Asukanet's interim profit surges as photobook business shines

Asukanet's consolidated financial results for the six months ended October 31, 2025, show a 166.6% year-on-year increase in ordinary income to JPY 51 million, with profit attributable to owners of parent surging by 943.9% to JPY 23 million. This comes despite a slight revenue decline of 2.5% to JPY 3,317 million. Operating income also saw substantial growth, rising 97.8% to JPY 31 million.

The photobook business was a primary driver, with segment profit increasing by 20.8% year-on-year to JPY 231,572 thousand, despite a minor revenue decrease of 1.8% to JPY 1,707,573 thousand. The funeral business experienced a slight revenue drop of 0.7% to JPY 1,565,136 thousand and a segment profit decline of 19.6% to JPY 245,277 thousand. The aerial display business, while still operating at a segment loss, reduced its loss by 4.3% to JPY 145,294 thousand, with revenues at JPY 49,282 thousand.

As of October 31, 2025, total assets were JPY 6,254,697 thousand, with net assets at JPY 5,254,158 thousand, resulting in an equity ratio of 84.0%. The company reiterated its full-year forecast for fiscal year 2026, projecting JPY 7,580 million in net sales, JPY 435 million in operating income, and JPY 261 million in profit attributable to owners of parent.