Baroque Japan Limited (3548): Q1 Earnings for the Year Ending February 2027 — Operating Income Decreased by 84.9% YoY to 76 Million Yen

Baroque Japan Limited (3548) announced its financial results for the first quarter of the fiscal year ending February 2027, reporting that operating income decreased by 84.9% YoY to 76 million yen. Net sales were 12,169 million yen, a decrease of 3.6% compared to the same period of the previous year. On the profit front, ordinary income fell 79.0% YoY to 107 million yen, and net income attributable to owners of the parent decreased by 85.3% YoY to 70 million yen. Earnings per share (EPS) stood at 1.97 yen.

Regarding the financial structure and valuation metrics, the equity ratio stands at 42.4%, maintaining a moderate level of stability, while interest-bearing debt was recorded at 8.0 billion yen. Profitability indicators show a Return on Equity (ROE) of 0.59%, a Return on Assets (ROA) of 0.22%, and EBITDA of 0.08 billion yen. Retained earnings are at -0.0 billion yen, highlighting the market's focus on future earnings recovery and profitability enhancement.

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Correction (September 19, 2026)：We clarified that this article covers the first quarter of the fiscal year ending February 2027 and corrected the source link to the report supporting its figures. Source disclosure

(Correction, September 20, 2026: interest-bearing debt was restated as the total of borrowings, bonds and related items in the original disclosure, 2027年2月期 第1四半期決算短信〔日本基準〕（連結）.)