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Sugi Holdings Shares Fall for Third Straight Day as 10% Ordinary Profit Growth Forecast Disappoints
Shares of Sugi Holdings <7649> fell for the third consecutive day. Following the market close on the 9th, the company released its consolidated financial results for the fiscal year ended February 2026, alongside its earnings guidance for the fiscal year ending February 2027. For the current fiscal year, the company projects sales of \1.09 trillion (up 8.1% YoY), ordinary profit of \55 billion (up 9.9% YoY), and net profit of \32.8 billion (down 27.1% YoY). Despite the simultaneous announcement of a 2-for-1 stock split, the share price was weighed down by selling pressure stemming from disappointment over the profit guidance.
The company targets same-store sales growth of 5.3% YoY for the current fiscal year, anticipating a 7.8% increase in prescription sales and a 4.1% rise in merchandise sales, alongside a planned net addition of 100 stores. The stock split will take effect on September 1, and the holding thresholds for the shareholder benefit program will be revised accordingly. The pre-split dividend forecast for the current fiscal year remains unchanged from the previous year at \35 per share. For the fiscal year ended February 2026.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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