H2O Retailing Corporation

H2O Retailing Corporation develops, operates, and manages commercial facilities in Japan. It operates through four segments: Department Store, Food, Commercial Facility, and Others. The Department Store segment sells clothing, personal items, household goods, and food, while the Food segment covers food supermarkets and food manufacturing. The Commercial Facility segment handles commercial property rental and building management, and the Others segment includes convenience stores, beauty select shops, interior construction, and information processing services. The company also manufactures prepared dishes, packed lunches, breads, and dry foods, and provides hotel management, costume rentals, food delivery, store maintenance, cleaning and security services, uniforms, station kiosks, and pet supplies and grooming. Formerly known as Hankyu Department Stores, Inc., it changed its name to H2O Retailing Corporation in October 2007. Founded in 1929, it is headquartered in Osaka, Japan.

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H2O Retailing holds full-year forecast steady as April–June net profit jumps 2.57 times

H2O Retailing has kept its consolidated full-year earnings forecast for the fiscal year ending March 2027 unchanged. First-quarter net profit surged 2.57 times year on year to 10.265 billion yen, but the outlook remains uncertain due to the Middle East situation, the shift to airport duty-free sales, and a pullback in spending ahead of a consumption tax cut. For the full year, the company expects net profit to fall 23.2 percent from the previous year to 23 billion yen. The April–June quarter was boosted by a special gain of 5.162 billion yen from the sale of investment securities, the renovation effects at the Hankyu Umeda Main Store and Hanshin Umeda Main Store, and a rise in inbound sales driven by the weaker yen, all of which lifted the department store business.

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