Kuraudia Holdings Co., Ltd. (TSE: 3607), the Kyoto-based bridal group that both wholesales wedding dresses and operates wedding venues and ceremony halls, posted sharply higher profit for the first nine months of its fiscal year ending August 2026. For the nine months to May 31, 2026 (September 1, 2025–May 31, 2026) under Japanese GAAP, consolidated revenue rose 3.5% year-on-year to ¥11,148 million, operating profit jumped 55.5% to ¥1,142 million, ordinary profit climbed 60.0% to ¥1,185 million and net profit attributable to owners advanced 46.3% to ¥928 million. EPS was ¥102.64, up from ¥70.56.
Venues drive the top line, margins drive the profit
Revenue growth came from the consumer-facing venue business — the French restaurant "Sombreuil" in Chiyoda, Tokyo, and the newly opened "Tokyo Daijingu Daijingu Kaikan" venue, whose operations began in April 2026 — while the resort-wedding business was soft, slipping 6.4%. Lower-cost dress-rental and venue-operation income lifted margins, so profit grew far faster than sales. The balance sheet showed total assets of ¥13,460 million, net assets of ¥4,878 million and an equity ratio of 36.2%.
Dividend
Kuraudia guides a full-year FY8/2026 dividend of ¥10.00 per share (¥5.00 interim plus ¥5.00 year-end).
Cautious full-year view and a loss-making summer
Despite the strong nine-month showing, Kuraudia left its full-year FY8/2026 guidance unchanged: revenue of ¥14,300 million (+5.2%), operating profit of ¥450 million (+11.9%), ordinary profit of ¥430 million (+3.1%) and net profit of ¥350 million (+12.1%), for EPS of ¥38.69. Strikingly, the nine-month operating profit of ¥1.14 billion already far exceeds the ¥450 million full-year forecast — because Kuraudia's fiscal fourth quarter (June–August) is the seasonal low season for weddings and is typically loss-making. The company therefore kept its conservative full-year view rather than raising guidance.
| Metric | 9M FY8/26 | 9M FY8/25 | YoY |
|---|---|---|---|
| Revenue (¥bn) | 11.15 | 10.77 | +3.5% |
| Operating profit (¥bn) | 1.14 | 0.734 | +55.5% |
| Ordinary profit (¥bn) | 1.19 | 0.741 | +60.0% |
| Net profit attrib. (¥bn) | 0.928 | 0.634 | +46.3% |
| EPS (¥) | 102.64 | 70.56 | +45.5% |
| Equity ratio | 36.2% | 31.4% | +4.8pp |
| FY8/26 net guidance (¥bn) | 0.350 | 0.312 | +12.1% |
JapanStockPulse provides informational content only and does not constitute investment advice. Figures are taken from the company's published earnings short report and may be subject to subsequent revision.