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Hard Off lifts sales and profit to record highs as store network expands

Story Highlights
  • Hard Off posted record third-quarter sales and parent profit, fueled by new stores, ECONOS consolidation and steady existing-store growth.
  • The company reaffirmed record full-year forecasts, maintained stable dividends and expanded its secondhand store network domestically and overseas.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hard Off lifts sales and profit to record highs as store network expands

Meet Samuel – Your Personal Investing Prophet

The latest announcement is out from Hard Off Corporation Co., Ltd. ( (JP:2674) ).

Hard Off Corporation reported that consolidated net sales for the third quarter of FY2026/3 rose 13.7% year on year to a record ¥28.2 billion, driven by 24 store openings last year, 22 new stores this year, and the consolidation of 69 ECONOS stores, with domestic existing-store sales up 3.6%. Despite higher personnel, depreciation and store-opening costs, and a one-off TOB expense for ECONOS that pushed operating and ordinary profit slightly lower, quarterly profit attributable to owners of parent increased 2.8% to a record level, supported by a gain on step acquisition.

The company left its full-year FY2026/3 forecast unchanged, expecting net sales to climb 7.4% to a 30th consecutive record and all profit lines to reach record highs for a fourth straight year, underpinned by higher sales from its expanding store base. Hard Off plans to maintain an annual dividend of ¥78 per share, targeting a stable dividend on equity of around 6%, while its total secondhand store network grew to 1,078 outlets as directly operated stores increased, franchise stores were partially internalized through ECONOS, and international locations continued to expand, reinforcing its scale and presence in the reuse retail market.

The most recent analyst rating on (JP:2674) stock is a Buy with a Yen2359.00 price target. To see the full list of analyst forecasts on Hard Off Corporation Co., Ltd. stock, see the JP:2674 Stock Forecast page.

More about Hard Off Corporation Co., Ltd.

Hard Off Corporation Co., Ltd. is a Japan-based operator of secondhand retail stores, running both directly managed and franchised outlets in Japan and overseas, including Taiwan, Cambodia and Thailand. Its formats include reuse chains such as BOOK OFF and other secondhand specialty concepts, targeting value-conscious consumers and leveraging store expansion and M&A, such as the consolidation of ECONOS Co., Ltd., to grow its reuse and recycling retail network.

Average Trading Volume: 33,166

Technical Sentiment Signal: Buy

Current Market Cap: Yen28.66B

For detailed information about 2674 stock, go to TipRanks’ Stock Analysis page.

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