Koshidaka Holdings reports record sales, profit despite impairment; acquires karaoke stores
Koshidaka Holdings reported record consolidated sales of JPY 69,387 million and operating profit of JPY 11,392 million for the fiscal year ended August 2025, representing increases of 9.7% and 12.1% year-on-year, respectively. Despite these record highs, profit attributable to owners of parent decreased by 21.9% to JPY 5,258 million due to a JPY 3,389 million impairment loss on unprofitable stores. The company’s dividend increased for the fourth consecutive year to JPY 24, comprising JPY 12 interim and JPY 12 year-end dividends, with a forecast of JPY 26 for FY8/2026.
In a strategic move, Koshidaka Holdings' subsidiary, Koshidaka SP, will acquire approximately 70 JOYSOUND karaoke stores from Standard Corp. in November 2025. This transaction is expected to add JPY 7,000 million to sales and JPY 200 million to operating profit for FY8/2026, supporting the company's "Entertainment as Infrastructure" vision.
Looking ahead, Koshidaka Holdings forecasts consolidated net sales of JPY 82,544 million (+19.0%) and operating profit of JPY 12,966 million (+13.8%) for FY8/2026, driven by new store openings, existing store sales growth, and the Standard Corp. acquisition.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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