JM Holdings reports mixed Q1 earnings with sales growth, profit decline

JM Holdings CO. LTD. announced its first-quarter financial results for the period ending October 2025. The company reported net sales of JPY 47,686 million, an increase of 8.2% compared to the same period last year. Operating profit saw an 18.9% rise to JPY 2,196 million, while ordinary profit increased by 19.1% to JPY 2,244 million. Profit attributable to owners of parent, however, decreased by 20.7% to JPY 545 million.

Basic earnings per share for the quarter were JPY 10.70. The company's total assets stood at JPY 74,572 million, with net assets at JPY 45,342 million, resulting in a capital adequacy ratio of 60.5%.

Looking ahead, JM Holdings projects full-year net sales for fiscal year 2026 (ending July 31, 2026) to reach JPY 196,000 million. Operating profit is projected at JPY 10,900 million and ordinary profit at JPY 11,000 million. Profit attributable to owners of parent is forecast at JPY 7,000 million, with basic earnings per share forecast at JPY 137.37. The company also announced an annual dividend forecast of JPY 46.00 per share, which includes consideration of a 2-for-1 stock split effective November 1, 2025.