Japan Stock IR Daily – July 28, 2026 (40 reports)

• Unitika announced the finalization of the financial results for its non-listed parent company, Regional Economy Revitalization Corporation of Japan (REVIC), for the fiscal year ended March 2026.
• REVIC holds 66.7% of Unitika’s voting rights.
• Four directors and three employees have been dispatched from REVIC to Unitika.
• On November 28, 2024, Unitika entered into an investment agreement with REVIC for the issuance of Class C preferred shares totaling JPY 20,000,776,536 through a third-party allocation.
• As of March 31, 2026, Unitika has borrowings from REVIC amounting to JPY 12,678,020,685.

This announcement provides details on the financial results of Unitika’s non-listed parent company, REVIC, which is a significant shareholder and creditor. This information is crucial for understanding Unitika’s corporate governance structure and financing arrangements. The disclosed capital, human, and transactional relationships between Unitika and REVIC could indicate a deep strategic alignment, which investors may find relevant for assessing Unitika’s operational stability and financial health.

• RYODEN Corporation announced on July 28, 2026, an upward revision to its consolidated earnings forecast for the second quarter (interim) and full fiscal year ending March 2027.
• For the cumulative second quarter of FY2027 (interim), the consolidated earnings forecast for net sales has been revised from ¥115,500 million to ¥121,700 million, operating profit from ¥2,700 million to ¥3,700 million, and profit attributable to owners of parent from ¥2,300 million to ¥2,600 million.
• For the full fiscal year ending March 2027, the consolidated earnings forecast for net sales has been revised from ¥237,000 million to ¥252,000 million, operating profit from ¥6,000 million to ¥7,500 million, and profit attributable to owners of parent from ¥4,700 million to ¥6,000 million.
• Key reasons for the revisions include a faster-than-expected market recovery in FA Systems, increased sales unit prices for memory due to surging global demand for data centers in Electronics, and expanding sales of energy-saving solutions in HVAC & Building Systems due to high demand.
• The annual dividend forecast has also been revised, with the interim dividend increasing from ¥75.00 to ¥85.00 and the year-end dividend from ¥75.00 to ¥85.00, resulting in a total annual dividend of ¥170.00 (previously ¥150.00, compared to ¥138.00 in the prior fiscal year).

The upward revision suggests that RYODEN’s key business segments are experiencing improved market conditions and that its strategic product offerings are yielding positive results. The strong performance in the Electronics segment, driven by global demand for data centers, indicates the company’s alignment with current technological trends. Furthermore, the commitment to progressive dividends and a defined DOE target underscores a clear stance on stable and enhanced shareholder returns.

• Hulic reported consolidated net sales of ¥416,596 million for the second quarter (interim) of the fiscal year ending December 2026, marking a 38.8% increase compared to the previous interim period.
• Net profit attributable to owners of the parent company rose by 11.3% to ¥49,978 million.
• Interim earnings per share stood at ¥65.82.
• The forecast for the annual dividend for the fiscal year ending December 2026 remains unchanged at ¥67.00 per share (interim ¥33.50, year-end ¥33.50).
• The full-year consolidated earnings forecast remains unrevised, projecting operating profit of ¥210,000 million (up 12.4%), ordinary profit of ¥185,000 million (up 6.9%), and net profit attributable to owners of the parent company of ¥121,000 million (up 5.8%). The revenue forecast has not been provided.

Hulic’s interim results show substantial year-over-year growth in both revenue and net profit, primarily driven by stable rental income from its real estate business and strong sales of properties for sale. The acquisition of new properties and progress in development/reconstruction projects could contribute to strengthening future revenue streams. While the full-year earnings forecast is maintained, the absence of a revenue forecast may suggest the company is accounting for potential fluctuations due to market conditions and property sales.

• Matsui Securities announced its unaudited financial results for the first quarter of the fiscal year ending March 2027 (April 1, 2026 – June 30, 2026).
• Operating revenue reached 17,299 million yen (up 51.6% year-on-year), and net operating revenue was 15,885 million yen (up 48.3% year-on-year).
• Operating profit increased to 8,763 million yen (up 87.7% year-on-year), ordinary profit to 8,856 million yen (up 95.2% year-on-year), and net income for the quarter to 5,609 million yen (up 95.3% year-on-year).
• Net income per share for the quarter was 21.77 yen, compared to 11.16 yen in the prior corresponding period.
• Commissions received totaled 8,765 million yen (up 67.1% year-on-year), with brokerage commissions accounting for 8,440 million yen (up 68.9% year-on-year).
• Selling, general and administrative expenses were 7,123 million yen (up 17.8% year-on-year), primarily due to increased transaction-related expenses.

Matsui Securities’ Q1 FY2027 results showed significant growth across all key financial metrics, likely driven by a robust domestic stock market and increased trading activity among individual investors. The record-high equity trading volume appears to be a major contributor to the surge in brokerage commission revenue. Investors might focus on the sustainability of these market conditions and the company’s strategies to maintain growth.

• ELTES Co., Ltd. resolved to expand and revise its shareholder benefit program at a board meeting held on July 28, 2026.
• For the record date of August 31, 2026, a new benefit of a 1,000-yen digital gift will be introduced for shareholders holding 400 shares or more but less than 800 shares (no holding period condition).
• From the record date of February 28, 2027, the minimum shareholding requirement for benefits will be lowered to “400 shares or more but less than 800 shares,” with a 5,000-yen digital gift being granted.
• From the record date of February 28, 2027, a “continuous holding period of six months or more” will become a condition for all benefit categories. Consequently, benefits for shareholders holding for less than six months (5,000 yen) will be abolished.
• The company has stated that the impact of this change to the shareholder benefit program on the fiscal year ending February 2027 is minor.

This revision to the shareholder benefit program appears designed to attract a broader base of individual investors and encourage long-term share ownership. The reduction in the minimum shareholding requirement could make the stock more accessible to a wider range of investors. Meanwhile, the introduction of a continuous holding period condition may aim to stabilize share price volatility by deterring short-term trading, aligning with the company’s stated policy of strengthening shareholder returns.

• JPX reported consolidated operating revenue of ¥65.515 billion for the first quarter of the fiscal year ending March 2027 (April 1 to June 30, 2026), marking a 50.8% increase year-over-year.
• Operating profit reached ¥43.716 billion (up 73.3% YoY), and profit attributable to owners of the parent was ¥29.567 billion (up 73.6% YoY).
• Trading-related revenue rose by 60.4% YoY to ¥27.837 billion, primarily driven by an 86.7% increase in cash equities trading fees.
• Clearing-related revenue increased by 88.9% YoY to ¥20.150 billion, listing-related revenue by 20.2% to ¥4.519 billion, and information-related revenue by 15.4% to ¥9.311 billion.
• The consolidated full-year earnings forecast and annual dividend forecast for the fiscal year ending March 2027 have been revised. The revised forecast projects operating revenue of ¥241,500 million and profit attributable to owners of the parent of ¥98,500 million. The annual dividend forecast is ¥77.00 (¥39.00 at fiscal year-end).

The significant increase in revenue and profit in the first quarter suggests robust market activity and increased trading volumes, which appear to have positively impacted JPX’s revenue streams, particularly in trading-related and clearing-related segments. The upward revision of the full-year earnings and dividend forecasts could indicate management’s confidence in the company’s future performance. These results might reflect a buoyant market environment that benefits exchange operators.

• Bellpark Co., Ltd. has revised upward its consolidated earnings forecasts for the second quarter and full year of the fiscal year ending December 2026.
• Net income attributable to parent company for Q2 FY2026 is projected to increase by 94.4%, from ¥1,800 million to ¥3,500 million, compared to the previous forecast.
• Full-year net income attributable to parent company for FY2026 is projected to increase by 40.9%, from ¥3,300 million to ¥4,650 million, compared to the previous forecast.
• The year-end dividend forecast has also been revised, increasing by ¥42 from the previously announced ¥51 per share to ¥93 per share, resulting in an annual dividend of ¥144.
• The Q2 upward revision is attributed to sales and operating profit in the carrier shop business and corporate solutions business exceeding initial forecasts.
• For the full year, the company anticipates that the strong first-half performance will result in exceeding initial forecasts for sales and profits, even after accounting for increased sales promotion expenses, personnel costs, and system-related investments in the second half.

Bellpark’s upward revision of its earnings forecast is primarily driven by strong performance in the first half, notably from its carrier shop and corporate solutions businesses. The planned investments in the second half for future recurring revenue expansion may suggest a strategic focus on long-term growth. The increased full-year profits and dividend align with the company’s shareholder return policy of maintaining a consolidated dividend payout ratio of 30% or more.

• Yurtec announced its consolidated financial results for the first quarter of the fiscal year ending March 2027 (April 1, 2026 – June 30, 2026).
• Consolidated net sales reached ¥57,273 million, an increase of 2.3% compared to the same period of the previous fiscal year.
• Consolidated operating profit was ¥3,151 million, marking a 48.1% increase year-on-year.
• Consolidated ordinary profit totaled ¥3,814 million, representing a significant increase of 111.9% from the prior year’s first quarter.
• Net income attributable to owners of parent grew substantially by 152.4% to ¥2,108 million.
• The full-year consolidated performance forecast remains unchanged from the forecast announced on April 28, 2026.

Yurtec’s Q1 FY2027 results show a notable increase in profitability across operating, ordinary, and net income, alongside a moderate rise in sales. This robust profit growth may suggest effective cost management and improved project profitability, as well as the impact of foreign exchange gains. The core Construction and Engineering segment demonstrated strong performance, contributing to both increased sales and profits, which could indicate a solid start to the fiscal year for the company’s primary business.

• For Q1 FY2027, consolidated net sales were ¥11,134 million, a 48.6% increase compared to the same period last year.
• Consolidated operating profit for the quarter was ¥1,230 million (vs. a loss of ¥457 million in the prior year), ordinary profit was ¥1,258 million (vs. a loss of ¥438 million), and net profit attributable to owners of parent was ¥855 million (vs. a loss of ¥324 million).
• Revenue from GPU Infrastructure services significantly increased to ¥4,718 million, representing a 245.9% year-over-year growth.
• The consolidated full-year forecast for FY2027 was revised upwards, with projected net sales of ¥45,500 million, operating profit of ¥2,500 million, ordinary profit of ¥2,300 million, and net profit attributable to owners of parent of ¥1,500 million.
• The full-year dividend forecast remains unchanged at ¥5.50 per share.

Sakura Internet’s Q1 FY2027 results demonstrate a significant year-over-year increase in net sales and a return to profitability across key earnings metrics. The substantial growth in GPU Infrastructure services revenue, which more than tripled, appears to be a primary driver of this strong performance. This positive momentum is further supported by the upward revision of the full-year earnings forecast, which may indicate management’s confidence in continued growth.

• SMK Corporation announced its consolidated financial results for the first quarter of the fiscal year ending March 2027 (April 1, 2026 – June 30, 2026).
• Consolidated net sales for the quarter were ¥11.472 billion, a 4.0% increase compared to the same period of the previous year.
• Operating income amounted to ¥6 million, turning profitable from an operating loss of ¥280 million in the prior year’s first quarter.
• Net income attributable to owners of the parent was ¥154 million, a turnaround from a loss of ¥651 million in the same period last year.
• The full-year consolidated earnings forecast remains unchanged, projecting net sales of ¥49.0 billion (+1.7% YoY) and operating income of ¥800 million (+86.0% YoY).

SMK’s Q1 FY2027 results show a notable improvement, with net sales increasing and both operating income and net income turning profitable from losses in the prior year. This performance suggests that the company’s “SMK Next100” medium-term management plan and “Structural Reform Program” may be contributing to an improved profit structure. The focus on withdrawing from unprofitable businesses, concentrating resources, and cost structure reforms could be key factors behind this profit recovery.

• Kosei Securities reported operating revenue of ¥412 million for the first quarter of the fiscal year ending March 2027 (April 1, 2026, to June 30, 2026), marking a 141.4% increase year-on-year.
• Net operating revenue reached ¥400 million, a 146.6% increase compared to the prior year’s same quarter.
• The company posted an operating profit of ¥127 million, ordinary profit of ¥242 million, and quarterly net profit of ¥210 million. This contrasts with losses of ¥79 million, ¥17 million, and ¥18 million respectively in the same period last year.
• Basic earnings per share for the quarter were ¥22.32, an improvement from a loss per share of ¥1.95 in the previous year’s first quarter.
• As of the end of the quarter, total assets stood at ¥24,369 million (up ¥2,032 million from the previous fiscal year-end), and net assets were ¥16,643 million (up ¥379 million). The equity ratio was 68.3%.

Kosei Securities’ Q1 FY2027 results demonstrate a significant turnaround, moving from a loss to substantial profitability across key metrics. This strong performance appears to be primarily driven by a robust domestic stock market environment, which likely boosted both the consulting division’s commission income (up 208.8% year-on-year) and the proprietary trading division’s profits (¥261 million, up 421.7%). The company’s ability to capitalize on these favorable market conditions suggests an effective alignment of its business strategy with prevailing market trends, which investors may find noteworthy.

Disclaimer: This article is for informational purposes only and does not constitute investment advice.

• Amano Corporation announced its consolidated financial results for the first quarter of the fiscal year ending March 2027 (April 1, 2026 to June 30, 2026).
• For the quarter, consolidated net sales were ¥39,018 million, representing a 0.1% decrease compared to the same period of the previous year.
• Operating profit stood at ¥2,241 million, a decrease of 18.2% year-on-year. Ordinary profit was ¥2,660 million, a 12.2% decrease year-on-year.
• Net income attributable to owners of parent was ¥819 million, a significant decrease of 39.4% compared to the prior year’s first quarter.
• The consolidated full-year earnings forecast and dividend forecast for the fiscal year ending March 2027 remain unchanged from the most recently announced figures.

The reported results indicate a near-flat revenue performance but show double-digit declines in profitability compared to the prior year’s first quarter. This could suggest challenges in the current business environment, even as the company pursues a strategic business transformation. While the full-year forecasts remain unrevised, suggesting management’s confidence in future performance, investors may wish to monitor the progress in the upcoming quarters for signs of recovery.

• PLANT (7646) announced its non-consolidated financial results for the third quarter of the fiscal year ending September 2026 (September 21, 2025, to June 20, 2026).
• Cumulative net sales for the period totaled ¥71,325 million, a 1.4% decrease compared to the same period in the previous year.
• Operating income was ¥1,227 million, down 21.2% year-over-year, and ordinary income was ¥1,300 million, a 21.5% decrease.
• Quarterly net income reached ¥867 million, representing a 26.0% decline from the prior year’s period.
• The full-year forecast for FY2026 (Net Sales: ¥95,500 million, Operating Income: ¥1,500 million, Ordinary Income: ¥1,600 million, Net Income: ¥1,100 million) and the annual dividend forecast (¥95.00) remain unchanged.

The third-quarter results show a year-over-year decline across key profit metrics, despite efforts to control selling, general, and administrative expenses. While sales decreased, the larger percentage drop in profits suggests potential pressures on profit margins. With the full-year forecast maintained, investors may monitor the company’s performance in the final quarter to assess the likelihood of achieving its annual targets.

• Hokkaidenko Co., Ltd. announced its consolidated financial results for the first quarter of the fiscal year ending March 2027 (April 1, 2026 to June 30, 2026).
• Net sales for the first quarter totaled JPY 16,658 million, representing a 25.9% increase compared to the same period of the previous fiscal year.
• Operating profit reached JPY 1,018 million, marking a significant increase of 336.2% year-over-year.
• Ordinary profit was JPY 1,083 million (up 280.7% YoY) and profit attributable to owners of parent was JPY 741 million (up 417.5% YoY).
• The full-year consolidated earnings forecast for the fiscal year ending March 2027 remains unchanged from the announcement on April 28, 2026.

Hokkaidenko’s Q1 FY2027 results show substantial year-over-year growth in both revenue and various profit metrics, particularly the operating profit. This strong performance in the initial quarter may suggest the positive impact of increased power-related construction projects and ongoing cost reduction efforts. However, the company’s decision to maintain its full-year earnings forecast suggests a cautious outlook on the remaining quarters, which could be a point of interest for investors to monitor.

• For the second quarter of the fiscal year ending December 2026, consolidated net sales were ¥59,410 million, an increase of 4.8% compared to the same period in the previous year.
• Consolidated operating profit amounted to ¥297 million, a decrease of 75.3% year-on-year, and consolidated ordinary profit was ¥458 million, down 73.1% year-on-year.
• A net loss attributable to owners of the parent of ¥74 million was recorded, compared to a profit of ¥836 million in the same period last year.
• Interim net loss per share was ¥-2.89.
• The full-year consolidated earnings forecast remains unchanged from the most recently announced figures: sales of ¥125,000 million, operating profit of ¥3,200 million, ordinary profit of ¥3,650 million, and net profit attributable to owners of the parent of ¥2,100 million (¥81.47 per share).
• Sales in the Western Confectionery business decreased to ¥14,667 million (95.1% year-on-year), but profitability improved.
• Sales in the Confectionery business increased to ¥42,941 million (108.9% year-on-year).

While sales increased, the significant decline in operating profit, ordinary profit, and the recorded net loss could be a key focus for investors. The company attributes this to rising raw material costs and increased depreciation expenses from new capital investments, which may suggest that cost management will be crucial for future performance. Conversely, the Western Confectionery segment saw an increase in profit despite a sales decrease, indicating a mixed performance across business segments that warrants further observation.

• Nichiryo Baking Co., Ltd. announced its non-consolidated financial results for the first quarter of the fiscal year ending March 2027 (April 1, 2026 – June 30, 2026).
• Net sales amounted to 4,475 million yen, representing a 0.6% decrease compared to the same period of the previous year.
• Operating profit was 22 million yen (up 27.1% year-on-year), ordinary profit was 29 million yen (up 15.8%), and quarterly net profit was 28 million yen (up 141.5%).
• Diluted earnings per share for the quarter were 13.43 yen.
• The full-year forecast for March 2027 remains unchanged from the most recently published forecast, with projected net sales of 19,700 million yen, operating profit of 200 million yen, ordinary profit of 200 million yen, net profit of 120 million yen, and diluted earnings per share of 57.35 yen.

The substantial increase in operating, ordinary, and net profits, despite a slight decline in net sales, is a key point of interest for investors. This may suggest that the company’s efforts to review operations and control expenses have yielded positive results amidst persistent cost pressures from raw materials, labor, and logistics. The unchanged full-year forecast could also indicate management’s confidence in achieving its current targets.

• For Q1 FY2027, existing store sales decreased by 5.0% year-on-year, primarily due to a 5.4% decrease in customer count, while average customer spend increased by 0.5%.
• The “Nitoryu Hybrid Strategy” (combining “Ikkakuya” and “Aburasoba Sohonten” brands) has accelerated its expansion plan from “100 stores by the end of December 2027” to “100 stores within the year” and further to “100 stores in 100 days.”
• The company’s basic policy for M&A acquisitions is to target deals within “5 times EBITDA.”
• Garden is pursuing international expansion with a focus on the “udon” business in Thailand, planning to open its first joint venture store this autumn with partner Singha Group.
• The “Nikusushi” business has been sold to concentrate management resources on the growing noodle business segment.
• Long-term borrowings increased by approximately 3.1 billion JPY, while cash and deposits also increased by approximately 2.6 billion JPY at the end of Q1.

Garden’s Q&A highlights their recognition of challenges in existing store sales and their proactive measures to address them. The significant acceleration of the “Nitoryu Hybrid Strategy” rollout suggests strong initial performance and confidence in this new format, which could be a key growth driver. Investors may find the company’s disciplined M&A approach, aiming to avoid excessive goodwill, and its strategic international expansion efforts noteworthy as they monitor future performance and business diversification.

• G-REALGATE announced its non-consolidated financial results for the third quarter of the fiscal year ending September 2026 (October 1, 2025 – June 30, 2026).
• For the nine-month period, net sales were ¥7,709 million (down 5.5% year-on-year), operating profit was ¥1,160 million (up 18.5%), ordinary profit was ¥870 million (up 3.0%), and quarterly net profit was ¥567 million (down 1.9%).
• Total assets increased by ¥7,415 million from the end of the previous fiscal year to ¥28,680 million, and net assets increased by ¥3,149 million to ¥6,501 million. The increase in net assets was primarily due to new share issuance through public offering and third-party allotment, as well as the recording of quarterly net profit.
• The full-year earnings forecast for the fiscal year ending September 2026 remains unchanged, projecting net sales of ¥10,500 million, operating profit of ¥1,470 million, ordinary profit of ¥1,117 million, and net profit of ¥725 million.
• During the third quarter, the company completed contracts for 8 new acquisition properties and master lease properties, including new property acquisitions through a joint venture with Hulic Co., Ltd.

Despite a decrease in net sales, the double-digit increase in operating and ordinary profits suggests effective cost management and high occupancy rates in existing properties, along with improved portfolio profitability. The accelerated pace of new property acquisitions, exceeding initial plans, could indicate robust future revenue growth. The unchanged full-year forecast implies management’s confidence in achieving targets, likely factoring in contributions from flow-type income in the fourth quarter.

• TESEC’s consolidated financial results for the first quarter of the fiscal year ending March 2027 (April 1, 2026 to June 30, 2026) showed net sales of ¥1.912 billion (up 78.8% year-on-year), operating profit of ¥413 million (compared to an operating loss of ¥11 million in the prior year), ordinary profit of ¥517 million (approximately 26 times the prior year), and profit attributable to owners of parent of ¥476 million (approximately 34 times the prior year).
• Sales by product segment were: Handlers at ¥1.317 billion (up 191.0% year-on-year), Testers at ¥289 million (down 31.9% year-on-year), and Parts/Others at ¥305 million (up 59.5% year-on-year).
• Order intake amounted to ¥2.012 billion (up 116.1% year-on-year), and order backlog stood at ¥2.655 billion (up 3.9% from the end of the previous consolidated fiscal year).
• The full-year consolidated earnings forecast for the fiscal year ending March 2027 has been revised upward: net sales to ¥7.0 billion (up ¥900 million from the previous forecast), operating profit to ¥1.1 billion (up ¥550 million), ordinary profit to ¥1.3 billion (up ¥590 million), and profit attributable to owners of parent to ¥1.040 billion (up ¥490 million).
• The full-year dividend forecast remains unchanged at ¥100 per share (interim dividend of ¥50, year-end dividend of ¥50).

The significant increase in sales and profits for the first quarter suggests a strong recovery, with the handler segment showing particularly robust growth. This performance may be linked to the increased demand for AI and data center applications, driving capital expenditure in the semiconductor industry. The upward revision of the full-year forecast reflects the solid progress in orders and sales, particularly for MAP handlers, alongside improvements in product mix and contributions from highly profitable projects.

• Intrust Co., Ltd. announced its consolidated financial results for the first quarter of the fiscal year ending March 2027 (April 1, 2026 – June 30, 2026).
• Consolidated net sales for Q1 amounted to ¥3,455 million, representing a 19.9% increase year-over-year.
• Consolidated operating profit was ¥772 million (+17.1% YoY), ordinary profit was ¥772 million (+16.6% YoY), and profit attributable to owners of parent was ¥457 million (+18.2% YoY).
• Earnings per share for the quarter stood at ¥20.44.
• There are no revisions to the full-year consolidated earnings forecast or the annual dividend forecast of ¥49.50 for the fiscal year ending March 2027.

Intrust’s Q1 FY2027 results demonstrate a strong start to the fiscal year, with double-digit growth across net sales and all profit metrics compared to the prior year. The growth appears to be driven by an increase in guarantee business sales and the contribution of IT services following the consolidation of Carol System Co., Ltd. in January 2026. Stable bad debt expenses and controlled cost increases likely contributed to the rise in operating profit.

• For the second quarter of the fiscal year ending December 2026, consolidated net sales increased by 4.1% year-on-year to ¥247,059 million.
• Operating profit decreased by 3.1% year-on-year to ¥27,249 million.
• Ordinary profit significantly increased by 151.6% year-on-year to ¥35,324 million.
• Net profit attributable to owners of the parent surged by 605.5% year-on-year to ¥27,950 million.
• The full-year consolidated earnings forecast was revised upward, anticipating net sales of ¥491,000 million (up 5.3% YoY), operating profit of ¥47,000 million (down 9.1% YoY), ordinary profit of ¥56,000 million (up 19.1% YoY), and net profit attributable to owners of the parent of ¥43,000 million (up 26.5% YoY).

While sales increased, the slight decrease in operating profit suggests underlying operational costs or competitive pressures may have impacted profitability at that level. However, the substantial rise in ordinary profit and net profit attributable to owners of the parent indicates that non-operating factors, such as foreign exchange gains, played a significant role in overall earnings growth. The upward revision of the full-year forecast could suggest management’s confidence in continued positive momentum for the remainder of the fiscal year.

• FP Partner published a Q&A summary regarding its Q2 FY2026 financial results.
• Revenue is in a recovery trend, with the partnership with Yamada Denki currently generating 3,000 households per month.
• Case distribution from a key partner company, which had been temporarily suspended, resumed in June.
• The downward revision of the earnings forecast is attributed to upfront investments for future growth (customer acquisition costs for insurance contracts, recruitment and training costs for sales employees), impacting profit by approximately 1 billion JPY.
• The business improvement plan has completed personnel allocation and is implementing monitoring, with a progress report submitted to the Kanto Local Finance Bureau on May 15th.
• The number of sales employees saw a slight net decrease in Q2 but turned to a net increase in April and May on a monthly basis.
• The company aims for approximately 60,000 new contracts per quarter in the second half, totaling 120,000.

The Q&A summary for FP Partner’s Q2 FY2026 financial results provides insights into the company’s current status and future strategies. The recovering revenue trend and the resumption of case distribution from key partners may suggest an improving business environment. The revised earnings forecast, attributed to upfront investments for future growth, indicates a management focus on building a foundation for expansion in the next fiscal year and beyond. The trend towards recovery in sales employee numbers and the progress of the business improvement plan are also key factors for monitoring future business operations.

• Daiko Tsusan Co., Ltd. released its financial results presentation material for the fiscal year ending May 2026 on July 28, 2026.
• For the fiscal year ended May 2026, net sales reached 21,983 million yen, gross profit 3,282 million yen, operating income 1,265 million yen, ordinary income 1,303 million yen, and net income attributable to owners of parent 915 million yen.
• Net sales and all profit figures increased year-on-year and compared to the initial plan, setting new record highs.
• Key drivers for the strong performance include robust orders for large-scale projects such as fire communication equipment, indoor power supply equipment, and outdoor communication equipment, as well as an increase in daily transactions.
• The equity ratio was reported at 50.9% (up 3.1 percentage points year-on-year), and the current ratio at 171.7% (up 10.9 percentage points year-on-year).

The financial results for the fiscal year ended May 2026 indicate a robust growth trajectory for Daiko Tsusan, with record-high sales and profit figures. The successful acquisition of diverse large-scale projects, coupled with a steady increase in daily transactions, suggests a broad business foundation and responsiveness to market demands. Furthermore, the improvement in the equity ratio may point to a strengthening of the company’s financial health.

Disclaimer: This article is for informational purposes only and does not constitute investment advice.

• TOHO Co., Ltd. resolved to partially revise (expand) its shareholder benefits program at a Board of Directors meeting held on July 28, 2026.
• This revision will be effective from the shareholder benefits program based on the record date of January 31, 2027.
• The expansion includes the establishment of new selective benefits for shareholders holding 100 shares to less than 300 shares for one year or more.
• A “Product Course” has been added to the selective benefits for shareholders holding 300 shares or more for less than one year.
• The content of the “toho coffee set” and “original product set” within the Product Course has been clarified with alphabetical distinctions to indicate variations based on holding requirements.
• The purpose of this change is to further enhance the investment appeal of the company’s shares following a 3-for-1 stock split effective February 1, 2026.

The expansion of the shareholder benefits program, following a stock split, may be seen as a strategic move to attract a broader investor base and strengthen engagement with existing shareholders. The reduction in the minimum shareholding requirement could make TOHO’s shares more accessible to a wider range of individual investors. Furthermore, the diversification of product choices within the benefits program may enhance shareholder satisfaction and loyalty.

• Komeri Co., Ltd. announced its consolidated financial results for the first quarter of the fiscal year ending March 2027 (April 1, 2026 – June 30, 2026).
• For the first quarter, consolidated operating revenue was ¥114,646 million (up 4.9% year-on-year), operating income was ¥10,883 million (up 8.8%), ordinary income was ¥10,859 million (up 7.4%), and net income attributable to owners of parent was ¥7,243 million (up 5.2%).
• Key product categories showed strong growth, with “Tools, Hardware, and Work Supplies” increasing by 8.8% year-on-year, “Reform Materials and Exterior Products” by 6.3%, and “Daily Necessities, Home Appliances, Car & Leisure Goods” by 8.1%.
• The consolidated full-year forecast for the fiscal year ending March 2027 remains unchanged from the most recently announced forecast, with operating revenue of ¥400,800 million (up 4.0% from the previous year), operating income of ¥24,000 million (up 4.1%), ordinary income of ¥23,900 million (up 2.2%), and net income attributable to owners of parent of ¥15,000 million (up 2.4%).
• The annual dividend forecast for the fiscal year ending March 2027 is ¥58.00 (¥29.00 at fiscal year-end), with no revision from the most recently announced forecast.

Komeri’s Q1 FY2027 results show a solid start to the fiscal year with increases across all key financial metrics. This performance may reflect robust demand in specific product categories and potential benefits from ongoing store renovations aimed at improving productivity. The reaffirmation of full-year earnings and dividend forecasts could suggest management’s confidence in the company’s current trajectory and stable outlook.

Disclaimer: This article is for informational purposes only and does not constitute investment advice.

• Genky DrugStores Co., Ltd. announced its consolidated financial results for the fiscal year ended June 2026.
• Net sales reached ¥220,638 million (up 9.9% year-on-year), and operating profit was ¥10,985 million (up 13.7% year-on-year).
• Ordinary profit amounted to ¥11,157 million (up 12.7% year-on-year), and profit attributable to owners of parent was ¥7,875 million (up 11.4% year-on-year).
• Earnings per share (EPS) for the period was ¥258.51.
• The year-end dividend per share is ¥6.50, bringing the annual dividend to a total of ¥13.00.
• For the fiscal year ending June 2027, the company forecasts consolidated net sales of ¥244,000 million (up 10.6% year-on-year) and ordinary profit of ¥12,100 million (up 8.4% year-on-year).

Genky DrugStores achieved solid revenue and profit growth across all key metrics for the fiscal year ended June 2026. This performance may suggest that the company’s strategy of new store openings, particularly R-stores, and existing store renovations has been effective. The positive outlook for the next fiscal year, projecting continued growth, could indicate that the company’s dominant area strategy remains a key driver for future expansion.

• DMS Co., Ltd. announced its unaudited financial results for the first quarter of the fiscal year ending March 2027 (April 1, 2026 – June 30, 2026).
• For Q1 FY2027, net sales were ¥6,547 million, representing a 3.8% decrease compared to the same period in the previous year.
• Operating profit increased by 27.3% year-on-year to ¥299 million, ordinary profit rose by 26.3% to ¥324 million, and quarterly net profit grew by 15.4% to ¥222 million.
• Basic earnings per share for the quarter were ¥40.97.
• The full-year earnings forecast and the annual dividend forecast of ¥232.00 per share remain unchanged from the most recently published figures.

Despite a decrease in net sales, the significant increase in all profit metrics suggests an improvement in profitability, which may stem from enhanced cost management or better gross margins. The unchanged full-year forecast indicates that the company maintains its outlook despite the mixed Q1 results. The progress in subsequent quarters will be worth monitoring for investors.

• Capcom Co., Ltd. announced its consolidated financial results for the first quarter of the fiscal year ending March 2027 (April 1, 2026 – June 30, 2026).
• Consolidated net sales reached ¥70.41 billion (up 54.7% year-on-year), operating income ¥41.05 billion (up 66.9% YoY), ordinary income ¥41.45 billion (up 81.1% YoY), and net income attributable to owners of parent ¥29.16 billion (up 69.2% YoY).
• The Digital Contents business reported net sales of ¥54.65 billion (up 83.0% year-on-year) and operating income of ¥37.60 billion (up 87.5% YoY).
• The new IP “Pragmata” surpassed 2.5 million units in global sales. Repeat title sales increased to 21.26 million units, up from 13.36 million units in the prior year period.
• The full-year consolidated forecast for FY2027 remains unchanged, projecting net sales of ¥210.0 billion (up 7.5% from previous year), operating income of ¥83.0 billion (up 10.2%), ordinary income of ¥83.0 billion (up 12.0%), and net income attributable to owners of parent of ¥58.0 billion (up 6.3%).

Capcom’s Q1 FY2027 results demonstrate significant growth across key financial metrics, primarily driven by the strong performance of its Digital Contents business. The successful launch of the new IP “Pragmata” and robust repeat title sales appear to be key factors. With the full-year forecasts remaining unchanged, investors may focus on the ongoing performance of new releases and existing title sales throughout the remainder of the fiscal year.

• TEMPOS HOLDINGS Co., Ltd. announced a correction to a portion of its “Consolidated Financial Results for the Fiscal Year Ended April 2026 (Japanese GAAP)” on July 28, 2026.
• The reason for the correction was the discovery of errors in the financial results disclosed on June 10, 2026.
• The correction pertains to “3. Consolidated Financial Statements and Primary Notes,” specifically ” (5) Notes to Consolidated Financial Statements,” under “(Segment Information, etc.) 3. Information on sales, profit or loss, assets, liabilities, and other items by reporting segment.”
• Specifically, the “Segment assets” for the “Merchandise Sales Business” and “Restaurant Business” for the consolidated fiscal year (from May 1, 2025, to April 30, 2026) were corrected. The “Merchandise Sales Business” figure changed from 15,552 million yen to 14,875 million yen, and the “Restaurant Business” figure changed from 11,723 million yen to 12,400 million yen.
• The company stated that this correction has no impact on its profit or loss.

This correction involves a reallocation of asset values between different reporting segments, with no change to total consolidated segment assets or the overall profit and loss. For investors, the absence of an impact on profit or loss is a key point to note. While such corrections underscore the importance of accurate financial reporting, the contained nature of this adjustment suggests that it is primarily a clarification of segment-level details.

• Pole To Win Holdings Co., Ltd. resolved an absorption-type merger between its consolidated subsidiaries at a Board of Directors meeting held on July 28, 2026.
• Pole To Win Co., Ltd. will be the surviving company, and ADOOR Co., Ltd. will be the absorbed company.
• The effective date of the merger is scheduled for November 1, 2026.
• The merger aims to reintegrate group business activities, centralize management, improve operational efficiency, effectively utilize management resources, and enhance corporate value.
• ADOOR Co., Ltd. was engaged in planning, production, and operation of XR/metaverse content and events, and support for indie game development.

This merger between consolidated subsidiaries appears to be part of Pole To Win Holdings’ “reorganization period” strategy to streamline its business portfolio. The integration of ADOOR’s XR and metaverse-related businesses into Pole To Win Co., Ltd. could indicate a strategic focus on concentrating management resources into core growth areas. While the impact on consolidated performance is stated to be minor, investors may wish to monitor the evolving business structure.

• Prestige International Inc. (PI, Code: 4290) announced its consolidated financial results for the first quarter of the fiscal year ending March 2027 (April 1, 2026 – June 30, 2026).
• Consolidated net sales reached JPY 18,173 million (up 8.7% year-on-year), operating profit was JPY 2,271 million (up 17.4%), ordinary profit JPY 2,352 million (up 16.9%), and profit attributable to owners of parent JPY 1,173 million (up 15.9%).
• Within key segments, the Automotive business reported sales of JPY 7,412 million (up 7.0% year-on-year) and operating profit of JPY 779 million (up 16.4%). The Property business recorded sales of JPY 2,605 million (up 10.6%) and operating profit of JPY 226 million (up 53.5%).
• The consolidated full-year earnings forecast for the fiscal year ending March 2027 and the annual dividend forecast of JPY 28.00 per share remain unchanged from the most recently published figures.
• Supplementary materials for the financial results will be prepared, but no earnings briefing will be held.

PI’s first-quarter results show strong year-on-year growth across all key financial metrics, suggesting a robust start to the fiscal year. The growth in the core Automotive and Property businesses, driven by increased demand for BPO services, appears to be a significant factor. While the full-year forecast remains unchanged, the early strong performance could indicate positive momentum for the company’s operations moving forward.

• P-MDB announced on July 28, 2026, a correction to a portion of its “Consolidated Financial Results for the Fiscal Year Ended April 2026 (Japanese GAAP) (Consolidated)” originally disclosed on June 12, 2026.
• The correction was made due to errors found in the consolidated cash flow statement.
• In the “Summary Information” section, under “Consolidated Cash Flow Status,” the operating cash flow for the fiscal year ended April 2026 was revised from “87 million yen” to “94 million yen,” and investing cash flow from “△33 million yen” to “△40 million yen.”
• The “Attached Documents” section, under “Overview of Current Period’s Cash Flow,” also saw revisions: operating cash flow revenue was changed from 87,330 thousand yen to 94,201 thousand yen, and investing cash flow expenditure from 33,853 thousand yen to 40,725 thousand yen.
• Detailed items within the consolidated cash flow statement (pages 9 and 10 of attached documents), such as changes in accounts payable, changes in consumption taxes payable, other items, expenditures/income from acquisition/sale of investment securities, and loans extended, were also corrected.
• The year-end balance of cash and cash equivalents (651 million yen or 651,689 thousand yen) remains unchanged.

This correction involves numerical adjustments to specific items within the consolidated cash flow statement, resulting in an increase in operating cash flow and an increase in investing cash flow expenditures. While these changes impact the breakdown of cash flows, the unchanged year-end balance of cash and cash equivalents suggests that the overall perception of the company’s financial position may not be significantly altered. Investors may want to monitor how these revised figures integrate into their financial analysis.

• Keyence Corporation announced its consolidated financial results for the first quarter of the fiscal year ending March 2027 (March 21, 2026 – June 20, 2026).
• Net sales reached ¥346,621 million, marking a 32.8% increase compared to the same quarter of the previous fiscal year.
• Operating income was ¥187,076 million, an increase of 44.7% year-on-year.
• Ordinary income stood at ¥196,793 million, representing a 49.6% year-on-year increase.
• Net income attributable to owners of the parent was ¥139,133 million, up 51.0% from the prior year’s comparable quarter.
• Basic earnings per share for the quarter were ¥573.69.
• Total assets at the end of the quarter were ¥3,724,891 million, with net assets at ¥3,548,740 million, resulting in an equity ratio of 95.3%.
• There were no revisions to the most recently announced dividend forecast.

Keyence’s Q1 FY2027 results show substantial year-on-year growth across net sales and all profit metrics, which may suggest strong performance driven by continued capital expenditure in the manufacturing sector globally and robust regional trends. The company also maintains a high equity ratio, which could indicate a strong financial foundation. This performance might be worth monitoring for insights into broader industrial automation trends.

• Nitto Denko Corporation announced its consolidated financial results for the first quarter of the fiscal year ending March 2027 (April 1, 2026, to June 30, 2026) on July 28, 2026.
• For the first quarter, consolidated revenue was ¥271,672 million (up 10.3% year-on-year), operating profit was ¥49,210 million (up 15.4% year-on-year), and profit attributable to owners of the parent was ¥33,872 million (up 8.2% year-on-year).
• By segment, the Industrial Tape business reported revenue of ¥101,076 million (up 17.8%) and operating profit of ¥16,280 million (up 64.9%).
• The Optronics business recorded revenue of ¥132,199 million (up 1.3%) and operating profit of ¥35,375 million (down 3.8%).
• The Human Life business saw increased revenue due to growth in Life Science and Membrane (polymer separation membrane) segments.
• The full-year consolidated performance forecast for the fiscal year ending March 2027 has been revised upward, with revenue projected at ¥1,110,000 million (up 8.0% from previous forecast), operating profit at ¥200,000 million (up 8.9%), and profit attributable to owners of the parent at ¥142,000 million (up 6.4%).

Nitto Denko’s Q1 FY2027 results indicate substantial year-on-year growth in both revenue and profit. This performance appears to be primarily driven by increased demand for components in the expanding AI data center market and the depreciation of the Japanese Yen. The upward revision of the full-year forecast suggests the company anticipates these favorable trends to continue.

• Muraki Co., Ltd. announced its consolidated financial results for the first quarter of the fiscal year ending March 2027 (April 1, 2026 – June 30, 2026).
• Consolidated net sales amounted to ¥1,970 million, a 3.5% increase compared to the same period of the previous fiscal year.
• Consolidated operating profit was ¥27 million (down 10.4% year-on-year), ordinary profit was ¥37 million (down 0.6% year-on-year), and net profit attributable to parent company shareholders was ¥13 million (down 19.2% year-on-year).
• The consolidated earnings forecast and annual dividend forecast for the fiscal year ending March 2027 are currently undecided due to the uncertain impact of the tense situation in the Middle East.
• As of the end of the first quarter, total assets were ¥4,247 million, net assets were ¥2,737 million, and the equity ratio was 64.4%.

Muraki’s first-quarter results show increased sales but a decline in operating, ordinary, and net profits, which may suggest pressure from raw material costs and increased selling, general, and administrative expenses. The decision to keep the full-year earnings forecast undetermined due to the situation in the Middle East indicates ongoing uncertainty regarding future business conditions for the company.

• For the fiscal year ended May 2026, C.S. LUMBER reported consolidated net sales of ¥20,381 million (down 1.4% year-on-year), ordinary profit of ¥1,002 million (down 40.4% year-on-year), and net profit attributable to parent company shareholders of ¥693 million (down 40.1% year-on-year).
• By segment, the pre-cut timber business recorded net sales of ¥14,430 million (down 5.4% year-on-year) and segment profit of ¥55 million (down 92.5% year-on-year), primarily due to a 6.9% decrease in housing units shipped to 5,106 units.
• The construction contracting business achieved net sales of ¥5,814 million (up 12.5% year-on-year) but segment profit of ¥336 million (down 8.8% year-on-year). Large-scale wooden facility construction saw 20 projects initiated, with contract amounts totaling ¥2,693 million (up 27.6% year-on-year).
• The real estate rental business reported net sales of ¥1,344 million (up 19.6% year-on-year) and segment profit of ¥675 million (up 16.6% year-on-year), driven by an increase of 11 properties in rental and managed units to 66 units through new acquisitions.
• The primary factor for the year-on-year decrease in operating profit for the fiscal year ended May 2026 was identified as the decline in pre-cut timber business shipments and profit per unit.

C.S. LUMBER’s FY2026 results reflect the impact of lower sales prices and decreased shipments in its core pre-cut timber business on overall performance. However, the double-digit revenue growth in the construction contracting business, coupled with the advancement of large-scale projects, and the stable growth in the real estate rental segment through new property acquisitions, suggest a degree of resilience from business diversification. Future performance may hinge on the recovery of pre-cut timber shipment volumes and improved profit margins, alongside continued growth in the construction contracting and real estate rental businesses.

• SRS Holdings Co., Ltd. resolved to change (expand) its shareholder benefits program at today’s Board of Directors meeting.
• Under the revised program, shareholders holding 100 shares to less than 500 shares will receive ¥2,000 worth of gift certificates annually, and those holding 500 shares to less than 1,000 shares will receive ¥12,000 annually.
• Shareholders holding 1,000 shares to less than 2,000 shares will receive ¥26,000 annually, and those holding 2,000 shares or more will receive ¥54,000 annually.
• The previous system granted shareholders holding 1,000 shares or more ¥24,000 worth of gift certificates annually.
• This change will be applied to shareholders recorded in the company’s shareholder register as of September 30, Reiwa 8 (2026).

This announcement indicates SRS Holdings’ further expansion of its shareholder benefits program, building upon previous revisions. The company is broadening the scope of its program to include smaller shareholders (under 100 shares previously excluded) while significantly increasing benefits for larger shareholders. This initiative may suggest a strategy to enhance shareholder loyalty and encourage greater utilization of the group’s expanding store network, aligning with its stated goal of further enriching shareholder returns.

• Nihon Kogyo announced its consolidated financial results for the first quarter of the fiscal year ending March 2027 (April 1, 2026 – June 30, 2026).
• Net sales for the quarter reached ¥3,090 million, marking a 1.0% increase compared to the same period of the previous year.
• Operating profit declined by 37.1% to ¥22 million, ordinary profit decreased by 18.2% to ¥42 million, and net profit attributable to owners of parent fell by 28.8% to ¥19 million.
• By segment, net sales for the Landscape Materials business increased by 4.1% to ¥678 million, and the Exterior business saw a 15.2% rise to ¥267 million. Conversely, the Civil Engineering Materials business reported a 1.4% decrease in sales to ¥2,144 million.
• The consolidated full-year earnings forecast and the annual dividend forecast (year-end ¥45.00, total annual ¥45.00) for the fiscal year ending March 2027 remain unchanged from previous disclosures.

While the company achieved a modest increase in net sales for the quarter, the decline in profitability appears to be influenced by underperforming consolidated subsidiaries and rising raw material costs. Growth in the Landscape Materials and Exterior businesses provided some uplift, but the primary Civil Engineering Materials segment experienced a sales contraction. The unchanged full-year forecast suggests management anticipates a recovery in subsequent quarters, making future performance a key area for investors to monitor.

Disclaimer: This article is for informational purposes only and does not constitute investment advice.

• G-Cuorips has revised its consolidated earnings forecast for the full fiscal year ending March 2027 upward.
• The company disclosed a sales forecast of 540 million yen, which was previously undisclosed.
• Operating loss is revised from △1,430 million yen to △1,030 million yen, ordinary loss from △1,400 million yen to △580 million yen, and net loss attributable to parent company shareholders from △1,390 million yen to △570 million yen.
• The revision is due to the approval of the reimbursement price for the regenerative medicine product “ReHeart” at the Central Social Insurance Medical Council (Chuikyo) general meeting on July 22, 2026, leading to the incorporation of sales and cost of sales into the consolidated earnings forecast.
• The ordinary profit and net profit attributable to parent company shareholders also include an expected subsidy income from the Ministry of Economy, Trade and Industry’s “Regenerative/Cellular Medicine/Gene Therapy Manufacturing Facility Support Project Subsidy” as non-operating revenue.

This upward revision of the earnings forecast is primarily attributed to the finalization of the drug price for “ReHeart,” allowing for a concrete sales estimate. This development suggests a progression in the company’s business commercialization, as the incorporation of sales revenue significantly reduces previously projected losses at various profit stages. The contribution of subsidy income further supported the improved outlook, indicating multiple positive factors influenced the revision.

• gumi Inc. has resolved to waive debt owed by its consolidated subsidiary, gC Labs Inc., acquire gC Games Inc. shares through an in-kind distribution from gC Labs, and subsequently absorb gC Games.
• The debt waiver for gC Labs totals 713 million JPY in long-term loans and 10 million JPY in accrued income, scheduled for July 31, 2026. This waiver aims to resolve gC Labs’ insolvent state and create distributable funds for the in-kind distribution.
• All shares of gC Games, currently held by gC Labs, will be distributed to gumi Inc. as an in-kind dividend, making gC Games a direct wholly-owned subsidiary of gumi Inc.
• Following this, an absorption merger will take place with gumi Inc. as the surviving company and gC Games as the absorbed company, with an effective date of September 25, 2026.
• The company anticipates that this organizational restructuring will have a minor impact on its consolidated and non-consolidated financial results for the current fiscal year, as loan loss provisions for the waived debt were recorded in prior years.

This organizational restructuring by gumi Inc. appears to be a strategic move to streamline its group operations and concentrate management resources. The process of addressing a subsidiary’s financial health via debt waiver, bringing a grandchild company directly under the parent, and then merging it, may suggest an effort to improve operational efficiency and decision-making speed across the group. Investors might consider this an indication of the company’s focus on optimizing its internal structure.