Ichinen Holdings sees profit dip amidst revenue growth

Ichinen Holdings (TSE:9619) announced its consolidated financial results for the fiscal year ended March 31, 2025, revealing a mixed financial performance. While net sales increased by 12.1% to JPY 154.92B, operating profit rose 13.6% to JPY 10.28B. Profit attributable to owners of the parent declined sharply by 45.7% to JPY 6.66B. The company attributes the revenue growth to strong performance in its automobile leasing and maintenance services, chemicals, and parking segments. Basic earnings per share decreased from JPY 509.46 to JPY 280.28.