Recurring profit surged 2.1x for 9 months and 6.0x in Q3, with margin improvement, though full-year forecast unchanged.
West Holdings announced that cumulative consolidated recurring profit for the first three quarters of the fiscal year ending August 2026, covering September 2025 to May 2026, surged 2.1 times year on year to 3.39 billion yen. This represents a progress rate of 35.1 percent against the full-year forecast of 9.67 billion yen, roughly in line with the five-year average of 36.7 percent. For the March-to-May third quarter, consolidated recurring profit skyrocketed 6.0 times year on year to 2.83 billion yen, with the operating profit margin on sales improving sharply to 23.4 percent from 8.2 percent a year earlier. Based on the unchanged full-year forecast, the implied consolidated recurring profit for the June-to-August fourth quarter would be 6.27 billion yen, down 1.6 percent year on year.
Recurring profit surged 2.1x for 9 months and 6.0x in Q3, with margin improvement, though full-year forecast unchanged.