kabutan

FIT CREW hits daily limit down on lower operating profit forecast for fiscal 2026 following Pilates business acquisition

Wed Apr 15, 2026 10:52 am JST Catalyst

Shares of FIT CREW hit their daily limit down amid heavy selling. Following the market close on the 14th, the personal training gym operator, which debuted on the TSE Growth Market last December, reported its non-consolidated first-quarter earnings and downgraded its full-year profit outlook for the fiscal year ending November 2026. While the company nudged its full-year sales projection to 3.574 billion yen from 3.57 billion yen (up 22.4% year-on-year), it slashed its operating profit forecast to 172 million yen from 344 million yen (down 37.1% year-on-year). The shift in the operating profit outlook from expected growth to a projected decline triggered the sell-off.

The downward revision reflects the financial impact of acquiring 11 Pilates studios from Tokyo-based Ascenders, effective May 1. For the first quarter, sales reached 731 million yen (up 11.2% year-on-year), while operating profit plunged to 11 million yen (down 67.4% year-on-year). Despite double-digit revenue growth driven by two new store openings and expanding recurring revenue, profits fell sharply due to increased investments in human resources and higher advertising costs.

Source: MINKABU PRESS

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

Related Articles