Net income attributable to the parent of Victoria and Golf Partner declined by 62.5 percent year-over-year.
The Japanese retail group Xebio reported an operating profit of ¥7,006 million (€42.8m) against ¥4,204 million for the 12 months ended March 31. Net income attributable to the parent of Victoria and Golf Partner declined by 62.5 percent year-over-year to ¥971 million (€5.9m) from ¥2,592 million in the prior year.
Xebio’s financial forecast for the current fiscal year, ending on March 31, 2026, calls for a 3.1 percent increase in annual operating income to ¥7,223 million (€44.2m). Net profit attributable to the parent is expected to be essentially flat at ¥974 million (€6.0m) from annual revenue growth of 5.5 percent to ¥264,305 million (€1.62bn).
