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Sekichu raises full-year operating profit forecast to ¥600 million after first-half beat

Tue, Sep 29, 2026 16:00 JST Sekichu Co., Ltd. (9976.T) Home improvement retail 中文

Sekichu Co., Ltd. (9976), a home center operator, on Sept. 29 raised its operating profit forecast for the fiscal year ending Feb. 20, 2027 to ¥600 million from ¥500 million, after first-half operating profit of ¥637 million topped its earlier ¥450 million forecast by 41.6%.

Revised FY operating profit¥600 million (from ¥500 million)
First-half operating profit¥637 million
First-half net profit¥401 million
Annual dividend forecast¥30 per share

For the six months from Feb. 21 to Aug. 20, 2026, operating revenue fell 1.7% from a year earlier to ¥15.8 billion, slightly above the ¥15.5 billion forecast. Operating profit rose 21.7%, ordinary profit rose 17.8% to ¥624 million, and interim net profit rose 22.3% to ¥401 million, or ¥73.81 per share.

The company said revenue declined mainly because of unseasonable summer weather. Profits improved on strong sales in its relatively high-margin DIY division, higher rental income from tenant recruitment that lifted gross operating profit, and cost control through more efficient promotions as personnel expenses rose. Sales of DIY products rose 1.4% to ¥8.28 billion, while car, bicycle and leisure goods fell 10.2% to ¥2.31 billion.

ItemPrevious forecastRevised forecast
Operating revenue¥30.0 billion¥30.0 billion
Operating profit¥500 million¥600 million
Ordinary profit¥550 million¥600 million
Net profit¥350 million¥350 million

The revision reflects first-half progress and planned second-half investments including store renovations. The revised operating profit forecast is still 3.1% below the previous fiscal year's ¥619 million, and the unchanged net profit forecast is 12.5% below last year's ¥400 million. Sekichu kept its year-end dividend forecast at ¥30 per share.

The company plans to file its semi-annual securities report on Sept. 30, 2026.


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