Toys "R" Us-Japan Ltd. said Wednesday its net profit for the year through Jan. 31 dropped 1.2 percent to 4.09 billion yen on weak same-store sales.

The nation's largest toy retailer, which is 47 percent owned by its U.S. parent, said operating profit was down 1.8 percent to 8.4 billion yen on revenue of 179.72 billion yen.

Though revenue was 2.5 percent higher than in the previous year, the results fell short of the firm's earnings forecast announced in September.