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Workman
Workman (7564) investor relations material
Workman Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary10 Feb, 2026
Executive summary
Achieved record-high profit in Q3 for the first time in four years, with both revenue and profit increasing year-over-year.
Operating revenue for the nine months ended December 31, 2025, rose 15.5% year-over-year to ¥124,303 million, with net income up 23.2% to ¥16,037 million.
Strong sales of seasonal and recovery wear products, exceeding plan targets.
Store network expansion and renovations are progressing as planned, with new formats and corporate franchise stores introduced.
Operating profit increased 22.0% year-over-year to ¥25,220 million, and ordinary profit rose 22.9% to ¥25,847 million.
Financial highlights
Sales at all chain stores rose 12.0% year-over-year to ¥165,975 million.
Total operating revenue increased 15.5% to ¥124,303 million.
Operating profit grew 22.0% to ¥25,220 million; net income up 23.2% to ¥16,037 million.
EPS increased from 159.52 yen to 196.52 yen year-over-year.
Net assets rose to ¥148,283 million, with an equity ratio of 82.7%.
Outlook and guidance
FY ending March 2026 targets: sales at all chain stores ¥201,800 million (+10.2%), total operating revenue ¥155,000 million (+13.2%), operating profit ¥28,200 million (+15.6%), net income ¥19,700 million (+16.6%).
Plan to open 48 new stores, aiming for a 1,500-store network.
Focus on expanding Colors stores, reinforcing workwear, and evolving product lines to address climate change.
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Next Workman earnings date
Q4 202611 May, 2026
Workman
Next Workman earnings date
Q4 202611 May, 2026
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Frequently asked questions
Workman Co. Ltd. is a retail company based in Japan, focusing on a niche market of work-related apparel and accessories. Its product range encompasses a wide variety of items aimed at meeting the needs of workers across different industries. This includes both men's and women's workwear clothing, safety shoes, boots, rain suits, fleece, and a variety of safety equipment like gloves, helmets, and masks. Workman extends its offerings to casual wear, family clothing, and footwear, catering not only to professional requirements but also to everyday wear. The company operates a chain of specialty retail stores throughout Japan, employing a dual approach of franchise stores and directly-operated outlets to distribute its products. The company is headquartered in Tokyo, Japan, and its shares are listed on the Tokyo Stock Exchange.
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