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Felissimo Shares Snap Three-Day Winning Streak on Soft FY2/27 Ordinary Profit Guidance
Shares of Felissimo <3396> declined for the first time in four sessions. Following the market close on the 7th, the company released its consolidated financial results for the fiscal year ended February 2026 (FY2/26) along with its guidance for the current term (FY2/27).
For the fiscal year ending February 2027, Felissimo expects net sales to grow 3.7% year-on-year to \30.27 billion, while ordinary profit is projected to fall 30.2% to \327 million. Although the company had just recently upwardly revised its FY2/26 profit forecast in late March, the downbeat outlook for the new fiscal year appeared to weigh on investor sentiment. Even an announced \5 dividend hike?bringing the annual payout to \25 per share?was insufficient to buoy the stock against the weak profit guidance.
The company aims to drive revenue growth through its core subscription business, its Kobe Port Tower operations, and business production initiatives in new sectors. Management noted that the current ordinary and net profit forecasts do not factor in potential foreign exchange fluctuations.
Source: MINKABU PRESS
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