‌FY2025 Third Quarter‌
Financial ResultsQ3 FY2025 (From April 1, 2025 to December 31, 2025)
Scroll Corporation
(TSE Prime Market: 8005)
‌Index
１．FY2025 Third Quarter Results ２．Full-year Results Forecasts for FY2025 ３．AppendixBusiness Overview / Company Profile
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‌FY2025 Third Quarter Results
‌Highlights (consolidated)
Increased in sales but decreased in profit
・Sales increased driven by growth in the Solutions Business, but profits declined due to struggles in the Mail-order Business.
・In the third quarter, we recorded extraordinary losses associated with the withdrawal from
unprofitable businesses in the E-commerce Business.
（Millions of yen） | FY2024 Q1-Q3 Actual | FY2025 Q1-Q3 Actual | YoY changes Amount Rate | |
Net sales | 62,842 | 65,920 | +3,077 | +4.9% |
Operating profit | 5,442 | 4,727 | -714 | -13.1% |
(Operating profit / net sales) | (8.7%) | (7.2%) | ||
Ordinary profit | 5,734 | 5,063 | -671 | -11.7% |
(Ordinary profit / net sales) | (9.1%) | (7.7%) | ||
Profit attributable to owners of parent | 3,885 | 2,151 | -1,734 | -44.6% |
Earnings per share | ¥113.09 | ¥62.42 | -¥50.67 | - |
We have recorded 1,551 million yen (Q2: 699 million yen; Q3: 851 million yen) in extraordinary losses, including
impairment loss on goodwill and a provision for loss on business liquidation.
Yen(Â¥) denotes Japanese yen. The same notation is used on all pages below.
‌Monthly sales (consolidated)
Monthly sales trended at a level exceeding the previous year.
（Millions of yen）
9,000
FY2022
FY2020
FY2025
FY2021
FY2024
FY2023
FY2019
8,000
7,000
6,000
5,000
4,000
Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar.
* Figures for FY2019 and FY2020 on this page are figures before the application of the Accounting Standard for Revenue Recognition, etc. It is displayed for reference.
‌Analysis of sales increase/decrease (consolidated)
・Consolidated revenue increased driven by growth in the Solutions Business, despite struggles in the Mail-order Business.
Solutions Business
Mail-order Business
E-commerce Business
Group Jurisdiction Business
Adjustments
+ 5,041
（Millions of yen）
+ 343
65,920
- 2,134
- 170
- 2
62,842
FY2024
Q3 cumulative
FY2025
Q3 cumulative
* We have changed some of the reportable segment classifications from FY2025.
(Some overseas subsidiaries that were included in the Group Jurisdiction Business until FY2024 have been transferred to the Mail-order Business.)
‌Analysis of ordinary profit increase/decrease (consolidated)
The Solutions Business achieved increased revenue and higher profit, driven by improved profit margins.
Profits in the Mail-order Business declined as the segment struggled to secure orders due to rising prices and unfavorable weather.
Solutions Business: Mail-order Business:
（Millions of yen）
Profit growth
from higher revenue
Improvement in Profit decline from
profit margins lower revenue
Others
（Including E-commerce
Business）
+ 235
5,734
+ 173
5,063
- 20
- 1,059
FY2024
Q3 cumulative
FY2025
Q3 cumulative
‌Segment Performance (Q1-Q3 FY2025 Actual)
Net sales
Segment profit
（Millions of yen）
Solutions Business
27,626
(+22.3ï¼…)
1,184
(+52.5ï¼…)
Increased in sales and
profit
Various services performed solidly. The allowance for doubtful accounts ratio in our payment processing is also trending toward improvement.
Mail-order Business
28,386
(-7.0ï¼…)
3,695
(-22.3ï¼…)
Decreased in sales and profit
Struggled to secure orders due to rising prices and unfavorable weather.
Focused on maintaining profitability.
E-commerce Business
10,712
(-1.6ï¼…)
122
(+124.6%)
Decreased in sales but increased in profit
Focused on completing business restructuring.
* We have changed some of the reportable segment classifications from FY2025.
(Some overseas subsidiaries that were included in the Group Jurisdiction Business until FY2024 have been transferred to the Mail-order Business.) For the comparison with the previous period, we have adjusted the figures from the previous year to reflect the new reporting segments.
‌Solutions Business Segment
Achieved increased revenue and profit, driven by growth in various services such as logistics fulfillment and marketing support.
In our payment processing, profitability improved due to strengthened debt
collection and credit management.
（Millions of yen）
Q1-Q3 FY2025
Net sales： Segment profit：
27,626
1,184
（YoY +22.3％）
（YoY +52.5％）
Quarterly sales
YoY for Q3
+1,666
(+19.2%)
Quarterly segment profit
（Millions of yen）
620
YoY for Q3
+219
(+54.6%)
401
288
219
275
156
113
Q1 Q2 Q3 Q4 Q1 Q2 Q3
FY2024
FY2025
10,322
8,656 8,637 8,663 8,641
6,927 7,001
Q1 Q2 Q3 Q4
FY2024
Q1 Q2
FY2025
Q3
‌Mail-order Business Segment
Struggled to secure orders due to rising prices, particularly for food products, and unfavorable weather.
Promoted business efficiency improvements, including inventory control and
curbing sales promotion expenses.
（Millions of yen）
Q1-Q3 FY2025
Net sales：
Segment profit：
28,386
3,695
（YoY -7.0％）
（YoY -22.3％）
Quarterly sales
YoY for Q3
Quarterly segment profit
（Millions of yen）
11,052
-557
(-5.7%)
9,695 9,772
10,172
8,473
9,214
8,999
Q1 Q2 Q3 Q4
Q1 Q2
FY2025
Q3
FY2024
2,056
YoY for Q3
1,469
1,583
-209
(-17.1%)
1,227
1,093 1,018
456
Q1 Q2 Q3 Q4 Q1 Q2 Q3
FY2024
FY2025
‌E-commerce Business Segment
Promoted the completion of business restructuring and the transformation of the business model.
We have decided to discontinue the e-commerce sales of parallel import products
and will proceed with the liquidation of the business.
* We recorded a provision for loss on business liquidation of 1,002 million yen as extraordinary losses (Q2: 151 million yen; Q3: 851 million yen).
（Millions of yen）
Q1-Q3 FY2025
Net sales：
Segment profit：
10,712
122
（YoY -1.6％）
（YoY +124.6％）
Quarterly sales
Quarterly segment profit
YoY for Q3
+202
4,399
3,416 3,597
3,869
4,071
3,492
3,148
Q1 Q2 Q3 Q4
Q1 Q2
FY2025
Q3
FY2024
(+5.2%)
YoY for Q3
108
192
29
11
13
7
-77
Q1 Q2 Q3 Q4 Q1 Q2 Q3
FY2024
FY2025
+179
‌Balance sheet statement (consolidated)
Maintaining a healthy financial position through the recognition of net profit.
March 31,
December
Change
(Millions of yen)
2025
31, 2025
amount
Current assets
38,679
39,927
+1,248
Non-current assets
17,352
18,904
+1,551
Total assets
56,032
58,832
+2,800
Current liabilities
17,903
20,095
+2,191
Non-current liabilities
1,658
1,765
+106
＜Main factors of increase/decrease＞
Accounts receivable - trade +2,078 Inventories +699
Accounts receivable - other -1,418 Investments and other assets +1,841 Allowance for doubtful accounts
(non-current) -521
Total liabilities Total net assets
Total liabilities and net assets Equity ratio
19,561
36,470
56,032
65.1%
21,860
36,972
58,832
62.8%
+2,298
+501
+2,800
-2.2P
Accounts payable - trade +450 Accounts payable - other +1,478 Income taxes payable -819 Provision for business restructuring losses +1,002
Net profit +2,151
Distribution of surplus -1,967 Treasury shares -822 Valuation difference on available-for-sale securities +919
‌Full-year Results Forecasts for FY2025‌‌Full-year Results Forecasts for FY2025 (consolidated)
Operating profit and ordinary profit are expected to exceed previously announced figures,
driven by the solid performance of the Solutions Business, our growth driver.
On the other hand, regarding profit attributable to owners of parent, we recorded extraordinary losses associated with the withdrawal from unprofitable businesses in the Ecommerce Business.
FY2024
Actual
(Millions of yen)
FY2025 Forecast
Change
(% change) / [*]
Previous Forecasts
(announced on October 31, 2025)
New Forecasts
(announced on January 30, 2026)
Vs FY2024
Actual
Vs Previous Forecasts
Net sales 84,030
87,000
87,000
+2,969
>
>
(+3.5%)
Operating profit 6,052
(Operating profit / net sales) (7.2%)
5,400
(6.2%)
5,600
(6.4%)
-452
+200
ï¼»+0.2Pï¼½
ï¼»-0.8Pï¼½
Ordinary profit 6,424
(Ordinary profit / net sales) (7.6%)
5,800
(6.7%)
6,000
(6.9%)
-424
+200
ï¼»+0.2Pï¼½
ï¼»-0.7Pï¼½
Profit attributable to
4,267
owners of parent
3,100
2,800
-1,467
-300
Return on Equity 12.2%
8.4%
7.6%
-4.6P
-0.8P
* Ordinary profit / net sales changes rate
‌Summary of Full-year Results Forecasts for FY2025 (By segment)
By business segment, we have revised the financial forecasts as follows.
(Millions of yen) | FY2024 Actual | FY2025 Forecast | Change | ||||||||
Previous Forecasts (announced onOctober 31, 2025) | New Forecasts (announced on January 30, 2026) | Vs FY2024 Actual Rate*1 Amount [Rate*3] | Vs Previous Forecasts Rate*1 Amount [Rate*3] | ||||||||
Business | Amount | Rate*1 (Rate*2) | Amount | Rate*1 (Rate*2) | Amount | Rate*1 (Rate*2) | |||||
Net sales | Solutions | 31,223 | +24.9% | 36,300 | +16.3% | 36,300 | +16.3% | +5,076 | +16.3% | - | > |
Mail-order | 38,993 | -0.4% | 36,800 | -5.6% | 36,800 | -5.6% | -2,193 | -5.6% | - | > | |
E-commerce | 15,281 | -12.7% | 14,700 | -3.8% | 14,700 | -3.8% | -581 | -3.8% | - | > | |
Group Jurisdiction | 3,543 | +8.4% | 3,900 | +10.1% | 3,900 | +10.1% | +356 | +10.1% | - | > | |
Adjustments | -5,012 | > | -4,700 | > | -4,700 | > | +312 | > | - | > | |
Total | 84,030 | +5.3% | 87,000 | +3.5% | 87,000 | +3.5% | +2,969 | +3.5% | - ー | ||
Segment profit | Solutions | 889 | (2.9%) | 1,500 | (4.1%) | 1,700 | (4.7%) | +810 | [+1.8P] | +200 | [+0.6P] |
Mail-order | 5,210 | (13.4%) | 4,000 | (10.9%) | 4,000 | (10.9%) | -1,210 | [-2.5P] | - | > | |
E-commerce | 163 | (1.1%) | 250 | (1.7%) | 250 | (1.7%) | +86 | [+0.6P] | - | > | |
Group Jurisdiction | 164 | (4.6%) | 50 | (1.3%) | 50 | (1.3%) | -114 | [-3.4P] | - | > | |
Adjustments | -3 | > | 0 | > | 0 | > | +3 | > | - | > | |
Total (Ordinary profit) | 6,424 | (7.6%) | 5,800 | (6.7%) | 6,000 | (6.9%) | -424 | [-0.7P] | +200 | [+0.2P] | |
*1 YoY changes rate
*2 Ordinary profit / net sales
*3 Ordinary profit / net sales changes rate
** We have changed some of the reportable segment classifications from FY2025.
On this page, FY2024 actual are presented on a reclassified basis for comparison with the previous year.
‌Appendix‌ Business Overview / Company Profile
‌Business Segments and Overview
（As of December 31, 2025）
Solutions Business
E-commerce
Business
Group Jurisdiction Business
We offer a "One-Stop Solution Service" to support e-commerce/mail-order business vendors 360-degree.
Mail-order
Business
We primarily offer mail-order sales (catalog and some online) targeting members of co-op
home delivery services.
SCROLL
TRADING (SHANGHAI) Co.,LTD.
SCROLL
VIETNAM CO.,LTD.
SCROLL BANGLADESH CO.,LTD.
We mainly conduct internet sales of specialized products through our own website and online shopping malls.
We manage logistics centers at various locations nationwide, utilize real estate effectively.
* We have changed some of the reportable segment classifications from FY2025.
(Some overseas subsidiaries that were included in the Group Jurisdiction Business until FY2024 have been transferred to the Mail-order Business.)
‌Company Profile
Scroll Corporation Headquarters
President and CEO
Established Stock code Capital
Main business activities
: 2-24-1 Sato, Chuo-ku, Hamamatsu-shi, Shizuoka
: Tomohisa Tsurumi
: October 1, 1943
: 8005 (TSE Prime Market)
: ¥6,229 million (As of December 31, 2025)
: Solutions Business for e-commerce/mail-order business vendors, as well as E-commerce and Mail-order Business of apparel, general merchandise, etc.
"Scroll Group Integrated Report 2025"
Issued on June 30, 2025
Highlights of the report
・Top Message
・Value Creation Story
・Interviews with external board members
Disclosure of "Scroll Group Integrated Report 2025"
https://www.scroll.jp/ir/annual/
(Available in Japanese only.)
‌Contact Corporate Planning Department, Corporate Management Division Telephone : +81-53-464-1114 (direct line)
E-mail : irï¼ mb.scroll.jp
Website address: https://www.scroll.jp/en/
★Caution regarding forward-looking statements
The forward-looking statements, including earnings forecasts, contained in these materials are based on information currently available to the Company and on certain assumptions deemed to be reasonable. These statements do not purport that the Company pledges to realize such statements. Actual business and other results may differ from the forecast figures due to various factors going forward.