Rock Field's Q3 sales rise slightly, profit declines

Rock Field (TSE: 2910) announced its financial results for the third quarter of the fiscal year ending April 2025, reporting a slight increase in sales but a significant decline in profit. Sales rose 0.6% year-over-year to ¥39.52 billion, while operating profit decreased 14.1% to ¥1.39 billion, and net profit attributable to the parent company fell 44.2% to ¥613 million. The company attributes the profit decline to rising raw material and labor costs, compounded by a ¥500 million special loss related to a retirement bonus paid to a founder. While several RF1 stores faced reconstruction, they also managed web advancements to streamline holiday ordering. RF1 remains Rock Field’s primary earner, though there were declines with its “Itowan” and “Fusion” brands. Although the profit decline seems grim, it remains consistent with the company's revised earnings forecast.