TOKYO, Mar 13 (Pulse News Wire) – Natty Swanky Holdings CO.,LTD. (7674.T) reported lower-than-expected fiscal year 2026 results, posting a lower net profit per share of ¥380.11 compared to its previous forecast of ¥224.77.
The company also recorded a special loss of ¥254 million due to impairment losses on fixed assets held by its subsidiaries. In detail, the company's consolidated revenue for the fiscal year ending January 31, 2026, was ¥7.683 billion, exceeding the initial estimate of ¥7.2 billion. However, operating profit was ¥-503 million from the estimated ¥-390 million, while ordinary profit declined to ¥-516 million from ¥-400 million.
The significant shortfall in earnings was attributed to increased expenses such as labor costs, rent, utilities, maintenance, and changes in shareholder benefits accounting procedures. Additionally, the company noted that despite efforts to control raw material costs through supplier reviews and price negotiations, higher electricity bills during summer contributed to additional expenses. The total impairment loss for the fiscal year amounted to ¥300 million, which included previously recognized losses in the third quarter.
The company emphasized that future performance could vary based on various factors beyond their current estimates.
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