Revised forecast
Fiscal year ending February 2029 · Full yearPrevious forecast published 11 April 2024The bar length represents the relative magnitude of change, based on the item that changed the most in this document.
While initiatives at existing stores are progressing as planned, the pace of new store openings is expected to be slower than initially planned due to changes in the store-opening environment, including higher construction costs. The company will prioritise strengthening its earnings base centred on existing stores and carefully select projects expected to generate a return on investment.
| Item | Details |
|---|---|
| Net Sales | ¥2,000 100 million → ¥1,850 100 million(-7.5%) |
| Operating profit | ¥100 100 million → ¥83 100 million(-17.0%) |
| Fiscal Period Covered | Fiscal year ending February 2029 |
| Period Covered | Full year |
| Publication date of previous forecast | 11 April 2024 |
| Reason for the revision | While initiatives at existing stores are progressing as planned, the pace of new store openings is expected to be slower than initially planned due to changes in the store-opening environment, including higher construction costs. The company will prioritise strengthening its earnings base centred on existing stores and carefully select projects expected to generate a return on investment. |
Items this document does not state (7)
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.While initiatives at existing stores are progressing as planned, the pace of new store openings is expected to be slower than initially planned due to changes in the store-opening environment, including higher construction costs. The company says it will prioritise its earnings base at existing stores and carefully select projects expected to generate a return on investment.