Treasure Factory Posts Double-Digit Profit Growth and Accelerates Store Expansion Amid Robust Reuse Demand

Treasure Factory Co., Ltd. ( (JP:3093) ) just unveiled an update.

Treasure Factory reported that for the nine months ended November 30, 2025, both net sales and operating profit grew by more than 10% year-on-year, with existing-store sales up 4.8%, supported by robust demand from budget-conscious consumers and strong performance in apparel, fashion accessories, and hobby goods. Inbound tax-free sales remained solid at about 10.7% of revenue, with a shift away from Chinese customers toward visitors from the U.S., the Philippines, and Taiwan, while inventory levels and procurement are described as appropriate and sufficient to support fourth-quarter trading and planned new openings.

Management acknowledged a decline in consolidated gross profit margin driven primarily by the rapid growth of lower-margin subsidiary Kindal, even as gross margins at non-consolidated existing stores improved due to a favorable sales mix of lower-priced, high-margin goods and the abolition of high-return purchase coupons. The company has already met its fiscal 2026 target with 32 new stores confirmed and intends to continue expanding its footprint by opening more than 30 stores annually—around 10% of its store base—signaling continued aggressive growth in Japan’s reuse market despite margin pressure from its evolving business mix.

The most recent analyst rating on (JP:3093) stock is a Hold with a Yen1887.00 price target. To see the full list of analyst forecasts on Treasure Factory Co., Ltd. stock, see the JP:3093 Stock Forecast page.

More about Treasure Factory Co., Ltd.

Treasure Factory Co., Ltd. is a Japan-based reuse retailer listed on the Tokyo Stock Exchange Prime Market, operating secondhand and reuse-oriented chains including its core Treasure Factory format and subsidiaries such as Kindal, which specializes in branded used clothing. The company focuses on value-conscious consumers and inbound tourists, selling apparel, fashion accessories, hobby goods, and other reused items through a growing national store network.

Average Trading Volume: 125,896

Technical Sentiment Signal: Buy

Current Market Cap: Yen40.76B

Learn more about 3093 stock on TipRanks’ Stock Analysis page.