Kyokuto's first quarter profits decline amidst sales dip

Kyokuto, a home cleaning service company, reported a decrease in both sales and profits for the first quarter of fiscal year 2026. Revenue fell to ¥1,938.81 million, a 4.7% decrease year-over-year, attributed to a delayed spring clothing season due to unseasonably cool weather. Operating profit decreased 17.3% to ¥417.31 million, while recurring profit fell 16.6% to ¥442.83 million. Quarterly net profit also declined by 16.6% to ¥306.49 million. The company maintained its full-year earnings forecast unchanged from its previous announcement on April 15, 2025.