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Mac House Co., Ltd. ( (JP:7603) ) has provided an update.
Gyet Co., Ltd. has sharply revised downward its full-year forecast for the fiscal year ending February 2026, cutting projected net sales from ¥13.5 billion to ¥11.76 billion and widening its expected net loss from ¥310 million to ¥2.099 billion, implying a substantially larger loss per share. The company attributed the deterioration primarily to the inability to book anticipated valuation gains from cryptocurrency investments following a recent decline and instability in Bitcoin prices, as well as weaker-than-planned performance in its Apparel and Lifestyle Business, where higher customer traffic from promotions and clearance sales failed to translate into sufficient spending because of aggressive inventory liquidation and price cuts that pressured gross margins; as a result, both sales and profitability are now forecast to undershoot earlier expectations, signaling heightened earnings risk for shareholders and other stakeholders.
The most recent analyst rating on (JP:7603) stock is a Hold with a Yen198.00 price target. To see the full list of analyst forecasts on Mac House Co., Ltd. stock, see the JP:7603 Stock Forecast page.
More about Mac House Co., Ltd.
Gyet Co., Ltd. is a Japan-based company listed on the Tokyo Stock Exchange Standard Market under securities code 7603. It operates an Apparel and Lifestyle Business, focusing on retailing clothing and related lifestyle products to consumers, and has recently also pursued revenue opportunities through cryptocurrency investments, including Bitcoin, as part of its broader earnings strategy.
Average Trading Volume: 556,184
Technical Sentiment Signal: Sell
Current Market Cap: Yen4.66B
For detailed information about 7603 stock, go to TipRanks’ Stock Analysis page.