Yamada Holdings announced its first-quarter results for the fiscal year ending March 2027, with net sales of 420.218 billion yen (up 11.3% year-on-year) and ordinary income of 16.774 billion yen (up 14.5% year-on-year), marking growth in both revenue and profit. The electronics business accounted for over 80% of sales, driven by early replacement demand due to the 2027 air conditioner issue and record-high temperatures creating a special demand for air conditioners, which also boosted sales of large home appliances such as TVs and refrigerators, as well as non-appliance categories. On the other hand, the housing and construction segment saw a significant decline in operating profit, down 87.8%, but the full-year forecast remains unchanged. Additionally, for the shareholder benefit program with a record date at the end of September, shareholders holding 100 shares or more will receive shopping vouchers, with more generous terms for those holding less than 1,000 shares compared to the end of March.
Yamada Holding Co., Ltd.Q1 revenue and profit growth driven by strong demand for air conditioners and large home appliances due to heat and replacement demand.
