Worth reading
36Immaterial
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
17
Year-on-year increase in operating profit (%)Wording
Conditional
How definitive the wording is.Contents of this document
Supplementary materials to the earnings reportFirst quarter of the fiscal year ending February 20277 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥11,959 million-2.3%
Operating profit¥552 million+17.0%
Ordinary income¥528 million+15.3%
Net income¥365 million+13.8%
Selling, general and administrative expenses¥3,288 million
Gross Profit MarginPercentage not disclosed. Improved by approximately 0.3 percentage points year on year
Operating profit marginNot disclosed
Results for the three months of the current quarterIncludes results for the three months of the first quarter, including operating revenue of ¥11,959 million, operating profit of ¥552 million, ordinary profit of ¥528 million, and quarterly net income of ¥365 million
Full-year earnings forecast
Operating revenue
Interim period¥23,300 million
Full year¥44,000 million
Operating profit
Interim period¥820 million
Full year¥420 million
Ordinary income
Interim period¥770 million
Full year¥300 million
Net income for the current fiscal year
Interim period¥480 million
Full year¥150 million
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Revenue factors¥-84 million
Operating revenue¥-11 million
Factors affecting gross margin¥44 million
Personnel Expenses¥3 million
Advertising expenses¥3 million
Depreciation and amortization¥-11 million
Utilities expenses¥25 million
Other¥100 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Assumptions based on information currently available, including risks and uncertainties related to economic trends and market conditions. Numerical assumptions are not disclosedNew initiatives
- Development of specialized personnel, including DIY advisors and green advisors
- Launch of the “J Support” on-demand customer service
- Reorganization and optimization of logistics hubs centered on a new distribution center
- Increase in the proportion of private-label products
Key KPIsA metric the company considers important as a management benchmark.
- Store count116 LocationYear on year against the same period last yearNo change from the end of the previous fiscal year
- Total sales floor area249,861 ㎡Year on year against the same period last yearNo change from the end of the previous fiscal year
- Total number of certified DIY advisors240 PeopleYear on year against the same period last yearNot disclosed
- Total number of certified green advisors108 PeopleYear on year against the same period last yearNot disclosed
- Total number of certified bicycle safety maintenance technicians242 PeopleYear on year against the same period last yearNot disclosed
Segment results
HC business
Net Sales¥11,737 million
Year on year against the same period last year-2.1%
BC business
Net Sales¥0 million
Year on year against the same period last yearNo comparable period
Financial targets
Equity ratio
Actual results30.2 %
Number of stores and locations
Number of Stores at Period-End116 Location
Stores opened during the period0 Location
Stores closed during the period0 Location
| Item | Details |
|---|---|
| Document type | Supplementary materials to the earnings report |
| Fiscal Period Covered | First quarter of the fiscal year ending February 2027 |
| Net Sales | ¥11,959 million (YoY -2.3%) |
| Operating profit | ¥552 million (YoY +17.0%) |
| Ordinary income | ¥528 million (YoY +15.3%) |
| Net income | ¥365 million (YoY +13.8%) |
| Gross Profit Margin | Percentage not disclosed. Improved by approximately 0.3 percentage points year on year |
| Operating profit margin | Not disclosed |
| Selling, general and administrative expenses | ¥3,288 million |
| Results for the three months of the current quarter | Includes results for the three months of the first quarter, including operating revenue of ¥11,959 million, operating profit of ¥552 million, ordinary profit of ¥528 million, and quarterly net income of ¥365 million |
| Full-year earnings forecast | Operating revenue Interim period ¥23,300 million / Full year ¥44,000 million / Operating profit Interim period ¥820 million / Full year ¥420 million / Ordinary income Interim period ¥770 million / Full year ¥300 million / Net income for the current fiscal year Interim period ¥480 million / Full year ¥150 million |
| Segment results | HC business Net Sales ¥11,737 million / yoy_pct ¥-2.1 million / BC business Net Sales ¥0 million / yoy_pct No comparable period |
| Breakdown of Factors Affecting the Change | Revenue factors ¥-84 million / Operating revenue ¥-11 million / Factors affecting gross margin ¥44 million / Personnel Expenses ¥3 million / Advertising expenses ¥3 million / Depreciation and amortization ¥-11 million / Utilities expenses ¥25 million / Other ¥100 million |
| Key KPIs | Indicator name Store count / Value 116 Location / Year on year against the same period last year No change from the end of the previous fiscal year, Indicator name Total sales floor area / Value 249,861 ㎡ / Year on year against the same period last year No change from the end of the previous fiscal year, Indicator name Total number of certified DIY advisors / Value 240 People / Year on year against the same period last year Not disclosed, Indicator name Total number of certified green advisors / Value 108 People / Year on year against the same period last year Not disclosed, Indicator name Total number of certified bicycle safety maintenance technicians / Value 242 People / Year on year against the same period last year Not disclosed |
| Number of stores and locations | Number of Stores at Period-End 116 Location / Stores opened during the period 0 Location / Stores closed during the period 0 Location |
| Assumptions Underlying the Business Outlook | Assumptions based on information currently available, including risks and uncertainties related to economic trends and market conditions. Numerical assumptions are not disclosed |
| Financial targets | Equity ratio Actual results 30.2 % / Target Not disclosed |
| New initiatives | Development of specialized personnel, including DIY advisors and green advisors, Launch of the “J Support” on-demand customer service, Reorganization and optimization of logistics hubs centered on a new distribution center, Increase in the proportion of private-label products |
Items this document does not state (13)
Progress against full-year forecastSelf-assessment against the planUnit price and quantity metricsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital 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.Operating revenue declined due to reduced consumer spending and a decline in customer numbers resulting from higher prices, intensifying competition, the closure of unprofitable stores, and weak sales of seedlings caused by unfavorable weather. Operating profit increased due to improved gross margins, lower selling, general and administrative expenses, reductions in utilities and store rental expenses, and the absence of expenses related to preparing new stores.
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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