Revision of Full-Year Consolidated Earnings Forecast and Recognition of an Extraordinary Loss
CAN DO CO.,LTD. (the Company)
Fixed assets associated with stores owned by the Company (store closures, renovations, and existing stores)
Increasing consumer cost-consciousness, unplanned store closures, higher costs, and impairment accounting for fixed assets associated with store closures, renovations, and existing stores
The Company expects to recognize an impairment loss of ¥322 million as an extraordinary loss
The fourth-quarter consolidated accounting period of the fiscal year ending February 2026
Revised. The revised forecast is consolidated net sales of ¥87,050 million, consolidated operating profit of ¥1,530 million, consolidated ordinary profit of ¥1,520 million, and net income attributable to owners of the parent of ¥440 million.
Company response
Unplanned store closures (affected stores and scope: Not disclosed)
Actual results may differ from the earnings forecast due to various factors going forward.
| Item | Details |
|---|---|
| Event name | Revision of Full-Year Consolidated Earnings Forecast and Recognition of an Extraordinary Loss |
| Date of occurrence | Fourth-quarter consolidated accounting period of the fiscal year ending February 2026 (specific date: Not disclosed) |
| Subject Entity | CAN DO CO.,LTD. (the Company) |
| Target Locations / Products | Fixed assets associated with stores owned by the Company (store closures, renovations, and existing stores) |
| Cause | Increasing consumer cost-consciousness, unplanned store closures, higher costs, and impairment accounting for fixed assets associated with store closures, renovations, and existing stores |
| Amount of Impact on Business Performance | The Company expects to recognize an impairment loss of ¥322 million as an extraordinary loss |
| Accounting period in which recognized | The fourth-quarter consolidated accounting period of the fiscal year ending February 2026 |
| Impact on Earnings Forecast | Revised. The revised forecast is consolidated net sales of ¥87,050 million, consolidated operating profit of ¥1,530 million, consolidated ordinary profit of ¥1,520 million, and net income attributable to owners of the parent of ¥440 million. |
| Suspended operations | Unplanned store closures (affected stores and scope: Not disclosed) |
| Outlook | Actual results may differ from the earnings forecast due to various factors going forward. |
Items this document does not state (15)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Sales are expected to fall below the initial plan because of unplanned store closures, although ¥100 products performed well as consumers became more cost-conscious. Gross profit is also expected to fall short of plan due to higher costs, while lower selling, general and administrative expenses, resulting from cost reductions including the introduction of self-checkout registers and labor-hour controls, offset the shortfall in operating profit. The impairment loss reflects impairment accounting for fixed assets associated with store closures, renovations, and existing stores.