Taka-Q first quarter profit declines sharply amidst challenging environment

Taka-Q, a clothing retailer, reported a sharp decline in profit for the first quarter of the fiscal year ending February 2026. The company's net profit fell to ¥176 million, a significant decrease from ¥1,710 million in the same period last year. Sales also declined by 9.2% to ¥2,410 million. The company cited a challenging economic environment marked by rising costs, consumer hesitancy, and unfavorable weather conditions impacting demand for spring/summer apparel. Despite efforts to control costs and improve efficiency, existing store sales decreased by 5.2%. The company maintained its full-year forecast, projecting sales of ¥9,300 million and net profit of ¥260 million.