No. 1 released its earnings results after the market close on 14 October. Consolidated ordinary profit for the cumulative second quarter (March-August) was ¥530 million, down 19.1% year on year, representing only 33.6% progress against the full-year plan. In the latest three-month period, June-August, consolidated ordinary profit was ¥380 million, down 12.0% year on year, while the operating margin declined from 11.4% to 7.8%.
No. 1 reported consolidated ordinary profit of ¥530 million for the cumulative second quarter (March-August) of the fiscal year ending February 2027, down 19.1% year on year. Progress was 33.6%, below the five-year average of 45.7%. Based on this, the company’s estimate indicates that consolidated ordinary profit for the second half, September-February, is expected to rise 44.1% year on year to ¥1.05 billion.
In the latest three-month period, June-August, consolidated ordinary profit was ¥380 million, down 12.0% year on year, while the operating margin declined substantially from 11.4% in the same period of the previous year to 7.8%.