Marui Group (8252) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 FY2026 rose 13% year-over-year to ¥67.4 billion, with operating profit up 37% to ¥13.9 billion and net income up 28% to ¥7.9 billion, driven by record-high group transactions and strong FinTech performance.

• EPS increased 33% year-over-year to ¥44.12, reflecting higher profitability.

• Group transactions reached ¥1.284 trillion (+9% YoY), led by FinTech's card credit transactions.

Financial highlights

• Operating revenue: ¥67.4 billion (+13% YoY); operating profit: ¥13.9 billion (+37% YoY); ordinary profit: ¥12.4 billion (+34% YoY); net income: ¥7.9 billion (+28% YoY).

• Comprehensive income for Q1 FY2026 was ¥10.25 billion, up 79% year-over-year.

• Basic EPS: ¥44.12 (Q1 FY2026) vs. ¥33.06 (Q1 FY2025).

• Total assets increased to ¥1,126.8 billion (+¥73.4 billion from March 2025); equity ratio declined to 21.5% (-1.9pp).

• Interest-bearing debt rose to ¥728.1 billion (+¥91.6 billion from March 2025).

Outlook and guidance

• FY2026 full-year guidance: revenue ¥272.5 billion (+7% YoY), operating profit ¥50.0 billion (+12% YoY), net income ¥28.0 billion (+5% YoY), EPS ¥155.0 (+8% YoY), ROE 11.2%.

• Group transactions forecast at ¥5.39 trillion (+9% YoY); annual dividend projected at ¥131 (+25 YoY), marking the 14th consecutive increase.

• Retailing segment operating profit forecast: ¥11.0 billion (+28% YoY); FinTech: ¥47.0 billion (+7% YoY).