Kabuki-Za's Q2 profits soar past forecast on strong sales

Kabuki-Za announced a positive variance between its previously released forecast and actual results for the second quarter of the fiscal year ending February 2026. Sales reached 1,788 million yen, surpassing the forecast of 1,730 million yen by 3.4%. Operating profit rose to 216 million yen, exceeding the 178 million yen forecast by 21.3%, while ordinary profit hit 239 million yen, a 31.3% increase over the 182 million yen forecast. Net income attributable to owners of parent was 186 million yen, significantly higher than the 135 million yen forecast, representing a 37.8% increase.

The stronger performance was primarily attributed to the restaurant and retail segments. The restaurant and food service business saw increased sales of 389,003 thousand yen (38.3% increase year-on-year) and segment profit of 39,376 thousand yen (2,247% increase year-on-year), benefiting from special commemorative meals for succession performances and strong demand for beverages due to intense summer heat. The retail business recorded sales of 388,665 thousand yen (31.4% increase year-on-year) and segment profit of 91,156 thousand yen (85.5% increase year-on-year), driven by popular original merchandise and higher visitor numbers. The real estate leasing business performed as expected, with sales of 1,010,339 thousand yen (4.5% increase year-on-year) and segment profit of 334,549 thousand yen (4.2% increase year-on-year).

Despite the strong interim results, Kabuki-Za maintains its full-year consolidated earnings forecast for the fiscal year ending February 2026, which was announced on April 14, 2025. The company will monitor future trends and adjust the forecast if necessary.