AXAS HOLDINGS CO.,LTD.
3536・Standard Market・Retail Trade
Retail Business
Core segment accounting for approximately 58% of Group sales. Multi-format operations across physical stores and EC.
| Period | Current | Previous | Change |
|---|---|---|---|
| Sales to external customers (cumulative Q3) | ¥5,494 million | ¥5,506 million | ↓ |
| Segment profit (cumulative Q3) | ¥144 million | ¥144 million | — |
| Sales (including intersegment, cumulative Q3) | ¥5,827 million | ¥5,907 million | ↓ |
Business Details
A segment engaged in retail sales of cosmetics, daily lifestyle goods, sports gear, outdoor gear, alcoholic beverages, etc. to general consumers. Composed of six units: Health & Beauty Care, Lifestyle, Athle, Home Keeper, Arco, and EC. In April FY2026 (Reiwa 8), newly opened Arec Comfort Foleo Otsu Ichirisan (Otsu City, Shiga Prefecture), bringing the Group's total store count to 42 as of the end of the third quarter. The segment aims to provide added value to customers' lifestyles through proposal capability, expertise, and originality, from the perspectives of beauty, health, and leisure.
Recent Overview
Sales decreased 1.3% year-on-year for the same quarter, while segment profit was nearly flat, decreasing 0.1%.
For the cumulative nine months of FY2026 (ending August 2026) (September 1, 2025 to May 31, 2026), the Retail Business posted sales of ¥5,827 million (down 1.3% year on year) and segment profit of ¥144 million (down 0.1% year on year). While premium hair care and women's apparel tops performed well, the decline in soccer-related merchandise sales due to the J.League season transition and the struggle in alcohol EC sales due to the weak yen weighed on results. In April FY2026 (Reiwa 8), Arec Comfort Foleo Otsu Ichirisan was newly opened, bringing the Group's total store count to 42.
Key Products
Growth Drivers
- Continued strong sales of premium hair care products (such as hair treatments exclusive to beauty salons)
- Expanded sales of strong categories in the Lifestyle Unit, such as women's apparel tops
- Expanded sales of popular products in the Athle Unit, such as bags and men's sports casual wear
- Strengthening of standard products such as cleansing water, shoes, and outdoor brands in the EC Unit
- Sales contribution from new store openings, including Arec Comfort Foleo Otsu Ichirisan opened in April FY2026 (Reiwa 8)
- Development of original products and improved profit margins through the incorporation of GIVERS' OEM and planning functions
Risks
- Rising procurement costs due to the prolonged weak yen and struggling sales of high-priced items amid strengthening consumer thrift consciousness
- Risk of sales decline in specific categories due to changes in the external environment, such as the J.League season transition
- Adverse impact on sales of writing instruments and files, etc. from price increases due to surging raw material costs
- Risk of sales decline due to temporary store closures associated with store relocations and renovations
- Risk of declining store traffic due to diversifying consumer preferences and intensifying EC competition
- High level of interest-bearing debt outstanding (including Group-wide short-term borrowings of ¥9,080 million, etc.), posing a risk of increased financial burden in a rising interest rate environment
Last updated: November 26, 2025