Hakuhodo DY Holdings posts Q1 revenue decline, profit increase

Hakuhodo DY Holdings reported a 3.8% decline in revenue to 339,011 million yen for Q1 FY2026, with net income falling 671.6% to negative 1,816 million yen.

However, excluding the impact of the Mercari stock sale by United Inc., adjusted operating profit increased 165.6% to 1,576 million yen. This was driven by improved profitability in domestic operations, while international operations faced challenges in China and ASEAN.

The company maintained its full-year forecasts of 1,650,000 million yen revenue and 40,000 million yen operating profit.