Kohnan Shoji Co., Ltd.
Fiscal Year Ending February 2026 Q3 Financial Results Presentation Materials
Net sales for the third quarter of the fiscal year ending February 2026 amounted to ¥377.93 billion (an increase of 103.3% year-on-year), operating income was ¥18.50 billion (a decrease of 89.0% year-on-year), and net income was ¥10.97 billion (a decrease of 93.3% year-on-year).
Key Figures
- Net Sales: ¥377,932 million (an increase of 103.3% year-on-year)
- Operating Income: ¥18,501 million (a decrease of 89.0% year-on-year)
- Quarterly Net Income Attributable to Owners of the Parent: ¥10,907 million (a decrease of 93.3% year-on-year)
AI要約
Overview of Business Performance
Net sales for the third quarter of the fiscal year ending February 2026 were ¥377,932 million, representing a 103.3% increase compared to the same period last year. Same-store sales amounted to ¥364,807 million, showing a slight decrease to 99.5% year-on-year. Operating income decreased to ¥18,501 million, 89.0% of the previous year's corresponding period, and ordinary income also decreased to ¥17,046 million, 87.8% of the previous year. Quarterly net income attributable to owners of the parent was ¥10,907 million, representing 93.3% of the previous year. The increase in net sales was driven by strong performance in PRO merchandise, daily consumables, food, and seasonal products; however, profit was pressured by a decline in gross margin and an increase in selling, general and administrative expenses.
Details of Selling, General and Administrative Expenses and Store Count
Selling, general and administrative expenses increased by 105.1% year-on-year to ¥134,006 million, mainly due to increases in personnel expenses, rental fees, and commission payments. Personnel expenses rose to ¥46,528 million, a 106.2% increase year-on-year. The total number of stores was 668 domestically (29 new openings, 2 closures) and 19 overseas, reflecting an aggressive expansion of new store openings.
