BRUNO, Inc.
3140・Growth Market・Wholesale Trade
Home-Related Lifestyle Products Manufacturing & Wholesale Business
A manufacturing and wholesale segment for home-related lifestyle products, centered on wholesale and corporate sales to interior shops and other specialty retailers
| Period | Current | Previous | Change |
|---|---|---|---|
| Net Sales (FY2026 Q3 cumulative, nine months ended March 2026) | ¥4,868 million | ¥5,420 million (same period prior year) | ↓ |
| Operating Profit (FY2026 Q3 cumulative) | ¥556 million | ¥401 million (same period prior year) | ↑ |
| Domestic Sales (FY2026 Q3 cumulative) | ¥3,812 million | ¥4,324 million (same period prior year) | ↓ |
| Overseas Sales (FY2026 Q3 cumulative) | ¥1,056 million | ¥1,096 million (same period prior year) | ↓ |
| Unamortized Goodwill Balance (as of March 31, 2026) | ¥1,227 million | ¥1,304 million (as of June 30, 2025) | ↓ |
| Depreciation Expense (FY2026 Q3 cumulative) | ¥73 million | ¥96 million (same period prior year) | ↓ |
| Goodwill Amortization (FY2026 Q3 cumulative) | ¥93 million | ¥89 million (same period prior year) | ↑ |
Business Details
This business plans, develops, and wholesales highly design-oriented interior goods, kitchen appliances, beauty-related products, and other items to specialty stores such as interior shops and sales promotion corporations. The flagship brand BRUNO's kitchen appliances (compact hot plates, air fryers, etc.) and MILESTO travel products are marketed both domestically and overseas. Overseas sales, driven mainly by cross-border e-commerce, have continued to perform well. Note that from this quarter, Japan Girls SC Co., Ltd. has been excluded from the scope of consolidation.
Recent Overview
Sales declined, but operating profit improved substantially due to procurement/inventory control and cost reduction measures
Net sales for the nine months ended March 2026 (FY2026 Q3 cumulative) decreased to ¥4,868 million (down 10.2% year on year), affected by the mainstay hot plate's transition into a settled market phase and the deconsolidation of Japan Girls SC Co., Ltd. On the other hand, continued procurement and inventory control, cost reduction measures, and logistics cost reductions drove a substantial improvement in operating profit to ¥556 million (versus ¥401 million in the same period of the prior year, up 38.7% year on year). Expanded sales of new kitchen appliances such as air fryers and multi-blenders, as well as overseas sales via cross-border e-commerce, also continued to perform well.
Key Products
Growth Drivers
- Strengthening the product portfolio through expanded sales of new kitchen appliances such as air fryers and multi-blenders
- Continued strong performance in overseas sales centered on cross-border e-commerce
- Improvement in gross margin through continued procurement/inventory control and cost reduction measures
- Enhanced profitability through optimization of selling, general and administrative expenses, including logistics cost reductions
- Continued strong performance in corporate sales (sales promotion channel)
Risks
- Risk of slowing growth in domestic wholesale as the mainstay hot plate transitions from an expansion phase to a settled phase due to market penetration
- Cost pressure from yen depreciation and rising raw material prices (increased procurement costs)
- Geopolitical risk and rising logistics costs affecting overseas sales
- Risk that capturing travel demand, including inbound demand, for the MILESTO brand falls short of expectations
- Impairment risk related to the goodwill balance of ¥1,227 million (as of March 31, 2026)
- Impact of reduced sales scale due to the deconsolidation of Japan Girls SC Co., Ltd.
Last updated: September 29, 2025