TRE Holdings Raises H1 Earnings Forecast on Strong Waste Volumes

TRE Holdings Corporation (TSE:9247) has revised upward its earnings guidance for the fiscal year ending March 2027, citing robust resource prices and increased waste handling volumes in its recycling operations.

ItemBeforeAfterChange
RevenueJPY 51.7bnJPY 53.5bn+3.5%
Operating ProfitJPY 2.30bnJPY 3.60bn+56.5%
Ordinary IncomeJPY 2.00bnJPY 3.30bn+65.0%
親会社株主に帰属する中間純利益JPY 1.20bnJPY 2.00bn+66.7%
1株当たり中間純利益JPY 25.52/shareJPY 42.53/share+JPY 17.01/share

For the interim period (April–September 2026), the company raised revenue guidance by JPY 1.8bn to JPY 53.5bn and operating profit by JPY 1.3bn to JPY 3.6bn. The upward revision reflects higher-than-expected waste and end-of-life appliance volumes amid elevated commodity prices, improved profitability from stricter non-ferrous metal sorting, and smoother-than-anticipated progress on disaster waste processing from the Noto earthquake. Energy cost inflation from Middle East tensions also proved less severe than initially assumed.

For the full fiscal year, TRE Holdings raised operating profit guidance by JPY 1.3bn to JPY 8.7bn and net profit by JPY 900M to JPY 5.0bn, representing a 22% increase in earnings per share to JPY 106.33/share. The company held its second-half outlook unchanged, meaning the interim upside will flow through to full-year results. This suggests management confidence in sustaining operational momentum while maintaining conservative guidance for the latter half of the fiscal year.


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.