Nitori Holdings (9843) Q4 2025 earnings summary

Executive summary

• Net sales rose 3.7% year-over-year to ¥928,950 million for the fiscal year ended March 31, 2025.

• Operating profit declined 5.8% year-over-year to ¥120,372 million.

• Profit attributable to owners of parent decreased 11.1% year-over-year to ¥76,891 million.

• Comprehensive income fell to ¥85,774 million from ¥94,931 million in the prior year.

Financial highlights

• Gross profit increased to ¥473,572 million from ¥455,949 million year-over-year.

• Operating margin declined to 13.0% from 14.3% year-over-year.

• Basic earnings per share dropped to ¥680.38 from ¥765.62 year-over-year.

• Cash and cash equivalents at year-end were ¥137,452 million, up from ¥117,313 million.

• Cash flows from operating activities decreased to ¥112,069 million from ¥143,593 million year-over-year.

Outlook and guidance

• Fiscal year ending March 31, 2026 forecast: net sales ¥988,000 million (+6.4%), operating profit ¥129,200 million (+7.3%), profit attributable to owners of parent ¥90,000 million (+17.0%), and EPS ¥796.38.

• Dividend forecast for FY2026 is ¥154.00 per share.