JapanJapan revenue reached €1,200m over the nine months, up 10.5% at constant rates but down 0.3% in euros; in the third quarter it was €402m, up 9.6% at constant rates and 3.4% in euros.
StoresHermès expanded and renovated its Hilton Plaza East store in Osaka in May and opened a new store in Nagoya in June.
Other callouts in the filing
BasisGroup revenue was €12,260m, up 2.9% as reported and 5.5% at constant rates; currency cut roughly €310m. Third-quarter revenue was €4,096m, up 5.5% as reported and 4.3% at constant rates.
floortok's reading of the filing, in our own words. Figures are the company's own; where a growth rate is our arithmetic, it says so.
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floortok holds 2 reported periods for this company.
Quarter-alone and year-to-date rows are floortok's arithmetic on the company's own filings — the quarter alone under a cumulative filing, the year to date under a quarter — shown only where the filings they need are on file. A period tagged Year-to-Date runs from the start of the company's fiscal year.
9M 2026 (Jan–Sep) · revenue only · Year-to-Date
Reported 2026-10-22revenue only
Revenue€12.3bn▲ +2.9%
Operating profit——
Net income——
Q3 alone (Jul–Sep 2026)
Revenue€4.1bn—
Operating profit——
Net income——
Japan▲ +10.5%Excludes currency swings (Hermès's own figure). Q3 alone: +9.6%.
Hermès's nine-month revenue was €12.26bn, up 5.5% at constant currency but only 2.9% as reported after roughly €310m of currency drag. Japan grew 10.5% at constant rates over the nine months and 9.6% in the third quarter, the fastest of any region that quarter, while the weaker yen left reported Japan revenue 0.3% lower for the nine months. A revenue-only update: profit comes with the full-year results.
H1 2026 (to June) · Year-to-Date
Reported 2026-07-29
Revenue€8.2bn▲ +1.6%
Recurring operating income€3.4bn▲ +0.7%
Net income€2.2bn▼ −0.4%
Japan▲ +11.0%Excludes currency swings (Hermès's own figure).
The Birkin maker grew first-half revenue 6% at constant currency, though the strong euro held the reported rise to 1.6% and eased its recurring operating margin to 41.0%. Japan was a standout, up 11% at constant currency and accelerating through the second quarter on strong store traffic and loyal local customers.
JapanJapan sales rose 11.0% at constant rates to €798m (−2.1% in euros), accelerating to +12.3% in Q2 on strong store traffic and the loyalty of local customers.
StoresHermès expanded and renovated its Hilton Plaza East store in Osaka in May, then opened a new store in Nagoya in June.
BasisThe weaker yen erased Japan's growth in euros, a 13-point gap between constant-rate (+11.0%) and reported (−2.1%) figures (floortok's arithmetic); currencies cut more than €360m from group revenue.
One-offNet profit again includes France's exceptional levy on large companies' profits, as in H1 2025; excluding it, group-share net profit would have been €2.5bn, or 30.7% of sales.
OutlookHermès confirmed its 'ambitious' medium-term goal for revenue growth at constant exchange rates, without giving a number.