News Summary:
Leopalace21 announced on April 28, 2026, that its Leopalace Centers would close for the Golden Week Holiday from May 2 to May 6, suspending store visits, inquiries, and key handovers during that period. Previously, on March 31, 2026, the company stated it would consolidate its stores. Earlier, on February 27, 2026, Leopalace21 outlined a planned JPY 30.0 billion term loan agreement with Mizuho Bank, intended to refinance existing debt and clarify its income outlook and funding structure. This followed the release of the company's nine-month results to December 31, 2025, and new earnings guidance for the fiscal year ending March 31, 2026. Leopalace21 had reported strong financial results on February 19, 2026, for the first nine months of the fiscal year, achieving net sales of JPY332.7 billion, operating profit of JPY28.6 billion, recurring profit of JPY27.8 billion, and net income of JPY10.0 billion, alongside issuing earnings guidance and outlining a sizable refinancing term loan.
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