Crops Corporation (9428) Q1 2027 earnings summary

Executive summary

• Revenue rose 13.9% year-over-year to ¥17,905 million, driven by growth in mobile communications and store subleasing.

• Operating income increased 21.5% to ¥1,012 million, and net income attributable to shareholders surged 75.7% to ¥526 million.

• All major business segments except real estate sales posted higher sales and profits.

Financial highlights

• Revenue: ¥17,905 million (+13.9% YoY); Operating income: ¥1,012 million (+21.5% YoY); Ordinary income: ¥1,087 million (+30.1% YoY); Net income: ¥526 million (+75.7% YoY).

• EPS: ¥55.64, up from ¥31.66 a year earlier.

• Comprehensive income: ¥544 million (+75.6% YoY).

Outlook and guidance

• Full-year revenue forecast: ¥78,006 million (+15.6% YoY); Operating income: ¥3,820 million (+6.1% YoY); Net income: ¥1,855 million (+100.3% YoY); EPS: ¥196.27.

• No change to previously announced guidance.