Treasure Factory revises FY2025 forecast upward amid strong growth

Treasure Factory (TSE:3093) has released an updated presentation following corrections to its initial FY2025 forecast, citing robust financial performance. The company now projects net sales of JPY42.2 billion and an ordinary profit of JPY4.0 billion, exceeding its initial estimates. This growth is attributed to existing stores experiencing 107.9% YoY growth and an increase in e-commerce sales to 14.5% of total sales. Looking ahead, Treasure Factory outlines a medium-term management plan aiming for 30-40 new store openings annually, focusing on core regions to enhance its reuse network. By FY2028, the company targets net sales of JPY58.9 billion and an ordinary profit of JPY5.6 billion, maintaining a dividend payout ratio of 30% or higher.