RYOHIN KEIKAKU CO., LTD.
7453・Prime Market・Retail Trade
Domestic Business
The largest domestic segment supporting Ryohin Keikaku's revenue base
| Period | Current | Previous | Change |
|---|---|---|---|
| Operating revenue (cumulative third quarter) | ¥391,118 million | ¥359,072 million | ↑ |
| Segment profit (cumulative third quarter) | ¥51,179 million | ¥41,309 million | ↑ |
| Operating revenue year-on-year change | +8.9% | — | ↑ |
| Segment profit year-on-year change | +23.9% | — | ↑ |
| Number of domestic stores (end of third quarter) | 708 stores | 700 stores (end of interim period, FY2026 ending August 2026) | ↑ |
Business Details
A business that sells MUJI-branded products through directly operated stores and e-commerce (internet sales) within Japan. It offers a wide range of products centered on clothing/accessories, household goods, and food, and also includes the sourcing and logistics business. It also handles housing sales by MUJI HOUSE Co., Ltd., food and beverage sales under the Café&Meal MUJI brand, campsite operations, and product sales under the IDÉE brand. This is the core segment, accounting for approximately 56.6% of consolidated operating revenue of ¥690,788 million for the cumulative third quarter of FY2026 (ending August 2026).
Recent Overview
Revenue and profit increased on successful promotions and cost reductions; recovery trend from EC outage
For the cumulative third quarter of FY2026 (ending August 2026), the Domestic Business posted operating revenue of ¥391,118 million (up 8.9% year on year) and segment profit of ¥51,179 million (up 23.9% year on year), achieving increases in both revenue and profit. Promotional measures such as "MUJI Week," "Iine Matsuri," and "GOOD POINT WEEK" were effective, contributing to the revenue increase. Cost reductions through in-house production and restraint on price markdowns improved the gross profit margin, contributing to the profit increase. E-commerce sales, which had been affected by the ransomware-caused system outage in the prior period, have shown a gradual recovery trend since the third quarter. The company opened 33 stores mainly in suburban living areas and closed 8 stores, resulting in 708 stores in operation as of the end of the third quarter.
Key Products
Growth Drivers
- Boosting existing-store sales through promotional measures such as "MUJI Week," "Iine Matsuri," and "GOOD POINT WEEK"
- Continued improvement in gross profit margin through cost reduction from in-house production and restraint on price markdowns
- Increase in store count through new store openings mainly in suburban living areas (708 stores as of the end of the third quarter)
- Recovery of lost sales as e-commerce sales recover from the system outage
- Continued positive trend in existing-store sales through enhanced product strength, centered on skincare and daily consumables
- Expansion of customer touchpoints through strengthened marketing utilizing social media and the company's own app
Risks
- Risk of impact on e-commerce sales due to the system outage (still in the process of recovery as of the third quarter of FY2026, with risk of lost opportunity until full recovery)
- Risk of fluctuations in the domestic consumption environment (impact of price increases on consumer purchasing power)
- Risk of expanding fixed cost burden due to increased store opening costs
- Risk of impairment losses (impairment losses were recorded in the Domestic Business in the prior consolidated fiscal year)
- Risk of intensifying price and product competition with competitors
Last updated: November 21, 2025