Yokorei (2874) Q1 2026 earnings summary

Executive summary

• Net sales for the three months ended December 31, 2025, were ¥33,332 million, down 1.3% year-over-year, while operating income rose 21.1% to ¥2,193 million and ordinary income surged 145.4% to ¥2,086 million.

• Profit attributable to owners of parent increased dramatically by 799.7% year-over-year to ¥1,209 million.

• Comprehensive income reached ¥2,691 million, up 295.9% year-over-year.

Financial highlights

• Gross profit increased to ¥4,684 million from ¥4,195 million year-over-year.

• Basic earnings per share rose to ¥20.51 from ¥2.28 year-over-year.

• Total assets as of December 31, 2025, were ¥215,748 million, up ¥6,713 million from September 30, 2025.

• Net assets increased to ¥84,399 million, with a capital adequacy ratio of 38.3%.

• Cash and cash equivalents at period end were ¥3,495 million, up ¥227 million from the previous fiscal year-end.

Outlook and guidance

• Full-year net sales forecast for fiscal year ending September 30, 2026, is ¥118,000 million, up 6.0% year-over-year.

• Operating profit is projected at ¥4,800 million (up 13.3%), ordinary profit at ¥4,600 million (up 25.7%), and profit attributable to owners of parent at ¥3,000 million (up 51.6%).

• No changes to previously announced earnings forecasts.