MUJI無印良品母公司株式会社良品計画发布2025财年第三季度财报

Core Insights - Muji's parent company, Ryohin Keikaku, reported better-than-expected financial results for Q3 of FY2025, with all profit stages reaching historical highs [1] - The company raised its full-year forecasts for revenue and profits due to strong performance in both domestic and international markets [3] Financial Performance - Revenue increased by 19.2% year-on-year, reaching 591 billion yen, driven by the growth in the number of stores and successful sales [1] - Operating profit rose by 39.9% year-on-year to 59.4 billion yen, with an improved operating profit margin of 10.1% due to lower sales management expenses [1] - Net profit attributable to shareholders reached 43.5 billion yen, including a tax effect from the previous European business restructuring [1] Market Performance - The Chinese mainland market showed strong growth, with both existing store and e-commerce sales increasing by 111.9% year-on-year, exceeding expectations [1] - The growth was primarily driven by categories such as skincare, beauty, and home goods, supported by promotional events like "Good Friend Festival" and "618" sales [1] Revised Forecasts - The company revised its full-year outlook, increasing revenue expectations by 6 billion yen to 776 billion yen (up 17.3% year-on-year) and operating profit expectations by 3 billion yen to 70 billion yen (up 24.7% year-on-year) [3] - Same-store sales expectations were raised for Japan from 112% to 113% and for the Chinese mainland from 106% to 108% [3]