Ministop returns to profit, driven by strong sales and strategic reforms

Ministop announced a return to profitability for the second quarter (interim) of the fiscal year ending February 2026, with consolidated operating revenue reaching JPY 48,727 million, a 9.5% increase year-on-year. The company posted an operating profit of JPY 1,116 million, a substantial improvement from the JPY 799 million loss in the prior year. Ordinary profit also surged to JPY 1,348 million, reversing a JPY 591 million loss. Profit attributable to owners of parent was JPY 502 million, up from a JPY 684 million loss. The company confirmed an interim dividend of JPY 10.00, with a forecast of JPY 20.00 for the full year.

The positive results are attributed to strategic reforms, including enhancements to in-store processed fast food, which saw a 105.8% increase in daily sales per store. Overall existing store average daily sales increased by 0.6% to JPY 440 thousand, with gross profit margin improving to 31.4%. Despite a decrease in the total number of domestic stores to 1,817 (down 39), the company's Vietnam operations showed mixed results, with overall sales declining by 4.6% to JPY 4,650 million, leading to an operating loss of JPY 259 million. The company's total assets grew by JPY 14,122 million to JPY 88,809 million, while net assets increased by JPY 586 million to JPY 33,368 million.