Copa Corporation Inc. [7689.T]
TOKYO, Apr 14 (Pulse News Wire) – Copa Corporation Inc. (7689.T) reported a net ¥272 million for the quarter ended February 2026, compared to a loss of ¥437 million in the same period last year.
Revenue fell short of expectations due to delays in TV program broadcasts and lower inventory sales, leading to a revenue decline of ¥2.052 billion. Despite strong performance from new products such as the "99Tsukumo Umbrella," overall sales were impacted by increased market competition and changing customer needs for existing items. In addition, the company's gross profit margin was negatively affected by higher selling costs and reduced advertising expenses.
Operating expenses decreased slightly due to cost-cutting measures, but these efforts did not offset the impact of lower revenues. The company also noted significant changes in its sales channel structure, integrating EC sites under the "wakutan" brand. Looking ahead, Copa Corp plans to focus on improving inventory management and enhancing promotional activities to drive future growth.
The firm expects to achieve a net income of ¥1 per share in fiscal year 2027.
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