According to the earnings report for the interim period of the fiscal year ending February 2027, revenue was ¥213.8 billion, down 2.8% year on year, while operating profit was ¥26.8 billion, down 10.5%. Meanwhile, the Payments and Financial Services business posted a substantial increase in profit against a backdrop of higher transaction volume.
For the interim period of the fiscal year ending February 2027, J. Front Retailing's revenue was ¥213.8 billion, down 2.8% year on year, due to the reactionary decline in Expo-related sales and the impact of renovations at Daimaru Umeda. Business profit was ¥26.6 billion, down 5.6%, operating profit was ¥26.8 billion, down 10.5%, and interim profit attributable to owners of the parent was ¥17.4 billion, down 5.3%. Meanwhile, business profit in the Payments and Financial Services business increased substantially, rising 75.7% year on year on higher transaction volume.
Total assets were ¥1.1361 trillion, down 0.5% from the end of the previous fiscal year. Non-current assets included investment property of ¥153.5 billion, down 12.8%, and investments accounted for using the equity method of ¥37.4 billion, up 32.8%. Current liabilities increased 9.9% to ¥356.8 billion, while current bonds and borrowings increased 81.8% to ¥82.2 billion.
Cash flow comprised ¥38.0 billion in cash provided by operating activities, ¥26.8 billion used in investing activities, and ¥21.2 billion used in financing activities, with movements in each item compared with the same period of the previous year. Based on interim results, the full-year forecasts were revised upward to revenue of ¥470.0 billion and business profit of ¥53.5 billion, while operating profit is forecast at ¥46.0 billion, profit before tax at ¥41.0 billion, and profit attributable to owners of the parent at ¥29.0 billion.
For shareholder returns, the interim dividend is expected to be ¥28 per share and the full-year dividend ¥56 per share, both expected to increase from the previous fiscal year.