TOKYO, Apr 07 (Pulse News Wire) – Career Bank Co., Ltd. (4834.T) reported a lower net profit attributable to parent shareholders of ¥9 billion for the third quarter ending February 28, 2026, compared to a profit of ¥43 billion in the same period last year.
Despite strong sales growth of 48.3%, revenue decreased to ¥3.691 billion from ¥3.821 billion due to higher operating expenses. The company's earnings were impacted by the sale of its entire stake in Eco-Mic Corporation, resulting in a significant reduction in equity income. Additionally, the firm recorded a ¥40 million gain from securities disposal but faced a ¥54 million provision for executive retirement benefits. Operating profit rose to ¥125.9 million from ¥86.8 million, while ordinary profit reached ¥125.9 million from ¥86.9 million.
In terms of financial position, total assets grew by 35.2% to ¥3.942 billion, driven primarily by increases in accounts receivable and contract assets. However, liabilities also surged by 35.2% to ¥2.858 billion, mainly due to higher short-term borrowings and provisions for executive retirements. Equity decreased by 18.7% to ¥1.1 million, reflecting the lower net profit and reduced retained earnings. Looking ahead, the company revised its annual forecast, now expecting revenues of ¥14.89 billion, operating profit of ¥1.06 billion, ordinary profit of ¥1.03 billion, and a lower net profit of ¥8 million per share.
The revision comes amid ongoing economic uncertainties influenced by geopolitical tensions and trade policies.
🟡 Confidence: Standard AI-translated content.