CAN DO CO.,LTD.
2698・Standard Market・Retail Trade
CAN DO CO.,LTD. (Single Segment)
A single business segment operating a nationwide 100-yen uniform-price retail chain focused on daily sundries and processed foods
| Period | Current | Previous | Change |
|---|---|---|---|
| Net sales (cumulative first quarter) | ¥22,789 million | ¥21,951 million | ↑ |
| Operating profit (cumulative first quarter) | ¥739 million | ¥660 million | ↑ |
| Ordinary profit (cumulative first quarter) | ¥716 million | ¥661 million | ↑ |
| Quarterly profit attributable to owners of parent | ¥402 million | ¥362 million | ↑ |
| Gross profit (cumulative first quarter) | ¥8,728 million | ¥8,470 million | ↑ |
| Selling, general and administrative expenses (cumulative first quarter) | ¥7,988 million | ¥7,810 million | ↑ |
| Consolidated total assets | ¥34,084 million | ¥32,993 million | ↑ |
| Net assets | ¥10,762 million | ¥10,533 million | ↑ |
| Equity ratio | 31.6% | 31.9% | ↓ |
| Quarterly net income per share | ¥25.16 | ¥22.66 | ↑ |
| Number of stores (end of first quarter) | 1,374 stores | 1,340 stores (end of FY2026, ending February 2026) | ↑ |
| Full-year net sales forecast | ¥88,600 million | ¥87,057 million (prior fiscal year actual) | ↑ |
| Full-year operating profit forecast | ¥1,670 million | ¥1,532 million (prior fiscal year actual) | ↑ |
Business Details
As a consolidated subsidiary of AEON CO., LTD., the company operates a 100-yen uniform-price retail store chain centered on daily sundries and processed foods. Its core business is retail sales through directly-operated stores, alongside wholesale sales to franchise (FC) member stores and wholesale sales to overseas retailers. As of the end of the first quarter of FY2027 (ending February 2027), the number of stores stood at 1,374 (943 directly-operated stores [including consignment stores], 424 FC stores [including alliance stores], and 7 overseas FC stores). Under a new medium-term plan guided by the policies of "fundamental structural reform" and "execution of growth strategy," the company is pursuing three strategies: expanding sales channels, differentiating product branding, and enhancing corporate value.
Recent Overview
First-quarter net sales and operating profit both increased year on year; full-year forecast unchanged
In the first quarter of FY2027 (ending February 2027) (March to May 2026), net sales were ¥22,789 million (103.8% year on year) and operating profit was ¥739 million (112.0% year on year), representing an increase in both revenue and profit. Sales at existing directly-operated stores remained solid at 103.9% year on year. The gross profit margin declined by 0.3 percentage points year on year due to the impact of rising raw material costs, while the SG&A-to-sales ratio improved by 0.5 percentage points thanks to thorough labor-hour control and the introduction of self-checkout registers, among other measures. The number of stores at the end of the first quarter was 1,374 (a net increase of 19 stores). The full-year earnings forecast remains unchanged from the figures announced on April 9, 2026. As part of the "fundamental structural reform" under the new medium-term plan, the company is promoting the use of AI to improve the efficiency of head office operations and accelerating capital investment.
Key Products
Growth Drivers
- Expansion of highly efficient store openings centered on group-led store openings (35 new stores opened in the first quarter, net increase of 19 stores)
- Product development, cost reduction, and enhanced brand recognition leveraging the scale and synergies of the AEON Group
- Promotion of DX through the introduction of self-checkout registers and use of AI, improving store operation efficiency and reducing labor requirements
- Improvement of gross profit margin through optimization of the sales mix between 100-yen products and products at other price points
- Expansion of sales channels and improved asset efficiency through FC development, including consignment stores and alliance stores
- Improved employee productivity through human capital investment (talent development, work-style reform, and health management)
Risks
- Downward pressure on gross profit margin due to persistently high raw material and energy prices
- Risk of rising SG&A expenses due to increases in rent, cashless payment fees, and DX investment, among other factors
- Increased procurement costs for imported goods due to sharp fluctuations in foreign exchange rates
- Intensifying competition for talent acquisition and rising labor costs due to a shrinking working-age population
- Risk of downward pressure on personal consumption and heightened cost-consciousness among consumers due to rising consumer prices
- Uncertainty in the business environment due to international conditions such as U.S. policy trends and geopolitical risks
Last updated: May 25, 2026