HONEYS HOLDINGS CO., LTD.

2792・Prime Market・Retail Trade

Official website

HONEYS HOLDINGS CO., LTD.

2792・Prime Market・Retail Trade

Official website

HONEYS HOLDINGS CO., LTD.2792

Reference Indicators

Market Cap

398¥100M

P/E (Forecast)

—

P/B

0.8x

Dividend Yield (Forecast)

3.85%

ROE

6.1%

EV/EBITDA

4.1x

Financial Summary

Unit: ¥M

Item	2022May 2022	2023May 2023	2024May 2024	2025May 2025	2026May 2026
Net Sales	47,695	54,888	56,571	57,701	56,182
Cost of Sales	18,953	21,456	22,481	23,550	23,108
Gross Profit	28,741	33,432	34,090	34,150	33,073
SG&A Expenses	23,748	25,761	27,119	28,244	28,453
Operating Income	4,993	7,670	6,970	5,906	4,619
Non-operating Income	136	352	353	98	296
Non-operating Expenses	72	1	42	14	58
Ordinary Income	5,057	8,021	7,281	5,989	4,857
Extraordinary Income	122	—	0	1	1
Extraordinary Losses	240	231	155	328	515
Pre-tax Income	4,938	7,790	7,126	5,662	4,343
Income Taxes	1,683	2,453	2,249	1,929	1,497
Net Income	3,255	5,336	4,876	3,732	2,845
EBITDA	6,065	8,795	8,140	7,242	6,003
Gross Margin	60.3%	60.9%	60.3%	59.2%	58.9%
Operating Margin	10.5%	14.0%	12.3%	10.2%	8.2%
ROA	7.0%	10.6%	9.2%	7.0%	4.9%
ROE	8.9%	13.6%	11.4%	8.3%	6.1%

Segment Performance

Unit: ¥M

2025

Segment	Net Sales	Operating Income	Operating Margin
日本	57,701	6,037	10.5%
ミャンマー	1,770	-54	-3.1%