J.front RetailingJ.FRONT RETAILING Co.,Ltd.3086東証プライム小売業FY ending Feb 2026, consolidated, IFRS

J.front Retailing FY ending Feb 2026 results

About 60% of J.front Retailing's sales come from Department Store Business, with SC Business and Developer Business making up much of the rest.

Out of every ¥100 of sales, about ¥11 is left as operating profit.

Revenue changed +0.7% from the prior year, operating profit -15.8%.

Revenue and profit pattern

Revenue up, profit downRevenue grew faster

Revenue +0.7% · profit -15.8%, calculated from disclosed figures.

Operating leverage: -21.68× (profit growth ÷ revenue growth)

FY ending Feb 2025 → FY ending Feb 2026

Revenue for the FY ending Feb 2026 was ¥445.1B, almost unchanged at +0.7% from ¥441.9B.
Operating income dropped -15.8% to ¥49B, and net income fell -31.7% to ¥28.3B.
Operating cash flow came in at ¥67B, down -21.9%, and free cash flow was ¥48.3B.

Tax-free sales to overseas visitors at the department stores fell sharply after a big jump the year before; sales to domestic shoppers held up
The prior year included a one-off gain from turning Shinsaibashi Kyodo Center Building into a subsidiary, so operating income fell back without it
PARCO's shopping centers saw strong sales, including from overseas visitors, lifting rent and payment fee income; the Developer Business shrank as last year's property sale gain and large construction orders did not repeat

Tax-free sales are running below plan, partly due to worsening Japan–China relations
Geopolitical tension and rising prices could weigh on consumer spending
The company lists weaker results across large-format retail and a shrinking domestic market from an aging population as key risks

Annual Securities Report (FY ending 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 (FY ending Feb 2026) / 事業等のリスク

FY ending Feb 2025 → FY ending Feb 2026

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

FY ending Feb 2026

Gross margin48.4%

Operating margin11.0%

Net margin6.4%

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 Feb 2026

Department Store Business¥267.7B
60%
Op. margin 11.2%Industry: Department Stores
SC Business¥66B
15%
Op. margin 20.7%Industry: Department Stores
Developer Business¥60.2B
14%
Op. margin 11.7%Industry: Real Estate Development & Leasing
Other¥46.8B
11%
Op. margin 0.9%Industry: Specialty Trading & Wholesale
Payment and Finance Business¥4.28B
1%
Op. margin 21.5%Industry: Credit Cards & Consumer Credit

※ 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19期(2025/03/01－2026/02/28)
ID S100Y6K02026-05-26Open
EDINET (FSA Japan)
有価証券報告書－第18期(2024/03/01－2025/02/28)
ID S100VUV02025-05-30Open
EDINET (FSA Japan)
有価証券報告書－第17期(2023/03/01－2024/02/29)
ID S100TIM52024-05-29Open
EDINET (FSA Japan)
有価証券報告書－第16期(2022/03/01－2023/02/28)
ID S100QU702023-05-26Open
EDINET (FSA Japan)
有価証券報告書－第15期(令和3年3月1日－令和4年2月28日)
ID S100O4WX2022-05-27Open
EDINET (FSA Japan)
有価証券報告書－第14期(令和2年3月1日－令和3年2月28日)
ID S100LFF72021-05-28Open

Extracted from XBRL: 44 / Derived from other figures: 1

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