Demae-can's FY8/2026 Operating Loss Widens to ¥8.3 Billion on Flat Sales; Company Expects Q1 Profit on 22-28% Sales Growth

Net sales slipped 1.7% to ¥39,057 million in the year to August 31 and the operating loss widened to ¥8,288 million from ¥4,923 million. The net loss attributable to owners of the parent was ¥8,246 million, against ¥4,971 million. Demae-can, which gives quarterly rather than full-year guidance, expects first-quarter sales of ¥11,000-11,500 million and a return to operating profit.

Demae-can FY8/2026 full-year results summary

Losses widen as sales hold flat

Demae-can Co., Ltd. (TSE: 2484), the Tokyo-based operator of the Demae-can food-delivery platform, reported consolidated results for FY8/2026, the year from September 1, 2025 to August 31, 2026, on October 15, 2026 under Japanese GAAP. Net sales slipped 1.7% to ¥39,057 million, the operating loss widened to ¥8,288 million from ¥4,923 million and the ordinary loss to ¥8,235 million from ¥4,968 million. The net loss attributable to owners of the parent was ¥8,246 million, or ¥74.02 per share, against ¥4,971 million.

The company said it worked to grow the food-delivery market and its own competitiveness by expanding its line-up of partner restaurants, making delivery times more accurate and improving delivery and customer-service quality, aiming to raise satisfaction among users, couriers and merchants. Demae-can reports a single segment.

Balance sheet and outlook

Total assets fell 19.6% to ¥31,221 million as cash and deposits dropped ¥8,902 million, and net assets fell 28.6% to ¥20,431 million on the year's loss, for an equity ratio of 65.3%, down from 73.7%. Operating cash flow was an outflow of ¥8,922 million, and cash and cash equivalents ended August at ¥19,633 million. The company paid no dividend and plans none for FY8/2027.

Because the food-delivery business can change sharply in a short time, Demae-can discloses quarterly forecasts instead of a full-year one. For the first quarter of FY8/2027, September to November 2026, it expects net sales of ¥11,000-11,500 million, 22-28% above a year earlier, and an operating profit.

Demae-can Co., Ltd. — full year FY8/2026 (September 1, 2025 – August 31, 2026), Japanese GAAP, consolidated. Balance-sheet rows compare August 31, 2026 with August 31, 2025; guidance and dividend rows are full-year FY8/2027 against FY8/2026. "—" indicates a figure not disclosed.
MetricFY8/2026FY8/2025Change
Net sales (¥ million)39,05739,721−1.7%
Operating profit (¥ million)−8,288−4,923loss widened
Ordinary profit (¥ million)−8,235−4,968loss widened
Net profit attrib. to owners of parent (¥ million)−8,246−4,971loss widened
EPS (¥)−74.02−43.62loss widened
Total assets (¥ million)31,22138,848−19.6%
Net assets (¥ million)20,43128,625−28.6%
Equity ratio65.3%73.7%−8.4 pt

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.