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UNITED ARROWS remains firm after announcing mid-term plan targeting operating profit of 11.5-12.5 billion yen for fiscal year ending March 2029
UNITED ARROWS LTD. <7606> shares remained firm. The company announced on Thursday a mid-term management plan through the fiscal year ending March 2029, targeting sales of 185 billion to 195 billion yen (compared with 164.603 billion yen for the fiscal year ended March 2026) and an operating profit of 11.5 billion to 12.5 billion yen (compared with 9.126 billion yen) for the final year, a move that boosted investor sentiment. The company will concentrate management resources on the mid-to-high price range market where it can leverage its strengths, and promote a high-sensitivity, high-value-added strategy in its domestic apparel, overseas apparel, and non-apparel businesses.
Alongside the announcement, the company also raised its long-term targets through the fiscal year ending March 2033, lifting its sales goal to 300 billion yen from the previous 250 billion yen and its operating profit target to 30 billion yen from 25 billion yen.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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