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OKUWA shares fall as fiscal 2026 results miss guidance due to failure to secure customer traffic
OKUWA CO., LTD. <8217> shares are declining. After the close of trading on the 1st, the company announced that its consolidated results for the fiscal year ending February 2026, currently being finalized, are expected to fall short of its previous guidance. Sales are now projected at \252.6 billion (up 1.0% year-on-year) versus the previous forecast of \259.0 billion, operating profit at \1.87 billion (up 40.8% year-on-year) versus \2.1 billion, and net profit at \260 million versus \800 million (compared to a net loss of \2.381 billion in the previous year). This downward revision has weighed on the stock.
The shortfall was attributed to the company's failure to secure the planned number of store visitors amid intensifying competition across business formats and further polarization of consumer spending due to rising prices. Additionally, impairment losses on stores with declining profitability also pushed down net profit.
Source: MINKABU PRESS
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