Yamada Holdings Co., Ltd. (TSE:9831) has revised its earnings forecast for the fiscal year ending March 2026, citing strategic inventory disposals and cost-cutting measures.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 1697.5bn | JPY 1691.0bn | -0.4% |
| Operating Profit | JPY 48.9bn | JPY 16.1bn | -67.1% |
| Ordinary Income | JPY 51.5bn | JPY 20.0bn | -61.2% |
| Net Profit | JPY 27.3bn | JPY 14.0bn | -48.7% |
| EPS | JPY 39.41/share | JPY 20.80/share | -47.2% |
The company attributed the downward revision to an unplanned strategic inventory disposal in the fourth quarter, increased upfront costs from customer base expansion initiatives starting in the third quarter, and the impact of closing some large stores. These actions are described as temporary measures aimed at long-term value creation and profitability recovery.
The revision reflects a short-term adjustment to the company’s financial outlook, with management emphasizing that the measures are intended to strengthen the financial foundation and support future growth. Investors are advised to monitor subsequent performance as the company aims to align its results with its medium-term management plan.