Financial Highlights

  • Net Sales and Earnings
  • Assets
  • Cash Flows
  • Earnings Forecast

Projected performance for the fiscal year ending March 31, 2018

millions of yen
2017
(April 1, 2016 –
March 31, 2017)
2018 Forecast
(April 1, 2017 –
March 31, 2018)
  Full Fiscal Year Results vs. Sales(%) First
Half
Second Half  Full Fiscal Year vs. Sales(%) YoY(%)
Net Sales 145,535 100.0 68,686 85,172 153,859 100.0 105.7
Gross profit 74,155 51.0 35,033 43,753 78,786 51.2 106.2
SGA expenses
64,990 44.7 33,282 35,551 68,833 44.7 105.9
Operating income 9,165 6.3 1,750 8,202 9,953 6.5 108.6
Non-operating income and expenses
255 0.2 26 120 146 0.1 57.6
Ordinary income 9,420 6.5 1,777 8,322 10,100 6.6 107.2
Extraordinary income and loss
(1,366) -0.9 (681) (818) (1,500) -1.0
Net income attributable to owners of parent 5,191 3.6 570 4,926 5,496 3.6 105.9

In the fiscal year ending March 31, 2018, the UNITED ARROWS Group is targeting an increase in revenue and earnings as well as an improvement in the gross margin, operating margin, and ordinary margin.

In the fiscal year ending March 31, 2018, consolidated sales are projected to reach ¥153.8 billion, up 5.7% year on year based on the assumption that UNITED ARROWS LTD. existing retail and online store sales improve 3.1% year on year. The Company targets the gross margin of 51.2%, an improvement of 0.3 of a percentage point compared with the previous fiscal year due to a variety of factors including an increase in the ratio of regular price sales. The SGA expenses to sales ratio is also expected to remain roughly in line with previous period at 44.7% after incorporating into plans such factors as the expenses required to fill vacant positions. However, every effort will be made to progress activities aimed at reducing the SGA expenses to sales ratio during the period. The Company targets operating income to grow 8.6% year on year, to ¥9.9 billion and ordinary income to improve 7.2%, to ¥10.1 billion compared with the previous fiscal year. Net income is projected to increase 5.9% year on year, to ¥5.4 billion after factoring into plans to reflect the possibility of an extraordinary loss of ¥1.5 billion in line with efforts to closely scrutinize unprofitable endeavors.