CREEK & RIVER (4763) Q3 2026 earnings summary

Executive summary

• Achieved record-high sales and profits for Q3, including and excluding the newly consolidated Takahashi Shoten Group, with net sales for the nine months ended November 30, 2025, rising 19.5% YoY to ¥45,551 million and operating profit up 26.2%.

• Quarterly net profit exceeded plan, with strong progress in line with forecasts, and comprehensive income increased 58.4% YoY to ¥3,160 million.

• Six out of eight business categories posted increased revenue and profits compared to the previous quarter.

Financial highlights

• Q3 sales: ¥45,551 million (up 20% YoY); operating profit: ¥3,768 million (up 26% YoY); net profit: ¥3,098 million (up 53% YoY); ordinary profit: ¥3,723 million.

• Gross profit margin: 36.5% (down 0.9pt YoY); operating profit margin: 8.3% (up 0.5pt YoY); gross profit rose to ¥16,624 million.

• Takahashi Shoten Group contributed ¥4.9 billion in sales and ¥500 million in operating profit for the full year.

• Equity ratio decreased to 41.0% from 58.6% at prior year-end due to increased borrowings and asset expansion; net assets rose to ¥18,369 million.

• Basic earnings per share for the period was ¥146.46, up from ¥94.87 YoY.

Outlook and guidance

• Full-year sales forecast: ¥60,000 million (up 19% YoY); operating profit: ¥5,000 million (up 38% YoY); net profit: ¥3,200 million (up 42% YoY); ordinary profit: ¥5,000 million.

• Basic earnings per share forecasted at ¥149.88 for the full year.

• Plans to increase sales in all categories, targeting double-digit profit growth.

• Dividend per share planned at ¥45, with a payout ratio policy of 30%.