Syuppin (3179) investor relations material

Executive summary

• Full-year net sales were ¥51,924 million, 98.6% of the previous year, but exceeded the revised plan at 100.4%. Operating profit was ¥2,537 million, 74.7% of the previous year, but 102.1% of plan.

• Net sales for the fiscal year ended March 31, 2026, were down 1.4% year-over-year, with operating profit decreasing by 25.3% to ¥2,537 million.

• Ordinary profit fell 26.0% to ¥2,491 million, and net profit declined 16.6% to ¥1,685 million year-over-year.

• 4Q net sales reached a record high of ¥14,015 million, with strong performance in the camera and watch segments.

Financial highlights

• Gross profit for FY03/2026 was ¥9,753 million (99.0% YoY), with SGA expenses rising to ¥7,215 million (111.8% YoY).

• Net income was ¥1,685 million, 83.4% of the previous year, but 102.9% of plan.

• Basic earnings per share dropped to ¥78.57 from ¥93.01 year-over-year.

• Net assets per share increased to ¥483.29 from ¥466.45.

• Cash flows from operating activities rose to ¥3,051 million from ¥1,207 million year-over-year.

Outlook and guidance

• The company aims to further expand cross-border EC, enhance brand value, and accelerate AI utilization in operations and marketing.

• Plans include continued expansion into new markets, such as apparel, and strengthening customer engagement through events and digital content.

• Forecast for fiscal year ending March 31, 2027: net sales of ¥55,098 million (up 6.1%), operating profit of ¥2,754 million (up 8.5%), ordinary profit of ¥2,703 million (up 8.5%), and net profit of ¥1,851 million (up 9.9%).

• Basic earnings per share forecasted at ¥87.28 for the next fiscal year.