Retail Partners (8167) Q3 2026 earnings summary

Executive summary

• Revenue increased by 4.5% year-over-year to ¥207,886 million for the nine months ended November 30, 2025, driven by new store openings, store renovations, and higher average spend per customer.

• Operating profit declined by 3.0% year-over-year to ¥4,391 million due to rising procurement and labor costs despite higher sales.

• Net income attributable to shareholders decreased by 2.0% year-over-year to ¥3,429 million.

• The group continued to execute its mid-term management plan, focusing on strengthening existing businesses, expanding through M&A, and promoting digital transformation.

Financial highlights

• Comprehensive income surged to ¥5,590 million, up 96.7% year-over-year, mainly due to gains in securities valuation.

• Gross profit rose to ¥47,495 million from ¥45,220 million year-over-year.

• Total assets increased to ¥135,878 million, up ¥8,842 million from the previous fiscal year-end.

• Net assets rose to ¥88,390 million, up ¥3,708 million year-to-date.

Outlook and guidance

• Full-year revenue forecast remains unchanged at ¥274,700 million, with operating profit projected at ¥7,300 million (up 7.0% year-over-year) and net income at ¥5,500 million (up 5.2%).

• No revision to previously announced earnings guidance.