Wacoal Holdings (3591) investor relations material

Executive summary

• Revenue rose 8.8% year-over-year to 48,905 million yen, driven by overseas growth and the Glamorise acquisition.

• Business profit fell 34.3% year-over-year to 1,578 million yen due to higher SG&A and prior-year one-time gains.

• Operating profit dropped 90.8% year-over-year, reflecting the absence of last year's property sale gain.

• Profit attributable to owners of parent declined 88.7% year-over-year to 1,553 million yen.

• The business environment showed regional variation: strong US/Europe, weak China, and mixed Japan.

Financial highlights

• Gross profit increased 9.1% year-over-year to 28,613 million yen.

• SG&A expenses rose 13.4% year-over-year, impacting profitability.

• Basic EPS was 31.41 yen, down from 266.25 yen year-over-year.

• Total assets at quarter-end were 291,904 million yen; equity attributable to owners was 212,834 million yen.

• Cash and cash equivalents decreased to 31,749 million yen, down 12,421 million yen from year-end.

Outlook and guidance

• Full-year revenue forecast is 187,600 million yen, up 9.4% year-over-year.

• Profit attributable to owners of parent is projected at 1,800 million yen, down 86.3% year-over-year.

• No revision to previously announced forecasts.

• Annual dividend forecast maintained at 100 yen per share.