Chiyoda Co., Ltd. (8185) on Oct. 9 cut its consolidated net profit forecast for the year ending February 2027 to ¥10 million from ¥1.1 billion, after booking ¥359 million in special losses including impairments in the first half.
For the six months ended Aug. 31, consolidated sales fell 3.2% year on year to ¥40.51 billion, ¥2.29 billion below the previous forecast. Operating profit dropped 59.6% to ¥557 million, and net profit attributable to owners of the parent fell 85.9% to ¥130 million, against a forecast of ¥1.25 billion.
The company said sales of its Spat Shoes line reached 135.5% of the prior-year level, but promotions including a large sale marking its 90th anniversary failed to lift customer traffic to plan, prompting additional discounting. Existing-store customer numbers came in at 98.1% of the prior year against a plan of 100.0%, and spend per customer at 99.9% against 103.5%. Inventory built up as sales missed plan, and heavier markdowns cut the consolidated gross margin to 46.8%, 1.2 percentage points below the planned 48.0%. SG&A expenses came in ¥633 million under plan but did not offset the shortfall. Net profit was further hit by the special losses and a reversal of deferred tax assets.
| Item | Previous | Revised | Change |
|---|---|---|---|
| Sales | ¥82.5 billion | ¥80.2 billion | -2.8% |
| Operating profit | ¥1.4 billion | ¥460 million | -67.1% |
| Recurring profit | ¥1.7 billion | ¥860 million | -49.4% |
| Net profit | ¥1.1 billion | ¥10 million | -99.1% |
Chiyoda kept its second-half plan unchanged, assuming existing-store customer numbers at 100.0% and spend per customer at 103.5% of the prior year, and said first-half inventory had been brought back to the prior-year level. The annual dividend forecast of ¥54 per share, including a ¥27 interim payout, was unchanged.
The company plans to file its semiannual securities report on Oct. 14, 2026, and will begin paying the interim dividend on Nov. 4, 2026.
| Hikari Tsushin, Inc. | |
| Offer price | ¥1,000 per common share |
| M&A / TOB | 1 |
| Guidance | 0 |
| Buybacks | 0 |
| Dividends | 0 |
| Capital | 0 |
| Earnings | 0 |
| People | 0 |
Summaries of public disclosures by Japanese listed companies. Not investment advice; accuracy not guaranteed. Figures and dates in the TDnet originals prevail.
本站內容為日本上市公司公開開示之摘要整理，非投資建議，亦不保證正確。數字與日程以 TDnet 原文為準。
本サイトは日本の上場企業の適時開示を要約したものであり、投資助言ではありません。正確性は保証しません。数値・日程は TDnet の原文が優先します。