Kinei raises half-year and full-year earnings forecast

Kinei Co. Ltd. announced revisions to its individual earnings forecast for the second quarter and full fiscal year ending January 31, 2026, driven by stronger-than-expected performance in its cinema and amusement business. For the second quarter, sales are now projected at 1,878m yen, up from 1,800m yen, while operating profit is expected to reach 178m yen, a significant increase from the previous 120m yen. Ordinary profit is also revised upward to 181m yen from 120m yen, and net income is now forecast at 128m yen, up from 80m yen.

The strong performance in the cinema and amusement sector, particularly due to popular movie releases, contributed to the higher revenue and improved profitability. Efforts to control general expenses also played a role in boosting operating, ordinary, and net profits beyond initial estimates.

For the full fiscal year, Kinei projects sales of 3,660m yen, a modest increase from 3,620m yen. Operating profit is revised to 230m yen from 220m yen, and ordinary profit to 240m yen from 220m yen. Net income for the full year is now expected to be 155m yen, up from the previously forecast 130m yen. Kintetsu Group Holdings noted that this revision does not impact its consolidated earnings forecast.