東邦レマック has downgraded its standalone earnings forecast for the current fiscal year, with revenue expected to come in at ¥4.816 billion and the operating result expected to fall into the red. Weak sales of women's and men's shoes were cited as the reason.
東邦レマック released its standalone earnings forecast for the fiscal year ending December 2026 after the close of trading last Friday. It revised revenue down from ¥5.104 billion to ¥4.816 billion and now expects the operating result to swing from a profit of ¥88 million to a loss of ¥76 million.
The main factor cited was weak sales of women's and men's shoes in the company's footwear business. The outlook is now below the previous forecast, and some market participants say the market reaction is weighing on the shares.
It was also reported that the company posted a loss of ¥120 million in the previous fiscal year. The company's explanation and the market's reaction may affect developments going forward.