Results for this period
Full year1 March 2025–28 February 2026ConsolidatedJapanese GAAPThe 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 shaded area represents net assets as a proportion of total assets. It is calculated from the two amounts reported by the company.
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.
Store sales struggled due to cautious consumer spending, unstable weather and a prolonged summer, as well as labor shortages. Meanwhile, EC sales increased to 102.5% of the prior-year level and LBC sales to 122.7%, driven by the member app and social media and influencer initiatives. Selling, general and administrative expenses decreased by ¥332 million from the prior-year period.
No applicable matters
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 March 2025–28 February 2026 |
| Net Sales | ¥14,955,340 thousand (YoY +97.7%) |
| Operating profit | ¥1,324,332 thousand (YoY +104.8%) |
| Ordinary income | ¥1,417,372 thousand (YoY +107.1%) |
| Profit attributable to owners of the parent | ¥1,068,876 thousand (YoY +89.3%) |
| Net income per share | ¥38.69 |
| Total assets | ¥14,922,217 thousand |
| Net assets | ¥10,542,614 thousand |
| Cash flows from operating activities | ¥623,293 thousand |
| Cash flows from investing activities | ¥-94,715 thousand |
| Cash flows from financing activities | ¥-51 thousand |
| Cash and cash equivalents at end of period | ¥5,918,226 thousand |
| Depreciation and amortization | ¥93,645 thousand |
| Impairment loss | None recorded for the fiscal year (impairment loss is shown as "－" on the consolidated income statement) |
| Breakdown of extraordinary income (loss) | Extraordinary income Not disclosed / Extraordinary loss Losses from natural disasters ¥84 thousand, Loss on Disposal of Fixed Assets ¥544 thousand / Total ¥629 thousand |
| Disclosure regarding the going concern assumption | No applicable matters |
| Change in accounting policy | Changes due to revisions to standards Yes / Other changes No / Change in accounting estimate No / Restatement No |
| Material subsequent events | No applicable matters. |
| Factors Behind Changes in Business Performance | Store sales struggled due to cautious consumer spending, unstable weather and a prolonged summer, as well as labor shortages. Meanwhile, EC sales increased to 102.5% of the prior-year level and LBC sales to 122.7%, driven by the member app and social media and influencer initiatives. Selling, general and administrative expenses decreased by ¥332 million from the prior-year period. |
Items this document does not state (16)
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.Store sales struggled due to cautious consumer spending, unstable weather and a prolonged summer, as well as labor shortages. Meanwhile, EC sales and operating income improved through EC initiatives, PR using influencers and fixed-cost reductions. However, the gross profit margin deteriorated by 0.4 percentage points due to weak full-price sales and a review of inventory valuation.