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Revision of earnings forecasts8219AOYAMA TRADING Co.,Ltd.Retail

Notice Regarding Differences Between Forecast and Actual Results and Dividend of Surplus

For the fiscal year ending March 2026, consolidated and non-consolidated net sales and all profit figures fell below the published forecasts. The year-end dividend has been set at ¥81 per share, in line with the latest forecast, bringing the annual dividend to ¥136 per share.

Worth reading
64In 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
-41.5
% (forecast variance for non-consolidated operating profit)
Wording
Definitive
How definitive the wording is.

Revised forecast

Fiscal year ending March 2026 · Full yearPrevious forecast published 11 November 2025
Net Sales197,000→189,011million
-4.1%
Operating profit14,000→10,588million
-24.4%
Ordinary income14,000→10,919million
-22.0%
Profit attributable to owners of the parent9,500→6,918million
-27.2%
Net income per share65.21→47.95yen
-26.5%

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

Officewear became more casual at a faster-than-expected pace, reducing the number of suits, formalwear and other items sold. Although the company worked to use expenses efficiently, it was unable to offset the impact of lower net sales. Consolidated results also fell below forecast, primarily due to the downturn in non-consolidated results.

Previous-period resultsConsolidated: net sales of ¥195,714 million, operating profit of ¥12,573 million, ordinary profit of ¥12,628 million, net income attributable to owners of the parent of ¥9,397 million, and net income per share of ¥63.44. Non-consolidated: net sales of ¥131,015 million, operating profit of ¥8,826 million, ordinary profit of ¥9,842 million, net income of ¥8,452 million, and net income per share of ¥57.06.
Dividend forecast revisionThe year-end dividend is ¥81 per share, in line with the latest forecast, with no change. Including the interim dividend of ¥55, the annual dividend will be ¥136 per share.
Consolidated / non-consolidatedConsolidated/non-consolidated
Revised forecast
ItemDetails
Net Sales¥197,000 million → ¥189,011 million(-4.1%)
Operating profit¥14,000 million → ¥10,588 million(-24.4%)
Ordinary income¥14,000 million → ¥10,919 million(-22.0%)
Profit attributable to owners of the parent¥9,500 million → ¥6,918 million(-27.2%)
Net income per share65.21 yen → 47.95 yen
Fiscal Period CoveredFiscal year ending March 2026
Period CoveredFull year
Publication date of previous forecast11 November 2025
Previous-period resultsConsolidated: net sales of ¥195,714 million, operating profit of ¥12,573 million, ordinary profit of ¥12,628 million, net income attributable to owners of the parent of ¥9,397 million, and net income per share of ¥63.44. Non-consolidated: net sales of ¥131,015 million, operating profit of ¥8,826 million, ordinary profit of ¥9,842 million, net income of ¥8,452 million, and net income per share of ¥57.06.
Reason for the revisionOfficewear became more casual at a faster-than-expected pace, reducing the number of suits, formalwear and other items sold. Although the company worked to use expenses efficiently, it was unable to offset the impact of lower net sales. Consolidated results also fell below forecast, primarily due to the downturn in non-consolidated results.
Dividend forecast revisionThe year-end dividend is ¥81 per share, in line with the latest forecast, with no change. Including the interim dividend of ¥55, the annual dividend will be ¥136 per share.
Consolidated / non-consolidatedConsolidated/non-consolidated
Items this document does not state (1)
Details and amount of extraordinary loss

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.

Officewear became more casual at a faster-than-expected pace, reducing the number of suits, formalwear and other core items sold. Although the company worked to use expenses efficiently, it was unable to offset the impact of lower net sales, resulting in lower-than-forecast profit. Consolidated results also fell below forecast, primarily due to this non-consolidated factor.

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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 Forecast and Actual Results and Dividend of Surplus | AOYAMA TRADING Co.,Ltd. (8219) timely disclosure | Komori