WACOAL HOLDINGS CORP. [3591.T]
TOKYO, May 14 (Pulse News Wire) – Wacoal Holdings Corp. (3591.T) adjusted its fiscal year 2026 forecast due to lower-than-expected sales of women's lingerie and related products across major markets.
Despite reduced selling, general, and administrative expenses and decreased tariff impacts, operating profit improved but fell short of initial projections. The company reported consolidated revenue of ¥171.5 billion, down from the previous estimate of ¥173.8 billion. Operating profit was revised to ¥19.88 billion compared to the earlier projection of ¥20.20 billion.
Net income per share dropped to ¥261.6 million from the prior forecast of ¥239.7 million. In a statement, Executive Director Kojiro Nakamura noted that while cost-cutting measures helped mitigate some losses, the decline in key channel growth and increased inflationary pressures led to a reassessment of goodwill associated with Wacoal Europe, resulting in impairment charges. For the upcoming dividend, Wacoal Holdings maintained its annual payout plan, expecting to distribute a total of ¥100 per share, comprising a mid-year dividend of ¥50 and a scheduled final dividend of ¥50 in June 2026.
🟢 Confidence: High AI-translated content.