00:00
Money for You
Money for You
USD/RUB
EUR/RUB
Market Quotes

Shirohato Swings to 70 Million Yen Loss in Fiscal First Half

Shirohato Co. Ltd. reported a net loss of 70 million yen for the six months ending May 31, a sharp reversal from the 365 million yen profit recorded during the same period last year. The shift reflects a difficult fiscal half for the company despite a modest increase in overall revenue.

Shirohato Swings to 70 Million Yen Loss in Fiscal First Half

The Japanese retailer posted revenue of 3.08 billion yen for the period, climbing from 2.69 billion yen a year earlier. Despite this top-line growth, profitability remained elusive as the company grappled with ongoing operational challenges. Operating losses narrowed to 55 million yen from 82 million yen, while pretax losses similarly improved to 69 million yen from 95 million yen in the prior year.

Earnings per share dropped to a loss of 10.55 yen, compared to a profit of 54.84 yen in the previous year's corresponding period. In line with the results, the company maintained no midyear dividend payout, matching the zero-dividend status from the same timeframe in 2025. These figures are reported under Japanese accounting standards.

Share

Comments (0)

Leave a comment

No comments yet. Be the first!