Sekichu Q1 Operating Profit Climbs 24% to ¥371 Million; Full-Year Guidance Stays Cautious

Sekichu (TSE: 9976), a home-improvement (home-center) retailer based in Gunma Prefecture, grew first-quarter operating profit 24.3% to ¥371 million for FY2/2027 on a 3.3% rise in operating revenue to ¥8.08 billion. Net profit rose 20.7% to ¥253 million, yet the company kept cautious full-year guidance pointing to lower profit, and held its ¥30 dividend.

Home-center store exterior with garden and DIY goods Sekichu Co., Ltd. · Tokyo Stock Exchange Standard

Sekichu Co., Ltd. (TSE: 9976) reported non-consolidated results for the first quarter of FY2/2027 (February 21–May 20, 2026; J-GAAP). Operating revenue rose 3.3% to ¥8,076 million, operating profit climbed 24.3% to ¥371 million, ordinary profit rose 22.6% to ¥363 million, and net profit rose 20.7% to ¥253 million. EPS was ¥46.63.

Home-center sales firm in the first quarter

The Gunma-based home-center chain, which sells DIY, gardening, household and home-improvement goods, posted higher sales and a sharp rise in quarterly profit on better cost control. The double-digit jump in operating profit outpaced the modest 3.3% revenue gain, underscoring an improvement in operating efficiency at the start of the new fiscal year.

Balance sheet and dividend

Total assets were ¥24,456 million, net assets ¥11,922 million, and the equity ratio 48.7%. The FY2/2027 dividend forecast is ¥30.00 (year-end), unchanged from the prior year's ¥30.00 — which had included a ¥10 special dividend.

Cautious full-year guidance

Despite the strong start, management kept conservative FY2/2027 guidance that points to lower full-year results: operating revenue of ¥30,000 million (−5.9%), operating profit of ¥500 million (−19.3%), ordinary profit of ¥550 million (−13.7%) and net profit of ¥350 million (−12.5%), with EPS of ¥63.89.

Sekichu Co., Ltd. — Q1 FY2/2027 Key Financials (J-GAAP, non-consolidated)
MetricQ1 FY2/2027Q1 FY2/2026YoY
Operating revenue (¥ million)8,0767,818+3.3%
Operating profit (¥ million)371298+24.3%
Ordinary profit (¥ million)363296+22.6%
Net profit (¥ million)253209+20.7%
EPS (¥)46.6338.43+21.3%
Equity ratio48.7%50.6%-1.9pp
Annual dividend (¥)30.0030.00unchanged
FY27 net profit guidance (¥ million)350400-12.5%

JapanStockPulse provides informational content only and does not constitute investment advice. Figures are taken from the company's published earnings short report and may be subject to subsequent revision.