AOKI Holdings cut its current-year ordinary profit forecast by 1.1% from the previous ¥17.5 billion to ¥17.3 billion. Cumulative ordinary profit for the April-September second quarter fell sharply year on year.
AOKI Holdings announced its results after the market close on 6 November. Ordinary profit for the cumulative second quarter of the fiscal year ending March 2027 was ¥1.49 billion, down 60.2% year on year. It also revised its full-year ordinary profit forecast from ¥17.5 billion to ¥17.3 billion, narrowing the expected profit growth rate from 6.9% to 5.7%.
Based on first-half results, second-half ordinary profit is estimated at ¥15.8 billion, up 25.3% year on year. However, ordinary profit for July-September fell 68.8% year on year to ¥450 million, and the operating margin on revenue deteriorated from 3.9% to 1.9%.
The results confirmed a sharp decline in cumulative second-quarter earnings. Alongside the minor revision to the full-year plan, the focus is on whether the outlook for second-half profit will improve.