YAGAMI, Ordinary Profit Forecast for the Fiscal Year Revised Upward to an Unexpected 10% Increase, Raises Record High Profit, Dividend Revised Upward by 32 Yen

YAGAMI INC. <7488> [NSE Main] announced its financial results in the afternoon session on November 21st (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending April 2026 (May to October) increased 15.7% from the same period last year, reaching 1.12 billion yen, resulting in an increase in profits compared to the previous forecast of an 8.2% decrease.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 11.9%, from the previous forecast of 1.95 billion yen to 2.18 billion yen (compared to 1.99 billion yen in the previous period), record profits reach three consecutive terms, turning to a 9.6% increase in the consolidated ordinary profit outlook.

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 November to April period (second half) is expected to grow 3.8% from the same period last year, reaching 1.06 billion yen.

In light of the strong performance, the company has increased its planned annual dividend for the current fiscal year from the original plan of 252 yen to 284 yen (compared to 174 yen in the previous period).

In the most recent three-month period, from August to October (2Q), the consolidated ordinary profit grew 7.1% from the same period last year, reaching 0.64 billion yen. The operating profit margin rose from 20.3% in the same period last year to 21.2%.

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