HARD OFF CORPORATION Co.,Ltd. [2674.T]
TOKYO, May 12 (Pulse News Wire) – Hard OFF Corporation CO.,LTD. (2674.T) reported record revenue of ¥38.3 billion for the fiscal year ending March 2026, marking the 30th consecutive year of growth.
Operating profit reached ¥3.218 billion, while net profit was ¥2.314 billion, also setting new highs. The company attributed the strong performance to robust sales from existing domestic stores and contributions from newly opened stores and acquired outlets. For the upcoming fiscal year ending March 2027, Hard Off Corp forecasts revenue of ¥40 billion, a slight increase from the previous forecast. However, operating profit is expected to decline to ¥1.58 billion due to higher costs associated with store openings and investments.
Despite this, the company projects a rebound in operating profit to ¥4.05 billion for the subsequent quarter. Net profit is anticipated to rise to ¥3.3 billion, driven by increased sales and special gains from investment securities. In addition, the company revised its dividend payout for the fiscal year ending March 2026 to ¥12 per share, up from the initial estimate of ¥11. The dividend yield based on consolidated net assets stands at approximately 2.5%, ensuring stable returns for shareholders.
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