Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Izumi Co., Ltd. ( (JP:8273) ) has shared an announcement.
Izumi Co., Ltd. reported solid top-line growth for the third quarter and full-year periods, with operating revenue rising to ¥416.9 billion for the latest nine-month period (up 11.7% year on year) and ¥524.1 billion for the full term, driven chiefly by its retail operations, which account for more than 95% of operating revenue. Gross profit and operating profit both increased year on year, but profit attributable to owners of the parent declined slightly for the nine-month period, reflecting higher selling, general and administrative expenses, increased interest expenses, and a sharp drop in extraordinary income versus the previous year. Segment data show that retail-peripheral operations, including finance, store management, and food services, delivered faster operating profit growth than the core retail segment, highlighting the growing contribution of ancillary businesses to group earnings. Major subsidiaries such as Izumi Techno and Izumi Food Service posted revenue gains, while regional supermarket units Youme Mart Kumamoto and Youme Mart Kitakyushu showed notable improvements in operating profit, indicating progress in integrating and strengthening regional retail platforms under the group.
The most recent analyst rating on (JP:8273) stock is a Hold with a Yen3165.00 price target. To see the full list of analyst forecasts on Izumi Co., Ltd. stock, see the JP:8273 Stock Forecast page.
More about Izumi Co., Ltd.
Izumi Co., Ltd. operates primarily in retail, with its core business in general merchandising through stores and related retail formats. The group also runs retail-peripheral businesses such as finance (credit card services), store management, and food services, along with smaller ancillary operations, primarily serving regional consumer markets in Japan.
Average Trading Volume: 188,289
Technical Sentiment Signal: Sell
Current Market Cap: Yen215.9B
See more insights into 8273 stock on TipRanks’ Stock Analysis page.