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Axial Retailing Inc. extends losses in afternoon trading, renewing year-low for second consecutive day as it forecasts 4% decline in operating profit

Thu May 7, 2026 1:55 pm JST Catalyst

Axial Retailing Inc. <8255> extended its losses in afternoon trading, renewing its year-low for the second consecutive day. Around 11:30 a.m. today, the company disclosed its full-year earnings forecast for the fiscal year ending March 2027, along with the announcement of its consolidated financial results for the fiscal year ended March 2026. The company projected sales of 300 billion yen (up 1.5% year-on-year) and operating profit of 11.7 billion yen (down 4.0% year-on-year), with selling emerging due to concerns over the profit decline outlook. The company anticipates a decrease in gross profit margin due to intensifying competition and rising product and material costs stemming from deteriorating crude oil procurement conditions. For the fiscal year ended March 2026, sales were 295.536 billion yen (up 4.8% year-on-year) and operating profit was 12.185 billion yen (up 1.0% year-on-year).

At the same time, the company announced the introduction of a progressive dividend policy. For the five-year period from the fiscal year ending March 2027 onward, dividends will be maintained at or increased from the previous year's level, excluding commemorative dividends. Additionally, the company disclosed that it will begin an additional shareholder benefit program for long-term shareholders from the shareholder benefit based on September 30, 2026. For shareholders with a continuous holding period of one year or more as of the March and September record dates, the company will add shareholder benefit vouchers (worth 100 yen each) valued at 500 to 2,000 yen (1,000 to 4,000 yen annually) that can be used for every 1,000 yen purchase at the company's directly operated store sales floors, according to the number of shares held as of the most recent record date. For shareholders with a continuous holding period of three years or more, an additional 1,000 to 4,000 yen (2,000 to 8,000 yen annually) will be added according to the number of shares held as of the most recent record date.

Source: MINKABU PRESS

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

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