Seria (2782) investor relations material

Executive summary

• Achieved record-high revenue of ¥255,695 million for the fiscal year ending March 2026, with operating profit up 24.5% and net profit up 31.0%.

• Existing store sales rose 5.5% year-over-year, and operating profit margin increased to 8.2% from 7.1% in the previous year.

• Strategic store openings and closures focused on optimizing store portfolio and profitability, with 117 new stores opened and 53–55 closures.

• Gross margin improved as cost of goods sold ratio fell by 0.3 points; SG&A ratio decreased by 0.8 points.

Financial highlights

• Operating income rose 24.5% to ¥20,968 million; net income grew 31.0% to ¥14,696 million; EPS reached ¥219.08 (+47% YoY).

• Ordinary profit was ¥21,287 million (+25.3% YoY).

• Operating cash flow increased to ¥19,016 million; significant outflow in financing due to share buyback and dividend payments.

• Cash and equivalents at year-end: ¥38,049 million, down from ¥54,028 million.

Outlook and guidance

• Fiscal 2027 revenue forecasted at ¥273,600 million, up 7.0% year-over-year; operating profit expected to reach ¥21,100 million (+0.6% YoY); net profit forecast at ¥14,800 million (+0.7% YoY).

• Existing store sales projected to grow 3.8% for the year.

• Anticipates higher cost of goods sold due to Middle East situation and rising raw material costs, partially offset by lower SG&A ratio.

• Plans for 120 new store openings and 60 closures in FY2027.

• Annual dividend forecast for next year: ¥80 per share.