AOKI Holdings Inc.
8214・Prime Market・Retail Trade
Fashion Business
Retail specialty business for men's and women's apparel operating AOKI and ORIHICA
| Period | Current | Previous | Change |
|---|---|---|---|
| Net sales | ¥102,894 million (Full year, FY2026 (ending March 2026)) | ¥102,621 million (Full year, FY2025 (ended March 2025)) | ↑ |
| Operating income (segment income) | ¥8,508 million (Full year, FY2026 (ending March 2026)) | ¥8,690 million (Full year, FY2025 (ended March 2025)) | ↓ |
| Segment assets | ¥96,593 million (End of FY2026 (ending March 2026)) | ¥102,523 million (End of FY2025 (ended March 2025)) | ↓ |
| Depreciation and amortization | ¥2,205 million (Full year, FY2026 (ending March 2026)) | ¥2,050 million (Full year, FY2025 (ended March 2025)) | ↑ |
| Increase in property, plant and equipment and intangible assets | ¥4,696 million (Full year, FY2026 (ending March 2026)) | ¥3,974 million (Full year, FY2025 (ended March 2025)) | ↑ |
| Number of stores at fiscal year-end | 611 stores (End of FY2026 (ending March 2026)) | 603 stores (End of FY2025 (ended March 2025)) | ↑ |
| Impairment loss | ¥510 million (Full year, FY2026 (ending March 2026)) | ¥360 million (Full year, FY2025 (ended March 2025)) | ↑ |
Business Details
Operates two brands: "AOKI" (centered on suburban roadside locations) and "ORIHICA" (centered in shopping centers, offering business and business-casual proposals for people in their 20s to 40s), both run by AOKI Co., Ltd. The company plans and sells men's and women's apparel centered on suits, and is currently promoting a business model transition toward LIFE & WORK STYLE. The number of stores at the end of FY2026 (ending March 2026) was 611 (603 at the end of the prior fiscal year).
Recent Overview
Revenue increased slightly and profit declined due to higher procurement costs and store-opening costs, despite contribution from new store openings
In the Fashion Business for FY2026 (ending March 2026), net sales increased slightly to ¥102,894 million (up 0.3% year on year), while operating income declined to ¥8,508 million (down 2.1% year on year) due to increased procurement costs and store-opening related expenses. AOKI opened 2 new stores and ORIHICA opened 20 new stores, expanding the total store count to 611 at fiscal year-end. Brand-strengthening initiatives were implemented, including a collaboration between the MeWORK brand and Oggi, and the feature of Naniwa Danshi and Hatake Meiku in the Freshers support fair.
Key Products
Growth Drivers
- Expansion of market share through aggressive new store openings for ORIHICA (20 new stores opened in FY2026 (ending March 2026))
- Diversification of the product mix through expansion of casual and women's products (aiming to raise the sales composition of casual and women's items over the medium to long term)
- Strengthening of high-functionality women's wear for working women through the MeWORK brand
- Continued strengthening of sales promotion for the Freshers shopping season (February to March)
- Expansion of products such as business-casual items for women within existing brands
Risks
- Medium- to long-term declining trend in demand for heavy apparel such as suits (progress of business casualization)
- Profit pressure from rising procurement costs and increased new store opening costs
- Poor sales of seasonal products due to climate factors such as prolonged summer heat and mild winters
- Rising consumer thrift and cost-conscious behavior due to inflation
- Continued recording of impairment losses (¥510 million in FY2026 (ending March 2026), an increase of ¥150 million year on year)
Last updated: June 22, 2026