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Ryohin Keikaku (7453) investor relations material
Ryohin Keikaku Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Operating revenue for the quarter rose 15.4% year-over-year to ¥228,227 million, with operating profit up 29.3% to ¥28,383 million and net income attributable to owners of parent up 47.4% to ¥22,047 million, driven by strong overseas sales, new store openings, and improved margins.
All business segments reported increases in both revenue and profit, with notable expansion in East Asia and Asia East/South & Oceania.
Net income benefited from a ¥2.3 billion extraordinary gain from the sale of all cross-shareholdings.
Gross profit margin and operating profit margin improved due to cost reductions and deferred SG&A expenses.
Full-year forecasts remain unchanged, with expectations to achieve planned revenue and profit growth.
Financial highlights
Operating revenue: ¥228,227 million (up 15.4% year-over-year), driven by strong overseas sales and increased store count.
Operating profit: ¥28,383 million (up 29.3% year-over-year), with margin up 1.3pp to 12.4%.
Net income attributable to owners of parent: ¥22,047 million (up 47.4% year-over-year), including a ¥2.3 billion extraordinary gain.
Gross profit margin improved by 1.1pp YoY to 52.6% due to in-house production cost reductions.
Basic earnings per share: ¥41.56 (reflecting a 2-for-1 stock split).
Outlook and guidance
Full-year forecast for FY ending August 31, 2026: operating revenue ¥860,000 million (up 9.6%), operating profit ¥79,000 million (up 7.0%), net income attributable to owners of parent ¥53,000 million (up 4.2%), and basic EPS ¥99.91.
No change to previously disclosed full-year forecast; global SG&A expenses and exchange rate assumptions unchanged.
All segments forecast further sales growth in LFL stores + EC for FY26/8.
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