TOKYO, May 15 (Pulse News Wire) – Watt Mann CO.,LTD. (9927.T) reported significant variance in its fiscal year 2025 financial results compared to fiscal year 2024.
The company noted a notable increase in revenue but experienced higher costs due to accelerated expansion efforts. For the fiscal year ending March 31, 2026, the company's revenue increased by ¥160 million to reach ¥53 billion, marking a rise of 3.1% compared to the same period last year. However, operating profit declined by ¥27 million to ¥4 billion, while ordinary profit decreased by ¥37 million to ¥4 billion.
Net income saw a substantial improvement of ¥85 million to ¥3 billion. The decline in operating and ordinary profits was attributed to increased initial costs and losses associated with new store openings and renovations during the fourth quarter. Additionally, special gains from compensation payments related to store closures contributed to net income growth, offsetting some of the expenses incurred from tender offer-related fees recorded as extraordinary losses.
Overall, despite the revenue surge, operational challenges led to mixed performance across key metrics, reflecting ongoing investments in future growth.
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