TOKYO, Apr 14 (Pulse News Wire) – IK Holdings CO.,LTD. (2722.T) reported a revenue decline of 2.9% for its fiscal third quarter ending February 2026 compared to the same period last year.
Operating profit fell by 42.5%, primarily due to reduced sales through TV shopping channels. Despite increased sales via convenience stores and cooperative routes, the overall impact was insufficient to offset declines in direct marketing and TV shopping segments. Adjusted EBITDA decreased by 21.8%.
Sales from Korean cosmetics showed modest growth but remained below expectations, contributing only a slight increase in total revenue. The company's consolidated net income attributable to shareholders saw a significant drop to ¥299 million, influenced by adjustments related to deferred tax assets. Looking ahead, IK Holdings anticipates continued challenges with direct marketing sales expected to decrease further while sales marketing activities aim for growth.
Overall, the company forecasts a reduction in revenues and profits for the full fiscal year 2026.
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