HAPPINET, a wholesaler of toys, video and music products, and video games, raised its earnings forecast for the first half of the fiscal year ending March 2027. Operating profit is projected at ¥13.5 billion, up 55% year on year, while the full-year forecast was left unchanged from the previous forecast.
HAPPINET raised its earnings forecast for the first half of the fiscal year ending March 2027. Operating profit is projected at ¥13.500 billion, up 55.0% year on year, approximately 73% above the previous forecast.
The expansion in first-half revenue was attributed in part to strong sales of lottery products, trading cards and capsule toys for convenience stores.
The full-year earnings forecast was not revised, and operating profit for the fiscal year ending March 2027 is projected at ¥15.800 billion, up 1.3% from the previous fiscal year.