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FELISSIMO shares weak despite upward revision to profit forecast for February 2026 term
FELISSIMO CORPORATION <3396> traded weakly. The company announced after the close of trading on the 31st that its consolidated earnings results for the February 2026 term, which are currently being compiled, show operating profit reaching \215 million (3.1 times the previous year) versus the previous forecast of \137 million, and net profit reaching \358 million (2.6 times the previous year) versus \179 million. However, the market reaction to this positive news has been limited.
While revenue fell short of the initial forecast, declining from \30.531 billion to \29.179 billion (down 0.9% year-on-year), profits were boosted by an improved gross profit margin. This improvement was achieved through the creation of hit fashion products that captured market needs and cost reductions stemming from supply chain efficiency improvements. The growth was also supported by the steady expansion of the "FELISSIMO PARTNERS" business, which allows partner vendors to list and sell products, driven by an increase in the number of products handled and stronger sales efforts, as well as improved revenue from the Kobe Port Tower business.
Source: MINKABU PRESS
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