Yamada Consulting Co., Ltd. (TSE:4792) has revised its earnings forecast for the period ending March 31, 2026, projecting revenue to reach JPY 26.6bn from JPY 26.0bn.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 26.0bn | JPY 26.6bn | +2.3% |
| Operating Profit | JPY 3.80bn | JPY 3.74bn | -1.6% |
| Ordinary Income | JPY 3.70bn | JPY 3.65bn | -1.4% |
| Net Profit | JPY 2.75bn | JPY 2.80bn | +1.8% |
| EPS | JPY 143.74/share | JPY 146.36/share | +JPY 2.62/share |
The revision is attributed to increased revenue stemming from strong case acceptance in the consulting business and successful sales of investment securities and real estate. However, higher labor costs led to increased selling, general, and administrative expenses, resulting in lower operating and ordinary income. The company also noted that the acquisition of a real estate investment firm as a subsidiary will result in the recognition of negative goodwill, which contributed to the higher net profit.
The updated forecast presents a mixed outlook, with revenue growth being offset by cost pressures. Investors should monitor future performance as the company navigates these dynamics.