Kusuri No Aoki Holdings (3549) Q1 2027 earnings summary

Executive summary

• Net sales rose 13.8% year-over-year to ¥159,042 million for the three months ended August 20, 2026, with operating profit up 16.0% and profit attributable to owners of parent up 36.4%.

• Store network expanded to 1,154 locations, including 1,123 drugstores and 25 supermarkets, with 21 new drugstores and 20 new dispensing pharmacies opened, and 7 closures.

• Business environment remains challenging due to rising costs, labor shortages, and intensified competition, but efforts to expand food offerings and one-stop shopping continue.

Financial highlights

• Operating profit reached ¥8,424 million (up 16.0% year-over-year), ordinary profit ¥8,568 million (up 17.6%), and net profit ¥6,866 million (up 36.4%).

• Gross profit increased to ¥42,132 million from ¥36,936 million year-over-year.

• Comprehensive income rose 51.0% year-over-year to ¥8,559 million.

• Basic earnings per share improved to ¥72.30 from ¥50.25 year-over-year.

Outlook and guidance

• Full-year forecast for fiscal year ending May 20, 2027: net sales ¥640,000 million (up 12.9%), operating profit ¥32,000 million (up 18.1%), and profit attributable to owners of parent ¥19,000 million (up 10.9%).

• No changes to previously announced earnings forecasts.