The company’s revenue climbed to 22.79 billion yen, up from 22.48 billion yen a year earlier. Operating profit also saw growth, reaching 1.05 billion yen compared to the 1.01 billion yen reported in the previous fiscal cycle. Despite these top-line gains, pretax profit dipped to 914 million yen from 1.07 billion yen, reflecting shifting cost structures under Japanese accounting standards. Earnings per share reached 7.94 yen, a significant recovery from the loss of 3.94 yen per share posted in the prior year.
Matsuya Co. Returns to Profitability in First Half
Tokyo-based retailer Matsuya Co. swung to a net profit of 402 million yen for the six months ending August 31, successfully reversing a loss of 209 million yen recorded during the same period last year. The department store operator reported a modest revenue increase alongside a steady rise in operating profit.
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