Jamco Corporation FY2024 profits surge despite planned delisting

JAMCO Corporation (TSE:7408) reported a significant turnaround in its fiscal year 2024, ended March 31, 2025. Net sales increased by 23.4% year-over-year to ¥78,996 million, while operating income jumped to ¥7,414 million, a substantial increase from the prior year's ¥2,383 million. Net income attributable to shareholders soared by 150.6% to ¥4,286 million. The company attributes this improved performance to enhanced capacity responding to the recovery in air passenger demand and initiatives aimed at improving profitability. Despite the strong financial results, the company's future financial forecasts are not presented due to a planned delisting resulting from a tender offer by K.K. BCJ-92. No year-end dividend will be paid. Basic earnings per share reached ¥159.64.