Kin-Ei raises earnings forecasts on strong cinema performance

Kin-Ei Corp. has updated its individual business performance forecasts for the second quarter (interim period) and full year of the fiscal year ending January 2026. For the interim period, the company now expects sales of JPY1,878 million, up from JPY1,800 million previously. Ordinary profit is rising to JPY181 million from JPY120 million. Net income for the interim period is projected to reach JPY128 million, a substantial increase from the prior forecast of JPY80 million, primarily due to the success of titles in its cinema and amusement business.

For the full fiscal year, Kin-Ei forecasts sales of JPY3,660 million, a modest increase from the JPY3,620 million previously projected. Ordinary profit is now expected to be JPY240 million, up from JPY220 million, and net income is revised upwards to JPY155 million from JPY130 million. While the cinema business is expected to see a slight reduction in income in the third quarter compared to original estimates, the real estate business is performing as anticipated.

Despite anticipated increases in expenses, the company's overall full-year performance is expected to exceed initial forecasts. The company noted that these forecasts are based on currently available information, and actual results may vary due to various factors.