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FELISSIMO posts profits exceeding guidance for fiscal year ending February 2026
FELISSIMO CORPORATION <3396> announced after the close of trading on the 31st that its consolidated financial results for the fiscal year ending February 2026, currently being finalized, show operating profit reaching \215 million (3.1 times the previous year) versus the initial forecast of \137 million, and net profit reaching \358 million (2.6 times the previous year) versus the initial forecast of \179 million.
Although sales fell short of the initial forecast of \30.531 billion, coming in at \29.179 billion (down 0.9% year-on-year), profits were lifted by an improvement in the gross profit margin. This was achieved through the creation of hit fashion products that captured market needs and cost reductions resulting from supply chain efficiencies. The growth was also supported by steady expansion of the "FELISSIMO PARTNERS" business, which allows partner businesses to list and promote products, driven by an increase in product offerings and strengthened sales efforts, as well as improved sales from the Kobe Port Tower business.
Source: MINKABU PRESS
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