)
ZOZO (3092) investor relations material
ZOZO Q2 2026 (Q&A) earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net sales for the semi-annual period ended September 30, 2025, rose 6.5% year-over-year to 105,249 million yen, with gross merchandise value up 11.9% to 312,473 million yen.
Operating profit increased 2.0% year-over-year to 31,074 million yen, while EBITDA grew 5.8% to 34,753 million yen.
Semi-annual profit attributable to owners of parent slightly declined by 0.6% year-over-year to 21,006 million yen.
LYST LTD was acquired and consolidated from May 2025, marking a strategic move for global expansion.
Financial highlights
Gross profit increased 7.0% year-over-year to 98,448 million yen, but gross profit margin declined by 1.7 percentage points to 33.6%.
SG&A expenses rose 9.5% year-over-year, but the SG&A-to-GMV ratio improved by 0.6 percentage points.
EBITDA margin decreased by 0.7 percentage points to 11.9%.
Ordinary profit rose 1.0% year-over-year to 30,826 million yen, with increased non-operating expenses due to higher foreign exchange losses.
Earnings per share for the period was 23.68 yen, adjusted for a three-for-one stock split.
Outlook and guidance
Full-year net sales forecast for the fiscal year ending March 31, 2026, is 231,500 million yen, up 8.6% year-over-year.
Operating profit is projected at 69,200 million yen (+6.9%), EBITDA at 76,700 million yen (+9.9%), and profit attributable to owners of parent at 47,800 million yen (+5.4%).
Earnings per share forecast is 53.66 yen.
No revisions to previously announced forecasts.
Next ZOZO earnings date
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)