Earnings, deals and disclosures from Japan's listed trading houses & wholesale companies, in English.
Marubeni raised its three-year shareholder-return target by ¥200bn to ¥900bn and approved a ¥100bn buyback after first-quarter net profit rose 20.7% to ¥186.4bn, already a third of the way to its full-year goal.
Commodity prices lifted Mitsubishi Corporation's Metal Resources profit and a one-off revaluation gain from removing engineering contractor Chiyoda Corporation from its consolidated accounts pushed quarterly net profit to ¥298.5bn, even as the trading house held its full-year target steady at ¥1.10tn.
A first-quarter surge in memory prices, driven by generative-AI product demand, pushed the Tokyo-listed chip distributor to lift its full-year operating profit forecast by 168.7% and raise its dividend to ¥1,640 a share from ¥600.
Data-center memory shortages, a quicker factory-automation recovery and heat-driven cooling sales push the distributor's full-year operating profit guidance up 25% to ¥7.5bn and its dividend up ¥20 a share to ¥170.
Quarterly sales fell 21% as pachinko machine shipments cooled from last year's hit title, but a China licensing rebound and sold-out amusement orders pushed Tsuburaya Fields to raise full-year profit guidance 18% and declare an Ultraman 60th-anniversary special dividend that doubles its annual payout.
Operating profit at the Tokyo-listed semiconductor and cybersecurity distributor more than doubled in the June quarter, powered by AI-server chip demand and testing-equipment orders, yet management held its full-year forecast unchanged, wary of memory shortages and longer component lead times.
Operating profit rose to ¥418.8mn, or 83.8% of KTK's full-year goal, as higher-margin reuse toner and IT cross-selling lifted both segments and left guidance unchanged.
¥483mn in dividends from two subsidiaries will show up as operating revenue at Fuji Unite Holdings in the year ending March 2027, but the company says the payment leaves consolidated results untouched.
The numbers: Sanrio posted ¥194.1bn in sales, ¥79.3bn in ordinary income and ¥54.6bn in parent profit for the year to March 2026, with total assets ending the period at ¥234.7bn.
Revenue in the year to March 2026 fell to ¥32.70bn from ¥33.42bn a year earlier, while ordinary income climbed, but the filing extract does not show what the second submission of the amended report corrected.
A planned ¥70 year-end dividend and a new ¥1bn repurchase cap show Nagaileben leaning on its balance sheet even as nine-month net profit slipped 1.0 per cent and full-year guidance stayed put.
Sales fell to ¥31.58bn in the year to March 2026, but pre-tax profit still reached ¥9.21bn, and FTGroup said reporting controls were effective at the three business locations that account for about two-thirds of revenue.
A ¥736.6mn payout from two units will be booked as non-operating income at the parent in the year ending March 2027, but Nagahori says consolidated results will not change.
Beauty Kadan now expects ¥7.3bn in sales, a ¥145mn operating loss and a ¥140mn net loss for the year to June 2026, versus its previous plan for ¥120mn of operating profit and ¥40mn of net profit. The company blamed weaker funeral-service volumes in some regions as customers shifted toward smaller ceremonies, plus persistently high labour and outsourcing costs, and cut the year-end dividend to zero from ¥5.25 a share.
Net sales reached ¥3.82tn, ordinary income ¥75.72bn and parent profit ¥42.53bn in the year to March 2026, all above a year earlier. Big numbers, yes, but still from a backward-looking annual report rather than new guidance.
Sanrio reported revenue of ¥194.1bn for the year to March 2026, up 33.9%, while operating profit jumped 50.3% to ¥77.9bn and net profit attributable to owners rose 30.9% to ¥54.6bn. The company said all three were record highs, and net assets climbed to ¥156.0bn from ¥107.6bn. The board also approved a year-end dividend of ¥38 a share for March 31 holders, taking the full-year payout to ¥69 from ¥53 on a pre-split basis. One wrinkle worth keeping straight: Sanrio's 5-for-1 stock split took effect on April 1, so the current-year dividend forecast of ¥16 a share is shown on a post-split basis rather than on the same unit as last year's figure.
Sales rose 5.1% to ¥286,172 million and operating profit increased 10.2% to ¥21,037 million in the six months to April, while net profit attributable to owners rose 15.7% to ¥16,501 million. Management nevertheless left full-year earnings guidance and its ¥32.00 dividend forecast unchanged.
First-quarter sales rose 10.7% to ¥67.844 billion and operating profit rose 13.8% to ¥2.052 billion, with the distributor business doing most of the heavy lifting. May sales then ran at 109.9% of the prior-year month, while cash-and-carry growth stayed much softer.
First-quarter sales rose to ¥1.801 billion and operating profit turned positive, but a ¥31.16 million loan-loss allowance and tax expense left a ¥36 million net loss. Separately, the company disclosed a post-quarter cash outflow of about ¥45 million after a false remittance instruction by a third party posing as company personnel.
Beauty Garage lifted revenue 13.3% to ¥38.2 billion in the year to April 2026, but operating profit fell 4.8% to ¥1.52 billion and operating cash flow dropped to ¥553 million from ¥1.42 billion. Management tied much of the squeeze to opening and stabilising the new Kashiwa fulfillment center while old and new logistics sites ran in parallel, and the presentation put the negative profit impact at roughly ¥580 million. The board still kept the year-end dividend at ¥8 a share, taking the full-year payout to ¥16. The company's rebound case depends on that warehouse behaving less like a construction site and more like an asset.
The company raised full-year sales guidance to JPY 154 billion from JPY 144 billion and net profit to JPY 8.5 billion from JPY 7.7 billion, saying demand from semiconductor manufacturing equipment and machine-tool customers recovered faster than expected. It also raised the annual dividend plan to JPY 160 a share from JPY 150, though construction and electrical-distribution demand still faces project delays tied to cost inflation and labor shortages.
Revenue guidance for the year to July rises to ¥421 billion from ¥418 billion and the planned year-end dividend to ¥72 a share, helped by GIGA School replacements and large education-network projects. Operating profit stays at ¥15.4 billion because some local-government system work slipped into next year and the company booked ¥749 million of warranty provisions for future support.
The move: after a record year to March 2026, Sangetsu set a tougher medium-term task for overseas operations, targeting sales of 542.0 and operating profit of 30.0 by March 2030 on the company's disclosed ¥100 million scale. The catch: next year's operating profit guide slips as wages, logistics and growth investment rise, and Middle East-related effects are not yet quantified.