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Pola Orbis Holdings (4927) investor relations material
Pola Orbis Holdings Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q1 consolidated net sales declined 1.2% year-over-year to ¥40,829 million, mainly due to lower POLA revenue, while operating income rose 18.7% to ¥4,925 million, driven by higher ORBIS income, improved Jurlique losses, and expense control.
Ordinary income surged 153.2% year-over-year to ¥6,257 million, aided by foreign exchange gains.
Profit attributable to owners of parent increased 88.0% year-over-year to ¥2,463 million, supported by SG&A cost controls and despite restructuring expenses.
Financial highlights
Net sales: ¥40,829 million, down 1.2% year-over-year.
Operating income: ¥4,925 million, up 18.7% year-over-year; operating margin improved from 10.0% to 12.1%.
Ordinary income: ¥6,257 million, up 153.2% year-over-year.
Basic earnings per share for Q1 FY2026 was ¥11.13, up from ¥5.92 year-over-year.
SG&A expenses decreased by ¥1,374 million year-over-year to ¥28,519 million.
Outlook and guidance
FY2026 full-year guidance unchanged: net sales ¥173,000 million (+1.6%), operating income ¥17,300 million (+10.2%), profit attributable to owners of parent ¥9,000 million (+5.0%), and EPS ¥40.67.
Annual dividend forecast maintained at ¥52 per share (payout ratio 127.8%).
- Operating income rose 12.3% on cost cuts, but FX losses drove profit down 38.1%.4927
Q2 202513 May 2026 - Net sales and income fell, but profit rose on forex gains; full-year outlook trimmed.4927
Q2 202413 May 2026 - Sales and profits fell, but domestic growth and ORBIS strength kept full-year outlook steady.4927
Q3 202413 May 2026 - Sales and profits fell in FY2024, but ORBIS grew and FY2025 targets modest recovery.4927
Q4 202413 May 2026 - Operating income rose 23.5% year-over-year, but profit fell 58.1% on forex losses.4927
Q1 202513 May 2026 - Operating income rose 10.5% year-over-year despite flat sales, led by ORBIS and cost controls.4927
Q3 202513 May 2026 - Operating income rose 13.6% on flat sales; FY2026 profit to fall due to restructuring costs.4927
Q4 202513 May 2026
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