譬ェ蠑丈シ夂、セ蜥悟ソ�

9271 株式会社和心

Apparel Retail · Growth

PRICE: ¥900 · MKT CAP: ¥5.9B · P/E: 8.2x · P/B: 4.73x · DIV YIELD: 1.3%

PRICE — 5Y

Characteristics & Business Summary

Wagokoro Co., Ltd. engages in retail, services, and OEM businesses in Japan. The company operates stores, which offers Japanese accessories, hairpins, Japanese umbrellas, and yukatas; and sells its products through physical stores, e-commerce sites, mail...

Income Statement Highlights (¥ Million, except EPS/DPS in ¥)

Fiscal Period	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Net Sales	1,289	902	997	1,331	2,095	2,784
Operating Profit	-997	-488	-203	49	417	568
Ordinary Profit	-993	-493	-221	11	389	532
Net Profit	-1,256	-555	-83	-13	398	707
EPS	¥-412	¥-160	¥-23	¥-2	¥62	¥109
DPS	¥0	¥0	¥0	¥0	¥0	¥0

Balance Sheet & Valuation Highlights

Total Assets ¥2B

Net Assets (Equity) ¥1B

Equity Ratio 66.4%

ROE (Return on Equity) 57.0%

Cash & Equivalents ¥1B

Interest-Bearing Debt ¥0B

Capital Expenditure (CapEx) ¥0B

Depreciation & Amort. ¥0B

Major Shareholders

1. 森智宏 25.2%
2. 株式会社フォレスト 15.5%
3. 佐野健一 11.0%
4. 吉村英毅 5.4%
5. 最上夢人 4.1%
6. Rakuten Securities, Inc. 3.5%
7. SBI SECURITIES Co., Ltd. 2.4%
8. 吉村英毅 2.4%
9. 株式会社ローカル 1.7%
10. GOLDMANSACHSINTERNATIONAL 1.7%

Activist Activity

Japan Culture Suki Foundation 20.32%

2026-06-10 · increase

Hideki Yoshimura and MIDAS Capital Inc. 8.79%

2026-05-27 · increase

Tomohiro Mori 46.49%

2026-03-23 · correction

Tomohiro Mori 46.49%

2026-03-19 · change

Tomohiro Mori 47.14%

2025-09-03 · change

Historical Per-Share Data & Valuation Ratios

Per Share Metric	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Revenues per share	¥422	¥260	¥271	¥211	¥327	¥428
FCF/Share	¥-177	¥-100	¥-47	¥-65	¥22	¥63
EPS	¥-412	¥-160	¥-23	¥-2	¥62	¥109
DPS	¥0	¥0	¥0	¥0	¥0	¥0
Capital Spending per share	¥51	¥11	¥13	¥10	¥9	¥31
Book Value per share	¥-37	¥-137	¥-131	¥15	¥81	¥190
Common Shares Outstanding	3M	3M	4M	6M	6M	7M

Financial Aggregates & Margins

Financial Aggregate	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Revenues (Net Sales)	¥1B	¥1B	¥1B	¥1B	¥2B	¥3B
Operating Margin (%)	-77.3%	-54.1%	-20.4%	3.7%	19.9%	20.4%
Net Profit (owners)	¥-1B	¥-1B	¥-0B	¥-0B	¥0B	¥1B
Net Profit Margin (%)	-97.4%	-61.5%	-8.3%	-1.0%	19.0%	25.4%
Working Capital	¥-1B	¥-1B	¥-1B	¥-0B	¥0B	¥0B
Total Debt (Interest-bearing)	¥1B	¥1B	¥1B	¥1B	¥0B	¥0B
Net Worth (Common Equity)	¥-0B	¥-0B	¥-0B	¥0B	¥1B	¥1B
Return on Total Assets (ROA)	-133.9%	-97.9%	-12.4%	-1.3%	31.2%	37.9%
Return on Common Equity (ROE)	—	—	—	-14.0%	76.6%	57.0%

Business Summary & Analysis

Capital Strategy Targets

No active capital policy disclosure records found.