TOKYO, Apr 08 (Pulse News Wire) – Gfoot CO.,LTD. (2686.T) reported its individual performance results for the fiscal half ending February 28, 2026, showing revenue growth but lower operating profits compared to the previous fiscal half.
For the period from March 01, 2025, to February 28, 2026, GFOOT's revenue was ¥55.907 billion, down from ¥58.902 billion in the prior period. Operating profit declined to ¥2.344 billion from ¥3.907 billion previously. Ordinary profit was ¥1.545 billion from ¥2.240 billion, while net profit dropped to a loss of ¥3.262 billion from a loss of ¥1.080 billion in the same period last year. Earnings per share also increased to ¥164 from ¥38.
The company attributed the decline in profitability to higher customer price sensitivity due to inflationary pressures, leading to reduced sales despite efforts to boost private brand development and promotional activities. Additionally, impairment losses on fixed assets contributed to the overall decrease in earnings. GFOOT continued its restructuring initiatives focused on business model reform, merchandise structure adjustment, and cost reduction within the organization. Despite these measures, which included converting 66 stores to the Asubi brand, the company faced challenges in maintaining profitability amid rising costs and changing consumer behavior.
🟢 Confidence: High AI-translated content.