Yamada Holdings announced its results on 6 November. It raised its forecast for current-year consolidated net profit by 18.0% from the previous forecast, and expects a substantial year-on-year increase in second-half profit.
On 6 November, Yamada Holdings announced that consolidated net profit for the cumulative second quarter of the fiscal year ending March 2027 (April-September) rose 68.7% year on year to ¥21.5 billion. It also raised its full-year net profit forecast from ¥27.8 billion to ¥32.8 billion. The projected growth rate after the upward revision is expected to expand from 88.1% to 2.2 times.
For the most recent 3-month period, consolidated net profit for July-September was ¥11.5 billion, 2.9 times the year-earlier period, while the operating margin on sales improved from 2.0% in the year-earlier period to 2.8%.
Based on the first-half results and second-half plans announced by the company, second-half consolidated net profit for October-March is estimated at ¥11.2 billion, 5.6 times the year-earlier period. This is expected to support a solid full-year outlook.
The earnings presentation materials cite the results of structural reforms under the Living as a Whole strategy and progress on the asset sale project as background, and indicate that net profit attributable to owners of the parent is expected to increase substantially.