Kintetsu Group Holdings Co.,Ltd. Revises Earnings Forecast — H1 Profit Up 70%
Kintetsu Group Holdings Co.,Ltd. (TSE:9041) raised its earnings guidance for the fiscal year ending February 2027, citing stronger-than-expected performance in duty-free sales and its interior design subsidiary.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 56.0bn | JPY 57.0bn | +1.8% |
| Operating Profit | JPY 1.80bn | JPY 2.70bn | +50.0% |
| Ordinary Income | JPY 1.70bn | JPY 2.70bn | +58.8% |
| 親会社株主に帰属する中間純利益 | JPY 1.00bn | JPY 1.70bn | +70.0% |
| １株当たり中間純利益 | JPY 25M | JPY 42M | +70.0% |
The company attributed the upward revision to robust duty-free sales driven by yen weakness in the first quarter, strong performance at Abeno Harukas Kintetsu Department Store’s prepared food section following renovations and promotional events, and better-than-anticipated contract wins at subsidiary Kinsou, its interior construction business. Management expects second-half cost pressures from elevated commodity prices linked to Middle East geopolitical tensions, which have been incorporated into full-year guidance.
For the full fiscal year, Kintetsu raised revenue guidance to JPY 116.0bn from JPY 115.0bn, operating profit to JPY 5.60bn from JPY 5.40bn, and net profit to JPY 3.90bn from JPY 3.70bn. The interim period revisions are particularly pronounced, with operating profit jumping 50% and net profit rising 70%, reflecting the outsized contribution of duty-free demand and the interior design business. Earnings per share for the interim period was raised to JPY 42.10/share from JPY 24.77/share. The guidance adjustments suggest momentum in consumer spending and commercial construction activity, though management’s cautious stance on second-half costs reflects macroeconomic uncertainty.
Source: Original filing (TDnet) | 日本語版
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