Revised forecast
Fiscal year ending February 2027 · Full yearPrevious forecast published 10 April 2026The bar length represents the relative magnitude of change, based on the item that changed the most in this document.
Consumers' stronger propensity to save and heightened awareness of protecting household finances amid rising prices, a pullback from the high hurdle set by the prior-year period, and intensifying price competition with other retailers caused customer numbers and items purchased to decline, leaving net sales below the initial plan. In addition, higher purchase prices for products and energy costs due to the situation in the Middle East and other factors caused the gross margin to decline and selling, general and administrative expenses to increase. The company expects the uncertain external environment and trend of rising costs to continue from the third quarter onward.
| Item | Details |
|---|---|
| Net Sales | 434,500 ～454,600 → 443,000 Millions of yen（2.0 ～△2.6） |
| Operating profit | 18,000 ～19,800 → 15,400 Millions of yen（△14.4 ～△22.2） |
| Ordinary income | 18,200 ～20,000 → 15,600 Millions of yen（△14.3 ～△22.0） |
| Profit attributable to owners of the parent | 12,500 ～13,600 → 9,900 Millions of yen（△20.8 ～△27.2） |
| Net income per share | 600.07 ～652.88 → 475.26 yen and sen |
| Fiscal Period Covered | Fiscal year ending February 2027 |
| Period Covered | Full year |
| Publication date of previous forecast | 10 April 2026 |
| Previous-period results | Operating revenue ¥423,432 million, operating profit ¥17,900 million, ordinary profit ¥18,168 million, net income attributable to owners of the parent ¥12,681 million, net income per share ¥608.69 |
| Reason for the revision | Consumers' stronger propensity to save and heightened awareness of protecting household finances amid rising prices, a pullback from the high hurdle set by the prior-year period, and intensifying price competition with other retailers caused customer numbers and items purchased to decline, leaving net sales below the initial plan. In addition, higher purchase prices for products and energy costs due to the situation in the Middle East and other factors caused the gross margin to decline and selling, general and administrative expenses to increase. The company expects the uncertain external environment and trend of rising costs to continue from the third quarter onward. |
| Dividend forecast revision | No revision (unchanged from the previous forecast announcement) |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (1)
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.Consumers' stronger propensity to save and heightened awareness of protecting household finances amid rising prices, a pullback from the high hurdle set by the prior-year period, and intensifying price competition with other retailers caused customer numbers and items purchased to decline, leaving net sales below the initial plan. In addition, higher purchase prices for products, including packaging materials, due to the situation in the Middle East and other factors, together with rising energy costs such as electricity charges, led to a lower gross margin and higher selling, general and administrative expenses. The company expects this uncertain external environment and trend of rising costs to continue from the third quarter onward.