TOKYO, May 14 (Pulse News Wire) – Gunze Limited (3002.T) revised its fiscal year 2026 forecast due to differences between previously announced estimates and recent performance figures. For the fiscal year ending March 2026, the company reported a sales revenue of ¥130.9 billion compared to the previous estimate of ¥133.0 billion.
Operating profit decreased by ¥--¥1.518 billion to ¥4.882 billion, marking a decline of 23.7%. Similarly, ordinary profit was ¥4.920 billion, down 21.9%, while net income attributable to shareholders dropped to ¥509 million, representing a significant decrease of 68.2%.
The adjustments stem from substantial brand consolidation and SKU reduction efforts within the apparel division as part of a strategic focus. As a result, inventory valuation losses increased by approximately ¥1.900 billion, impacting overall profitability.
Despite the downward revisions, Gunze plans to proceed with its dividend distribution policy, maintaining a per-share payout of ¥216 scheduled for the end of the fiscal year, consistent with the plan announced on May 14, 2025.
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