FujiFUJI CO., LTD.8278東証プライム小売業FY ending Feb 2026, consolidated, J-GAAP

Fuji FY ending Feb 2026 results

Fuji brought in ¥784.3B in revenue.

Out of every ¥100 of sales, about ¥2 is left as operating profit.

Revenue changed +0.8% from the prior year, operating profit -13.4%.

Revenue and profit pattern

Revenue up, profit downRevenue grew faster

Revenue +0.8% · profit -13.4%, calculated from disclosed figures.

Operating leverage: -17.33× (profit growth ÷ revenue growth)

What changed from last year

FY ending Feb 2025 → FY ending Feb 2026

Revenue
+0.8%¥778.2B → ¥784.3B
Gross profit
+0.4%¥218.8B → ¥219.8B
Operating income
-13.4%¥13B → ¥11.2B
Net income attributable to owners
+114.1%¥3.82B → ¥8.18B
Operating cash flow
+125.4%¥16.7B → ¥37.7B
Free cash flow
Back to profit-¥41M → ¥19.4B

Results at a glance

  • Revenue for the FY ending Feb 2026 edged up +0.8%, from ¥778.2B to ¥784.3B.
  • Gross profit grew only +0.4%, not enough to cover higher costs, so operating income fell -13.4% from ¥13B to ¥11.2B.
  • Net income, by contrast, rose +114.1% from ¥3.82B to ¥8.18B.
  • Operating cash flow jumped +125.4% to ¥37.7B, and free cash flow swung from a small outflow to ¥19.4B.

What drove the change

  • Sales got a lift from cheaper everyday-low-price items and Topvalu products aimed at thrifty shoppers, store refurbishments and more mobile supermarket routes.
  • Wage increases, store investment and rising logistics costs pushed SG&A up and squeezed operating income.
  • Net income was boosted by gains on selling investment securities and an affiliate stake, plus lower deferred taxes tied to impairment losses; operating cash flow also benefited from higher payables because the year ended on a bank holiday.

Things to watch

  • Ongoing inflation is holding back real incomes, and the company expects shoppers to cut back further.
  • Tension in the Middle East is expected to push up energy and raw material costs.
  • Tough competition from other supermarkets and other kinds of retailers could hurt store earnings and lead to more impairment charges.

Annual Securities Report, 59th fiscal term (Mar 2025 - Feb 2026) / 経営者による財政状態、経営成績及びキャッシュ・フローの状況の分析 · Annual Securities Report, 59th fiscal term (Mar 2025 - Feb 2026) / 事業等のリスク

Where the money goes

FY ending Feb 2025 → FY ending Feb 2026

Where ¥100 of sales goes

For every ¥100 Fuji sells, how much goes where, and how much is kept.

FY ending Feb 2026
Cost of sales
¥72
SG&A
¥30
Other costs
¥4
Operating profit
¥2
Net profit kept
¥1

Annual margin trends

Gross margin28.0%
FY ending Feb 2021: 24.3%24.3%FY ending Feb 2022: 24.3%24.3%FY ending Feb 2023: 26.7%26.7%FY ending Feb 2024: 26.9%26.9%FY ending Feb 2025: 28.1%28.1%FY ending Feb 2026: 28.0%28.0%FY21FY22FY23FY24FY25FY26
Operating margin1.4%
FY ending Feb 2021: 2.0%2.0%FY ending Feb 2022: 2.4%2.4%FY ending Feb 2023: 1.5%1.5%FY ending Feb 2024: 2.0%2.0%FY ending Feb 2025: 1.7%1.7%FY ending Feb 2026: 1.4%1.4%FY21FY22FY23FY24FY25FY26
Net margin1.0%
FY ending Feb 2021: 1.4%1.4%FY ending Feb 2022: 1.3%1.3%FY ending Feb 2023: 1.2%1.2%FY ending Feb 2024: 1.0%1.0%FY ending Feb 2025: 0.5%0.5%FY ending Feb 2026: 1.0%1.0%FY21FY22FY23FY24FY25FY26

Aligned fiscal years compare the shares of revenue remaining as gross, core, and net profit. Missing years are left unconnected.

Sources

Show source documents (6)
  • EDINET (FSA Japan)

    有価証券報告書-第59期(2025/03/01-2026/02/28)

    ID S100Y4CU2026-05-18Open
  • EDINET (FSA Japan)

    訂正有価証券報告書-第58期(2024/03/01-2025/02/28)

    ID S100WRA72025-09-26Open
  • EDINET (FSA Japan)

    有価証券報告書-第57期(2023/03/01-2024/02/29)

    ID S100TGC62024-05-17Open
  • EDINET (FSA Japan)

    有価証券報告書-第56期(2022/03/01-2023/02/28)

    ID S100QSG42023-05-19Open
  • EDINET (FSA Japan)

    訂正有価証券報告書-第55期(2021/03/01-2022/02/28)

    ID S100QFF32023-03-24Open
  • EDINET (FSA Japan)

    有価証券報告書-第54期(令和2年3月1日-令和3年2月28日)

    ID S100LDH92021-05-21Open

Extracted from XBRL: 51 / Derived from other figures: 1

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