Net sales revised to 18,000 million yen for the full year (previously 20,300 million yen), operating income -1,730 million yen, ordinary income -1,600 million yen, net income attributable to owners of the parent -1,180 million yen, and earnings per share -1.52 yen. First-quarter results: net sales 4,023 million yen, operating loss 483 million yen, ordinary loss 387 million yen, net income 200 million yen. Going forward, the company will continue to consolidate unprofitable stores and review selling, general and administrative expenses, but expects profits to improve only modestly in the second 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Inc.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-08-20","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/08\/7603-20260820-02.pdf","jir_short_summary":"Net sales revised to 18,000 million yen for the full year (previously 20,300 million yen), operating income -1,730 million yen, ordinary income -1,600 million yen, net income attributable to owners of the parent -1,180 million yen, and earnings per share -1.52 yen. First-quarter results: net sales 4,023 million yen, operating loss 483 million yen, ordinary loss 387 million yen, net income 200 million yen. Going forward, the company will continue to consolidate unprofitable stores and review selling, general and administrative expenses, but expects profits to improve only modestly in the second half.","jir_summary":"### Section Heading\nThe background for revising the earnings guidance for the second quarter of the fiscal year ending February 2027 and full year includes a substantial miss in the first-quarter results. Primary factors are weakness in the core apparel and lifestyle business, delays in contributions from new businesses such as procurement and AI-related ventures, and changes in the handling of cryptocurrency-related revenue. Additionally, the second quarter did not show improvements in sales or profits, and improvements in the second half are expected to be limited. As a result, full-year guidance was lowered, and a substantial improvement in profits is not anticipated.\n\n### Second Section Heading\nWhile continuing to streamline unprofitable stores and optimize SG&A expenses, the impact of store reduction is expected to persist. Progress in new businesses is present, but the second half is anticipated to contribute only modestly to profits, and recognition of cryptocurrency-related revenue in net sales and gross profit will be postponed. Further improvement measures will be implemented, but at this point a second-half operating loss is anticipated.","jir_financial_highlights":"Net sales: 18,000 (Previously announced forecast 20,300 \u2192 Revised to 18,000 million yen (\u25b32,300))\nOperating income: -1,730 (Previously forecast 50 \u2192 Revised to \u25b31,730 million yen (\u25b31,780))\nOrdinary income: -1,600 (Previously forecast 400 \u2192 Revised to \u25b31,600 million yen)\nNet income attributable to owners of the parent: -1,180 (Previously forecast 900 \u2192 Revised to \u25b31,180 million yen)\nEarnings per share: -15.22 (Previously 15.44 \u2192 Revised to \u25b315.22 yen)","jir_category":"","jir_hashtags":"#GEIT, #EarningsGuidanceRevision, #FinancialSummaryRelated","jir_key_figures":"Net sales: 18,000 million yen (for the full year)\nOperating income: \u25b31,730 million yen\nOrdinary income: \u25b31,600 million yen\nNet income attributable to owners of the parent: \u25b31,180 million yen","jir_meta_title":"GEIT \u2014 Financial Results Revision: Lowered Full-Year Forecast Exceeds 20,000 million yen, but SG&A Cost Reduction Provides Potential for Improvement","jir_meta_description":"GEIT revises its figures for the second-quarter cumulative and full-year earnings for the fiscal year ending February 2027. Net sales are 18,000 million yen, operating income is \u25b31,730 million yen, and net income is \u25b31,180 million yen. Explanations of Q1 results, outlook for the second half, and key risk factors.","jir_og_title":"GEIT \u2014 Revision of Results: Net sales at 18,000 million yen, continued expected operating loss in the second half","jir_og_description":"GEIT's earnings revision for the fiscal year ending February 2027 shows net sales of 18,000 million yen, with widening operating losses and limited improvement in the second half. Key factors include weakness in core businesses and delays in new ventures.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":60317,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"earnings_guidance","footnotes":""},"sector":[],"importance":[],"class_list":["post-105647","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n