Yellow Hat annual net profit rises as revenue reaches Y171.28bn

4 articles · Updated · MarketWatch · May 8

For the year ended 31 March, net profit increased to Y11.97bn from Y11.26bn, while earnings per share rose to Y137.86 from Y123.55.
Operating profit slipped to Y15.09bn from Y15.45bn and pretax profit edged down to Y16.58bn from Y16.84bn, despite stronger sales.
The Japanese retailer reported the results under Japanese accounting standards, with diluted earnings improving to Y137.36 from Y123.11.

As sales soared, why did Yellow Hat’s core profitability falter amid Japan’s auto market slowdown?

With digital bookings up 153%, can Yellow Hat pivot its business for the coming electric vehicle aftermarket boom?