HS Holdings First Quarter Earnings Report｜Sales of 16.9 billion yen (76.1% YoY increase)

Performance Overview

HS Holdings recorded sales of 16,941 million yen (76.1% increase) and ordinary income of 4,750 million yen (17.2% increase) in the first quarter of fiscal 2027. Mainly driven by overseas financial businesses, bank-related operations and the reuse business performed steadily. In bank-related segments, Mongolian Haan Bank and Kyrgyzstan’s Comptoir Bank reported resilient performance. The reuse business also expanded market share and increased stores, contributing to favorable results. Net income was 315 million yen (13.8% decrease), while comprehensive income surged 432.7% to 3,785 million yen.

Outlook and Shareholder Impact

Our company’s overseas financial operations are susceptible to market environments and may be influenced by future economic and geopolitical risks. Due to the potential decline in Haan Bank's equity ratio and uncertainties in overseas economies, our full-year earnings forecast has not been disclosed. Shareholder returns are also undecided; however, we will continue to focus on business expansion and risk management to pursue sustainable growth.