ANAP Holdings Posts Third Quarter Loss Amid Revenue Gains

TOKYO, Jul 15 (Pulse News Wire) – ANAP Holdings Inc. (3189.T) reported a net loss of ¥1.703 billion for the third quarter ending May 31, 2026, compared to a loss of ¥1.017 billion in the same period last year.

Despite revenue growth of ¥1.029 billion to ¥-¥1.713 billion, operating profit declined due to increased advertising expenses. Segment-wise, store and wholesale sales along with licensing saw improved revenues thanks to new brand launches, but higher marketing costs led to a rise in segment losses. Internet retail operations also showed positive revenue trends but suffered from elevated operational costs, resulting in increased segment losses. Esthetic and relaxation salon services experienced significant increases in both revenue and segment losses due to ongoing investment and promotional activities.

As of the end of the third quarter, total assets stood at ¥18.32 billion, while equity decreased to ¥7.462 billion, reflecting a reduced capital adequacy ratio of 40.7%. The company noted challenges in providing accurate future earnings forecasts amid ongoing restructuring efforts aimed at stabilizing profitability and strengthening finances. In light of six consecutive quarters of operating and extraordinary losses since August 2020, ANAP Holdings acknowledged potential risks to its continuity as a going concern. The firm emphasized its commitment to addressing these issues through strategic measures detailed in its quarterly financial statements.