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KAITORI OKOKU jumps to daily limit on fiscal 2027 profit growth outlook
KAITORI OKOKU <3181> jumped to its daily limit on April 14, surpassing the 1,000 yen mark after forecasting record profits for a second consecutive year. The company released its results for the fiscal year ended February 2026 and issued its guidance for the current term at 2:30 p.m.
For the fiscal year ending February 2027, the reuse retailer expects ordinary profit to rise 11.8% to 610 million yen, with sales projected to grow 7.3% to 10,012 million yen. To support this growth, the company plans to enhance e-commerce profitability through a new logistics warehouse and is pivoting its overseas strategy toward cross-border e-commerce in the U.S. while preparing for physical store launches in Southeast Asia.
Kaitori Okoku also raised its annual dividend forecast to 11 yen from 10 yen. In the fiscal year just ended, the company reported a 17.3% increase in ordinary profit to 546 million yen on sales of 9,330 million yen, up 19.3% year-on-year.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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