K's Holdings (8282) Q4 2025 earnings summary

Executive summary

• Net sales increased by 2.7% year-over-year to ¥738.0 billion, driven by strong demand for seasonal products, mobile phones, and health appliances.

• Operating profit rose 16.3% to ¥21.8 billion; ordinary profit up 12.9% to ¥25.9 billion.

• Profit attributable to owners of parent surged 29.1% to ¥9.5 billion.

• Comprehensive income increased 26.4% year-over-year to ¥9,563 million.

• Same-store sales increased 0.9% for the full year, with notable Q4 strength in PCs and mobile phones.

Financial highlights

• Gross profit improved to ¥204,323 million; gross profit margin held steady at 27.7%.

• Operating margin increased to 3.0% from 2.6% year-over-year.

• Basic earnings per share rose to ¥57.08 from ¥41.64 year-over-year.

• Equity-to-asset ratio declined to 59.4% from 61.4% year-over-year.

• Cash and cash equivalents at year-end decreased to ¥9,333 million from ¥16,295 million.

Outlook and guidance

• FY2026 net sales forecasted at ¥755.0 billion (+2.3% YoY); operating profit expected to reach ¥23.0 billion (+5.6%).

• Profit attributable to owners of parent is expected to grow 5.0% to ¥10,000 million; basic EPS forecasted at ¥62.05.

• Gross profit margin projected to improve to 27.9%.

• Continued growth anticipated in PCs, mobile phones, and air conditioners.

• Store count to increase by 2, with capital investment of ¥15.3 billion planned.