Tetsujinka Holdings Co., Ltd. (TSE: 2404) reported consolidated results for the nine months to May 31, 2026 (the first three quarters of its fiscal year ending August 2026) under Japanese GAAP. Revenue rose 27.4% to ¥7,745 million, operating profit more than doubled — up 105.4% to ¥452 million — ordinary profit rose 81.2% to ¥472 million and net profit attributable to owners of the parent climbed 35.9% to ¥411 million. Basic earnings per share were ¥30.80, up from ¥22.94 a year earlier.
Consumer demand and an acquisition
Tetsujinka runs consumer-facing (BtoC) businesses centred on its "Karaoke no Tetsujin" karaoke chain and related leisure-space operations. The group said it maintained firm demand as consumer spending recovered, while pursuing profitability-focused management and selective investment in higher-margin businesses. During the period it added Vancool Promotion to its scope of consolidation, one of a group of 13 consolidated subsidiaries.
Margin discipline amid cost pressure
Profit grew far faster than sales as the group worked to improve margins despite rising tenant rents, labour and recruitment costs, and higher raw-material and logistics expenses. Efficiency gains in daily operations and back-office productivity supported the sharp increase in operating profit. Comprehensive income rose 44.8% to ¥439 million.
Guidance already surpassed
The nine-month net profit of ¥411 million has already exceeded the company's full-year net-profit guidance of ¥409 million. For the full year to August 2026 management still guides revenue of ¥9,679 million (+20.3%), operating profit of ¥400 million (+89.4%), ordinary profit of ¥400 million (+51.1%) and net profit of ¥409 million (+22.0%), with EPS of ¥30.52; the forecast was left unchanged. Total assets stood at ¥5,642 million, for an equity ratio of 18.7%. No dividend is planned.
| Metric | 9M FY8/2026 | 9M FY8/2025 | YoY |
|---|---|---|---|
| Revenue (¥ billion) | 7.75 | 6.08 | +27.4% |
| Operating profit (¥ billion) | 0.45 | 0.22 | +105.4% |
| Ordinary profit (¥ billion) | 0.47 | 0.26 | +81.2% |
| Net profit attrib. to owners (¥ billion) | 0.41 | 0.30 | +35.9% |
| Basic EPS (¥) | 30.80 | 22.94 | +34.3% |
| FY26 net profit guidance (¥ billion) | 0.41 | 0.34 | +22.0% |
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.