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Wacoal Holdings Reports Mixed Q1 Financials

Wacoal Holdings Reports Mixed Q1 Financials

WACOAL HOLDINGS (JP:3591) has released an update.

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Wacoal Holdings Corp. reported a decrease in first quarter revenue by 4.8% and a significant drop in business profit by 34.2% from the previous year, despite a slight increase in profit before taxes and profit attributable to owners. The company’s total equity increased, and it maintained a consistent dividend payout. No changes in accounting policies, estimates, or significant changes in consolidation scope were reported, and there was no revision to the forecast of business results.

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