Y’s Table Corporation Revises Earnings Forecast — Net Profit Surges 49%

Y’s Table Corporation (TSE:2798) has revised its earnings guidance for the fiscal year ending February 2027, boosting full-year net profit by 49.3% while trimming operating and ordinary income due to softer business conditions and store portfolio adjustments.

ItemBeforeAfterChange
RevenueJPY 7.33bnJPY 7.36bn+0.4%
Operating ProfitJPY 175MJPY 163M-6.9%
Ordinary IncomeJPY 174MJPY 159M-8.6%
親会社株主に帰属する中間純利益JPY 178MJPY 395M+121.9%
１株当たり中間純利益JPY 54MJPY 120M+121.2%

The company attributed the downward revisions in operating profit and ordinary income (keijo rieki, a Japan-specific metric encompassing operating profit plus non-operating items) to recent business performance and slower-than-expected progress on new store openings and direct-operated store disposals. However, the acquisition of Yama no Ue Hotel on March 31, 2026—consolidated from May 31, 2026—generated a one-time negative goodwill gain of JPY 226M in the first quarter, recorded as extraordinary income. This windfall drove the substantial upward revision to net profit, with earnings per share rising to JPY 191.30 from JPY 128.03.

For the interim period (second quarter), net profit more than doubled to JPY 395M from JPY 178M, while operating profit declined 6.9% to JPY 163M. Full-year revenue guidance remained unchanged at JPY 15.45bn. Investors should note that the profit improvement is heavily dependent on the one-time acquisition gain; underlying operating performance has weakened, signaling potential headwinds in the core restaurant and hospitality business.

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.