Yamato International Inc. Revises Earnings Forecast — Revenue Declines

Yamato International Inc. (TSE:8127) revised its earnings forecast for the fiscal second quarter and interim period, citing weaker-than-expected performance due to summer product misalignment impacting autumn sales.

Q2 Cumulative (Consolidated)

Item Before After Change
Revenue JPY 10,700M JPY 10,400M △300M (△2.8%)
Operating Profit JPY 85M △JPY 50M △135M (－)
Ordinary Income JPY 130M JPY 30M △100M (△76.9%)
Net Profit (Interim) JPY 90M JPY 75M △15M (△16.7%)
EPS (Interim) JPY 4.40 JPY 3.67 △0.73 (△16.6%)

Full-Year (Consolidated) — Unchanged

Item Before After Change
Revenue JPY 20,500M JPY 20,500M 0
Operating Profit JPY 180M JPY 180M 0
Ordinary Income JPY 270M JPY 270M 0
Net Profit JPY 200M JPY 200M 0
EPS JPY 9.77 JPY 9.77 0

Q2 Cumulative (Non-Consolidated)

Item Before After Change
Revenue JPY 10,700M JPY 10,400M △300M (△2.8%)
Ordinary Income JPY 115M JPY 12M △103M (△89.6%)
Net Profit (Interim) JPY 80M JPY 70M △10M (△12.5%)
EPS (Interim) JPY 3.91 JPY 3.42 △0.49 (△12.5%)

Full-Year (Non-Consolidated) — Unchanged

Item Before After Change
Revenue JPY 20,500M JPY 20,500M 0
Ordinary Income JPY 240M JPY 240M 0
Net Profit JPY 180M JPY 180M 0
EPS JPY 8.79 JPY 8.79 0

The company attributed the downward revision to overstocking of summer products, which negatively impacted autumn sales and led to underperformance in October. While recovery efforts were made in November, the results still fell short of the initial forecast.

The revision highlights challenges in seasonal product management, which could affect short-term profitability. However, the full-year outlook remains unchanged, reflecting confidence in long-term strategies such as the "Yamato 2026" vision and potential recovery in spring product sales.

Source: Original filing (TDnet) | 日本語版

This article is for informational purposes only and does not constitute investment advice. Always verify against the original filing.