LOBTEX Co.,Ltd. [5969.T]

TOKYO, May 12 (Pulse News Wire) – Lobtex CO.,LTD. (5969.T) revised its fiscal year 2026 (April 1, 2025 to March 31, 2026) earnings forecast upward due to successful sales expansion strategies and cost reduction efforts.

According to the company's latest report released today, the adjusted figures show significant improvements compared to previous estimates. Revenue was revised up to ¥1,005 billion from the previously projected ¥1,000 billion. Operating profit increased to ¥110 million from ¥36 billion, while ordinary profit rose to ¥110 million from ¥62 billion.

Net income attributable to shareholders also saw a substantial boost, reaching ¥72 billion from the earlier estimate of ¥29 billion. The revisions reflect the effectiveness of various initiatives implemented during the fiscal year, such as aggressive sales promotion activities, inventory valuation loss reductions, and stringent expense management measures. These actions exceeded initial expectations, leading to improved financial performance across key metrics.

Lobtex CO.,LTD.'s president, Shunji Chibu, commented on the positive developments, emphasizing the company’s commitment to sustainable growth through strategic investments and operational efficiencies.

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