Tenmaya Store's consolidated ordinary profit for the first half (March-August) fell 14.1% year on year to ¥970 million, with progress against the full-year plan at only 42.2%. Over the latest 3 months, sales were ¥3,001.6 million and ordinary profit fell to ¥400 million.
Tenmaya Store announced its results after the close on 7 October, reporting consolidated ordinary profit of ¥970 million for the first-half cumulative period (March-August) of the fiscal year ending February 2027, down 14.1% year on year. Results were down for the period, reversing the previous forecast for a 1.9% increase in profit.
The full-year plan remains ¥2.3 billion, but progress was only 42.2%, below the 5-year average of 50.3%. Kabutan estimates that ordinary profit for the second half (September-February) is likely to rise 16.5% year on year to ¥1.33 billion.
For the latest 3 months of the first half, June-August ordinary profit was ¥400 million, down 22.1% year on year, while sales were ¥30,016 million and the operating margin on sales deteriorated to 2.6% from 3.1% in the same period a year earlier.