Life Corporation (8194) Q4 2025 earnings summary

Executive summary

• Achieved record-breaking sales and profit growth in FY2024, with operating revenue at ¥850.5 billion and profit at ¥17.95 billion, both up over 5% year-over-year, driven by new store openings, online supermarket expansion, and private brand initiatives.

• Net sales exceeded ¥800 billion for the first time, supported by strong existing store performance.

• Tokyo Region outperformed Osaka Region in net sales for the first time, reflecting regional growth.

• Productivity improvements and cost optimization through Kaizen activities offset rising personnel and property expenses.

• Continued focus on unique product development, digital transformation, and sustainability under the 7th Medium-Term Plan.

Financial highlights

• Operating revenue rose 5.0% year-over-year to ¥850.5 billion; net sales up 5.0% to ¥818.9 billion.

• Operating profit increased 4.8% to ¥25.3 billion; ordinary profit up 5.0% to ¥26.2 billion; net profit grew 6.0% to ¥17.95 billion.

• Online supermarket net sales surged to ¥24.8 billion, up 24% year-over-year.

• Gross profit increased to ¥254.9 billion; EPS was ¥195.11 post-share split; ROE stable at 13.0%.

• Comprehensive income was ¥18.1 billion, down 1.5% year-over-year.

Outlook and guidance

• FY2025 forecast targets operating revenue of ¥885 billion (+4.1%) and net sales of ¥852 billion (+4.0%).

• Operating profit expected to rise 1.7% to ¥25.7 billion; net profit forecast at ¥18 billion (+0.3%); EPS projected at ¥208.05.

• Planned investments of ¥21.2 billion, focusing on new stores, renovations, and IT systems.

• Dividend forecast for FY2025/FY2026 is ¥65 per share post-split, with a payout ratio of 31.2%.