ABC-MART reports modest Q2 sales growth despite currency headwinds

ABC-MART, Inc. announced consolidated net sales of 190,132 million yen for the second quarter of the fiscal year ending February 2026, marking a 0.9% increase year-on-year. Operating profit, however, saw a slight decrease of 1.2% to 33,644 million yen, while ordinary profit rose by 2.3% to 35,924 million yen. Profit attributable to owners of parent increased by 0.8% to 24,336 million yen.

Domestic sales increased by 6.4% to 139,691 million yen, while overseas sales decreased by 8.4% to 52,948 million yen, primarily due to political turmoil, economic deterioration, and unfavorable currency exchange rates. The company's total assets grew to 443,562 million yen as of August 31, 2025, with net assets reaching 383,006 million yen.

The full-year forecast for the fiscal year ending February 2026 remains unchanged, with projected net sales of 383,900 million yen and profit attributable to owners of parent of 45,530 million yen. The company plans an annual dividend of 70.00 yen per share, with an interim dividend of 35.00 yen per share for the current fiscal year. New store openings include 20 domestic and 15 overseas locations, bringing the total to 1,503 stores.