Maxvalu Tokai Co (8198) Q2 2026 earnings summary

Executive summary

• Achieved record-high operating revenue for the second quarter of FY2026, with year-over-year growth in sales and net income despite a decline in operating profit due to extraordinary factors in August and cost pressures.

• Strategic focus on price competitiveness, operational efficiency, digital transformation, and sustainability management to drive customer growth and productivity.

• Continued investment in store remodeling, new store openings, and expansion of non-store businesses such as mobile supermarkets and unmanned stores.

• Technology adoption included expanding electronic shelf labels, self-checkouts, and automating ordering systems.

• Sustainability initiatives included community engagement, disaster relief, diversity promotion, and wage increases.

Financial highlights

• Operating revenue: ¥192,524 million, up 2.4% year-over-year.

• Sales: ¥188,563 million, up from ¥184,192 million year-over-year.

• Operating profit: ¥5,841 million, down 6.9% year-over-year.

• Net income attributable to parent/shareholders: ¥5,663 million, up 40.4% year-over-year, mainly due to tax effects from subsidiary liquidation.

• Earnings per share for the half-year were ¥177.64, up from ¥126.51 a year earlier.

Outlook and guidance

• Full-year forecast: Operating revenue ¥393,000 million (up 4.1% YoY), operating profit ¥14,300 million (up 1.7% YoY), net income ¥9,400 million (up 0.1% YoY).

• Annual dividend forecast: ¥85 per share, up ¥10.

• Focus on increasing customer numbers and purchase frequency to achieve annual targets.

• No changes have been made to the previously announced earnings forecast.