period last year ¥110.6 million / Lifestyle Division Net Sales ¥5,282 million / Year on year against the same period last year ¥121.9 million / Home Living Division Net Sales ¥3,362 million / Year on year against the same period last year ¥112.3 million / HBC Division (health and beauty care) Net Sales ¥7,453 million / Year on year against the same period last year ¥112.8 million / Food Division Net Sales ¥14,300 million / Year on year against the same period last year ¥104.5 million / Other Net Sales ¥-107 million / Year on year against the same period last year Not disclosed |
| Breakdown of Factors Affecting the Change | Increase in gross profit ¥1,041 million / Increase in operating revenue ¥118 million / Increase in personnel expenses ¥-401 million / Increase in Advertising Expenses ¥-87 million / Increase in logistics costs ¥-67 million / Increase in rent ¥-50 million / Higher Depreciation Expense ¥-43 million / Increase in other costs ¥-158 million |
| Key KPIs | Same-Store Sales Above prior year / Number of Customers On an upward trend / Private-brand product sales mix 22.2 % / Number of Stores at Period-End 59 Location |
| Number of stores and locations | Number of Stores at Period-End 59 Location / Stores opened during the period 1 Location / Store Closures During the Period 0 Location |
| Assumptions Underlying the Business Outlook | Same-Store Revenue Growth +3.0% / New Store Openings 5 locations / Renovations Renovation costs for 5 stores / Expenses from Investments Assumes an increase |
| Medium-term management plan targets | New Store Openings 25 Location / Private-brand sales mix 30 % |
| New initiatives | Announcement of a price freeze on private-label products, Opening and renovating stores, Events and sales commemorating the 100th anniversary of the company's founding |
Items this document does not state (13)
Results for the three months of the current quarterProgress against full-year forecastUnit price and quantity metricsNumber of employeesRisk amount incorporated into the outlookFinancial 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.The increase in gross profit from strong sales of private-brand products, along with replacement demand for air conditioners and rush demand ahead of the price revision for Nintendo Switch 2, contributed to higher revenue. Meanwhile, personnel expenses, advertising expenses, logistics costs, rent and depreciation increased.
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.