Komori
Earnings9270Valuence Holdings Inc.Trading & Wholesale

Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending August 2026 [Japanese GAAP] (Consolidated)

For the interim period of the fiscal year ending August 2026, revenue increased 27.3% year on year and operating profit increased 408.9%, resulting in a substantial improvement in earnings. Based on interim results, the full-year earnings forecast was revised, and the annual dividend forecast was changed from ¥10 for the previous fiscal year to ¥45.

Worth reading
62In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
408.9
% (year-on-year change in operating income)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 September 2025–28 February 2026ConsolidatedJapanese GAAP
Net Sales51,970¥ millionYear on year +27.3%Progress 49.0%
Operating profit3,554¥ millionYear on year +408.9%Progress 64.6%
Ordinary income3,454¥ millionYear on year +415.8%Progress 65.7%
Net income attributable to owners of the parent2,252¥ millionYear on year +694.2%

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¥170.82
Financial position at period-end
Total assets38,894,993¥ thousand
of which net assets 9,703,655 ¥ thousandEquity ratio 24.2%vs. prior year-end +0.4pt

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-1,387,292
Investment-687,702
Financials+4,647,230
Net change+2,572,236

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).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¥7,913,954 thousand
Regional salesPeriod Covered 1 December 2025 to 28 February 2026 / List Region Domestic / Net Sales ¥21,925 million / yoy_pct ¥27.8 million, Region Overseas expansion / Net Sales ¥5,516 million / yoy_pct ¥13.9 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥106,000 million (YoY +24.9%)
Operating profit¥5,500 million (YoY +278.3%)
Ordinary income¥5,260 million (YoY +299.8%)
Profit attributable to owners of the parent¥3,000 million (YoY +339.9%)
Revision to Earnings ForecastNot disclosed → Net Sales 106,000 / Operating profit 5,500 / Ordinary income 5,260 / Profit attributable to owners of the parent 3,000
Annual Dividend Forecast¥10.00 → ¥45.00(350.0%)
Factors Behind Changes in Business Performance

The rise in bullion prices, strong purchases at なんぼや, growth in alliances and overseas sourcing, particularly in Southeast Asia, expanded sales across channels against a backdrop of beginning inventory and strong sourcing. Retail initiatives, including seamless listings, cross-border e-commerce, and LINE-based measures, as well as inbound demand, also contributed to results.

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 0 companies / Excluded 0 companies / Company name None
Impairment loss¥5,531 thousand
Breakdown of extraordinary income (loss)Extraordinary income Gain on reversal of subscription rights to shares ¥34,417 thousand / Extraordinary loss Impairment Losses ¥5,531 thousand
Depreciation and amortization¥717,677 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingHeld (対象者:Not disclosed)
Issued Shares at Period-End13,926,360 Shares
Treasury Shares at Period-End752,480 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 September 2025–28 February 2026
Net Sales¥51,970 million (YoY +27.3%)
Operating profit¥3,554 million (YoY +408.9%)
Ordinary income¥3,454 million (YoY +415.8%)
Profit attributable to owners of the parent¥2,252 million (YoY +694.2%)
Net income per share¥170.82
Equity ratioEnd of the current fiscal period 24.2% / End of previous period 23.8%
Total assets¥38,894,993 thousand
Net assets¥9,703,655 thousand
Cash flows from operating activities¥-1,387,292 thousand
Cash flows from investing activities¥-687,702 thousand
Cash flows from financing activities¥4,647,230 thousand
Cash and cash equivalents at end of period¥7,913,954 thousand
Full-year earnings forecastNet Sales ¥106,000 million (YoY +24.9%) / Operating profit ¥5,500 million (YoY +278.3%) / Ordinary income ¥5,260 million (YoY +299.8%) / Profit attributable to owners of the parent ¥3,000 million (YoY +339.9%)
Revision to Earnings ForecastNot disclosed → Net Sales 106,000 / Operating profit 5,500 / Ordinary income 5,260 / Profit attributable to owners of the parent 3,000
Annual Dividend Forecast¥10.00 → ¥45.00(350.0%)
Regional salesPeriod Covered 1 December 2025 to 28 February 2026 / List Region Domestic / Net Sales ¥21,925 million / yoy_pct ¥27.8 million, Region Overseas expansion / Net Sales ¥5,516 million / yoy_pct ¥13.9 million
Depreciation and amortization¥717,677 thousand
Impairment loss¥5,531 thousand
Breakdown of extraordinary income (loss)Extraordinary income Gain on reversal of subscription rights to shares ¥34,417 thousand / Extraordinary loss Impairment Losses ¥5,531 thousand
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 0 companies / Excluded 0 companies / Company name None
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingHeld (対象者:Not disclosed)
Issued Shares at Period-End13,926,360 Shares
Treasury Shares at Period-End752,480 Shares
Factors Behind Changes in Business PerformanceThe rise in bullion prices, strong purchases at なんぼや, growth in alliances and overseas sourcing, particularly in Southeast Asia, expanded sales across channels against a backdrop of beginning inventory and strong sourcing. Retail initiatives, including seamless listings, cross-border e-commerce, and LINE-based measures, as well as inbound demand, also contributed to results.
Items this document does not state (7)
Operating MarginPayout ratioShareholder Return PolicySegment revenueSegment profitOrders 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.

In addition to a contribution from the rise in bullion prices, purchases at なんぼや stores in Japan, alliances, and overseas sourcing, particularly in Southeast Asia, remained strong. Revenue across sales channels expanded, supported by beginning inventory and strong sourcing. In retail, the extended period for seamless listings, cross-border e-commerce, inbound demand, and initiatives using LINE also contributed.

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.
Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending August 2026 [Japanese GAAP] (Consolidated) | Valuence Holdings Inc. (9270) timely disclosure | Komori