HUMAN MADE (456A) Q4 2026 earnings summary

Executive summary

• Net sales increased by 26.8% year-over-year to ¥14,273 million for the fiscal year ended January 31, 2026.

• Operating income rose 42.5% year-over-year to ¥4,531 million, and net income grew 38.2% to ¥2,941 million.

• The company was listed on the Tokyo Stock Exchange Growth Market on November 27, 2025.

Financial highlights

• Gross profit increased from ¥6,892 million to ¥9,332 million year-over-year.

• Earnings per share (EPS) rose to ¥132.78 from ¥96.80 year-over-year, reflecting the stock split.

• Net assets increased to ¥11,800 million from ¥6,147 million, with a net asset ratio of 81.3%.

• Cash and cash equivalents at year-end were ¥9,973 million, up from ¥5,509 million.

Outlook and guidance

• Forecast for fiscal year ending January 31, 2027: net sales of ¥18,500 million (up 29.6%), operating income of ¥4,800 million, net income of ¥3,300 million, and EPS of ¥36.01 (reflecting a 4-for-1 stock split effective May 1, 2026).