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Yamada Consulting Shares Fall on Downward Revision to Operating Profit Forecast for FY March 2026 Due to Higher Personnel Costs
Yamada Consulting Group Inc. <4792> is underperforming. After the close on the 9th, the company announced that its consolidated results for the fiscal year ending March 2026, currently being finalized, show revenue increasing from the previous forecast of \26.0 billion to \26.6 billion (up 16.9% year on year), while operating profit has been revised downward from \3.8 billion to \3.74 billion (down 9.5% year on year), weighing on sentiment.
While revenue exceeded the plan due to strong project orders in the consulting business and solid sales of investment securities and real estate in the investment business, operating profit was revised downward due to higher selling, general and administrative expenses driven by increased personnel costs. Net profit was revised upward from \2.75 billion to \2.8 billion (down 2.8% year on year), reflecting the recording of negative goodwill as extraordinary income.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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