Shibuya Corp reports Y6.45 billion nine-month net profit
Updated
Updated · MarketWatch · May 8
Shibuya Corp reports Y6.45 billion nine-month net profit
5 articles · Updated · MarketWatch · May 8
For the nine months ended 31 March 2026, revenue rose to Y96.52 billion from Y93.97 billion, while earnings per share fell to Y233.11 from Y275.14.
Operating profit declined to Y8.22 billion from Y10.67 billion, pretax profit slipped to Y8.56 billion from Y10.64 billion, and net profit fell from Y7.61 billion a year earlier.
The Japanese company said the results were prepared under Japanese accounting standards, showing stronger sales but weaker profitability over the latest nine-month period.
With sales booming, why are profits plummeting for Japanese manufacturers like Shibuya Corp?
As a weak yen no longer guarantees success, how can Japan's export giants reclaim their profitability?