TOKYO, Apr 09 (Pulse News Wire) – CAN DO CO.,LTD. (2698.T) reported a fourth quarter impairment loss of ¥322 million but exceeded its profit targets for the fiscal year ending February 2026.
According to the company's revised full-year consolidated earnings forecast published on April 10, 2025, revenue reached 100,000 million yen, surpassing initial expectations despite falling short of sales projections. Operating profit significantly outpaced forecasts due to cost management and productivity improvements. In the quarter, CAN DO recorded a substantial increase in operating activities cash flow driven by higher net income of 1,001 million yen and increased accounts payable.
However, cash flow was reduced by increases in accrued revenues. Financial activities saw growth from long-term installment deferred payments, offset by decreases in short-term borrowings and deferred payments. Looking ahead, CAN DO outlined plans for continued expansion, targeting 250 additional stores by February 2031, aiming for revenue of ¥100 million and a net profit margin of 1.0%.
For the fiscal year ending February 2027, the company projects further revenue and profit growth as part of its new medium-term plan.
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