TYO:8273

Izumi Temporarily Closes All Kumamoto Stores After Earthquake; Shares Rise 3%

Japanese retailer Izumi (TYO:8273) temporarily closed all 35 stores in Kumamoto Prefecture, including Youme Town, Youme Mart, and SUNNY establishments, after some suffered damage to exterior and interior facilities following the earthquake on Tuesday, according to a Wednesday filing with the Tokyo Exchange.The company said that more than a dozen employees were injured, although none suffered life-threatening injuries.Shares of Izumi rose nearly 3% in recent trade.

Phillip Securities Starts Izumi at Buy with 1,280 Yen Price Target

Izumi's Profit Climbs 7.5% in Fiscal Q1

Izumi's (TYO:8273) profit attributable to owners of the parent rose 7.5% to 4.53 billion yen for the fiscal first quarter from 4.21 billion yen a year earlier.The retailer's basic earnings per share increased to 21.55 yen from 19.75 yen a year ago, according to a Tokyo bourse filing on Tuesday.Net sales rose 2.8% to 140.3 billion yen for the three months ended May 31 from 136.5 billion yen in the prior year.For the full fiscal year ending Feb. 28, 2027, the company expects attributable profit of 17.4 billion yen, EPS of 82.82 yen, and net sales of 587.1 billion yen.Izumi plans to pay interim and year-end dividends of 15 yen per share, each, for the current fiscal year, which is lower than the amounts paid in the prior fiscal year.

SMBC Nikko Downgrades Izumi to Neutral from Outperform; Price Target is 1,010 Yen

Izumi's Profit Surges 37% in Fiscal 2025

Izumi's (TYO:8273) profit attributable to owners of the parent surged 37% to 16.8 billion yen for the fiscal year 2025 from 12.3 billion yen a year earlier.The supermarket operator's basic earnings per share increased to 79.40 yen from 57.33 yen a year ago, according to a Tokyo bourse filing on Tuesday.Operating revenue jumped 8.6% to 569.3 billion yen for the full year ended Feb. 28 from 524.1 billion yen in the prior year.For the fiscal year 2026, the company expects attributable profit of 17.4 billion yen, EPS of 82.82 yen, and operating revenue of 587.1 billion yen.Izumi plans to pay interim and year-end dividends of 15 yen per share, each, for the year, which is lower than the amount paid in the year-ago period.