Logotype for Crops Corporation

Crops Corporation (9428) Q1 2026 earnings summary

Event summary combining transcript, slides, and related documents.

Logotype for Crops Corporation

Q1 2026 earnings summary

21 Jul, 2026

Executive summary

  • Revenue rose 12.2% year-over-year to ¥15,717 million, driven by growth in mobile communications, store subleasing, and a large, high-margin real estate sale.

  • Operating income surged 208.5% to ¥832 million, and net income attributable to shareholders was ¥299 million, reversing a loss in the prior year.

  • Segment performance was mixed, with notable gains in store subleasing and real estate, but declines in wholesale and overseas segments.

Financial highlights

  • Revenue: ¥15,717 million (+12.2% YoY); Operating income: ¥832 million (+208.5% YoY); Ordinary income: ¥836 million (+125.2% YoY); Net income: ¥299 million (prior year: -¥137 million).

  • EPS: ¥31.66 (prior year: -¥14.57).

  • Comprehensive income: ¥310 million (prior year: ¥5 million).

Outlook and guidance

  • Full-year revenue forecast: ¥65,644 million (+6.6% YoY); Operating income: ¥2,974 million (+59.0% YoY); Net income: ¥1,576 million (+36.7% YoY); EPS: ¥166.67.

  • No changes to previously announced guidance.

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