Source disclosure: January 08, 2026
GFOOT CO.,LTD. [2686.T]
TOKYO, Jan 08 (Pulse News Wire) – Gfoot CO.,LTD. (2686.T) revised its fiscal year 2026 earnings forecast after its board meeting on January 07, 2026.
The company now expects revenue of ¥59 million, operating profit of ¥1.9 billion, ordinary profit of ¥2.2 billion, and net income attributable to parent shareholders of ¥(2.8 billion). Previously, the company had projected revenue of ¥59 million, operating profit of ¥500 million, ordinary profit of ¥200 million, and net income of ¥10.23 per share. The revision reflects ongoing efforts to finalize business restructuring and develop attractive store formats for growth strategies.
Despite selling more than 35 stores to unify the Asbee brand and enhancing product offerings, the company faced challenges such as increased price competition leading to reduced gross margin rates and higher general administrative expenses. Additionally, impairment losses totaling ¥312 million were recorded due to adjustments in asset valuations. Looking ahead, GFOOT anticipates further improvements in private brand sales and cost-cutting measures but remains cautious about achieving profitability in the remaining quarter due to continued inventory optimization efforts and potential declines in gross margins.
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