Worth reading
46Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
0.4
Year-on-year change in revenue (%)Wording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationFirst quarter of the fiscal year ending June 20276 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales1,216 Millions of yen+0.4%
Operating profit¥-4 million operating loss
Ordinary income¥-10 million ordinary loss
Net income-11 Millions of yen quarterly net loss
Selling, general and administrative expenses562 Millions of yen
Gross Profit Margin
Rate45.9%
Year-on-year change (points)Up 1.6 percentage points
Results for the three months of the current quarterRevenue ¥1,216 million, gross profit ¥558 million, selling, general and administrative expenses ¥562 million, operating loss ¥4 million, ordinary loss ¥10 million, quarterly net loss ¥11 million
Full-year earnings forecast
Net Sales
5,690 Millions of yen
Operating profit
51 Millions of yen
Quarterly net income
27 Millions of yen
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Growth in the airCloset Mall business
- Launch of the airCloset Men’s business
- Absence of warehouse relocation costs
- Decline in Advertising ExpensesDecrease of ¥37 million
New initiatives
- Strengthen owned media
- Influencer partnerships
- Corporate alliances with real estate companies and beauty salons
- Holding in-person events
- Launch of take-home rentals at the Bic Camera Urawa West Exit store
- Rental pilot project with mybest
- Development of Cortex, an internal AI utilization platform
Key KPIsA metric the company considers important as a management benchmark.
- Monthly membership at quarter-end33,330 peopleYear on year against the same period last year-12.3%
- Contribution margin716 Millions of yenYear on year against the same period last year+5.7%
- Adjusted EBITDA304 Millions of yenYear on year against the same period last year+80.3%
- Monthly retention rate for loyal usersOver 94%
- In-house advertising operations ratio75.9 %Year on year against the same period last yearUp from 20.1%
- Views of official Instagram ReelsMore than 4 millionYear on year against the same period last yearApproximately 10 times the previous fourth quarter
- Impressions from influencer postsMore than 300,000
Segment results
airCloset business
Sales
999 Millions of yen-6.7%
Gross profit
465 Millions of yen-1.3%
Operating profit (loss)
19 Millions of yen
Selling, general and administrative expenses
445 Millions of yen
Contribution margin
595 Millions of yen
Adjusted EBITDA
258 Millions of yen
Other Businesses
Sales
217 Millions of yen+54.7%
Gross profit
92 Millions of yen+42.1%
Operating profit (loss)
-23 Millions of yen
Selling, general and administrative expenses
116 Millions of yen
Contribution margin
121 Millions of yen
Adjusted EBITDA
46 Millions of yen
Medium-term management plan targets
Net SalesAn initial target of ¥10 billion toward ¥100 billion
Acquisition of treasury shares
Currently unable to proceed| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | First quarter of the fiscal year ending June 2027 |
| Net Sales | 1,216 Millions of yen (YoY +0.4%) |
| Operating profit | ¥-4 million (operating loss) |
| Ordinary income | ¥-10 million (ordinary loss) |
| Net income | -11 Millions of yen (quarterly net loss) |
| Gross Profit Margin | Rate 45.9% / Year-on-year change (points) Up 1.6 percentage points |
| Selling, general and administrative expenses | 562 Millions of yen |
| Results for the three months of the current quarter | Revenue ¥1,216 million, gross profit ¥558 million, selling, general and administrative expenses ¥562 million, operating loss ¥4 million, ordinary loss ¥10 million, quarterly net loss ¥11 million |
| Full-year earnings forecast | Net Sales 5,690 Millions of yen / Operating profit 51 Millions of yen / Quarterly net income 27 Millions of yen / Ordinary income Not disclosed |
| Segment results | airCloset business Sales 999 Millions of yen (YoY -6.7%) / Gross profit 465 Millions of yen (YoY -1.3%) / Operating profit (loss) 19 Millions of yen / Selling, general and administrative expenses 445 Millions of yen / Contribution margin 595 Millions of yen / Adjusted EBITDA 258 Millions of yen / Other Businesses Sales 217 Millions of yen (YoY +54.7%) / Gross profit 92 Millions of yen (YoY +42.1%) / Operating profit (loss) -23 Millions of yen / Selling, general and administrative expenses 116 Millions of yen / Contribution margin 121 Millions of yen / Adjusted EBITDA 46 Millions of yen |
| Breakdown of Factors Affecting the Change | Factors Growth in the airCloset Mall business / Amount Not disclosed, Factors Launch of the airCloset Men’s business / Amount Not disclosed, Factors Absence of warehouse relocation costs / Amount Not disclosed, Factors Decline in Advertising Expenses / Amount Decrease of ¥37 million |
| Key KPIs | Indicator name Monthly membership at quarter-end / Value 33,330 people / Year on year against the same period last year -12.3 people, Indicator name Contribution margin / Value 716 Millions of yen / Year on year against the same period last year 5.7 Millions of yen, Indicator name Adjusted EBITDA / Value 304 Millions of yen / Year on year against the same period last year 80.3 Millions of yen, Indicator name Monthly retention rate for loyal users / Value Over 94% / Year on year against the same period last year Not disclosed, Indicator name In-house advertising operations ratio / Value 75.9 % / Year on year against the same period last year Up from 20.1%, Indicator name Views of official Instagram Reels / Value More than 4 million / Year on year against the same period last year Approximately 10 times the previous fourth quarter, Indicator name Impressions from influencer posts / Value More than 300,000 / Year on year against the same period last year Not disclosed |
| Medium-term management plan targets | Net Sales An initial target of ¥10 billion toward ¥100 billion / Target fiscal year Not disclosed |
| Acquisition of treasury shares | Currently unable to proceed |
| New initiatives | Strengthen owned media, Influencer partnerships, Corporate alliances with real estate companies and beauty salons, Holding in-person events, Launch of take-home rentals at the Bic Camera Urawa West Exit store, Rental pilot project with mybest, Development of Cortex, an internal AI utilization platform |
Items this document does not state (15)
Operating profit marginProgress against full-year forecastSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial targetsAnnual DividendPayout ratioCapital 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.Although average monthly membership in the airCloset business declined, company-wide revenue increased due to growth in the airCloset Mall business and the launch of the airCloset Men’s business. Profitability improved due to the absence of warehouse relocation costs, lower advertising and promotion expenses, and reduced spending on social media advertising.
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.
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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.