Wacoal Holdings revises full-year forecast, postpones strategic plan
Wacoal Holdings Corp. revised its consolidated earnings forecast for the fiscal year ending March 2026, projecting a decrease in revenue and profit compared to previous estimates. The company now expects net sales of 173,800 million yen, a reduction of 13,700 million yen from the prior forecast. Profit attributable to owners of parent is now estimated at 12,200 million yen, down 2,670 million yen. This revision is attributed to sluggish sales in women's innerwear across key markets and impacts from a small fire at a UK subsidiary's logistics warehouse in June 2025, which disrupted e-commerce shipments for two months.
Consequently, the announcement of the next medium-term management plan, originally slated for year-end, has been postponed to May 2026. The company will undertake a thorough review of market conditions and its business structure to formulate a more robust strategy. Despite the revised forecast, Wacoal Holdings will proceed with an interim dividend of 50.00 yen per share for the fiscal year ending March 2026, consistent with its earlier forecast.
In a separate announcement, Wacoal Holdings reported the purchase of 438,400 treasury shares totaling 2,499,806,700 yen during October 2025, as part of a larger buyback program authorized in May 2025. Total repurchases under this resolution reached 2,342,000 shares for 12,467,259,700 yen as of October 31, 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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