Look Holdings Revises FY2026 Earnings Forecast Upward on Strong Domestic, Overseas Sales
Look Holdings Incorporated (TSE:8029) raised its earnings guidance for the fiscal year ending December 2026, citing robust performance across domestic and international operations.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 23.0bn | JPY 24.2bn | +5.2% |
| Operating Profit | JPY 1.00bn | JPY 1.10bn | +10.0% |
| Ordinary Income | JPY 1.10bn | JPY 1.30bn | +18.2% |
| Net Profit (Parent Company) | JPY 650M | JPY 900M | +38.5% |
| EPS | JPY 87/share | JPY 120/share | +38.4% |
For the interim period (January–June 2026), the luxury goods retailer lifted revenue guidance to JPY 24.2bn from JPY 23.0bn, while operating profit rose to JPY 1.10bn from JPY 1.00bn. Ordinary income (keijo rieki), a Japan-specific metric encompassing operating profit plus non-operating items, climbed 18.2% to JPY 1.30bn. Net profit attributable to parent company shareholders surged 38.5% to JPY 900M.
Management attributed the upward revision to aggressive domestic store expansion driving steady performance in flagship import brands, strong final-season sales in South Korea following the termination of an exclusive distribution agreement with SMCP Holding SAS, and increased department store traffic from affluent domestic customers and inbound tourists from April onward. Additionally, the company’s Italian retail operations benefited significantly from tourism demand. The company noted that headquarters relocation costs partially offset gains.
For the full fiscal year, revenue guidance increased modestly to JPY 47.0bn from JPY 46.0bn, while operating profit rose 11.8% to JPY 1.90bn and ordinary income climbed 10.0% to JPY 2.20bn. However, full-year net profit remained flat at JPY 1.60bn due to one-time relocation expenses, limiting bottom-line upside despite operational strength.
The revision signals resilient demand across Look Holdings’ portfolio, though investors should note that one-time costs are temporarily constraining net profit growth despite robust underlying business momentum.
Source: Original filing (TDnet) | 日本語版
This article is for informational purposes only and does not constitute investment advice. Always verify against the original filing.