KOSAIDO Holdings Co., Ltd. (TSE:7868) has revised its earnings forecast for the fiscal period ending March 31, 2026, citing short-term external factors impacting its business segments.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 39.8bn | JPY 36.2bn | -8.9% |
| Operating Profit | JPY 8.35bn | JPY 6.74bn | -19.3% |
| Ordinary Income | JPY 8.05bn | JPY 6.57bn | -18.4% |
| Net Profit | JPY 5.38bn | JPY 4.74bn | -11.9% |
| EPS | JPY 38.09/share | JPY 34.27/share | -10.0% |
The company cited a decline in funeral segment revenue due to lower-than-expected cremation numbers in Tokyo, which management attributed to a temporary reduction in deaths compared to the prior year. While Tokyo’s population decline is expected to continue until 2065, management noted this was a short-term fluctuation. Additionally, the asset consulting segment faced delays in securing inheritance-related real estate cases and missed revenue contributions from key projects.
The revision reflects temporary challenges rather than a shift in long-term growth prospects. KOSAIDO emphasized its focus on expanding revenue bases and refining its profit models across segments. Investors are advised to monitor developments in these areas for future performance clarity.