Daikokuya Holdings Co.,Ltd. [6993.T]
TOKYO, May 15 (Pulse News Wire) – Daikokuya Holdings CO.,LTD. (6993.T) reported its fiscal year 2026 (April 1, 2025 to March 31, 2026) consolidated earnings results, which showed higher sales compared to previous forecasts but lower operating and ordinary profits due to inventory adjustments and foreign exchange impacts.
Sales reached ¥11.47 billion, exceeding the previously forecasted amount of ¥10.41 billion. However, operating profit fell below expectations, coming in at --¥652 million against a forecast of --¥600 million. Similarly, ordinary profit was also lower than anticipated at --¥881 million versus the projected --¥723 million.
The company attributed the revenue increase primarily to additional funding secured through third-party allotment capital increases and enhanced store inventory levels in December. Despite these measures, past inventory clean-up efforts led to reduced profitability. Additionally, a significant loss from the unwinding of foreign exchange adjustment accounts related to the sale of a UK subsidiary contributed to a lower net profit of -2,053 million yen, falling short of the expected positive result.
Efforts towards cost optimization since December indicate potential improvements in future operational stability.
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