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An update from Renaissance,Incorporated ( (JP:2378) ) is now available.
Renaissance, Incorporated reported a modest 1.9% rise in net sales to ¥64.9 billion for the fiscal year ended March 31, 2026, but saw operating income fall 19.6% and ordinary income drop 35.1%, resulting in a net loss of ¥2.1 billion and a sharp decline in equity ratio from 21.8% to 17.0%. Despite the loss, the company increased its annual dividend to ¥13 per share, maintained positive operating cash flow, and ended the year with higher cash reserves, while forecasting a return to profitability in fiscal 2027 with higher sales, improved earnings, and stable dividends.
The company’s financial position reflects pressure on profitability and capital, but management is signaling confidence through continued dividend payments and projections of earnings recovery. Strategic moves, including the absorption-type merger with Sports Oasis and the consolidation of Kaede no Kaze, are expected to strengthen its business base and support growth, as Renaissance targets mid-single-digit sales expansion and double-digit operating income growth in the coming year.
More about Renaissance,Incorporated
Renaissance, Incorporated is a Japanese company listed on the Tokyo Stock Exchange that operates in the fitness and sports club sector. The company provides health, fitness, and wellness services through its network of facilities, and is expanding its footprint and offerings via mergers and acquisitions, as seen with the absorption of Sports Oasis and the addition of Kaede no Kaze as a consolidated subsidiary.
Average Trading Volume: 52,149
Technical Sentiment Signal: Sell
Current Market Cap: Yen19.14B
See more data about 2378 stock on TipRanks’ Stock Analysis page.