TOKYO, May 14 (Pulse News Wire) – TEAR Corporation (2485.T) reported its second consecutive quarter of reduced revenue and profits for the six months ending September 2026. Revenue fell by 13%, reaching ¥10.2 billion, while overall sales declined by 16% to ¥11.4 billion compared to the same period last year.
In the funeral services sector, despite the positive impact of new store openings, existing stores saw a decline in funerals performed, resulting in a total of 1,247 cases, down 11% year-over-year. Funeral service prices also decreased by 12%. New franchises opened two locations, while one existingstore was relocated and closed, bringing the total number of operated facilities to 222 (directly managed: 97, franchises: 75, Hakkōdenn: 21, Tokai Ceremony: 26, Tier Hokkaido: 3).
Operational costs increased due to higher fixed expenses and additional advertising and promotional spending. As a result, operating profit dropped by 28.84% to ¥10 billion, ordinary profit fell by 28.84% to ¥9 million, and net income attributable to parent shareholders decreased by 40% to ¥5 billion. Other businesses such as real estate transactions showed growth, contributing ¥8 billion to revenues, up 33% year-over-year.
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