9946.JP▼
Ministop to Post 5 Billion Yen Net Loss for Fiscal Year Ending February 2027 as In-Store Prepared Foods Fall Short of Plan
Ministop announced on the 8th that its consolidated results for the fiscal year ending February 2027 are expected to show a net loss of 5 billion yen. The prior-year result was a loss of 5.6 billion yen, and the company had previously forecast a profit of 100 million yen. In-store prepared foods, which the company strengthened to offset declining sales of handmade rice balls and other items, fell short of plan due to delays in product lineup and unfavorable weather. The impact was compounded by an impairment loss of 800 million yen on fixed assets including owned stores.
9946.JP · Capital · Negative Ministop expects a 5 billion yen net loss for FY ending Feb 2027, reversing its prior 100 million yen profit forecast, compounded by an 800 million yen impairment loss.