Laox Holdings, Ordinary Profit Forecast for the Fiscal Year Revised Downward by 32%

Laox Holdings CO.,LTD. <8202> [TSE Std] announced its financial results after the market closed on August 8th (16:00). The consolidated ordinary loss for the cumulative second quarter of the fiscal year ending December 2025 (January to June) expanded to a loss of 1.26 billion yen (compared to a loss of 0.58 billion yen in the same period last year).

In addition, the full-year forecast for consolidated ordinary profit has decreased 31.7%, from the previous forecast of 0.63 billion yen to 0.43 billion yen (compared to 0.22 billion yen in the previous period), leading to a reduction in the profit growth rate from 2.8 times to 90.3%.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the July to December period (second half) is expected to surge 2.1 times that of the same period last year, reaching 1.69 billion yen.

In the most recent three-month period, from April to June (2Q), the consolidated ordinary profit/loss turned to a loss of 0.07 billion yen (compared to a profit of 0.21 billion yen in the same period last year). The operating profit/loss margin worsened from 0.8% in the same period last year to -0.1%.

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