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Watahan’s March Sales Dip as Store Renovations Offset Strong DIY Demand

Story Highlights
  • Watahan reported weaker March sales and traffic year on year, with both all-store and existing-store performance declining versus 2025 levels.
  • Despite solid demand for gardening, household, and DIY goods, large-scale store renovations temporarily pressured overall sales and customer spending metrics.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Watahan’s March Sales Dip as Store Renovations Offset Strong DIY Demand

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Watahan & Co., Ltd. ( (JP:3199) ) has provided an update.

Watahan & Co., Ltd. reported monthly retail trends for the fiscal year ending March 2026, showing that overall sales for all stores in March were 93.2% of the prior-year level, with customer numbers at 95.2% and average spending at 97.9%. Existing-store sales followed a similar trajectory, underscoring a broad-based softness compared with the previous year.

The company noted that gardening supplies, household goods, and DIY products performed solidly in March, supported by aggressive promotional activities that helped sustain demand in core categories. However, large-scale renovations at several major stores weighed on overall sales, traffic, and basket size, indicating a short-term impact on performance as the company invests in upgrading key locations.

The most recent analyst rating on (JP:3199) stock is a Hold with a Yen1444.00 price target. To see the full list of analyst forecasts on Watahan & Co., Ltd. stock, see the JP:3199 Stock Forecast page.

More about Watahan & Co., Ltd.

Watahan & Co., Ltd. operates a retail business that combines physical stores and e-commerce, focusing on gardening supplies, household goods, and DIY products for consumer markets. The company tracks performance across all and existing stores, highlighting trends in customer traffic and average spending as key indicators of its retail operations.

Average Trading Volume: 30,506

Technical Sentiment Signal: Buy

Current Market Cap: Yen29.48B

Learn more about 3199 stock on TipRanks’ Stock Analysis page.

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