TAKE AND GIVE NEEDS raised its consolidated earnings forecast for the fiscal year ending December 2026. Sales of high-value-added products benefited from intensified sales promotion in its core domestic wedding business.
After the market close on the 13th, TAKE AND GIVE NEEDS announced that it had raised its consolidated earnings forecast for the fiscal year ending December 2026, with net sales increased from ¥47.84 billion to ¥49.0 billion, operating profit from ¥1.24 billion to ¥1.5 billion and net profit from ¥570 million to ¥800 million. Comparisons with the previous fiscal year are difficult because the change in the fiscal year-end resulted in a nine-month accounting period, but the company said measures to increase the value added of its domestic wedding business had contributed.
The company also announced results for the six months ended June, reporting net sales of ¥23.95 billion, operating profit of ¥69 million and net profit of ¥800 million. The article notes that the scale of the upward revision has attracted investor interest.