PALEMO HOLDINGS CO.,LTD. [2778.T]
TOKYO, Mar 27 (Pulse News Wire) – Palemo Holdings CO.,LTD. (2778.T) reported lower net sales for its fiscal year ending February 20, 2026, compared to the previous year.
Consolidated net sales decreased by 6.4% to ¥13.721 billion. Gross profit margin fell slightly to 52.7%, while operating income declined by 11.4% to ¥140 million. The company also noted a reduction in total assets by 10.8% to ¥7.426 billion. Capital expenditures increased by 24.7% to ¥373 million.
Additionally, the number of stores decreased by 7% to 227 locations, reflecting strategic adjustments amid challenging retail conditions. In the apparel sector, sales of sweaters dropped by 8.1%, cut & sew products by 0.5%, and blouses by 8.1%. Lifestyle goods saw a decline of 11%, while revenue from franchising fees decreased by 3.4%. The company expects modest growth in the coming fiscal year, projecting a 4% rise in net sales.
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