Sanrio reported its first-quarter results for the fiscal year ending March 2027, with revenue and operating profit reaching record highs for a quarter. Revenue rose 20.7 percent year on year to 52.035 billion yen, operating profit increased 11.1 percent to 22.435 billion yen, recurring profit grew 12.0 percent to 22.624 billion yen, and quarterly net profit climbed 9.3 percent to 15.516 billion yen. The full-year outlook was left unchanged, with plans for revenue of 229.8 billion yen and operating profit of 89.5 billion yen. The stock hit a year-to-date high of 1,470 yen during the trading session before the announcement, but plunged in after-hours trading following the earnings release.
Sanrio Co. Ltd.Record Q1 results but shares plunged after hours, likely due to unchanged full-year outlook and profit-taking after hitting year-to-date high.
