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Saikaya Department Store, Sep-May (Cumulative 3Q) Ordinary Profit Increases by 37%, Exceeds Full-Year Plan
8254 Saikaya Department Store Co.,Ltd. 【J-GAAP】
Earnings ReportSaikaya Department Store Co.,Ltd. <8254> [TSE Std] announced its financial results after the market closed on July 10th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending August 2025 (September 2024 to May 2025) expanded 125 million yen, an increase 37.4% compared to the same period last year. Progress toward the full-year plan of 106 million yen is 117.9%, already exceeding the target and also exceeding the same period of the previous year of 91.0%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit/loss for the June to August period (4Q) is expected to turn into a loss of 19 million yen (compared to a profit of 9 million yen in the same period last year). However, if the fourth-quarter performance remains at the same level as the first three quarters, the full-year plan may be increased.
In the most recent three-month period, from March to May (3Q), the consolidated ordinary profit dropped to 22 million yen, a 33.3% decrease compared to the same period last year. The operating profit margin worsened from 3.4% in the same period last year to 2.9%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Sep - May, 2022 | 3,962 | 54 | 44 | -82 | -16.6 | 33.3 | Jul 14, 2023 | J-GAAP |
| Sep - May, 2023 | 3,873 | 108 | 91 | 69 | 14.0 | 91.0 | Jul 16, 2024 | J-GAAP |
| Sep - May, 2024 | 3,517 | 92 | 125 | 120 | 24.3 | 117.9 | Jul 10, 2025 | J-GAAP |
| YoY | -9.2% | -14.8% | +37.4% | +73.9% | +73.7% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar - Aug, 2024 | 2,309 | 44 | 42 | 24 | 4.9 | 0 | Oct 15, 2024 | J-GAAP |
| Mar - Aug, 2025 Guidance | 2,170 | 55 | 3 | 1 | 0.2 | 0 | Apr 8, 2025 | J-GAAP |
| YoY | -6.0% | +25.0% | -92.9% | -95.8% | -95.9% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Aug, 2023 | 5,204 | 144 | 132 | 9 | 2.2 | 0 | Oct 13, 2023 | J-GAAP |
| Aug, 2024 | 4,950 | 110 | 100 | 72 | 14.7 | 0 | Oct 15, 2024 | J-GAAP |
| Aug, 2025 Guidance | 4,530 | 114 | 106 | 100 | 20.2 | 0 | Apr 8, 2025 | J-GAAP |
| YoY | -8.5% | +3.6% | +6.0% | +38.9% | +37.6% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar - May, 2024 | 1,232 | 42 | 33 | 21 | 4.3 | 3.4 | Jul 16, 2024 | J-GAAP |
| Jun - Aug, 2024 | 1,077 | 2 | 9 | 3 | 0.6 | 0.2 | Oct 15, 2024 | J-GAAP |
| Sep - Nov, 2024 | 1,074 | -17 | 41 | 38 | 7.8 | -1.6 | Jan 14, 2025 | J-GAAP |
| Dec - Feb, 2024 | 1,286 | 76 | 62 | 61 | 12.4 | 5.9 | Apr 14, 2025 | J-GAAP |
| Mar - May, 2025 | 1,157 | 33 | 22 | 21 | 4.3 | 2.9 | Jul 10, 2025 | J-GAAP |
| YoY | -6.1% | -21.4% | -33.3% | 0.0% | 0.0% |
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