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Kusuri No Aoki Holdings (3549) investor relations material
Kusuri No Aoki Holdings Q1 2027 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net sales rose 13.8% year-over-year to ¥159,042 million for the three months ended August 20, 2026, with operating profit up 16.0% and profit attributable to owners of parent up 36.4%.
Store network expanded to 1,154 locations, including 1,123 drugstores and 25 supermarkets, with 21 new drugstores and 20 new dispensing pharmacies opened, and 7 closures.
Business environment remains challenging due to rising costs, labor shortages, and intensified competition, but efforts to expand food offerings and one-stop shopping continue.
Financial highlights
Operating profit reached ¥8,424 million (up 16.0% year-over-year), ordinary profit ¥8,568 million (up 17.6%), and net profit ¥6,866 million (up 36.4%).
Gross profit increased to ¥42,132 million from ¥36,936 million year-over-year.
Comprehensive income rose 51.0% year-over-year to ¥8,559 million.
Basic earnings per share improved to ¥72.30 from ¥50.25 year-over-year.
Outlook and guidance
Full-year forecast for fiscal year ending May 20, 2027: net sales ¥640,000 million (up 12.9%), operating profit ¥32,000 million (up 18.1%), and profit attributable to owners of parent ¥19,000 million (up 10.9%).
No changes to previously announced earnings forecasts.
- Q1 growth continued; FY net income guidance is ¥18,107m, or ¥18,500m adjusted.3549
Q1 2025 - Sales grew, but adjusted nine-month parent profit declined 2.4% YoY.3549
Q3 2025 - Food-led 1H growth contrasts with cost pressure and ambitious five-year expansion targets.3549
Q2 2026 - Sales growth and food expansion offset a cautious full-year profit outlook.3549
Q3 2026 - Sales rose 16.1%, but profit declined; full-year guidance stayed unchanged.3549
Q1 2026 - FY26 sales rose 13%; FY27 guidance targets 18.1% operating-income growth.3549
Q4 2026 - Sales rose 15.3%; FY2025 targets ¥485bn revenue and ¥25.1bn operating profit.3549
Q4 2024 - H1 sales rose 12.6%, while adjusted operating profit grew 1.6%.3549
Q2 2025 - FY May 2025 sales reached ¥501.5bn; FY May 2026 guidance projects lower earnings despite sales growth.3549
Q4 2025
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