Profit doubles
Tetsujinka Holdings Inc. (TSE: 2404) reported consolidated results for FY8/2026, the twelve months from September 1, 2025 to August 31, 2026, on October 15, 2026 under Japanese GAAP. Net sales rose 30.1% to ¥10,462 million, operating profit 101.1% to ¥424 million and ordinary profit 73.2% to ¥458 million. Net profit attributable to owners of the parent increased 28.6% to ¥431 million, or ¥32.33 per share against ¥25.40, after a ¥217 million gain on the sale of fixed assets and ¥139 million of impairment losses. In the fourth quarter the group also spent on store equipment and topped up its bonus provision to reward and retain staff.
On October 31, 2025 the group acquired Vingt-Cœur Promotion, which supplies staff and event and campaign support mainly to the mobile-phone industry, and added it as a new reporting segment; anime and other collaboration rooms, previously in Other, are now part of karaoke.
Segment results
Karaoke room sales fell 12.1% to ¥3,600 million and segment profit 6.5% to ¥433 million, as late-night and after-party use stayed weak and rents, labour and energy costs rose; comparable stores grew sales 4.3%, and the chain opened four Collabo Mix rooms themed on anime and games, mainly in regional cities. Restaurants, including the Naokyu ramen chain, grew sales 23.1% to ¥2,403 million and profit 25.2% to ¥171 million. The eyelash and nail salons of the Beauty segment grew sales 9.8% to ¥2,087 million and profit 39.8% to ¥92 million, with 13 openings and four closures. The new staffing and event-promotion segment contributed sales of ¥2,283 million and profit of ¥226 million.
Balance sheet and cash flow
Total assets rose to ¥5,505 million from ¥4,503 million and net assets to ¥1,205 million from ¥656 million, lifting the equity ratio to 19.5% from 14.3%. Operating cash flow was ¥400 million, and cash and equivalents ended the year at ¥1,431 million, up ¥451 million.
Outlook and dividend
For FY8/2027 Tetsujinka forecasts net sales of ¥10,909 million (+4.3%), operating profit of ¥573 million (+34.9%), ordinary profit of ¥566 million (+23.5%) and net profit of ¥440 million (+1.9%). It plans to keep expanding Collabo Mix rooms nationwide and to automate payment at its stores. It paid no dividend for FY8/2026 and plans none for FY8/2027.
| Metric | FY8/2026 | FY8/2025 | Change |
|---|---|---|---|
| Net sales (¥ million) | 10,462 | 8,043 | +30.1% |
| Operating profit (¥ million) | 424 | 211 | +101.1% |
| Ordinary profit (¥ million) | 458 | 264 | +73.2% |
| Net profit attrib. to owners of parent (¥ million) | 431 | 335 | +28.6% |
| EPS (¥) | 32.33 | 25.40 | +27.3% |
| Karaoke rooms — revenue (¥ million) | 3,600 | 4,094 | −12.1% |
| Karaoke rooms — segment profit (¥ million) | 433 | 464 | −6.5% |
| Restaurants — revenue (¥ million) | 2,403 | 1,952 | +23.1% |
| Restaurants — segment profit (¥ million) | 171 | 137 | +25.2% |
| Beauty — revenue (¥ million) | 2,087 | 1,901 | +9.8% |
| Beauty — segment profit (¥ million) | 92 | 66 | +39.8% |
| Staffing & event promotion — revenue (¥ million) | 2,283 | — | new |
| Staffing & event promotion — segment profit (¥ million) | 226 | — | new |
| Total assets (¥ million) | 5,505 | 4,503 | +22.3% |
| Net assets (¥ million) | 1,205 | 656 | +83.7% |
| Equity ratio | 19.5% | 14.3% | +5.2 pt |
| FY8/2027 guidance — revenue (¥ million) | 10,909 | — | +4.3% |
| FY8/2027 guidance — operating profit (¥ million) | 573 | — | +34.9% |
| FY8/2027 guidance — ordinary profit (¥ million) | 566 | — | +23.5% |
| FY8/2027 guidance — net profit (¥ million) | 440 | — | +1.9% |
| Annual dividend per share (¥) | 0.00 | 0.00 | unchanged |
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.