H2O RETAILING CORPORATION [8242.T]
TOKYO, May 12 (Pulse News Wire) – H2O Retailing Corporation (8242.T) reported lower net profit for the fiscal year ended March 31, 2026, compared to the previous year. The company recorded a net profit of ¥192 million, marking a decrease of ¥193 million from the previous year.
However, the company projects a recovery in FY2026, forecasting a net profit of ¥23 billion, a decline of ¥7 million from its initial estimate. In the department store division, gross sales decreased by ¥13.921 billion to ¥634.959 billion, while operating profit fell by ¥4.451 billion to ¥23.783 billion. Despite this, the company expects improvements in the upcoming fiscal year, projecting a rise in operating profit to ¥25.84 billion.
For the supermarket business, gross sales increased slightly by ¥7.959 billion to ¥432.455 billion, with operating profit rising by ¥21.83 billion to ¥4 billion. The company anticipates further growth in the coming year, expecting operating profits to reach ¥20 billion. Overall, H2O Retailing noted a reduction in total sales for the fiscal year, with net sales dropping by ¥1.544 billion to ¥680.215 billion.
The company remains optimistic about future performance, guided by strategic adjustments and anticipated market conditions.
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