Rock Field cuts full-year forecast amid tough retail environment

Rock Field announced a substantial shortfall in its consolidated earnings for the second quarter ended October 31, 2025, with net sales reaching JPY 25,063 million against a forecast of JPY 25,985 million. Operating profit plummeted to JPY 84 million from a JPY 482 million forecast, a decrease of 82.6%, primarily due to lower-than-expected sales in regional and suburban stores, increased personnel costs, and JPY 135 million in impairment losses on fixed assets.

Consequently, the company revised its full-year consolidated earnings forecast for the fiscal year ending April 30, 2026. The new forecast projects net sales of JPY 50,924 million (down from JPY 53,500 million), operating profit of JPY 378 million (down from JPY 1,411 million), and profit attributable to owners of parent of JPY 59 million (down from JPY 931 million). This represents a 73.2% decrease in operating profit from the initial forecast. Despite the revised earnings, the interim dividend remains at JPY 9 per share, with the full-year dividend projected at JPY 24 per share.

The company plans strategic initiatives in the latter half of the fiscal year, including enhancing product assortments for evening sales, expanding affordable options in underperforming regions, and opening new 'Umi & Yama Kitchen' stores in prime locations. These efforts aim to broaden its customer base and improve profitability, focusing on simplified operations and asset efficiency, alongside increasing kit salad and frozen food sales.