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Wacoal Holdings Announces Corrections to Financial Statements

Story Highlights
  • Wacoal Holdings operates in the apparel industry, focusing on intimate apparel.
  • The company corrected its financial statements, showing a 7.1% revenue decrease and a business loss.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Wacoal Holdings Announces Corrections to Financial Statements

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An update from WACOAL HOLDINGS ( (JP:3591) ) is now available.

Wacoal Holdings has announced corrections to its previously released consolidated financial statements for the fiscal year ended March 31, 2025. The corrections did not alter the reported figures, which showed a decrease in consolidated revenue by 7.1% and a business loss of 3,397 million yen. Despite these challenges, the company recorded an operating profit of 3,328 million yen due to gains from the sale of property and an improved consolidated profit attributable to owners, driven by deferred tax assets from subsidiary reorganization.

More about WACOAL HOLDINGS

Wacoal Holdings Corp. operates in the apparel industry, primarily focusing on the production and sale of intimate apparel. The company is known for its high-quality lingerie and undergarments, catering to a global market with a strong presence in Japan and other international markets.

Average Trading Volume: 121,542

Technical Sentiment Signal: Buy

Current Market Cap: Yen249B

Find detailed analytics on 3591 stock on TipRanks’ Stock Analysis page.

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