TOPSPORTS (06110) has announced its financial results for the first quarter of the 2026/27 fiscal year.

The company reported a year-on-year decrease in the total sales value for its retail and wholesale business segments, with the decline falling within the low end of the 10-20% range.

As of May 31, 2026, the gross sales area of directly operated stores decreased by 2.9% compared to the end of the previous quarter and was down 11.2% compared to the same period last year.

The sales value for the retail business comprises revenue generated from sales transactions with consumers through retail stores (offline channels) and e-commerce platforms (online channels), including but not limited to value-added tax.

The sales value for the wholesale business represents revenue from sales transactions with downstream retailers, also inclusive of value-added tax.