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Takashimaya Company ( (JP:8233) ) has issued an announcement.
Takashimaya will record a substantial extraordinary loss stemming from its tender offer to repurchase and cancel Zero Coupon Convertible Bonds due 2028, after fixing the total face value of bonds to be bought back at ¥59.99 billion. Based on the minimum purchase price of approximately ¥99.05 billion versus the bonds’ book value, the company expects at least ¥38.98 billion in extraordinary losses, with the exact amount to be finalized when the purchase price is set on February 24, 2026 and cancellation slated for February 26, 2026. Reflecting this one-off loss, Takashimaya has sharply downgraded its forecast for profit attributable to owners of parent for the fiscal year ending February 28, 2026 from ¥40 billion to ¥13 billion, a 67.5% reduction, while leaving revenue and operating profit projections unchanged, signaling that core business performance remains intact but bottom-line results will be heavily impacted by balance sheet management measures.
The most recent analyst rating on (JP:8233) stock is a Buy with a Yen2180.00 price target. To see the full list of analyst forecasts on Takashimaya Company stock, see the JP:8233 Stock Forecast page.
More about Takashimaya Company
Takashimaya Company, Limited is a Japan-based department store operator listed on the Tokyo Prime Market, offering a broad range of retail goods and related services. As one of the country’s leading retailers, it focuses on domestic consumers through its flagship department stores and associated businesses, making its capital structure and earnings stability closely watched by investors.
Average Trading Volume: 1,579,581
Technical Sentiment Signal: Buy
Current Market Cap: Yen573B
Learn more about 8233 stock on TipRanks’ Stock Analysis page.