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Zensho (7550) investor relations material
Zensho Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net sales for the nine months ended December 31, 2025, increased 10.6% year-over-year to ¥936.7 billion, with operating profit up 4.9% to ¥60.9 billion and net profit up 4.1% to ¥35.5 billion.
Cash flow from operating activities rose 26.7% year-over-year to ¥66.4 billion.
The number of stores at period end was 14,918, with 818 new stores opened and 1,319 closures during the period.
The business environment was impacted by geopolitical tensions, U.S. trade policy trends, rising raw material costs, and subdued consumer sentiment amid inflation.
Financial highlights
Cost of sales increased 12.1% year-over-year, slightly outpacing sales growth, with gross margin percentage declining by 0.6 points.
Ordinary profit grew 7.0% year-over-year to ¥59.1 billion.
Gross profit increased to ¥507.7 billion from ¥464.2 billion year-over-year.
Comprehensive income for the period was ¥50.4 billion, up 11.7% year-over-year.
Basic earnings per share for the nine months was ¥215.67, up from ¥209.89 in the prior year.
Outlook and guidance
Full-year forecast (ending March 31, 2026): net sales ¥1,223.5 billion (+7.6%), operating profit ¥82.0 billion (+9.1%), ordinary profit ¥77.4 billion (+7.7%), profit attributable to owners of parent ¥42.5 billion (+8.2%), EPS ¥260.94.
No changes to previously announced forecasts.
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