Ivy Cosmetics raises full-year earnings forecast on improved profitability

Ivy Cosmetics Corporation revised its earnings forecast for the second quarter ending September 30, 2025. Operating profit is now projected to be JPY 220 million, up from JPY 180 million, and ordinary profit is also revised to JPY 220 million from JPY 180 million. Quarterly net profit is expected to reach JPY 185 million, an increase from JPY 140 million.

For the full fiscal year ending March 31, 2026, operating profit and ordinary profit are both revised upward to JPY 380 million from the previous JPY 340 million forecast. Full-year net profit is now projected at JPY 315 million, an increase from JPY 270 million. These revisions are attributed to sustained efforts to improve profitability.

The company noted that while early-period sales were lower, promotional activities for key products in September, particularly "Red Power Serum," resulted in higher-than-expected order intake. Despite a challenging performance from existing regular products, second-quarter sales are expected to align with previous forecasts. Additionally, improved raw material costs, ongoing expense reductions, and adjustments in tax-related provisions contributed to the enhanced profitability.