Happinet announced on September 28 that it has upwardly revised its consolidated earnings forecast for the cumulative second quarter (April to September) of the fiscal year ending March 2027. Revenue is now expected to rise 15.0% from 200 billion yen to 230 billion yen, operating profit to increase 73.1% from 7.8 billion yen to 13.5 billion yen, ordinary profit to climb 68.8% from 8 billion yen to 13.5 billion yen, and net profit to jump 80.0% from 5 billion yen to 9 billion yen. In the toy business, lottery products for convenience stores and trading cards performed strongly, while in the amusement business, capsule toys grew significantly on the back of hit products, and both revenue and each profit measure are now expected to exceed the previous forecast. The company said it has not revised its full-year consolidated earnings forecast because the outlook for the Christmas and year-end and New Year shopping season, the largest sales period for the group, remains uncertain at this point.
Happinet CorporationHappinet upwardly revised its Q2 consolidated earnings forecast, with net profit now expected to jump 80.0% to 9 billion yen.
