For the interim period of the fiscal year ending March 2027, consolidated net sales were 880,247 million yen (Year-over-Year 10.0% increase), operating income was 28,624 million yen (YoY 32.1% increase), and interim net income attributable to owners of parent was 21,562 million yen (YoY 69.0% increase). The full-year earnings guidance for 2027 has been revised and published. An asset disposal project is underway, progress continues on integration with EDION, and the company is accelerating sales of non-core assets.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"9831","jir_company_name":"Yamada Holdings Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-11-06","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/11\/9831-20261106-01.pdf","jir_short_summary":"For the interim period of the fiscal year ending March 2027, consolidated net sales were 880,247 million yen (Year-over-Year 10.0% increase), operating income was 28,624 million yen (YoY 32.1% increase), and interim net income attributable to owners of parent was 21,562 million yen (YoY 69.0% increase). The full-year earnings guidance for 2027 has been revised and published. An asset disposal project is underway, progress continues on integration with EDION, and the company is accelerating sales of non-core assets.","jir_summary":"### Overview of Results\nYamada Holdings Co., Ltd. achieved significant profit growth in the interim period of the fiscal year ending March 2027, with net sales of 880,247 million yen, operating income of 28,624 million yen, ordinary income of 30,090 million yen, and interim net income attributable to owners of parent of 21,562 million yen compared with the same period last year. By segment, increases in both sales and profits were observed in Electronics, Housing & Construction, Environment, Financial Services, and Others. In particular, the Electronics segment benefited from tailwinds in air conditioner demand and the strengthened rollout of private brand (PB) \/ SPA products. Supplementary materials for the earnings release will be prepared and an earnings briefing will be held.\n\n### Outlook and Capital Policy\nThe full-year earnings forecast for the fiscal year ending March 2027 has been revised and published, reflecting progress in the asset disposal project. The company plans to sell non-core assets to improve total asset turnover and enhance capital efficiency, targeting early achievement of a PBR above 1.0x. Progress on the integration with EDION, as well as store reform and e-commerce enhancement, are being promoted as part of a strategy for sustainable growth. The dividend policy is based on a consolidated payout ratio of 40% or more, while balancing retained earnings and growth investments.","jir_financial_highlights":"Net Sales: 880,247 (Year-over-Year 10.0% increase)\nOperating Income: 28,624 (Year-over-Year 32.1% increase)\nOrdinary Income: 30,090 (Year-over-Year 25.4% increase)\nInterim Net Income Attributable to Owners of Parent: 21,562 (Year-over-Year 68.7% increase)\nEquity Ratio: 48.9 (0.3 percentage points increase from prior period)","jir_category":"","jir_hashtags":"#YamadaHoldings, #Earnings, #AssetDisposalProject, #LIFESELECT, #EDIONIntegration","jir_key_figures":"Net Sales: 880,247 million yen (Year-over-Year 10.0% increase)\nOperating Income: 28,624 million yen (Year-over-Year 32.1% increase)\nInterim Net Income Attributable to Owners of Parent: 21,562 million yen (Year-over-Year 68.7% increase)","jir_meta_title":"Yamada Holdings Co., Ltd. Q2 Financial Summary | Net Sales 880,247 million yen, Operating Income over 28,624 million yen, Guidance Revised","jir_meta_description":"Yamada Holdings Co., Ltd. Q2 (interim) results for the fiscal year ending March 2027: net sales 880,247 million yen, operating income 28,624 million yen, net income 21,562 million yen. Summary of guidance revisions, asset disposal progress, and EDION integration. Also covers dividend policy and growth strategy.","jir_og_title":"Key Points and Outlook from Yamada Holdings Co., Ltd. Q2 Financial Results","jir_og_description":"Yamada Holdings' interim results show profit growth. Summarizes progress on the asset disposal project, EDION integration, advancement of the LIFE SELECT strategy, and thinking on the dividend policy.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[{\"jir_chart_id\": \"revenue_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Net Sales Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"2026\/04\\\",\\\"2026\/07\\\",\\\"2026\/09\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Net Sales\\\",\\\"data\\\":[800099,880247,880247]}]},\\\"options\\\":{}}\"}, {\"jir_chart_id\": \"operating_profit_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Operating Income Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"2026\/04\\\",\\\"2026\/07\\\",\\\"2026\/09\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Operating Income\\\",\\\"data\\\":[21671,28624,28624]}]},\\\"options\\\":{}}\"}, {\"jir_chart_id\": \"segment_revenue_breakdown\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Revenue by Segment\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Electronics\\\",\\\"Housing & Construction\\\",\\\"Financial Services\\\",\\\"Environment\\\",\\\"Others\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"External Customer Sales\\\",\\\"data\\\":[696588,162346,1963,13814,5434]}]},\\\"options\\\":{}}\"}, {\"jir_chart_id\": \"margin_analysis\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Segment Profit Analysis\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Electronics\\\",\\\"Housing & Construction\\\",\\\"Financial Services\\\",\\\"Environment\\\",\\\"Others\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Segment Profit\\\",\\\"data\\\":[24093,2607,579,1206,84]}]},\\\"options\\\":{}}\"}, {\"jir_chart_id\": \"guidance_comparison\", \"jir_chart_type\": \"table\", \"jir_chart_title\": \"Full-Year Forecast vs Interim Results\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"table\\\",\\\"data\\\":[{\\\"item\\\":\\\"Net Income Attributable to Owners of Parent\\\",\\\"actual\\\":21562,\\\"forecast\\\":\\\"Unknown\\\"}]}\"}]","ir_related_company":7896,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-142444","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n