Nishimatsuya Chain (7545) Q4 2026 earnings summary

Executive summary

• FY2026 revenue was ¥193,365 million, operating income ¥9,941 million and net income ¥6,847 million; FY2026 results are consolidated, while FY2025 comparatives are non-consolidated.

• Opened 61 stores and closed 25, ending FY2026 with 1,181 stores.

• Online sales grew significantly, supported by expanded assortment and official online store enhancements, including online store-inventory checks.

• Established a wholly owned Taiwan subsidiary for future chain store development.

Financial highlights

• FY2026 gross profit was ¥64,723 million; gross margin was 33.5%.

• Operating income was ¥9,941 million, ordinary income ¥10,566 million and net income ¥6,847 million; respective margins were 5.1%, 5.5% and 3.5%.

• FY2025 comparative revenue was ¥185,974 million; operating income ¥12,180 million, ordinary income ¥12,651 million and net income ¥8,195 million. Comparatives are non-consolidated.

• FY2026 EPS was ¥114.17, versus ¥136.48 in FY2025.

• Year-end cash and equivalents were ¥72,932 million; total assets ¥160,251 million and net assets ¥98,669 million.

Outlook and guidance

• FY2027 forecast: revenue ¥205,000 million (+6.0%), gross profit ¥71,897 million (+11.1%) and operating income ¥12,540 million (+26.1%).

• FY2027 forecast: ordinary income ¥13,000 million (+23.0%), net income ¥8,377 million (+22.3%) and EPS ¥139.78 (+22.4%).

• FY2031.2 medium-term targets: revenue ¥270 billion and ordinary income ¥23 billion.

• Priorities include high-density store expansion, store replacements to improve profitability, online and overseas growth, and greater store-work efficiency and logistics rationalization.