Q&A regarding the full-year financial results for the fiscal year ending February 2026. Main topics include gross margin improvement, trends in inbound demand, and fluctuations in operating margin due to upfront investments.<\/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":"3093","jir_company_name":"Treasure Factory Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-04-16","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/3093-20260416-01.pdf","jir_short_summary":"Q&A regarding the full-year financial results for the fiscal year ending February 2026. Main topics include gross margin improvement, trends in inbound demand, and fluctuations in operating margin due to upfront investments.","jir_summary":"### Overview of Performance\nThis Q&A relates to the full-year financial results for the fiscal year ending February 2026. Despite concerns over rising logistics costs due to crude oil supply constraints, revenue growth is expected driven by expanding demand for secondhand goods and increasing savings consciousness. Inbound demand remains robust benefiting from the weak yen, with declines in Chinese tourists offset by increased demand from other regions. Gross margin improvement is mainly attributable to changes in the purchase coupon system, sales mix, and price control of winter inventory, and this trend is expected to continue. Leveraging high gross margins on low-priced merchandise, the company aims to maximize gross profit across a wide price range.\n\n### Outlook and Investment Strategy\nThe medium-term management plan indicates that the decline in operating margin is due to upfront investments, primarily in AI and DX, strengthening sourcing channels, and expansion into the U.S. Existing stores are expected to absorb fixed cost increases through sales growth and rising gross margin, improving operating margin. Labor cost increases reflect growth investments and base pay raises, but labor productivity will be enhanced through AI utilization to control SG&A expenses. Store openings target a scale of 800 to 1,000 stores domestically, proceeding at a pace of about 40 stores annually. Overseas, multiple stores operate in Thailand and Taiwan, and preparations for entry into the U.S. market are underway.","jir_financial_highlights":"Gross Margin Improvement: Unknown (Improvement expected to continue due to changes in the purchase coupon system from Q3 (through Q2 of fiscal year ending February 2027))\nDuty-Free Sales Ratio: Over 10% (Growth rate is gradually slowing)\nSame-store Sales Growth Rate (Full-Year Forecast): 2% (Unknown)\nStore Opening Pace: Just under 40 stores annually (Potential to increase in the future)\nLabor Cost Increase: Unknown (Increases due to ongoing base pay raises and upfront investments; SG&A ratio is declining)","jir_category":"","jir_hashtags":"#TreasureFactory, #FinancialResults, #JapaneseStocks","jir_key_figures":"Duty-Free Sales Ratio: Over 10% (growth rate slowing)\nSame-store Sales Growth Rate (Full-Year Forecast): 2%\nAnnual Store Opening Pace: Just under 40 stores (potential to increase in the future)","jir_meta_title":"[Treasure Factory] Fiscal Year Ending February 2026 Full-Year Financial Summary | Gross Margin Improvement and Growth Investment Trends","jir_meta_description":"Q&A for Treasure Factory Co., Ltd.'s full-year financial results for the fiscal year ending February 2026. Details on gross margin improvements, strong inbound demand, and the status of upfront investments such as AI and DX.","jir_og_title":"[Treasure Factory] Fiscal Year Ending February 2026 Full-Year Financial Summary | Growth Investments and Earnings Trends","jir_og_description":"Q&A on the financial results for fiscal year ending February 2026. Explanation of gross margin improvements, inbound demand, and the impact of upfront investments.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":17610,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-41166","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n