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Komehyo Holdings rises at open but weakens, projects record-high double-digit revenue and profit growth for fiscal year ending March 2027
Komehyo Holdings Co.,Ltd. <2780> opened higher on buying interest but weakened thereafter. The company, which operates a reuse business for luxury brand items including jewelry and high-end watches, has seen strong business performance. Results for the fiscal year ended March 2026, announced after the market close on the 14th, showed sales surged 39% year-on-year to 221.71 billion yen, while operating profit jumped 50% to 9.29 billion yen, both significantly exceeding previous record highs.
Furthermore, for the fiscal year ending March 2027, Komehyo Holdings expects to continue its double-digit revenue and profit growth trajectory, projecting sales of 252 billion yen, up 14% year-on-year, and operating profit of 10.8 billion yen, up 16%. The annual dividend is planned at 108 yen, an increase of 2 yen from the previous year, marking the sixth consecutive year of dividend increases. However, the strong results for the previous fiscal year had already been factored in following an upward revision on May 8, and the current fiscal year's earnings guidance appears to have been perceived as conservative. Additionally, some market participants noted that while the dividend increase was expected, the size of the hike failed to meet higher expectations, prompting selling from investment funds.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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