ALBIS Co.,Ltd. Cuts FY2027 Interim and Full-Year Earnings Forecast

ALBIS Co.,Ltd. (TSE:7475) has revised downward its consolidated earnings forecast for the interim (H1) and full fiscal year ending March 2027, citing intensifying competition and delayed store renovations.

Item (Interim, JPY mn)BeforeAfterChange
Operating Revenue51,62249,846-3.4%
Operating Profit952595-37.5%
Ordinary Income1,049728-30.6%
Net Profit703471-32.9%
Item (Full Year, JPY mn)BeforeAfterChange
Operating Revenue103,999102,147-1.8%
Operating Profit2,3021,970-14.4%
Ordinary Income2,5082,207-12.0%
Net Profit1,3481,167-13.4%

The company said operating revenue in the first half fell short of its previous guidance due to intensifying competition in its trading area, compounded by store renovations that were not completed as planned in the first half because of delays in procuring building materials. Profit was further pressured by rising packaging material costs and utility expenses during the period.

For the full year, ALBIS expects revenue to recover in the second half as the postponed store renovations proceed from October onward, alongside margin improvement from expanded sales of higher-margin products, reduced merchandise losses, and productivity and cost initiatives at the store level. However, management judged that these second-half improvements would not be enough to offset the first-half profitability decline, prompting the cut to full-year guidance as well.

This earnings revision was disclosed the same day as ALBIS’s dividend suspension announcement tied to Life Corporation’s tender offer for the company, though the two disclosures address separate matters — the earnings cut reflects underlying business performance, while the dividend suspension is contingent on the tender offer’s completion.

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.