At its earnings briefing for the first half of the fiscal year ending February 2027, MINISTOP reported that its operating loss had widened to ¥2.836 billion and that its full-year net loss forecast had been revised down to ¥5 billion. The company also reported that the Vietnam business had returned to profitability and that the workplace business had expanded.
MINISTOP held an earnings briefing for the first half of the fiscal year ending February 2027 on 9 October, reporting an operating loss of ¥2.836 billion for the first half, a deterioration of approximately ¥4 billion from the profit recorded in the same period a year earlier.
Sales increased as the number of company-operated stores rose, but revenue from franchisees declined significantly, while metrics including existing-store daily sales fell.
The planned expansion of substitute products following the suspension of handmade rice ball sales did not progress as expected. The deterioration in the gross margin, combined with growth in selling, general and administrative expenses, widened the interim loss.
The Vietnam business returned to profitability in the second quarter, while the workplace business expanded and showed progress toward achieving or exceeding its plan. As structural reforms for the second half, the company said it would review CBS products, strengthen delivery operations, reduce company-operated stores and cut head-office costs.