Komori
Earnings8217OKUWA CO.,LTD.Retail

Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending February 2027 (Japanese GAAP) (Consolidated)

Interim operating revenue decreased 1.0% year on year, and operating profit turned from a profit into an operating loss of ¥57 million. Ordinary profit also fell significantly, and interim net income attributable to owners of the parent was a loss.

Worth reading
43Recurring
Scored from 5 of 6 sections
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-636
Millions of yen (year-on-year change in operating profit)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)21 February 2026–20 August 2026ConsolidatedJapanese GAAP
Net Sales123,227¥ millionYear on year -1.0%Progress 49.1%
Operating profit-57¥ million
Ordinary income13¥ millionYear on year -98.0%Progress 1.0%
Net income attributable to owners of the parent-187¥ million

The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.

Net income per share-¥4.60
Financial position at period-end
Total assets130,383¥ million
of which net assets 74,103 ¥ millionEquity ratio 56.6%vs. prior year-end -0.9pt

塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.

Cash inflows and outflows
Operating+3,471
Investment-1,785
Financials-2,634
Net change-948

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.

Cash and cash equivalents at end of period¥10,049 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥250,800 million (YoY -0.7%)
Operating profit¥1,300 million (YoY -30.8%)
Ordinary income¥1,300 million (YoY -34.1%)
Profit attributable to owners of the parent¥50 million (YoY -81.1%)
Revision to Earnings ForecastNo revision
Annual Dividend Forecast¥26 → ¥26(0.0%)
Factors Behind Changes in Business Performance

Profit was pressured by earnings declines at consolidated subsidiaries and weak sales in the core supermarket business, where customer numbers fell below the prior-year level amid consumers' greater focus on saving, among other factors.

Disclosure regarding the going concern assumption

No applicable matters.

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew — companies / Excluded — companies / Company name Not disclosed
Impairment lossCurrent period: — (none recorded)
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥1 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥98 million, Loss on cancellation of lease agreements ¥1 million, Other ¥1 million
Depreciation and amortization¥3,033 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and financial analysts)
Issued Shares at Period-End41,937,297
Treasury Shares at Period-End1,233,817
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered21 February 2026–20 August 2026
Net Sales¥123,227 million (YoY -1.0%)
Operating profit¥-57 million
Ordinary income¥13 million (YoY -98.0%)
Profit attributable to owners of the parent¥-187 million
Net income per share-¥4.60
Equity ratioEnd of the current fiscal period 56.6 / End of previous period 57.5
Total assets¥130,383 million
Net assets¥74,103 million
Cash flows from operating activities¥3,471 million
Cash flows from investing activities¥-1,785 million
Cash flows from financing activities¥-2,634 million
Cash and cash equivalents at end of period¥10,049 million
Full-year earnings forecastNet Sales ¥250,800 million (YoY -0.7%) / Operating profit ¥1,300 million (YoY -30.8%) / Ordinary income ¥1,300 million (YoY -34.1%) / Profit attributable to owners of the parent ¥50 million (YoY -81.1%)
Revision to Earnings ForecastNo revision
Annual Dividend Forecast¥26 → ¥26(0.0%)
Depreciation and amortization¥3,033 million
Impairment lossCurrent period: — (none recorded)
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥1 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥98 million, Loss on cancellation of lease agreements ¥1 million, Other ¥1 million
Disclosure regarding the going concern assumptionNo applicable matters.
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNew — companies / Excluded — companies / Company name Not disclosed
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and financial analysts)
Issued Shares at Period-End41,937,297
Treasury Shares at Period-End1,233,817
Factors Behind Changes in Business PerformanceProfit was pressured by earnings declines at consolidated subsidiaries and weak sales in the core supermarket business, where customer numbers fell below the prior-year level amid consumers' greater focus on saving, among other factors.
Items this document does not state (8)
Operating MarginPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesOrders received and order backlogMaterial subsequent events

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 food service subsidiary posted higher revenue due to new store openings, but profit declined as store-opening expenses increased. The subsidiary engaged in the processing and delivery of agricultural products and other goods also saw profit decline due to lower volumes handled and soaring purchase prices. In the core supermarket business, customer numbers fell below the prior-year level amid consumers' greater focus on saving, among other factors, while weak sales put pressure on profit.

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Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending February 2027 (Japanese GAAP) (Consolidated) | OKUWA CO.,LTD. (8217) timely disclosure | Komori