SHIMAMURA (8227) Q1 2026 earnings summary

Executive summary

• Net sales for Q1 FY2/26 rose 2.4% year-over-year to ¥168,369 million, with operating income up 5.0% to ¥15,311 million and profit attributable to owners of parent up 3.5% to ¥10,802 million.

• Growth was driven by strong domestic sales, successful private and joint brand product strategies, and diversified marketing initiatives.

• Comprehensive income increased 0.4% year-over-year to ¥11,286 million.

Financial highlights

• Net sales: ¥168,369 million (+2.4% YoY); gross profit: ¥58,831 million (+5.1% YoY, margin 34.9%).

• Operating income: ¥15,311 million (+5.0% YoY, margin 9.1%).

• Net income attributable to owners: ¥10,802 million (+3.5% YoY, margin 6.4%).

• Basic earnings per share: ¥146.96 (+¥4.99 YoY).

• Total assets as of May 20, 2025: ¥584,689 million, up from ¥567,144 million as of February 20, 2025.

Outlook and guidance

• FY2/26 full-year net sales forecast: ¥692,640 million (+4.1% YoY); operating income forecast: ¥60,690 million (+2.4% YoY); profit attributable to owners: ¥42,858 million (+2.3% YoY).

• SG&A expected to rise 4.6% YoY, with personnel expenses up 6.0% and higher costs for store renovations.

• Annual dividend projected at ¥205 per share.