Starts Corporation (8850) Q1 2026 earnings summary

Executive summary

• Net sales for the quarter ended June 30, 2025, rose 9.9% year-over-year to ¥59,415 million.

• Operating profit increased 15.3% year-over-year to ¥8,345 million.

• Profit attributable to owners of parent declined 35.2% year-over-year to ¥5,126 million.

• Comprehensive income dropped 37.8% year-over-year to ¥4,755 million.

Financial highlights

• Gross profit increased to ¥19,865 million from ¥18,162 million year-over-year.

• Ordinary profit decreased 2.9% year-over-year to ¥8,192 million.

• Basic earnings per share fell to ¥106.42 from ¥159.34 year-over-year.

• Total assets stood at ¥333,120 million as of June 30, 2025.

• Equity-to-asset ratio improved to 52.9% from 52.4% at the previous fiscal year-end.

Outlook and guidance

• Full-year net sales forecast at ¥250,000 million, up 7.3% year-over-year.

• Full-year operating profit projected at ¥35,000 million, up 7.3% year-over-year.

• Profit attributable to owners of parent expected to decrease 3.2% to ¥23,500 million.

• Full-year basic earnings per share forecast at ¥487.83.

• Annual dividend forecast raised to ¥130 per share.