K's Holdings, the Tokyo Prime-listed electronics retailer, raised its forecast for the six months to September 2026 and left its full-year profit guidance untouched, according to a revision notice dated 4 November 2026.
The interim forecast
The company now expects first-half sales of ¥412bn, up from ¥398bn in its earlier forecast, a 3.5% increase. Operating profit is forecast at ¥25bn against ¥17.5bn before, up 42.9%. Ordinary profit is forecast at ¥26bn (previously ¥18.8bn) and profit attributable to owners of the parent at ¥18bn (previously ¥13.1bn). The company's operating profit for the same period a year earlier was ¥13.03bn.
Why the company is raising its forecast
K's Holdings says demand for air conditioners drove the upgrade. Japan will raise energy-efficiency standards in April 2027, and the company cites concern about higher prices as behind what it calls the "air conditioner 2027 problem". That demand more than offset a slump in PC sales after the surge tied to the end of Windows 10 support in the year to March 2026. The company expects slower growth in selling, general and administrative expenses to put profit above the earlier forecast. The regulatory timing and customer motives are the company's own account.
The full year stays cautious
For the year to March 2027, K's Holdings raised its sales forecast only to ¥790bn from ¥785bn, a 0.6% change. Operating profit stays at ¥30.5bn, ordinary profit at ¥33.5bn and net profit at ¥20bn. The company says it assessed sales prudently against current conditions. It held profit guidance because of higher selling and administrative costs, including store repairs, meant to support sales growth from the next fiscal year onward. The notice cautions that actual results may differ from the forecasts.