Cresco (4674) Q1 2027 earnings summary

Executive summary

• Net sales for the three months ended June 30, 2026, rose 10.6% year-over-year to ¥16,682 million, with operating profit up 13.3% to ¥1,149 million and profit attributable to owners of parent up 14.6% to ¥864 million.

• Comprehensive income increased 30.4% year-over-year to ¥1,740 million for the quarter.

Financial highlights

• Gross profit for the quarter was ¥3,108 million, up from ¥2,744 million year-over-year.

• Basic earnings per share increased to ¥21.46 from ¥18.33 year-over-year.

• Equity-to-asset ratio stood at 70.5% as of June 30, 2026.

• Total assets were ¥47,443 million, with net assets at ¥33,425 million as of June 30, 2026.

Outlook and guidance

• Full-year net sales forecast is ¥71,500 million, up 10.5% year-over-year, with operating profit projected at ¥8,000 million (+7.3%) and profit attributable to owners of parent at ¥5,530 million (+4.8%).

• Basic earnings per share for the full year is forecast at ¥137.76.

• No revisions to previously announced financial forecasts.