YAMADA Consulting Group Co (4792) Q1 2026 earnings summary

Executive summary

• Net sales for Q1 FY2025 were ¥6,567 million, down 9.6% year-over-year, with operating profit at ¥1,035 million, down 47.6% year-over-year, and profit attributable to owners at ¥666 million, down 57.3%.

• Declines were due to large one-time gains in the prior year from investment stock sales and M&A advisory success fees, which were not repeated.

• Q1 operating profit represents 27.2% of the full-year forecast, indicating performance is on track.

Financial highlights

• Gross profit for Q1 was ¥4,860 million, down 13.1% year-over-year.

• Basic EPS for Q1 was ¥34.84, compared to ¥81.82 in the prior year.

• Comprehensive income for Q1 was ¥631 million, down 63.3% year-over-year.

• Equity-to-asset ratio as of June 30, 2025, was 74.4%.

Outlook and guidance

• Full-year FY2026 guidance: net sales ¥26,000 million (+14.2% YoY), operating profit ¥3,800 million (-8.0% YoY), ordinary profit ¥3,700 million (-9.7% YoY), profit attributable to owners ¥2,750 million (-4.5% YoY), EPS ¥143.86.

• Sales growth expected mainly from the investment business, but gross profit growth limited due to higher cost of sales.

• No Q2 cumulative forecast disclosed due to performance management on an annual basis.