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Presentation materials for financial results9946MINISTOP CO.,LTD.Retail

Earnings Presentation Materials for the Fiscal Year Ending February 2026

For the fiscal year ended February 2026, revenue increased, while operating and ordinary losses widened and the net loss decreased. For the fiscal year ending February 2027, the company has presented a plan targeting operating income of ¥1,500 million and net income of ¥100 million through structural reforms.

Worth reading
59In focus
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
5110
¥ million (year-on-year improvement in operating income)
Wording
Conditional
How definitive the wording is.

Contents of this document

Presentation materials for financial resultsFull fiscal year ended February 20267 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥91,788 million +104.9%operating revenue
Operating profit¥-3,610 million
Ordinary income¥-3,067 million
Net income¥-5,630 millions net income
Selling, general and administrative expenses¥43,972 million consolidated
Gross Profit Margin
Rate30.4%
Year-on-year change△0.3pt
Full-year earnings forecast
Operating revenue
¥97,000 million
Operating profit
¥1,500 million
Ordinary income
¥1,900 million
Net income for the current fiscal year
¥100 million
Progress against full-year forecast　通期の予想に対して、いまどこまで進んだかの割合です。
Chainwide sales91.8% (versus plan)
Existing-store daily sales per store94.3% (versus plan)
Average daily sales across all stores94.3% (versus plan)
Selling, general and administrative expenses, non-consolidated97.2% (versus plan)
Selling, general and administrative expenses, consolidated95.7% (versus plan)
Store Openings9 stores / 28 planned
Store closures64 stores / 56 planned
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Plan not achieved
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Standalone
Existing-store daily sales per store97.8% of the previous year
Company-operated store gross profit+84 stores
Personnel Expenses+¥1,305 million
Advertising expenses+¥107 million
Depreciation and amortization△¥1,324 million
Equipment costs△¥166 million
Other+¥225 million
Sales, gross profit margin and other factors△¥2,650 million
Safety and security measures expenses△¥1,100 million
Full-year total△¥3,750 million
Vietnam
Existing-store daily sales per store100.2% of the previous year
Gross Profit Margin+2.5 points year on year
Labor-hour optimization△3.5 labor hours per day
Total store operating expenses95% of the previous year
New initiatives
  • Establish and roll out New Combo Stores ahead of schedule
  • Expand regular and loyal customers through the MINISTOP app
  • Review the franchisee management guidance structure
  • Integrate the store support and operations divisions
  • Develop products and services, locations and infrastructure for the workplace business
  • Establish the Vietnam version of the Combo Store
Key KPIsA metric the company considers important as a management benchmark.
  • Chainwide sales¥275,285 million
  • Existing-store daily sales per store¥421 thousand
  • Average daily sales across all stores¥421 thousand
  • Gross profit margin30.4 %
    Year on year against the same period last year△0.3pt
  • Business expense ratio19.4 %
  • Number of MINISTOP POCKET locations2,147 Location
Segment results
MINISTOP, non-consolidated
Operating profit
¥-3,560 million
Year-on-year change in existing-store daily sales per store97.8%
Vietnam
Operating profit
¥-280 million
Year-on-year change in existing-store daily sales per store100.2%
Number of stores and locations
Store Openings
Plan28 stores
Actual results9 stores
Store closures
Plan56 stores
Actual results64 stores
MINISTOP POCKET
End of period2,147 Location
Annual Dividend
Fiscal year ended February 2026
Interim¥10
End of period¥10
Total¥20
FY2027/2 forecast
Interim¥10
End of period¥10
Total¥20
Contents of this document
ItemDetails
Document typePresentation materials for financial results
Fiscal Period CoveredFull fiscal year ended February 2026
Net Sales¥91,788 million (operating revenue) (YoY +104.9%)
Operating profit¥-3,610 million
Ordinary income¥-3,067 million
Net income¥-5,630 millions (net income)
Gross Profit MarginRate 30.4% / Year-on-year change △0.3pt
Selling, general and administrative expenses¥43,972 million (consolidated)
Full-year earnings forecastOperating revenue ¥97,000 million / Operating profit ¥1,500 million / Ordinary income ¥1,900 million / Net income for the current fiscal year ¥100 million
Progress against full-year forecastChainwide sales 91.8% (versus plan) / Existing-store daily sales per store 94.3% (versus plan) / Average daily sales across all stores 94.3% (versus plan) / Selling, general and administrative expenses, non-consolidated 97.2% (versus plan) / Selling, general and administrative expenses, consolidated 95.7% (versus plan) / Store Openings 9 stores / 28 planned / Store closures 64 stores / 56 planned
Self-assessment against the planPlan not achieved
Segment resultsMINISTOP, non-consolidated Operating profit ¥-3,560 million / Year-on-year change in existing-store daily sales per store 97.8% / Vietnam Operating profit ¥-280 million / Year-on-year change in existing-store daily sales per store 100.2%
Breakdown of Factors Affecting the ChangeStandalone Existing-store daily sales per store 97.8% of the previous year / Company-operated store gross profit +84 stores / Personnel Expenses +¥1,305 million / Advertising expenses +¥107 million / Depreciation and amortization △¥1,324 million / Equipment costs △¥166 million / Other +¥225 million / Sales, gross profit margin and other factors △¥2,650 million / Safety and security measures expenses △¥1,100 million / Full-year total △¥3,750 million / Vietnam Existing-store daily sales per store 100.2% of the previous year / Gross Profit Margin +2.5 points year on year / Labor-hour optimization △3.5 labor hours per day / Total store operating expenses 95% of the previous year
Key KPIsIndicator name Chainwide sales / Value ¥275,285 million / Year on year against the same period last year Not disclosed, Indicator name Existing-store daily sales per store / Value ¥421 thousand / Year on year against the same period last year Not disclosed, Indicator name Average daily sales across all stores / Value ¥421 thousand / Year on year against the same period last year Not disclosed, Indicator name Gross profit margin / Value 30.4 % / Year on year against the same period last year △0.3pt, Indicator name Business expense ratio / Value 19.4 % / Year on year against the same period last year Not disclosed, Indicator name Number of MINISTOP POCKET locations / Value 2,147 Location / Year on year against the same period last year Not disclosed
Number of stores and locationsNumber of Stores at Period-End Not disclosed / Store Openings Plan 28 stores / Actual results 9 stores / Store closures Plan 56 stores / Actual results 64 stores / MINISTOP POCKET End of period 2,147 Location
Annual DividendFiscal year ended February 2026 Interim ¥10 / End of period ¥10 / Total ¥20 / FY2027/2 forecast Interim ¥10 / End of period ¥10 / Total ¥20
New initiativesEstablish and roll out New Combo Stores ahead of schedule, Expand regular and loyal customers through the MINISTOP app, Review the franchisee management guidance structure, Integrate the store support and operations divisions, Develop products and services, locations and infrastructure for the workplace business, Establish the Vietnam version of the Combo Store
Items this document does not state (14)
Operating profit marginResults for the three months of the current quarterUnit price and quantity metricsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsPayout 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.

On a non-consolidated basis, revenue increased as the number of company-operated stores grew, but income from franchisees declined. Labor costs and expenses for safety and security measures associated with discontinuing sales of handmade rice balls and other products weighed on profit. The Vietnam business improved through higher daily sales per store and a better gross profit margin following merchandising reforms, as well as more appropriate expense levels resulting from operational reforms.

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.
Earnings Presentation Materials for the Fiscal Year Ending February 2026 | MINISTOP CO.,LTD. (9946) timely disclosure | Komori