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Adways Inc. shares surge to year-to-date high on strong Q1 operating profit, up 2.3x

Thu May 7, 2026 2:58 pm JST Catalyst

Adways Inc. <2489> saw its gains accelerate sharply in afternoon trading, reaching a new year-to-date high. The move came after the company announced its first quarter (January-March) consolidated earnings results at around 2:30 p.m., which were well received by investors. Revenue came in at 3,282 million yen (up 4.6% year-on-year), operating profit at 536 million yen (up 2.3x), and net profit at 400 million yen (up 99.9%), marking substantial profit growth.

The strong performance was driven by increased advertising demand from financial companies for the affiliate advertising service "JANet" within the ad platform business, as well as growing advertising demand from game app and manga app providers in the agency business. The company maintained its full-year forecast for the fiscal year ending December 2026, projecting revenue of 11,400 million yen (down 6.7% year-on-year), operating profit of 600 million yen (up 2.0x), and net profit of 530 million yen (up 2.1x).

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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