TOKYO, Apr 08 (Pulse News Wire) – Gfoot CO.,LTD. (2686.T) reported a special loss of ¥27 million for the fourth quarter ending February 28, 2026, due to impairment losses on certain store assets and common-use assets based on accounting standards for fixed asset impairments.
Including previously recorded special losses from the third quarter, the cumulative special loss for the fiscal year up to the fourth quarter stands at ¥339 million. The impact of these losses has been reflected in the preliminary earnings announcement for the fiscal year ended February 28, 2026.
The company's representative, Sho Hisanori Kino, stated that the impairment charges reflect ongoing efforts to optimize asset utilization and streamline operations. Investors and stakeholders are advised to review the detailed financial statements for further insights into the company’s performance during the reporting period.
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