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YOSHINOYA, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 9%, Dividend Revised Upward by 2 Yen

Thu Oct 9, 2025 4:00 pm JST Earnings

9861 YOSHINOYA HOLDINGS CO.,LTD. 【J-GAAP】

Earnings Report

YOSHINOYA HOLDINGS CO.,LTD. <9861> [TSE Prime] announced its financial results after the market closed on October 9th (16:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending February 2026 (March to August) increased 21.0% from the same period last year, reaching 4.80 billion yen, resulting in an increase in profits compared to the previous forecast of a 6.8% decrease.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 8.8%, from the previous forecast of 8.00 billion yen to 8.70 billion yen (compared to 7.99 billion yen in the previous period), increasing the growth rate from 0.1% to 8.8%.

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 September to February period (second half) is expected to decrease 3.2% from the same period last year to 3.89 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 20 yen to 22 yen (compared to 20 yen in the previous period).

In the most recent three-month period, from June to August (2Q), the consolidated ordinary profit increased 30.4% from the same period last year, reaching 3.56 billion yen. The operating profit margin improved from 5.5% in the same period last year to 5.8%.

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Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Mar - Aug, 2023 91,654 3,986 4,347 2,879 44.5 50.5 Oct 11, 2023 J-GAAP
Mar - Aug, 2024 99,313 3,713 3,968 2,213 34.2 49.6 Oct 9, 2024 J-GAAP
Mar - Aug, 2025 110,446 4,438 4,802 2,644 40.9 55.2 Oct 9, 2025 J-GAAP
YoY +11.2% +19.5% +21.0% +19.5% +19.4%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar - Aug, 2025 Guidance 111,000 3,300 3,700 2,300 35.5 10 Apr 10, 2025 J-GAAP
Mar - Aug, 2025 Results 110,446 4,438 4,802 2,644 40.9 11 Oct 9, 2025 J-GAAP
Revision Rate -0.5% +34.5% +29.8% +15.0% +15.0%

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Feb, 2026 Prev 225,000 7,400 8,000 4,200 64.9 20 Apr 10, 2025 J-GAAP
Feb, 2026 New 225,000 8,200 8,700 4,800 74.2 22 Oct 9, 2025 J-GAAP
Revision Rate 0.0% +10.8% +8.8% +14.3% +14.3%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Sep - Feb, 2024 105,670 3,593 4,027 1,590 24.6 10 Apr 10, 2025 J-GAAP
Sep - Feb, 2025 Guidance 114,554 3,762 3,898 2,156 33.3 11 Oct 9, 2025 J-GAAP
YoY +8.4% +4.7% -3.2% +35.6% +35.5%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Feb, 2024 187,472 7,973 8,606 5,604 86.6 18 Apr 10, 2024 J-GAAP
Feb, 2025 204,983 7,306 7,995 3,803 58.8 20 Apr 10, 2025 J-GAAP
Feb, 2026 Guidance 225,000 8,200 8,700 4,800 74.2 22 Oct 9, 2025 J-GAAP
YoY +9.8% +12.2% +8.8% +26.2% +26.2%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jun - Aug, 2024 51,771 2,833 2,730 1,532 23.7 5.5 Oct 9, 2024 J-GAAP
Sep - Nov, 2024 52,438 1,962 2,288 1,118 17.3 3.7 Jan 10, 2025 J-GAAP
Dec - Feb, 2024 53,232 1,631 1,739 472 7.3 3.1 Apr 10, 2025 J-GAAP
Mar - May, 2025 52,218 1,056 1,241 742 11.5 2.0 Jul 8, 2025 J-GAAP
Jun - Aug, 2025 58,228 3,382 3,561 1,902 29.4 5.8 Oct 9, 2025 J-GAAP
YoY +12.5% +19.4% +30.4% +24.2% +24.1%

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