Shares of and ST HD Co., Ltd. fell 5% after the fashion company reported a decline in net profit for fiscal 2026 due to extraordinary losses, despite a 3.8% rise in sales. The company forecasts improved results for fiscal 2027.
- Net profit for fiscal 2026 fell 1.2% to 9.498 billion yen due to extraordinary losses.
- Sales increased 3.8% to 304.351 billion yen in FY26.
- Operating profit rose 6.5% to 16.524 billion yen.
- The company forecasts a 10.5% increase in net income for fiscal 2027.
- Dividends for FY26 will be 90 yen per share, with the year-end portion reduced to 45 yen.
- Shares closed 4.61% lower at 2,919.00 yen on Monday.
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