TOKYO, May 08 (Pulse News Wire) – Joshin Corporation (8173.T) reported fiscal year 2026 revenue of ¥436.65 billion, surpassing initial forecasts. However, operating profit fell short of targets, reaching ¥5.422 billion compared to the projected ¥6 billion.
Net profit was ¥3.28 billion, up slightly from the previous year's ¥3.407 billion. The company attributed the shortfall to challenges in improving operational efficiency despite increased sales. Key segments such as electronics and appliances contributed significantly to overall revenue growth. Operating margins remained below expectations due to higher costs associated with expanding store networks and enhancing digital channels.
Looking ahead, Joshin outlined its "JT-2028 Business Plan," aiming for sustained profitability improvements through strategic investments and cost optimization measures. The plan includes initiatives to enhance e-commerce capabilities, optimize inventory management, and strengthen partnerships with external firms to boost product offerings and reduce expenses. In addition, the company plans to continue its shareholder return strategy, targeting a dividend payout ratio of more than 100% and maintaining a debt-to-equity ratio below 50%. Specific goals include achieving an operating margin of over 10% and a return on equity exceeding 10% by fiscal year 2028.
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