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Strike Group's H1 operating profit falls short of forecast due to lower-than-expected deal completions
Strike Group Co., Ltd. <6196> announced after the close of trading on the 23rd that its standalone earnings forecast for the first half of the fiscal year ending September 2026 (October 2025 to March 2026) fell short of initial projections. Revenue came in at 9.737 billion yen (up 8.8% year-on-year), down from the previous forecast of 11.56 billion yen, while operating profit reached 2.699 billion yen (up 10.7% year-on-year), compared to the earlier projection of 3.753 billion yen. Strike Company specializes in M&A advisory services for small and mid-sized enterprises. Due to an increase in the proportion of deals involving listed companies as buyers and other client requirements, the period from signing final agreements to deal completion has been trending longer, resulting in the number of completed deals in the first half falling short of plan.
The company will transition to consolidated financial reporting from the third quarter onwards and has therefore withdrawn its full-year standalone earnings forecast. The consolidated earnings forecast will be announced on April 30th, the date of the earnings release.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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