Treasure Factory (3093) Q3 2026 earnings summary

Executive summary

• Net sales for the first nine months reached ¥35.2 billion, up 15.3% year-over-year, with operating profit rising 12.2% and profit attributable to owners increasing 14.7%.

• Existing stores achieved 51 consecutive months of year-over-year sales growth, supported by strong demand for reuse items and successful low-priced item promotions.

• Opened 28 new stores in the first nine months, progressing toward the annual target of 30-35 new stores.

Financial highlights

• Net sales for the first nine months: ¥35.2 billion (+15.3% YOY); operating profit: ¥3.35 billion (+12.2% YOY); ordinary profit: ¥3.41 billion (+13.4% YOY); profit attributable to owners: ¥2.25 billion (+14.7% YOY).

• Earnings per share for the period: ¥95.87 (+14.7% YOY).

• Q3 net sales and operating profit both grew over 15% YOY, with operating profit ratio maintained above 11% in Q3.

• Duty-free sales ratio increased to 10.7% (+0.9 pts YOY).

• Comprehensive income for the period was ¥2,289 million, up 15.3% from the previous year.

Outlook and guidance

• FY2026 full-year forecast: net sales ¥46.2 billion (+9.6% YOY), operating profit ¥4.42 billion (+9.5% YOY), ordinary profit ¥4.44 billion (+8.8% YOY), profit attributable to owners ¥3.01 billion (+11.0% YOY), EPS ¥128.37.

• Dividend per share forecast for FY2026: ¥39.00 (+3 yen YOY), with a payout ratio target of 30% or higher.

• Medium-term plan targets net sales of ¥58.9 billion and ordinary profit of ¥5.69 billion by FY2028.

• No revisions to the previously announced dividend or earnings forecasts.