Pola USA
November 9, 2026
TOKYO, Japan - November 9, 2026
Pola Orbis Holdings, parent of the Pola cosmetics brand and the ORBIS direct-to-consumer skincare line, raised its full-year profit forecast on November 9 after reporting a 21.3 percent jump in operating profit for the first nine months of 2026, even as sales in Pola's domestic salon channel continued to shrink.
Consolidated net sales for January through September rose 1.3 percent to 126.67 billion yen from 125.00 billion yen a year earlier, a gain the company attributed to foreign exchange; excluding currency effects, sales were flat. Operating profit climbed to 14.50 billion yen from 11.95 billion yen as selling, general and administrative expenses fell 2.1 percent to 88.07 billion yen, including an 835 million yen drop in sales commissions. Ordinary profit rose 41.7 percent to 15.91 billion yen on 1.13 billion yen of foreign exchange gains, compared with 1.07 billion yen of currency losses a year earlier. Profit attributable to owners of the parent increased 20.0 percent to 9.18 billion yen, or 41.50 yen per share, despite 2.52 billion yen of extraordinary losses that included 1.61 billion yen for an early retirement program at Pola Inc. and 486 million yen in structural reform costs at Jurlique.
For the third quarter alone, net sales rose 1.4 percent to 42.32 billion yen and operating profit increased 21.7 percent to 4.55 billion yen.
The Pola brand, the group's largest, posted nine-month sales of 65.61 billion yen, down 0.6 percent, while its operating profit rose 15.7 percent to 7.78 billion yen on expense controls. Domestic Pola sales fell 4.0 percent. The salon channel, formerly called the consignment sales channel and accounting for 56.5 percent of Pola sales, dropped 6.0 percent, which the company tied partly to unfavorable September weather, slower-than-expected growth at stores it is developing, and tighter controls on shipments into secondary distribution. Department store sales fell 6.5 percent on fewer inbound tourist shoppers, while e-commerce rose 7.3 percent. The number of domestic Pola customers declined 7.2 percent, partly offset by a 2.1 percent increase in purchases per customer. Pola had 2,443 domestic stores at the end of September, 38 fewer than at the end of 2025, and 110 overseas stores, down 16. Overseas sales, led by China and the B.A skincare series, increased 20.8 percent.
ORBIS sales grew 5.0 percent to 39.37 billion yen and operating profit rose 15.3 percent to 7.92 billion yen. Sales through ORBIS's own direct channels, its e-commerce and company-operated stores, which make up about three-quarters of the brand's revenue, rose 1.6 percent, while sales through outside retail channels climbed 23.4 percent. ORBIS overseas sales fell 37.9 percent after the liquidation of its Chinese subsidiary.
Australian skincare brand Jurlique grew sales 1.7 percent in yen to 5.70 billion yen and narrowed its operating loss to 528 million yen from 1.24 billion yen, though sales in mainland China fell 13.5 percent in Australian dollar terms amid store closures. Brands under development, mainly DECENCIA and THREE, recorded sales of 11.26 billion yen, down 0.4 percent, and a wider operating loss of 663 million yen.
Citing a weaker-than-expected yen, the company raised its 2026 forecast for ordinary profit to 18.4 billion yen from 17.3 billion yen and for profit attributable to owners of the parent to 9.8 billion yen from 9.0 billion yen, or 44.29 yen per share. It kept its forecasts for net sales of 173.0 billion yen and operating profit of 17.3 billion yen unchanged, along with its planned annual dividend of 52 yen per share.
Pola Orbis Holdings is listed on the Prime Market of the Tokyo Stock Exchange under code 4927 and is led by Yoshikazu Yokote, representative director and president. Its U.S. affiliate is listed in the Npros directory as Pola USA.