ASKUL Corporation
Summary of Financial Results for the Second Quarter of the Fiscal Year Ending May 2026
For the cumulative second quarter of the fiscal year ending May 2026, net sales were 208,725 million yen, down 87.7% Year-over-Year (YoY). Operating loss was 2,995 million yen, and net loss attributable to owners of parent was 6,612 million yen. No interim dividend was declared, and full-year earnings guidance remains undecided.
Key Figures
- Net Sales: 208,725 million yen (87.7% YoY)
- Operating Income: △2,995 million yen (previous year same period: 6,028 million yen profit)
- Net Income: △6,612 million yen (previous year same period: 3,739 million yen profit)
AI要約
Performance Overview
For the cumulative second quarter of the fiscal year ending May 2026, net sales amounted to 208,725 million yen, a decrease of 12.3% compared to the same period last year. Gross profit was 50,217 million yen, at 87.8% YoY. Selling, general and administrative expenses increased by 4.0% YoY to 53,212 million yen, resulting in an operating loss of 2,995 million yen. Ordinary income and net income also recorded losses. The main cause was a ransomware attack leading to system failures, which resulted in a special loss recognition of 5.21 billion yen for system failure response expenses.
Future Outlook and Shareholder Returns
Based on the results of the second quarter, no interim dividend has been declared, and the full-year earnings forecast and year-end dividend remain undecided. The key strategies outlined in the medium-term management plan (FY2026 to FY2029) continue unchanged, and numeric targets are currently being reviewed. Initiatives to restore sales include normalizing service levels, strengthening price competitiveness, and implementing large-scale customer acquisition and promotional activities, aiming for a recovery in performance from FY2027 onwards. On the funding side, a 50 billion yen overdraft facility has been secured, establishing a framework for agile financial response.
