Xebio Warns of Impairment Losses
The Japanese retailer said its bottom line for the fiscal year ended Mar. 31, 2026, would swing to a loss of ¥2,141 million ($13.6 mm), down from a ¥971 million profit, and would fall short of its forecast for net income of ¥236 million ($1.5 mm). Operating profit is also expected to come in lower due to lower gross margins, valuation losses, and launch ... Log in to view full article.