United Supermarket Holdings announced that it had cut its full-year forecast for the fiscal year ending February 2027 and expects net income for the period to fall to a loss of ¥8.0 billion. It also announced plans to recognize impairment losses and store closure losses as extraordinary losses.
United Supermarket Holdings, a supermarket operator listed on the TSE Standard market, announced that it had cut its consolidated full-year earnings forecast for the fiscal year ending February 2027. As a result, the company expects net income for the fiscal year to be a loss of ¥8.0 billion.
The changes to the financial forecasts reflect revisions to projected operating revenue and each profit measure. The previous forecast assumed operating revenue of ¥1.1332 trillion, operating profit of ¥10.0 billion, and net income of ¥150 million. The revised outlook calls for operating revenue of ¥1.0968 trillion, operating profit of ¥1.0 billion, and a net loss of ¥8.0 billion.
The expected loss is attributed in part to customer numbers and items purchased falling short of assumptions. The company also expressly stated that it plans to recognize impairment losses on stores, store closure losses, and asset disposal losses associated with the deterioration in performance as extraordinary losses.
The notice concerning the earnings forecast revision was published as the company's official announcement. The data presented indicate only changes to the underlying assumptions, and the text does not state whether further updates will be issued.