Geo Holdings achieves record first-half sales, driven by growth initiatives

Geo Holdings Corporation reported consolidated net sales of JPY 216.9 bn for the first half of FY2026, an 8.6% year-over-year increase and a record high. Operating profit for the period was JPY 5.0 bn, a 6.1% decrease year-over-year, while ordinary profit rose by 7.1% to JPY 5.5 bn. Profit attributable to owners of parent increased by 14.2% to JPY 3.2 bn.

Sales growth was fueled by reuse clothing and accessories, up 16.3% to JPY 53.5 bn, and brand-new merchandise, which surged 19.7% to JPY 53.2 bn, benefiting from game-related sales including "Nintendo Switch 2." Reuse smartphones and tablets also contributed, growing 6.5% to JPY 23.3 bn. The company maintains its full-year net sales forecast of JPY 470 bn and projects an annual dividend of JPY 34.00 per share for FY2026.

Geo Holdings continues its aggressive store expansion, with 2nd STREET Japan reaching 900 stores and 2nd STREET worldwide hitting 1,000 stores. GEO mobile also expanded its network to 800 stores. These initiatives are part of a broader strategy to achieve JPY 1 trillion in consolidated net sales and 5,000 stores worldwide by FY2035.