Golf Do [3032.NG]

TOKYO, May 13 (Pulse News Wire) – Golf Do Co. (3032.T) reported robust fiscal 2026 March quarter results, with revenue increasing to ¥68 billion, up 4.5% from the previous year.

Operating profit surged 247.3%, reaching ¥99 million compared to ¥29 million in the same period last year. Key drivers included higher gross margins due to reduced discounting at store counters, increased purchase prices, and improved online sales through its Golfdou! Online Shop. In addition, the company saw significant gains from its franchised stores’ online operations, which helped offset declines in physical store sales.

Revenue from the company’s own retail outlets grew steadily throughout the year, achieving record highs in eleven months except June. Capitalizing on robust demand, inventory levels expanded, driving further sales growth. Looking ahead, Golf Do Co. forecasts continued growth for fiscal 2027 March quarter, projecting revenue to reach ¥98 billion, representing a 13.2% increase from the current fiscal year.

The outlook reflects ongoing improvements across all segments, bolstered by strategic initiatives such as expanding e-commerce platforms and optimizing operational efficiencies.

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