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An announcement from Sanyo Shokai Ltd. ( (JP:8011) ) is now available.
Sanyo Shokai Ltd. has revised its earnings forecasts for the second quarter and full year ending February 2026 due to challenging market conditions. The company cites a decline in sales from department stores and a decrease in full-price sales of Spring/Summer products as key factors impacting its financial performance. Despite steady discount sales, the overall sales slump has led to a reduction in expected net sales, operating income, and ordinary income, although the forecast for net profit attributable to owners remains unchanged due to anticipated extraordinary income in the second half.
More about Sanyo Shokai Ltd.
Sanyo Shokai Ltd. operates in the apparel industry, focusing on the production and sale of clothing. The company primarily targets the mid-to-high-end market, with department stores as its main sales channel.
Average Trading Volume: 124,060
Technical Sentiment Signal: Buy
Current Market Cap: Yen38.04B
See more data about 8011 stock on TipRanks’ Stock Analysis page.