Nitori Holdings (9843) Q1 2026 earnings summary

Executive summary

• Revenue for the quarter ended June 30, 2025 was ¥231.7 billion, down 0.7% year-over-year.

• Operating profit decreased 0.5% to ¥36.9 billion compared to the same quarter last year.

• Net profit attributable to owners was ¥26.2 billion, a 2.2% decline year-over-year.

• Comprehensive income dropped 29.1% to ¥21.9 billion year-over-year.

Financial highlights

• Gross profit margin decreased as gross profit fell to ¥123.8 billion from ¥119.5 billion year-over-year.

• Basic and diluted EPS for the quarter were ¥231.44, down from ¥236.73 year-over-year.

• Total assets as of June 30, 2025 were ¥1,511.7 billion, down from ¥1,529.4 billion at March 31, 2025.

• Equity attributable to owners increased to ¥919.8 billion, with an equity ratio of 60.8%.

Outlook and guidance

• Full-year revenue forecast for FY ending March 31, 2026 is ¥988.0 billion, up 13.9% year-over-year.

• Operating profit is projected at ¥94.0 billion, a 13.9% increase year-over-year.

• Basic EPS forecast (post-stock split) is ¥166.35; pre-split EPS expected at ¥831.77.

• Interim dividend of ¥76.00 per share and year-end dividend forecast of ¥77.00 per share (pre-split basis: ¥154.00 full-year).