Revenue declined year over year. Weakness in apparel wholesale led to lower sales; cost of goods sold rose due to weaker yen and selling, general and administrative expenses increased, resulting in lower profit. Retail remained solid, lifestyle wholesale grew. Full-year guidance assumes a recovery in the second half, maintaining a level comparable to the previous year. Incorporating the consolidated effects of Shields, the company aims for a DOE of 2.5%.<\/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":"3320","jir_company_name":"Cross Plus Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-09-11","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/09\/3320-20260911-02.pdf","jir_short_summary":"Revenue declined year over year. Weakness in apparel wholesale led to lower sales; cost of goods sold rose due to weaker yen and selling, general and administrative expenses increased, resulting in lower profit. Retail remained solid, lifestyle wholesale grew. Full-year guidance assumes a recovery in the second half, maintaining a level comparable to the previous year. Incorporating the consolidated effects of Shields, the company aims for a DOE of 2.5%.","jir_summary":"### Overview of results\nResults show a decline in both revenue and profit year over year. While retail e-commerce remained steady, overall revenue declined due to weak demand from specialty store apparel wholesale. Higher procurement costs from a weaker yen and increased SG&A weighed on profit, and interim net income declined partly due to a drop in gains on sale of marketable securities. By segment, retail and lifestyle wholesale were solid or growing, while apparel wholesale faced challenges. The company outlines a second-half outlook that factors in the consolidated effects of Shields.\n\n### Shareholder returns and capital policy\nDividend per share is planned to be raised to 60 yen. The company targets a DOE of 2.5% and aims to increase dividends each year. A treasury stock purchase up to 350 million yen was resolved on September 4. The company seeks to progress the mid-term management plan and strengthen financial soundness. The plan targets net sales of 68.0 billion yen, operating income of 2.0 billion yen, and ROE of 9% or higher, with enhanced cash allocation and shareholder returns.","jir_financial_highlights":"Revenue: 28,554 (YoY 97.7%)\nOperating income: 232 (YoY around -75.0%)\nInterim net income: 101 (YoY -11.5%)","jir_category":"","jir_hashtags":"#CrossPlus, #Earnings, #InterimResults, #MidTermPlan","jir_key_figures":"Revenue: 28,554 million yen (YoY 97.7%)\nOperating income: 232 million yen (YoY +25.0% expected; actual 232, previous year 930)\nInterim net income: 101 million yen (YoY -11.5%)","jir_meta_title":"[Cross Plus] Earnings Release | Interim Results for the Second Quarter of the Fiscal Year Ending January 2027","jir_meta_description":"Overview of Cross Plus's second-quarter earnings for the fiscal year ending January 2027. Trends in sales and profits, segment-by-segment status, full-year outlook, and shareholder return policy.","jir_og_title":"Cross Plus Earnings Release: Interim Results for the Second Quarter","jir_og_description":"Cross Plus interim results for the fiscal year ending January 2027. Revenue expected to fall versus prior year, with profit decline due to yen depreciation and higher SG&A. Explanation of mid-term plan and shareholder returns.","jir_og_image_url":"\/assets\/og\/company-financial_summary.jpg","jir_chart_data_collection":"[]","ir_related_company":58887,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-112875","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n