Worth reading
56In focus
Scored from 3 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
—
Displayed only when the document provides numerical figures.Wording
Conditional
How definitive the wording is.Contents of this document
Supplementary materials to the earnings reportSecond quarter (interim period) 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¥22,523 million-4.1%
Operating profit¥958 million+9.9%
Ordinary income¥918 million+8.1%
Net income¥632 million+10.4%
Gross Profit MarginAmount not stated+1.1%
Selling, general and administrative expenses¥6,493 million
Full-year earnings forecast
Operating revenue
¥44,000 million
Operating profit
¥420 million
Ordinary income
¥300 million
Net income for the current fiscal 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.
Operating profit
Revenue factors-301
Operating revenue256
Factors affecting gross margin19
Personnel Expenses50
Depreciation and amortization-13
Advertising expenses-3
Utilities expenses-1
Other80
Net Sales
Household Goods and Appliances-136
Hobbies and Leisure-228
Agriculture and Gardening-320
Construction and DIY-205
Other (kerosene, etc.)-34
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Assumptions based on currently available information, including risks and uncertainties such as economic trends and market conditions. Numerical assumptions: Not disclosed.New initiatives
- Beginning to carry JA-mark products in the Tottori Seibu area under a three-party agreement with JA Zen-Noh Tottori and JA Tottori Seibu
- Beginning to carry JA-mark products at the Sakaiminato store
- Providing product and lifestyle information through social media and video content
Key KPIsA metric the company considers important as a management benchmark.
- Store count115 Location
- Total sales floor area248,707 ㎡
- Number of stores handling JA Mark products14 Location
Segment results
HC business
Net Sales
¥22,065 million-4.0%
BC business
Net Sales
¥0 million
Financial targets
Equity ratio
Second quarter32.5 %
End of previous period30.5 %
Number of stores and locations
Number of Stores at Period-End115 Location
Number of store openings and closures during the period1 fewer store than at the end of the previous fiscal year
| Item | Details |
|---|---|
| Document type | Supplementary materials to the earnings report |
| Fiscal Period Covered | Second quarter (interim period) of the fiscal year ending February 2027 |
| Net Sales | ¥22,523 million (YoY -4.1%) |
| Operating profit | ¥958 million (YoY +9.9%) |
| Ordinary income | ¥918 million (YoY +8.1%) |
| Net income | ¥632 million (YoY +10.4%) |
| Gross Profit Margin | 非開示 (YoY +1.1%) |
| Selling, general and administrative expenses | ¥6,493 million |
| Full-year earnings forecast | Operating revenue ¥44,000 million / Operating profit ¥420 million / Ordinary income ¥300 million / Net income for the current fiscal year ¥150 million |
| Segment results | HC business Net Sales ¥22,065 million (YoY -4.0%) / Profit Not disclosed / BC business Net Sales ¥0 million / Profit Not disclosed |
| Breakdown of Factors Affecting the Change | Operating profit Revenue factors -301 / Operating revenue 256 / Factors affecting gross margin 19 / Personnel Expenses 50 / Depreciation and amortization -13 / Advertising expenses -3 / Utilities expenses -1 / Other 80 / Net Sales Household Goods and Appliances -136 / Hobbies and Leisure -228 / Agriculture and Gardening -320 / Construction and DIY -205 / Other (kerosene, etc.) -34 |
| Key KPIs | Indicator name Store count / Value 115 Location / Year on year against the same period last year Not disclosed, Indicator name Total sales floor area / Value 248,707 ㎡ / Year on year against the same period last year Not disclosed, Indicator name Number of stores handling JA Mark products / Value 14 Location / Year on year against the same period last year Not disclosed |
| Number of stores and locations | Number of Stores at Period-End 115 Location / Number of store openings and closures during the period 1 fewer store than at the end of the previous fiscal year |
| Assumptions Underlying the Business Outlook | Assumptions based on currently available information, including risks and uncertainties such as economic trends and market conditions. Numerical assumptions: Not disclosed. |
| Financial targets | Equity ratio Second quarter 32.5 % / End of previous period 30.5 % |
| New initiatives | Beginning to carry JA-mark products in the Tottori Seibu area under a three-party agreement with JA Zen-Noh Tottori and JA Tottori Seibu, Beginning to carry JA-mark products at the Sakaiminato store, Providing product and lifestyle information through social media and video content |
Items this document does not state (15)
Operating profit marginResults for the three months of the current quarterProgress 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 weaker purchasing appetite caused by higher prices, price competition with other companies, a decline in customer traffic and restrained spending across a broad range of areas. The gross profit margin rose as a result of an improved markup rate, while profit increased due to reductions in personnel expenses, utilities expenses and other costs resulting from cost-cutting measures, as well as the absence of new-store preparation expenses incurred in the previous year.
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.