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CAN DO Extends Gains for Third Consecutive Day as FY Feb 2026 Operating Profit Forecast Raised on Labor Cost Control

Thu Apr 9, 2026 9:28 am JST Catalyst

CAN DO <2698> rose for the third consecutive day. After the market close on the 8th, the company announced that its consolidated earnings for the fiscal year ending February 2026, currently being finalized, showed operating profit reaching \1.53 billion (up 80.2% year-on-year), exceeding the prior forecast of \1.08 billion, and net profit coming in at \440 million (compared to a loss of \163 million in the prior year), surpassing the initial estimate of \100 million. The results were well received by the market.

Revenue came in at \87.05 billion (up 4.4% year-on-year), below the initial forecast of \91.8 billion. While sales of \100 products performed strongly on the back of rising consumer thrift consciousness, driving year-on-year revenue growth, the company fell short of its plan due to unplanned store closures. Although gross profit also fell short of expectations due to rising costs, the company's efforts to reduce operating expenses ? including labor cost control through the introduction of self-checkout systems and labor-hour management at store level ? enabled operating profit and other profit metrics to exceed the initial plan.

*Translated by generative AI. Click here for the original article.

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