H2O RetailingH2O RETAILING CORPORATION8242東証プライム小売業FY ending Mar 2026, consolidated, J-GAAP

H2O Retailing FY ending Mar 2026 results

About 66% of H2O Retailing's sales come from Supermarket business, with Department and Shopping center business making up much of the rest.

Out of every ¥100 of sales, about ¥5 is left as operating profit.

Revenue changed -0.2% from the prior year, operating profit -7.0%.

Revenue and profit pattern

Revenue and profit down

Revenue -0.2% · profit -7.0%, calculated from disclosed figures.

Operating leverage: 30.98× (profit growth ÷ revenue growth)

FY ending Mar 2025 → FY ending Mar 2026

Revenue for the FY ending Mar 2026 was ¥680.2B, nearly unchanged from ¥681.8B (-0.2%).
Operating income slipped from ¥34.8B to ¥32.4B (-7.0%), and net income dropped from ¥34.8B to ¥29.9B (-14.0%).
Cash generation improved: operating cash flow rose to ¥48.3B (+4.5%) and free cash flow to ¥22.7B (+48.4%).

Department store profit fell: inbound sales dropped as fewer Chinese tourists visited, floor space at the Hankyu main store was closed for the remodel, and a POS system replacement added one-off costs
The supermarket business grew sales and profit, helped by higher spending per customer amid rising prices and by new value-focused and low-price store formats
Net income fell because large special losses, such as impairments, offset special gains that included selling shares in Toho

A shrinking and aging population, polarized consumer spending, and tougher competition across retail formats
Its stores are concentrated in Kansai, so a major disaster such as a Nankai Trough earthquake could hit many locations at once
Cyberattacks that disrupt systems or leak customer data

Annual securities report, 107th term / 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, 107th term / 事業等のリスク

FY ending Mar 2025 → FY ending Mar 2026

※ Segment revenues include inter-segment sales and are scaled to consolidated revenue

For every ¥100 H2O Retailing sells, how much goes where, and how much is kept.

FY ending Mar 2026

Gross margin45.3%

Operating margin4.8%

Net margin4.4%

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

Revenue by business segment, and the profit each one keeps.

FY ending Mar 2026

Supermarket business¥415.9B
66%
Op. margin 2.4%Industry: Supermarkets
Department¥185.3B
29%
Op. margin 12.8%Industry: Department Stores
Shopping center business¥28.5B
5%
Op. margin 13.5%Industry: Real Estate Development & Leasing

※ Segment figures include inter-segment sales and do not sum to the company total

Show source documents (6)

EDINET (FSA Japan)
有価証券報告書－第107期(2025/04/01－2026/03/31)
ID S100YDD02026-06-23Open
EDINET (FSA Japan)
有価証券報告書－第106期(2024/04/01－2025/03/31)
ID S100W06B2025-06-24Open
EDINET (FSA Japan)
有価証券報告書－第105期(2023/04/01－2024/03/31)
ID S100TQI42024-06-25Open
EDINET (FSA Japan)
有価証券報告書－第104期(2022/04/01－2023/03/31)
ID S100R4BV2023-06-28Open
EDINET (FSA Japan)
有価証券報告書－第103期(令和3年4月1日－令和4年3月31日)
ID S100O8HR2022-06-22Open
EDINET (FSA Japan)
有価証券報告書－第102期(令和2年4月1日－令和3年3月31日)
ID S100LKVZ2021-06-22Open

Extracted from XBRL: 53 / Derived from other figures: 1

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