Results, forecasts and guidance revisions from Japan's listed companies, in English.
Premium and other income rose to ¥6,944,066,000,000 in the year to March 2026, but investment income made the bigger jump, reaching ¥3,735,313,000,000. Ordinary income was nearly flat at ¥753,688,000,000, while total assets ended the year at ¥74,159,096,000,000.
Revenue for the half year fell 12.0% to ¥12,542 million, but the group posted ¥1,363 million of operating profit, largely from crowdfunding rather than property sales. It still recorded a ¥1,056 million net loss and an equity ratio of 1.9%, while the auditor declined to express a conclusion on the half-year statements as the company investigates Yamawake Estate transactions with buyback arrangements.
First-quarter revenue rose 24.1% to ¥6,134 million and ordinary profit 89.1% to ¥480 million, helped by inbound demand and new stores, but management left full-year guidance and the ¥7 year-end dividend outlook unchanged. Japan same-store sales were only 100.4%, so the quarter was strong without being a clean same-store breakout.
First-quarter sales reached ¥4.299 billion and operating profit ¥1.234 billion, then management paired the print with Kobe and Bangkok openings and a non-binding move toward buying the company behind UNDERCOVER. This is a map expansion story as much as a margin story.
A feared UK restructuring hit came in at ¥8.724 billion instead of the ¥25.0 billion assumed in March, while a ¥31.087 billion deferred-tax benefit was pulled into the first half instead of the final quarter. That sent full-year net profit guidance to ¥44.0 billion from ¥26.0 billion even as sales and operating profit guidance only edged up to ¥411.0 billion and ¥42.5 billion, and the company will stop monthly overseas parking commentary after the restructuring.
Revenue rose 25.1% to ¥11.8 billion and operating profit 72.7% to ¥1.98 billion in the year ended April. It also proposed a ¥76 first post-listing dividend, though next year's profit guide cools.
After sales of ¥10,828 million and operating profit of ¥1,088 million beat the company's prior forecast, the board authorized repurchases of up to 50,000 shares, or 3.84% of shares outstanding excluding treasury stock, with a ¥400 million cap. Next year's guide drops back to ¥720 million of operating profit, which makes the buyback read more like balance-sheet confidence than exuberance.
The three months to April 30 produced no revenue and an ¥836 million net loss, yet AKUGO was added to Japan's reimbursement list in May at ¥72 million and commercial sales began. SanBio also said it agreed Phase 3 trial design with the FDA for traumatic brain injury, though the company did not disclose early sales volume or hospital uptake.
The company raised revenue guidance to ¥6,950 million from ¥6,620 million and business profit to ¥820 million from ¥560 million on stronger electronics orders and smooth production. But the larger jump in profit attributable to owners, to ¥1,835 million from ¥730 million, also reflects April-end valuation gains on a Singapore-listed holding that will be remeasured each quarter.
Revenue for the half year ended April rose 15.3% to ¥22.35 billion and total DPU reached ¥3,407, but guidance falls to ¥1,908 next period because the latest payout included much larger excess distributions and reserve add-backs. Management's recurring EPU still edges higher and the REIT is adding Prime Maison Kinshicho for ¥4.27 billion, so the awkward-looking headline says more about mix than occupancy panic.
First-quarter sales rose 6.6% to ¥1,010 million, but operating loss widened to ¥434 million as the group pushed deeper into defense, UTM and overseas build-out. It kept full-year guidance unchanged, formed an Estonia defense hub and set out a staged warrant financing plan with estimated net proceeds of about ¥14.5 billion.
The hotel REIT reported a distribution of ¥6,832 per unit for the period ended April 30, ¥332 above its earlier forecast, as variable rent from roadside assets and the five the b hotels ran ahead of assumptions. Guidance slips to ¥6,700 for the next period before recovering to ¥6,850, with higher rates, repairs and a cooler Osaka market after Expo strength offsetting new lease terms at three Comfort hotels.
Full-year revenue guidance rose by just ¥8 million to ¥3,501 million, while operating profit was lifted to ¥822 million and ordinary profit to ¥927 million as tripla Book volume and take rate stayed on plan, costs came down and cash from advance payments earned more interest. Management says the rest-of-year assumptions on interest income and foreign exchange remain conservative.
First-half revenue rose 17.5% to ¥2,989 million and operating profit more than doubled to ¥52 million, helped by steady IT-services demand and NEX's first-half IoT contribution. The Zenko acquisition has so far changed the balance sheet faster than earnings, though: goodwill stood at ¥2,289 million after a ¥207 million impairment, while Zenko's profit and loss only starts flowing through from the third quarter and full-year guidance stayed unchanged.
Revenue in the year to April rose 20.6% to ¥13.3 billion, but operating profit climbed 35.2% to ¥3.2 billion as monthly fees grew 31.7% and advertising and hiring costs were managed more tightly. Cash and equivalents ended April at ¥8.1 billion, the annual dividend rose to ¥24 a share, and the company plans ¥29 for the coming year.
First-half sales fell 24.8% to ¥1,152 million and the operating loss widened to ¥539 million, even after ¥39 million of subsidy income helped below the operating line. The company now expects a full-year operating loss of ¥350 million and a net loss of ¥520 million, after also booking ¥183 million of reform-related special losses.
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.
Nine-month net profit rose 14.6% to ¥834 million even as sales fell 5.4%, and full-year guidance was left unchanged. The board also approved a buyback of up to 106,700 shares worth ¥300.1 million via ToSTNeT-3.
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.
First-half sales rose to ¥193.132 billion from ¥181.313 billion a year earlier, but ordinary income slipped to ¥6.197 billion and operating cash flow swung to a ¥3.428 billion outflow from a ¥1.367 billion inflow. A separate disclosure also points to about ¥6 billion of extraordinary loss in the third quarter tied to a Guam land purchase and lease cancellation.
The company lowered full-year sales guidance to ¥15,700 million from ¥16,300 million and cut operating profit to ¥210 million from ¥355 million after saying demand for New Year's greeting-card printing is shrinking faster than expected. Promotional work held up, but earlier security investment and heavier spending on people pushed costs above plan.
Revenue for the six months to April rose 53.2% to ¥29,390 million and operating profit climbed 61.0% to ¥2,573 million, helped by fund formation and Livenup Group. Even so, management left its full-year targets unchanged and kept the annual dividend forecast at ¥46.00 a share.
The fitness operator lifted full-year revenue and profit guidance after saying member growth at existing clubs and new in-club services ran ahead of plan, while operating costs came in lighter. It also raised its year-end dividend forecast to ¥25 from ¥20, taking the annual dividend view to ¥51.
The company raised revenue guidance for the year ending July 2026 to ¥2,900 million from ¥2,800 million, but lifted operating and ordinary profit much more sharply, to ¥500 million from ¥345 million, on larger generative-AI projects, better utilisation and lower selling costs. Net profit also gets a one-off lift from an expected ¥79 million gain on the planned sale of Star Music Entertainment to SBI Holdings, subject to shareholder approval.