J. Front Retailing Earnings Call Transcripts
Fiscal Year 2026
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Gross sales and revenue increased year-on-year, but business profit declined due to higher costs and the absence of a prior one-time gain. FY 2026 guidance calls for modest profit growth, continued dividend increases, and strategic investments, with risks from rising costs and uncertain inbound demand.
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H1 FY2025 saw higher sales but profit declines due to rising costs and weaker inbound sales. Full-year forecasts were revised down, with continued dividend growth and active capital investment planned. Domestic demand remains strong, but inbound and high-end sales face headwinds.
Fiscal Year 2025
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Record FY2024 results with double-digit profit growth and strong inbound demand, especially in luxury and urban segments. FY2025 guidance anticipates continued sales growth but lower operating profit due to absence of one-time gains, with active investment and shareholder returns planned.