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Crossfor lifts sales outlook and dividend as home market outshines exports

It now expects ¥5.428 billion of sales, ¥78 million of operating profit and ¥70 million of ordinary profit for the year to July, and raised its planned year-end dividend to ¥0.63 a share from ¥0.35. Domestic proposal-based selling and bullion-related demand did the lifting, while overseas orders stayed softer.

Jun 12, 20261 min read
Jewelry trays and accessories moving from a wholesale packing table toward a retail display, suggesting stronger home-market demand and weaker export orders.

Crossfor has lifted its outlook for the year to July 2026 after stronger domestic jewelry demand pushed sales above plan. The company now expects sales of ¥5.428 billion, up from ¥4.010 billion, operating profit of ¥78 million, up from ¥70 million, and ordinary profit of ¥70 million, up from ¥33 million. It also raised its planned year-end dividend to ¥0.63 a share from ¥0.35.

This looks less like a blanket luxury boom than a channel story. Crossfor said proposal-based selling to large domestic retailers and wholesalers worked, supply for customers' live sales at exhibition venues expanded, and sales of bullion-related products increased as precious-metal prices rose. Those gains helped sales and gross profit run ahead of the company's earlier assumptions.

The weak spot remains overseas. Crossfor said US tariffs were still weighing on the American market, while higher selling prices linked to dearer metal reduced demand abroad. Some orders from major foreign customers were also pulled forward into the third quarter from the fourth, so the company expects revenue to cool later in the year. It added that planned AI-related spending could leave the fourth quarter alone in operating loss, even though the full-year outlook has been raised. Actual results may still differ from current estimates, the company said.