Ya-Man FY25 profit soars despite sales dip; cautious outlook

Ya-Man Ltd (TSE:6630) announced its fiscal year 2025 results, revealing a complex financial picture marked by both challenges and strategic successes. While net sales decreased by 21.8% year-over-year to JPY 25.04B, profit attributable to owners of parent surged by 77.5% to JPY 706M due to a JPY 961M gain on the sale of subsidiaries and associates. Operating profit increased 50.9% to JPY 628M. The company also recorded a JPY 608M loss on valuation of shares of subsidiaries related to YA-MAN U.S.A. Ltd, YA-MAN (SHANGHAI) BEAUTY TECHNOLOGY CO., LTD, and forty-four Inc., as well as related companies.