Yondoshi Holdings (4°C)

Japanese apparel & fashion groups · 8008

The Japan read

From the company's own filing for H1 (Mar–Aug 2026) · reported 2026-10-09 · the filing

StoresFDC Products, the 4°C jewellery company, grew sales 13.9% to ¥6.71bn and swung to a ¥198m operating profit from a ¥125m loss. Department stores are its biggest channel: sales there rose 15.8% to ¥3.41bn, 50.9% of the total. It had 111 jewellery stores at end-August, unchanged on February.
Japan4°C's same-store sales, including online, rose 15.7% in March–August, with 9.3% more customers each spending 5.8% more, its monthly reports show. By brand, 4°C fashion jewellery sales rose 15.6%, 4°C bridal 10.5% and CANAL 4°C 7.7%.
InboundRasin, which runs four GINZA RASIN luxury-watch resale shops, grew sales 42.3% to ¥19.87bn and operating profit 91.5% to ¥2.01bn; its tax-free sales rose 97.7%. For the second half the company expects inbound demand to fall as Japan's tax-free system moves to a refund method.

Other callouts in the filing

One-offOperating profit includes a one-time ¥452m cut in pension costs at apparel subsidiary Asty, after its current staff moved to a defined-contribution plan.
OutlookIt raised its full-year sales forecast to ¥77.0bn (+10.1%) from ¥75.0bn, but kept operating profit at ¥4.3bn (+53.4%) and net income at ¥2.65bn (+47.9%), citing its view of the business environment and planned investment.

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.

Show figures in

H1 (Mar–Aug 2026) · Year-to-Date

Reported 2026-10-09

Net sales¥39.4bn+21.5%

Operating profit¥2.7bn+141.0%

Net income¥1.6bn+99.2%

Yondoshi Holdings, which calls itself 4°C Holdings, owns the 4°C jewellery brand, the GINZA RASIN luxury-watch resale shops, the Palette fashion chain and apparel maker Asty. In March–August 2026 net sales rose 21.5% to ¥39.4bn, operating profit 141.0% to ¥2.71bn and net income 99.2% to ¥1.56bn, led by GINZA RASIN and a recovery at 4°C.