Sakai Moving Service reports Q2 revenue rise, profits decline

Sakai Moving Service announced its consolidated financial results for the second quarter of the fiscal year ending March 2026, reporting a 2.6% increase in revenue to JPY 60,724 million compared to the same period last year. However, operating profit decreased by 1.1% to JPY 6,531 million, and ordinary profit fell by 0.9% to JPY 6,675 million. Net profit attributable to owners of the parent also saw a 5.2% decline, reaching JPY 4,300 million.

The company's core moving business performed well, with the number of moving jobs increasing by 1.7% to 415,844 and average moving prices rising by 0.7%. Despite these positive trends, increased expenses related to improving employee retention and enhancing shareholder benefits impacted overall profitability.

Sakai Moving Service's full-year consolidated earnings forecast for the fiscal year ending March 2026 remains unchanged. The company also announced the absorption merger of its consolidated subsidiaries, J-LAND Co., Ltd. and Kids Dream Co., Ltd., effective January 1, 2026, to enhance operational efficiency and corporate value.