United Super Markets HoldingsUnited Super Markets Holdings Inc.3222東証スタンダード小売業FY ending Feb 2026, consolidated, J-GAAP

United Super Markets Holdings FY ending Feb 2026 results

United Super Markets Holdings brought in ¥944.4B in revenue.

Out of every ¥100 of sales, about ¥1 is left as operating profit.

Revenue changed +18.9% from the prior year, operating profit -15.5%.

Revenue and profit pattern

Revenue up, profit downRevenue grew faster

Revenue +18.9% · profit -15.5%, calculated from disclosed figures.

Operating leverage: -0.82× (profit growth ÷ revenue growth)

What changed from last year

FY ending Feb 2025 → FY ending Feb 2026

Revenue
+18.9%¥794B → ¥944.4B
Gross profit
+17.4%¥229.9B → ¥269.8B
Operating income
-15.5%¥5.98B → ¥5.05B
Net income attributable to owners
-493.2%¥810M → -¥3.19B
Operating cash flow
+76.8%¥14.5B → ¥25.6B
Free cash flow
Back to profit-¥12B → ¥2.3B

Results at a glance

  • In the FY ending Feb 2026, revenue grew +18.9% from ¥794B to ¥944.4B, and gross profit rose +17.4% to ¥269.8B.
  • Even so, operating income slipped -15.5% from ¥5.98B to ¥5.05B.
  • The bottom line swung from a ¥810M profit to a net loss of -¥3.19B.
  • Cash was stronger: operating cash flow rose +76.8% to ¥25.6B, and free cash flow turned positive at ¥2.3B after -¥12B the year before.

What drove the change

  • More shoppers visited existing stores, and the newly merged Inageya added to sales.
  • Price cuts and heavier promotions, aimed at inflation-weary customers and rivals, lowered the gross margin.
  • Higher labor, utility and logistics costs pushed SG&A up faster than gross profit, and one-off gains from last year's merger did not repeat.

Things to watch

  • Competition for store sites is intense, including from other types of retailers, and new rival stores in its core areas could hurt sales.
  • Rising fuel costs would lift electricity and delivery bills, and supermarkets depend on power for refrigeration.
  • A sudden change in the business environment could force impairment losses on stores.

Annual securities report / 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 / 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 United Super Markets Holdings sells, how much goes where, and how much is kept.

FY ending Feb 2026
Cost of sales
¥71
SG&A
¥30
Other costs
¥2
Operating profit
¥1
Net profit kept
¥0

Annual margin trends

Gross margin28.6%
FY ending Feb 2021: 28.8%28.8%FY ending Feb 2022: 28.7%28.7%FY ending Feb 2023: 28.3%28.3%FY ending Feb 2024: 28.7%28.7%FY ending Feb 2025: 29.0%29.0%FY ending Feb 2026: 28.6%28.6%FY21FY22FY23FY24FY25FY26
Operating margin0.5%
FY ending Feb 2021: 2.7%2.7%FY ending Feb 2022: 1.7%1.7%FY ending Feb 2023: 0.9%0.9%FY ending Feb 2024: 1.0%1.0%FY ending Feb 2025: 0.8%0.8%FY ending Feb 2026: 0.5%0.5%FY21FY22FY23FY24FY25FY26
Net margin-0.3%
FY ending Feb 2021: 1.2%1.2%FY ending Feb 2022: 0.8%0.8%FY ending Feb 2023: 0.2%0.2%FY ending Feb 2024: 0.1%0.1%FY ending Feb 2025: 0.1%0.1%FY ending Feb 2026: -0.3%-0.3%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)

    訂正有価証券報告書-第11期(2025/03/01-2026/02/28)

    ID S100Y6HP2026-05-26Open
  • EDINET (FSA Japan)

    有価証券報告書-第10期(2024/03/01-2025/02/28)

    ID S100VTFM2025-05-26Open
  • EDINET (FSA Japan)

    有価証券報告書-第9期(2023/03/01-2024/02/29)

    ID S100THP32024-05-27Open
  • EDINET (FSA Japan)

    訂正有価証券報告書-第8期(2022/03/01-2023/02/28)

    ID S100QXFL2023-06-13Open
  • EDINET (FSA Japan)

    有価証券報告書-第7期(令和3年3月1日-令和4年2月28日)

    ID S100O2YD2022-05-23Open
  • EDINET (FSA Japan)

    有価証券報告書-第6期(令和2年3月1日-令和3年2月28日)

    ID S100LDAU2021-05-24Open

Extracted from XBRL: 52 / Derived from other figures: 1

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