TOKYO, Apr 08 (Pulse News Wire) – Ministop CO.,LTD. (9946.T) reported a consolidated lower net profit of ¥542 million for the fiscal year ended February 28, 2025, compared to a loss of ¥578 million in the previous year.
Operating profit was negative ¥609 million, down from a positive ¥40.885 million in the prior year. The company also saw a decline in its number of stores, closing 55 locations domestically and ending the year with a total of 2,030 stores globally. In Vietnam, where its subsidiary Minstop Vietnam Company Limited operates, the number of stores remained unchanged at 182.
Ministop’s Vietnamese subsidiary, Vinh Khanh Consultancy Corporation, posted a significant loss of ¥316 million for the fiscal year ended February 28, 2025, compared to a loss of ¥299 million in the previous year. The subsidiary's operations were impacted by foreign exchange rates and lower revenues. In addition, the company recorded capital expenditures totaling ¥230 million for the fiscal year, reflecting continued investment in property, plant, and equipment despite challenging operational conditions.
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