TORIDOLL (3397) Q1 2026 earnings summary

Executive summary

• Achieved record Q1 revenue of ¥69.9 billion (+6.1% YoY) and business profit of ¥6.4 billion (+44.0% YoY), with historical highs across all segments.

• Operating profit reached ¥8.1 billion (+128.9% YoY) and net profit attributable to owners was ¥4.4 billion (+190.3% YoY), both record Q1 results, aided by one-time overseas gains.

• Growth was driven by strong domestic performance, new store openings, and robust Asia business, while overseas revenue declined due to franchising and closures.

• Other operating income included insurance proceeds and lease cancellation gains related to overseas store closures.

• Progress in line with consolidated forecasts, with full-year guidance unchanged.

Financial highlights

• Revenue: ¥69.9 billion (+6.1% YoY); Business profit: ¥6.4 billion (+44.0% YoY); Operating profit: ¥8.1 billion (+128.9% YoY); Net profit: ¥4.4 billion (+190.3% YoY).

• EBITDA for Q1 FY3/26 was ¥13.7 billion (+16.7% YoY); adjusted EBITDA was ¥13.8 billion (+11.9%).

• Earnings per share (basic) rose to ¥49.04 from ¥16.24 YoY.

• Free cash flow rose to ¥8.4 billion; cash and equivalents at period end: ¥79.2 billion.

• Comprehensive income for the period was ¥1.97 billion, down from ¥8.0 billion YoY due to negative FX effects.

Outlook and guidance

• Full-year revenue forecast: ¥282.0 billion (+5.1% YoY); business profit: ¥19.6 billion (+7.7% YoY); operating profit: ¥14.6 billion (+68.3% YoY); net profit: ¥5.5 billion (+193.5% YoY).

• No revision to the previously disclosed full-year forecast.

• Marugame Seimen and Other Domestic segments expected to drive growth; overseas segment to recover with improved profitability.