Askul Reports FY2026 Q4 Results Below Initial Projections

TOKYO, Jul 03 (Pulse News Wire) – ASKUL Corporation (2678.T) reported its fiscal year 2026 fourth quarter results, which fell below initial projections released on March 27, 2026. For the fiscal year ending May 20, 2026 (May 21, 2025 to May 20, 2026), the company's revenue was projected at ¥395.0 billion, operating profit at -¥20.50 billion, ordinary profit at -¥22.00 billion, and net income attributable to shareholders was estimated but left unspecified due to ongoing assessments related to restructuring efforts within the group companies.

Actual figures showed revenue of ¥400.2 billion, operating profit of -¥17.45 billion, ordinary profit of -¥19.06 billion, and net income per share of -¥245.4 million. The variance in revenue was 1.3%. The discrepancy stems from adjustments made to account for impairment losses associated with FEED Dental, a dental supply e-commerce service operated by Feed Co., Ltd., part of AP67 Corp.

These adjustments led to a confirmed impact on the company’s earnings, resulting in the reported differences. CEO Yoshioka Aki noted that while the company had anticipated certain special losses earlier, the precise impact of restructuring activities was still being evaluated until recently. The finalized impairment loss and related effects have now been incorporated into the final results.