Daikokuya Holdings Co.,Ltd. [6993.T]
TOKYO, May 18 (Pulse News Wire) – Daikokuya Holdings CO.,LTD. (6993.T) reported improved quarterly results for the fiscal year ending March 2026.
Revenue reached ¥11.5 billion, while lower operating profit narrowed to ¥109 million compared to the previous year. Key highlights included cost reductions through structural reforms, leading to lower administrative expenses. Specifically, administrative costs decreased to approximately ¥216 million in the fourth quarter, down from ¥221 million in the same period last year. Additionally, the company achieved its first monthly profit since restructuring efforts began.
Looking ahead, Daikokuya plans significant revenue growth driven by increased inventory accumulation and enhanced cross-ratio metrics. The company expects continued improvements in gross margin and inventory turnover rates, aiming to further solidify profitability in the coming fiscal year. In related developments, Daikokuya completed the disposal of its UK subsidiary SFL Corporation's shares, resulting in annual maintenance cost savings of around ¥1 billion. Furthermore, the acquisition of Voom Corporation’s home visit buyback business is expected to bolster future earnings potential.
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