Revenue was 3,350,224 thousand yen, operating income was 93,656 thousand yen, and net income attributable to owners of the parent for the quarter was 12,409 thousand yen. Full-year guidance remains 12,500,000 thousand yen in revenue with a 70,000 thousand yen decrease in operating income (unchanged from previous forecast). Costs increased due to the startup of a new factory, including higher cost of sales, and higher selling and logistics expenses. Segments: Products, Stores, and Others, in that order, showed solid progress.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"2818","jir_company_name":"Pietro & Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-08-10","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/08\/2818-20260810-01.pdf","jir_short_summary":"Revenue was 3,350,224 thousand yen, operating income was 93,656 thousand yen, and net income attributable to owners of the parent for the quarter was 12,409 thousand yen. Full-year guidance remains 12,500,000 thousand yen in revenue with a 70,000 thousand yen decrease in operating income (unchanged from previous forecast). Costs increased due to the startup of a new factory, including higher cost of sales, and higher selling and logistics expenses. Segments: Products, Stores, and Others, in that order, showed solid progress.","jir_summary":"### Overview of Results\nFor the first quarter of this period, revenue was 3,350,224 thousand yen, up 12.8% year over year. Operating income reached 93,000 thousand yen, showing a substantial improvement, and ordinary income turned positive to 64,022 thousand yen. Net income declined to 12,409 thousand yen year over year, primarily due to temporary cost increases from costs associated with the new factory relocation, higher cost of sales, and increased selling expenses. By segment, products contributed 2,050,000 thousand yen, stores 1,254,000 thousand yen, and others 45,000 thousand yen in revenue. Increases in manufacturing costs at overseas subsidiaries contributed to the higher cost of sales.\n\n### Outlook and Capital Situation\nFull-year earnings for FY2027 are unchanged from the previous guidance: revenue of 12,500,000 thousand yen and operating income of 70,000 thousand yen. External factors such as higher raw materials costs and rising personnel expenses are expected to persist. As of the end of Q1, assets stood at 173 million yen, liabilities at 113 million yen, and equity at 60 million yen. Continued investment in the new factory is expected to affect finances, so monitoring funding and borrowings remains necessary.","jir_financial_highlights":"Revenue: 3,350,224 (YoY +12.8%)\nOperating income: 93,656 (YoY +109.2%)\nOrdinary income: 64,022 (YoY: improved from a loss of 31,028)\nNet income attributable to owners of the parent: 12,409 (YoY -81.6%)\nTotal assets: 17,367,634 (increase vs. previous term-end)","jir_category":"","jir_hashtags":"#Pietro, #EarningsAnnouncement, #Q1Earnings","jir_key_figures":"Revenue: 3,350,224 thousand yen (YoY +12.8%)\nOperating income: 93,656 thousand yen (YoY +109.2%)\nNet income attributable to owners of the parent: 12,409 thousand yen (YoY -81.6%)","jir_meta_title":"Pietro Ltd. Q1 FY2027 Highlights | Revenue Increase, Profit Impacted by One-time Costs","jir_meta_description":"Overview of Pietro's Q1 FY2027 earnings. Revenue 3.35 billion yen, operating income 94 million yen, net income 12.41 million yen. Full-year guidance kept despite cost increases from new factory startup and rising cost of sales; segment performance by product and stores are solid.","jir_og_title":"Pietro Q1 Earnings | Revenue Rise, Profit Improvement","jir_og_description":"Pietro's Q1 FY2027 earnings. Revenue 3.35 billion yen, operating income 9,365 thousand yen, net income 1,241 thousand yen. Full-year guidance maintained; explains temporary factors like rising cost of sales.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":58671,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-101007","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n