YAMANO HOLDINGS CORPORATION [7571.T]
TOKYO, May 15 (Pulse News Wire) – Yamano Holdings Corporation (7571.T) reported its fiscal year 2026 earnings, which exceeded previous forecasts released on May 15, 2025. The company's consolidated revenue for the fiscal year ending March 31, 2026, was higher than anticipated, driven by strong performance in education services within the New Value segment and contributions from newly acquired subsidiaries, such as Kusshishi Studio Co., Ltd.
And New York Joe Exchange Co., Ltd. Despite exceeding sales targets, Yamano Holdings fell short of profit expectations due to significant merger-related expenses amounting to ¥93 million and increased amortization costs. Additionally, the recognition of impairment losses on fixed assets totaling ¥32 million and the unwinding of deferred tax assets worth ¥11 million further impacted net income.
In individual performance metrics, Yamano Holdings saw substantial growth in sales and profits compared to the previous fiscal year. Sales grew by 16.7%, while operating profit surged by 96.3%. This robust performance was attributed to improved efficiency in traditional wedding jewelry operations and recovery in the Life Plus division, alongside the successful integration of Yamano Plus Co., Ltd., a subsidiary absorbed through a merger effective October 1, 2025.
--- The company’s management highlighted that despite challenges in profitability, the overall positive trend in sales and operational improvements across key segments bodes well for future growth prospects.
🟢 Confidence: High AI-translated content.