Maxvalu TokaiMaxvalu Tokai Co., Ltd.8198東証スタンダード小売業FY ending Feb 2026, consolidated, J-GAAP

Maxvalu Tokai FY ending Feb 2026 results

Maxvalu Tokai brought in ¥377B in revenue.

Out of every ¥100 of sales, about ¥4 is left as operating profit.

Revenue changed +2.0% from the prior year, operating profit -3.6%.

Revenue and profit pattern

Revenue up, profit downRevenue grew faster

Revenue +2.0% · profit -3.6%, calculated from disclosed figures.

Operating leverage: -1.78× (profit growth ÷ revenue growth)

What changed from last year

FY ending Feb 2025 → FY ending Feb 2026

Revenue
+2.0%¥369.6B → ¥377B
Gross profit
+0.7%¥100.9B → ¥101.6B
Operating income
-3.6%¥14.1B → ¥13.6B
Net income attributable to owners
+9.2%¥9.39B → ¥10.2B
Operating cash flow
+101.5%¥9.76B → ¥19.7B
Free cash flow
Back to profit-¥698M → ¥13.2B

Results at a glance

  • Revenue for the FY ending Feb 2026 was ¥377B, up 2.0% from ¥369.6B.
  • Gross profit grew only 0.7%, and operating income fell 3.6% to ¥13.6B.
  • Net income attributable to owners still rose 9.2% to ¥10.2B.
  • Operating cash flow climbed from ¥9.76B to ¥19.7B, and free cash flow swung from negative to ¥13.2B.

What drove the change

  • New stores, store remodels, mobile supermarkets and unstaffed mini-stores brought in more customers, who also spent more per visit.
  • A pricing shift toward stronger bargains lowered the gross margin.
  • Electronic shelf labels and self-checkouts improved labor productivity, and SG&A fell slightly as a share of sales.
  • Finishing the liquidation of a subsidiary in China reduced the tax bill, which lifted net income.

Things to watch

  • Competition from other store types is intense, and the business is sensitive to consumer spending, price rises and unusual weather.
  • If hiring falls short as Japan's population ages, or labor costs rise, results could suffer.
  • Its stores sit in areas expected to be hit by major Tokai, Tonankai and Nankai earthquakes.

Annual securities report, 64th fiscal year / 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, 64th fiscal year / 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 Maxvalu Tokai sells, how much goes where, and how much is kept.

FY ending Feb 2026
Cost of sales
¥73
SG&A
¥25
Other costs
¥2
Operating profit
¥4
Net profit kept
¥3

Annual margin trends

Gross margin27.0%
FY ending Feb 2021: 27.3%27.3%FY ending Feb 2022: 27.4%27.4%FY ending Feb 2023: 27.0%27.0%FY ending Feb 2024: 27.5%27.5%FY ending Feb 2025: 27.3%27.3%FY ending Feb 2026: 27.0%27.0%FY21FY22FY23FY24FY25FY26
Operating margin3.6%
FY ending Feb 2021: 3.4%3.4%FY ending Feb 2022: 3.2%3.2%FY ending Feb 2023: 3.0%3.0%FY ending Feb 2024: 3.8%3.8%FY ending Feb 2025: 3.8%3.8%FY ending Feb 2026: 3.6%3.6%FY21FY22FY23FY24FY25FY26
Net margin2.7%
FY ending Feb 2021: 1.5%1.5%FY ending Feb 2022: 2.2%2.2%FY ending Feb 2023: 1.8%1.8%FY ending Feb 2024: 2.3%2.3%FY ending Feb 2025: 2.5%2.5%FY ending Feb 2026: 2.7%2.7%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64期(2025/03/01-2026/02/28)

    ID S100Y4942026-05-18Open
  • EDINET (FSA Japan)

    有価証券報告書-第63期(2024/03/01-2025/02/28)

    ID S100VT8O2025-05-23Open
  • EDINET (FSA Japan)

    訂正有価証券報告書-第62期(2023/03/01-2024/02/29)

    ID S100U6CO2024-08-09Open
  • EDINET (FSA Japan)

    有価証券報告書-第61期(2022/03/01-2023/02/28)

    ID S100QT2S2023-05-25Open
  • EDINET (FSA Japan)

    有価証券報告書-第60期(令和3年3月1日-令和4年2月28日)

    ID S100O46B2022-05-25Open
  • EDINET (FSA Japan)

    有価証券報告書-第59期(令和2年3月1日-令和3年2月28日)

    ID S100LEHD2021-05-26Open

Extracted from XBRL: 49 / Derived from other figures: 1

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