During the first nine months of the current fiscal year (May 1, 2025 to January 31, 2026), the Japanese economy recovered gradually along with an improvement in the employment and income environment. However, conditions remain uncertain due to the risk of downward pressure on the domestic economy from trends in overseas trade policy, as well as the situation in the Middle East, rising prices, and fluctuations in financial and capital markets.
Against this backdrop, in March 2025, the AIN HOLDINGS Group (the Group) announced its medium-to-long-term vision, “Ambitious Goals 2034: A decade to promote innovation and strive for our challenging goal of a trillion yen in sales.” To ensure medium-to-long-term corporate growth even in a rapidly changing market environment, we have established business-specific visions and aim to achieve net sales of ¥1 trillion, a net profit margin of 4.0%, and an ROE of 15.0% for the fiscal year ending April 2034.
In its sustainability management, in light of the announcement of the medium-to-long-term vision and changes in the external environment, the Group reviewed its materiality issues in December 2025. We re-examined a wide range of relevant international standards and guidelines, requests from ESG evaluation institutions, and social issues unique to Japan and our industry. In addition, regarding the identified issues, we reviewed them from two perspectives: their impact on the Group and the expectations and requests of stakeholders. We carried out this review while taking into consideration the issues’ alignment with our corporate philosophy and medium-to-long-term vision, as well as the opinions of employees, future generations, and experts. As a result, in addition to various revisions to the content of the previous materiality issues, to newly clarify the Group’s stance and initiatives, we positioned “growth and active participation of employees” (which was previously included within the materiality issue of a “sound management base”) as a new, independent materiality issue. Initiatives based on the revised materiality issues will commence from the fiscal year ending April 2027.
In the whole company, net sales net sales reached ¥474,885 million, increased 41.0% YoY and 0.2% against the plan due to the consolidation of Sakura Pharmacy Group. Ordinary profit reached ¥20,152 million, increased 48.0% YoY and 11.6% against the plan.
In the dispensing pharmacy business, net sales reached ¥404,954 million, increased 42.0% YoY and 0.8% against the plan because the average prescription price rose due to an increase in high-cost prescriptions, as well as the consolidation of Sakura Pharmacy Group, etc. Segment profit reached ¥24,118 million, increased 38.6% YoY and 11.8% against the plan.
In the retail business, although Francfranc, which joined the group in previous fiscal year, contributed fully, net sales reached ¥61,565 million, increased 42.2% YoY and decreased 3.3% against the plan. This was due to the failure to meet the planned targets for the number of customers and average spending per customer in AINZ & TULPE and Francfranc. Segment profit reached ¥5,757 million, increased 43.6% YoY and decreased 10.2% against the plan.
