Aeon Hokkaido (7512) Q1 2027 earnings summary

Executive summary

• Revenue for Q1 FY2027 reached ¥93,723 million, up 2.1% year-over-year, marking a record high.

• Operating profit declined 6.3% year-over-year to ¥909 million, and net profit dropped 35.5% to ¥475 million.

• Gross profit increased 1.8% year-over-year, but higher SG&A costs and underperformance in the apparel segment led to lower profitability.

• All store formats (GMS, SM, DS) saw sales growth, with notable gains in frozen foods and delicatessen.

• Initiatives included digital transformation, expansion of private brands, and sustainability campaigns.

Financial highlights

• Gross profit: ¥29,161 million (+1.8% YoY); SG&A: ¥28,251 million (+2.1% YoY).

• Operating profit: ¥909 million (-6.3% YoY); Ordinary profit: ¥798 million (-10.1% YoY).

• Net profit: ¥475 million (-35.5% YoY); EPS: ¥3.42 (vs. ¥5.29 last year).

• Total assets: ¥194,318 million; equity ratio: 37.3% (down from 38.4%).

• Cash and equivalents at period-end: ¥5,994 million, up ¥436 million from prior year-end.

Outlook and guidance

• Full-year revenue forecast: ¥392,000 million (+3.1% YoY); operating profit: ¥8,700 million (+4.4% YoY).

• Net profit forecast: ¥3,000 million (+19.6% YoY); EPS: ¥21.56.

• No change to previously announced full-year guidance.