TOKYO, Mar 19 (Pulse News Wire) – Wa,inc. (7683.T) reported its fiscal year ending January 2026 results, showing increased revenue but lower profits compared to the previous year.
Sales reached ¥5.553 billion, up from ¥5.041 billion in the prior fiscal year. However, ordinary profit declined to ¥407 million from ¥451 million, and net income was ¥209 million from ¥278 million due to rising raw material costs and higher labor expenses. In addition to strong sales of seasonal footwear such as summer sandals and winter boots, online sales growth contributed to the revenue increase. Despite these gains, the rise in production costs and personnel expenses led to reduced profitability.
On February 26, 2026, the company received the Best Seller Award in the Footwear Department from the Shokken Newspaper Co.'s annual department store buyers' award ceremony. This marks the sixth consecutive year the company has won the award since 2020. Looking ahead, Wa,inc. remains committed to supporting women's empowerment through stylish footwear.
The company plans to continue delivering more attractive products and services under the Haniwa brand, aiming for further group-wide development.
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