Komori
Occurring Fact9878SEKIDO CO.,LTD.Retail

Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 (Japanese GAAP) (Non-consolidated)

For the interim period of the fiscal year ending March 2027, revenue was ¥2,196 million, down 22.6% year on year, and operating loss, ordinary loss and interim net loss all widened from the same period of the previous fiscal year. Net assets were negative ¥321 million. Against a backdrop of negative net worth and breaches of financial covenants, the company disclosed that there was significant doubt regarding the going-concern assumption and also revised its full-year earnings forecast.

Worth reading
62In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-479.71
¥ millions (interim net loss)
Wording
Avoiding a definitive answer
How definitive the wording is.

Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 (Japanese GAAP) (Non-consolidated)

Subject Entity

SEKIDO CO.,LTD. (filing company)

Target Locations / Products

Fashion business, beauty business, leasing division and personal shopping division. The covered brands include “GINZA LoveLove,” “&choa!” and “hada to kokoro (肌と心).”

Occurrence20 September 2026 (end of the interim accounting period)
This disclosure11/04/2026
Cause

In the beauty business, the sell-through of discontinued brands delayed the launch of the company’s own and new brands, resulting in lower revenue. Branding costs for the company’s own brands were incurred ahead of revenue, while high-priced products such as watches and bags struggled in the fashion business.

Amount of Impact on Business Performance

Revenue: ¥2,196 million; operating loss: ¥437 million; ordinary loss: ¥464 million; interim net loss: ¥479 million. Recorded an impairment loss of ¥4.937 million as an extraordinary loss.

Accounting period in which recognized

Second quarter (interim period) of the fiscal year ending March 2027 (21 March 2026 to 20 September 2026)

Impact on Earnings Forecast

The latest published earnings forecast has been revised. The full-year earnings forecast was revised, but the revised figures are not provided in this document. The document directs readers to the notice dated the same day titled “Notice Regarding the Difference Between the Forecast and Actual Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 and Revisions to the Full-Year Earnings Forecast.”

Outlook

In the beauty business, the company will strengthen branding initiatives for its own and new brands to raise awareness and expand the number of stores carrying them. In the fashion business, it will optimize its store strategy, including closing unprofitable stores. It will discuss changes to repayment terms with financial institutions and consider funding measures to restore earnings and eliminate negative net worth.

Event that occurred
ItemDetails
Event nameSummary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 (Japanese GAAP) (Non-consolidated)
Date of occurrence20 September 2026 (end of the interim accounting period)
Subject EntitySEKIDO CO.,LTD. (filing company)
Target Locations / ProductsFashion business, beauty business, leasing division and personal shopping division. The covered brands include “GINZA LoveLove,” “&choa!” and “hada to kokoro (肌と心).”
CauseIn the beauty business, the sell-through of discontinued brands delayed the launch of the company’s own and new brands, resulting in lower revenue. Branding costs for the company’s own brands were incurred ahead of revenue, while high-priced products such as watches and bags struggled in the fashion business.
Amount of Impact on Business PerformanceRevenue: ¥2,196 million; operating loss: ¥437 million; ordinary loss: ¥464 million; interim net loss: ¥479 million. Recorded an impairment loss of ¥4.937 million as an extraordinary loss.
Accounting period in which recognizedSecond quarter (interim period) of the fiscal year ending March 2027 (21 March 2026 to 20 September 2026)
Impact on Earnings ForecastThe latest published earnings forecast has been revised. The full-year earnings forecast was revised, but the revised figures are not provided in this document. The document directs readers to the notice dated the same day titled “Notice Regarding the Difference Between the Forecast and Actual Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 and Revisions to the Full-Year Earnings Forecast.”
OutlookIn the beauty business, the company will strengthen branding initiatives for its own and new brands to raise awareness and expand the number of stores carrying them. In the fashion business, it will optimize its store strategy, including closing unprofitable stores. It will discuss changes to repayment terms with financial institutions and consider funding measures to restore earnings and eliminate negative net worth.
Items this document does not state (16)
Date recognized / date notice receivedType of litigation or proceedingCourt or authorityPlaintiffDefendantDate of filing / date of actionClaim amount / surcharge amountAmount of receivables at risk of non-collection or delayed collectionSuspended operationsScheduled resumption dateInvestigation structureMeasures to prevent recurrenceDirectors' and officers' liabilityVoting rights ownership percentage before the changeVoting rights ownership percentage after the changePlanned follow-up disclosure

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 the beauty business, the company cited the continued sell-through of discontinued brands, delays in the launch of its own and new brands, and branding costs for its own brands incurred ahead of revenue, in addition to the revenue shortfall. In the fashion business, it said sales of high-priced products such as watches and bags struggled.

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 March 2027 (Japanese GAAP) (Non-consolidated) | SEKIDO CO.,LTD. (9878) timely disclosure | Komori