Chuo Gyorui reports Q2 net profit down despite sales increase

Chuo Gyorui Co., Ltd. reported consolidated net sales of JPY 76,996 million for the second quarter of the fiscal year ending March 31, 2026, a 5.5% increase year-over-year. However, operating profit decreased by 11.6% to JPY 1,837 million, and ordinary profit fell by 7.0% to JPY 2,087 million. Net profit attributable to owners of parent declined by 15.6% to JPY 1,214 million, with basic earnings per share at JPY 304.04.

The company's total assets grew to JPY 80,867 million from JPY 74,760 million in the previous fiscal year, primarily due to increases in cash and deposits, merchandise, and investment securities. Shareholder's equity also increased to JPY 36,013 million, with the equity ratio standing at 42.4%.

Chuo Gyorui reiterated its full-year consolidated forecast for the fiscal year ending March 31, 2026, projecting net sales of JPY 150,000 million, operating profit of JPY 3,300 million, and ordinary profit of JPY 3,600 million. Net profit attributable to owners of parent is expected to be JPY 2,500 million, or JPY 625.87 per share. The company plans a year-end dividend of JPY 120.00 per share.