JM Holdings Co (3539) investor relations material

Executive summary

• Achieved record-high net sales of ¥198.54 billion for the fiscal year ended July 2026, up 6.6% year-over-year, driven by strong supermarket and restaurant segments.

• Operating profit declined 10.2% year-over-year to ¥9.03 billion, and net income attributable to shareholders dropped 23.2% to ¥4.96 billion.

• Gross profit margin decreased to 28.0% from 28.7% due to cautious price pass-through amid rising procurement costs.

• Recorded ¥1,449 million in special losses from impairment of underperforming stores, which were promptly closed.

• Comprehensive income decreased by 19.8% year-over-year to ¥5,127 million.

Financial highlights

• Revenue reached ¥198.54 billion, up 6.6% year-over-year, with existing store growth and new openings.

• Basic earnings per share fell to ¥97.31 from ¥126.02 year-over-year.

• Total assets rose to ¥76.57 billion (+¥3.85 billion YoY), and net assets increased to ¥49.25 billion (+¥3.9 billion YoY).

• Capital adequacy ratio improved to 64.1% from 62.1% year-over-year.

• Cash and equivalents at period end were ¥12,994 million, up from ¥12,396 million year-over-year.

Outlook and guidance

• Forecasts revenue of ¥205.5 billion (+3.5% YoY), operating income of ¥11.0 billion (+21.9% YoY), and net income of ¥6.66 billion (+34.3% YoY) for FY2027.

• Basic earnings per share forecasted at ¥130.70 for the next fiscal year.

• Plans to continue store revitalization, new openings, and M&A to achieve 12 consecutive years of revenue growth.

• Assumes existing store sales will rise 1.6% year-over-year.