FY2027 First Quarter Earnings Supplemental Material

Overview of Results

In the first quarter of this fiscal year, total gross sales were 290,696 million yen, net sales were 164,541 million yen, operating profit was 7,278 million yen, and profit attributable to owners of the parent was 10,265 million yen. YoY, total gross sales rose by 6.4%, and profitability improved significantly. By segment, department stores remained solid, shopping centers expanded, and foods declined modestly. Forecasts for the first half, second half, and full year for FY2026 are provided, with the full year expected to reach total gross sales of 1,245,000 million yen, operating profit around 32,500 million yen, and net income around 23,000 million yen.

Segment Outlook and Key Points

In the segment view, department store contributions are large, with continued strength in flagship stores such as Hankyu Main Store and Hakata Hankyu. Food business shows a complementary dynamic of declining customer numbers but improved average purchase, while growth in shopping centers and other divisions supports revenue. The combined full-year growth outlook remains solid, but there is a caveat regarding continued softness in foods.