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OKUWA's FY02/26 Results Fall Short of Guidance

Wed Apr 1, 2026 3:53 pm JST Catalyst

OKUWA CO., LTD. <8217> announced after the close of trading that its consolidated results for the fiscal year ending February 2026, currently being compiled, are expected to fall short of previous guidance. Sales are now projected at \252.6 billion (up 1.0% year-on-year), down from the previous forecast of \259.0 billion. Operating profit is expected to reach \1.87 billion (up 40.8% year-on-year), down from the prior guidance of \2.1 billion. Net profit is projected at \260 million, compared to the previous forecast of \800 million and a net loss of \2.381 billion in the prior fiscal year.

The company attributed the shortfall to intensifying competition across retail formats and the further polarization of consumer spending due to rising prices, which prevented OKUWA from achieving its planned customer traffic targets. Additionally, impairment losses on stores with declining profitability weighed on net profit.

Source: MINKABU PRESS

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