Kintetsu Department Store (8244): FY2025 Results Summary — Revenue and Profit Rise on Expo Store Contribution

This article is based on publicly available IR materials and is not a recommendation to buy or sell any specific securities.

Note: Kintetsu Department Store does not publish an English-language results presentation; this article is an English translation of the Japanese-language article on our sister site Investalk, which is based on the company’s Japanese-language IR materials, with figures transcribed as reported.

Note: Kintetsu Department Store’s fiscal year runs from March to February. The results below are for the fiscal year ended February 28, 2026 (the company’s “2026年2月期”), which this article classifies as FY2025 under our site’s calendar convention. The forecast figures are for the fiscal year ending February 28, 2027 (the company’s “2027年2月期”), classified as FY2026.

Kintetsu Department Store announced its consolidated results for the fiscal year ended February 28, 2026. Revenue and profit both increased, driven by the opening of an official store for the Osaka-Kansai Expo. The company recorded compensation income related to the closure of its Nagoya store (Kintetsu Passe) as extraordinary income, while it recorded impairment losses on store assets at the Yokkaichi and Nara stores as extraordinary losses.

Consolidated Results (FY2025 Actual)

Revenue was ¥125,450 million (up 9.0% year on year), operating profit was ¥6,718 million (up 25.5%), ordinary profit was ¥6,613 million (up 28.5%), and net income attributable to owners of the parent was ¥3,709 million (up 6.4%). (Figures in millions of yen.)

Item	FY2025 (Actual)	Previous Year (Actual)	Change (Amount)	Change (%)
Revenue	125,450	115,107	10,342	9.0%
Operating Profit	6,718	5,353	1,364	25.5%
Ordinary Profit	6,613	5,148	1,464	28.5%
Net Income Attributable to Owners of Parent	3,709	3,484	224	6.4%

Extraordinary income was ¥5,473 million (¥232 million in the previous year), including compensation income of ¥4,531 million related to the closure of the Nagoya store and a gain on sale of investment securities of ¥942 million. Extraordinary losses were ¥6,097 million (¥420 million in the previous year), including impairment losses of ¥4,314 million on the Yokkaichi and Nara stores, store closure losses of ¥1,330 million, and losses on disposal of fixed assets and other items of ¥452 million. Total selling, general and administrative expenses were ¥57,049 million (up 8.0% year on year), with miscellaneous expenses rising 30.8% due to an increase in Expo-related costs.

Segment Results

In the Wholesale/Retail segment, revenue increased on strong used-car sales at Sterne Kintetsu, but profit declined due to a lower profit margin, among other factors. In the Interior segment, hotel construction orders at Kinso remained strong. In the Other segment, K-Support was excluded from consolidation from the third quarter of the fiscal year ended February 2025.

Segment	External Revenue	Segment Profit
Department Store	103,168	5,692
Wholesale/Retail	15,024	196
Interior	4,470	788
Real Estate	340	241
Other	2,446	57
Subtotal	125,450	6,976
Adjustments	―	△257
Consolidated Total	125,450	6,718

Store and Product Category Results

By store, sales for the fiscal year ended February 2026 grew at Abeno Harukas (including Hoop and others), which rose to ¥61,562 million (up 19.6% year on year). By contrast, sales at the Nara store were ¥7,834 million (down 3.1%) and at the Kashihara store were ¥4,312 million (down 2.3%). By product category, sundries rose to ¥20,165 million (up 64.2%) and food rose to ¥34,663 million (up 13.6%), while personal accessories declined to ¥6,094 million (down 11.0%) and cosmetics declined to ¥13,929 million (down 5.7%).

Store	FY2025 Sales	Change (Amount)	Change (%)
Abeno Harukas (incl. Hoop and others)	61,562	10,071	19.6%
Uehonmachi Store	7,499	△59	△0.8%
Higashiosaka Store	1,304	49	4.0%
Nara Store	7,834	△251	△3.1%
Kashihara Store	4,312	△102	△2.3%
Ikoma Store	2,745	135	5.2%
Wakayama Store	6,458	49	0.8%
Kusatsu Store	4,504	166	3.8%
Yokkaichi Store	6,674	99	1.5%
Nagoya Store	1,871	△20	△1.1%
Total	104,768	10,138	10.7%

FY2026 Forecast

For the fiscal year ending February 28, 2027, the company forecasts consolidated revenue of ¥115,000 million (down 8.3% year on year), operating profit of ¥5,400 million (down 19.6%), ordinary profit of ¥5,200 million (down 21.4%), and net income of ¥3,700 million (down 0.2%). For the six months through the second quarter, it expects revenue of ¥56,000 million (down 10.5%), operating profit of ¥1,800 million (down 31.3%), ordinary profit of ¥1,700 million (down 35.4%), and net income of ¥1,000 million (down 72.1%).

Item	FY2026 Forecast	FY2025 (Actual)	Change (Amount)	Change (%)
Revenue	115,000	125,450	△10,450	△8.3%
Operating Profit	5,400	6,718	△1,318	△19.6%
Ordinary Profit	5,200	6,613	△1,413	△21.4%
Net Income	3,700	3,709	△9	△0.2%

This article is an analysis based on publicly available information and is not a recommendation to buy or sell any specific securities. Investment decisions are your own responsibility.