Care21 revises earnings forecast upward after share sale

Care Twentyone Corporation (TSE:2373) announced it will recognize an extraordinary gain from the sale of investment securities in April 2025. This sale, aimed at improving the company's financial structure, will result in a gain of JPY 250 million. Consequently, Care Twentyone has revised its consolidated earnings forecast for the second quarter and full year ending October 2025. While revenue projections remain unchanged at JPY 48 billion, the full-year net profit attributable to owners of the parent has been increased from JPY 100 million to JPY 250 million, resulting in an increase in basic earnings per share from JPY 7.42 to JPY 18.55. The company also anticipates an increase in the full-year non-consolidated earnings to JPY 200 million, up from JPY 50 million.