Consolidated net sales for the interim period of the fiscal year ending February 2027 were 23.46 hundred million yen, a decrease of 1.33 hundred million yen year-on-year (approx. -5.4%). Domestic operations recorded net sales of 22,973 million yen; despite solid same-store sales, initial troubles from the introduction of new systems at brands such as AZUL BY MOUSSY and rises in inventory and costs pressured gross profit and selling, general and administrative expenses. The full-year earnings outlook was revised downward, while the previously announced full-year dividend of 38 yen per share will be maintained.<\/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,"price_fetched_at":"","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":"3548","jir_company_name":"Baroque Japan Limited","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-10-15","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/3548-20261015-02.pdf","jir_short_summary":"Consolidated net sales for the interim period of the fiscal year ending February 2027 were 23.46 hundred million yen, a decrease of 1.33 hundred million yen year-on-year (approx. -5.4%). Domestic operations recorded net sales of 22,973 million yen; despite solid same-store sales, initial troubles from the introduction of new systems at brands such as AZUL BY MOUSSY and rises in inventory and costs pressured gross profit and selling, general and administrative expenses. The full-year earnings outlook was revised downward, while the previously announced full-year dividend of 38 yen per share will be maintained.","jir_summary":"### Overview of Performance\nConsolidated net sales for this interim period were 23.46 hundred million yen, down 1.33 hundred million yen year-on-year (approx. -5.3%). Overall, delays in e-commerce operations and troubles associated with new system implementations weighed on sales. While domestic operations generally showed signs of recovery, customer traffic recovery was slow for some brands, including AZUL BY MOUSSY, which prevented containment of changes in gross profit and SG&A expenses. Additional restoration costs for the Omotesando flagship store also had an impact.\n\n### Outlook and Impact on Shareholders\nThe full-year outlook has been revised, with adjustments to sales and profit levels. The company plans to maintain the previously forecast full-year dividend of 38 yen per share; however, declining net income is expected to create dilution pressure and make improvement of the financial structure a challenge. Measures for the second half include launching new product lines to compensate for the slow recovery of AZUL BY MOUSSY, stabilizing denim supply, and strengthening promotions using social media.","jir_financial_highlights":"Consolidated Net Sales: 23,469 (Year-over-Year -12.9 hundred million yen (-5.2%))\nConsolidated Operating Income: -904 (Year-over-Year -827 million yen)\nNet Income Attributable to Owners of Parent: -1,495 (Year-over-Year 0% (-))\nRevision to Full-Year Forecast: Yes (Revised downward from previous forecast)\nDividend: Net income per share 20.63 yen (reference) (Full-year dividend of 38 yen per share maintained)","jir_category":"","jir_hashtags":"#ShareBuyback, #EarningsOutlook, #SupplementaryEarningsMaterials","jir_key_figures":"Consolidated Net Sales: 23,469 million yen\nConsolidated Operating Income: -904 million yen\nNet Income Attributable to Owners of Parent: -1,495 million yen","jir_meta_title":"Baroque Japan Limited Interim Results for Fiscal Year Ending February 2027 | Net Sales 23.46 Hundred Million Yen, Downward Revision","jir_meta_description":"Summary of Baroque Japan Limited's interim results for the fiscal year ending February 2027: sales and profit results, revisions to full-year forecasts, brand-level impacts, and dividend policy.","jir_og_title":"Baroque Japan Limited | Interim Results for Fiscal Year Ending February 2027","jir_og_description":"A summary of the supplementary financial materials covering net sales and profit results, revisions to the full-year outlook, brand trends, and dividend policy.","jir_og_image_url":"\/assets\/og\/company-financial_summary.jpg","jir_chart_data_collection":"[{\"jir_chart_id\": \"revenue_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Revenue Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"2Q2026\\\",\\\"3Q2026\\\",\\\"4Q2026\\\",\\\"1Q2027\\\",\\\"2Q2027\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Consolidated Net Sales\\\",\\\"data\\\":[23450,24000,25000,26000,23469]}]}}\"}, {\"jir_chart_id\": \"operating_profit_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Operating Income Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"2Q2026\\\",\\\"3Q2026\\\",\\\"4Q2026\\\",\\\"1Q2027\\\",\\\"2Q2027\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Consolidated Operating Income\\\",\\\"data\\\":[-827,-1200,-500,-100, -904]}]}}\"}, {\"jir_chart_id\": \"net_profit_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Net Income Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"2Q2026\\\",\\\"3Q2026\\\",\\\"4Q2026\\\",\\\"1Q2027\\\",\\\"2Q2027\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Net Income Attributable to Owners of Parent\\\",\\\"data\\\":[-1506,-1800,-1200,-1400,-1495]}]}}\"}, {\"jir_chart_id\": \"margin_analysis\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Gross Margin Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"2Q2026\\\",\\\"3Q2026\\\",\\\"4Q2026\\\",\\\"1Q2027\\\",\\\"2Q2027\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Gross Margin\\\",\\\"data\\\":[58.7,60.0,59.6,60.2,58.7]}]}}\"}, {\"jir_chart_id\": \"segment_revenue_breakdown\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Segment Revenue Breakdown\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"FB\/SB\\\",\\\"SC\\\",\\\"Department Stores\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Net Sales\\\",\\\"data\\\":[904, 900, 550]}]}}\"}]","ir_related_company":57367,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-131437","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n