Saikaya Department Store Co.,Ltd. FY2026 Outlook: Guidance Points to Rebound in Revenue and Profitability
Saikaya Department Store Co.,Ltd. (株式会社さいか屋), a long-established department store operator in Kanagawa Prefecture, reported a modest revenue increase for the full year ending August 2026, but faced significant declines in operating and net profit. The company, which operates its flagship Tsurugashima store and has been scaling back its Yokosuka location, is now under the umbrella of AFC-HD and is working to improve its corporate value through structural reforms.
Key Numbers (JPY, FY2026 Full Year)
| Metric | Amount | YoY Change |
|---|---|---|
| Revenue | JPY 2.37bn | +0.5% |
| Operating Profit | JPY 58M | -2.2% |
| Ordinary Income | JPY 31M | -69.8% |
| Net Profit | JPY 34M | -65.9% |
| Operating Margin | 2.4% | — |
| Equity Ratio | 9.8% | — |
Business Overview Saikaya Department Store Co.,Ltd. (株式会社さいか屋) is a regional department store chain with a long history in Kanagawa Prefecture. It operates its main store in Tsurugashima and has been reducing its presence in Yokosuka. The company is now part of AFC-HD and is undergoing a restructuring process aimed at improving its corporate value.
Analysis The company’s revenue increased slightly by 0.5% year-over-year (YoY), but its operating profit fell by 2.2%, and both ordinary income and net profit declined sharply by 69.8% and 65.9%, respectively. These declines were largely influenced by the absence of non-operating gains, such as fixed asset donation income, which had contributed significantly to the previous year’s results. The operating