TOKYO, May 07 (Pulse News Wire) – Axial Retailing Inc. (8255.T) reported lower net profit despite higher revenue for the fiscal year ended March 31, 2026.
Revenue increased to ¥280.0 billion, up 104.3% from the previous year. However, net profit declined to ¥11.79 billion, down 9.6%. The company's operating profit stood at ¥12.00 billion, marking a slight decrease of 4%. Ordinary profit also saw a decline to ¥13.00 billion, down 6.2% compared to the previous fiscal year.
Total assets grew to ¥140.0 billion, while total net assets reached ¥140.0 billion. Axial Retailing attributed the drop in profitability to increased selling, general, and administrative expenses, which rose to ¥49.760 billion, up 4.3% from the prior year. Additionally, the company noted a reduction in extraordinary gains, contributing further to the overall decline in profits. In-store sales volumes showed mixed results, with perishable goods accounting for 45.2% of total sales, followed by general foods at 47.9%.
Sundries and other merchandise categories experienced modest growth, but clothing sales continued to decline.
🟢 Confidence: High AI-translated content.