)

Ichigo (2337) investor relations material
Ichigo Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Business profit rose 60% YOY in H1 FY26/2, with cash EPS up 52% YOY, driven by strong stock and flow earnings across segments and robust real estate and hotel performance.
Revenue increased 40.6% YOY to JPY 51.0B, with operating profit up 64.3% to JPY 11.3B and net income up 60.7% to JPY 8.6B.
Full-year net income forecast is JPY 16B (+5% YOY), with EPS projected at JPY 38.13 (+9% YOY), supported by share buybacks and a progressive dividend policy.
Record business profit is forecasted for FY26/2, underpinned by a diversified and sustainable business model and strong market demand.
Clean energy initiatives and diversification into new energy sources, including biomass and battery storage, are expanding, supporting sustainability goals.
Financial highlights
H1 FY26/2 operating profit: JPY 11,261M (+64.3% YOY); recurring profit: JPY 9,047M (+62.9% YOY); business profit: JPY 15,128M (+60.2% YOY).
Net income: JPY 8,624M (+60.7% YOY); cash net income: JPY 11,034M (+45.5% YOY).
EPS (basic): JPY 20.56 (+68.0% YOY); cash net income per share: JPY 26.31 (+52.1% YOY).
Total assets: JPY 420.2B (+3.3% vs. FY25/2-end); net assets: JPY 124.3B (+1.3%).
Completed JPY 5B share buyback; dividend for FY26/2 up 10% YOY to JPY 11.5.
Outlook and guidance
Full-year FY26/2 forecast: operating profit JPY 19.5B (+19.6% YOY), business profit JPY 28.4B (+14.2%), net income JPY 16.0B (+5.4%), cash net income JPY 20.5B (+5.7%).
EPS forecast: JPY 38.13 (+9.4% YOY); cash net income per share: JPY 48.85 (+9.8%).
Both stock and flow earnings expected to reach record levels, supporting strong cash generation.
ROE projected at 14.0%, cash ROE at 17.9%.
Dividend per share forecast raised to JPY 11.5, with a DOE target of 4% or above.
Next Ichigo earnings date

The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage