Joyful Honda Cuts Sales Outlook but Lifts Bottom-Line Forecast on Honda Co. Acquisition Gain

Joyful Honda Co. Ltd. ( (JP:3191) ) just unveiled an announcement.

Joyful Honda revised its full-year forecast for the period ending June 20, 2026, switching from non-consolidated to consolidated guidance that now incorporates subsidiary Honda Co., Ltd. While net sales, operating profit, and ordinary profit are all expected to come in below the prior plan due to weaker demand for disaster-prevention goods, reduced sales of seasonal products amid abnormal weather, and consumer spending restraint in response to inflation, profit attributable to owners of the parent is projected to exceed the earlier forecast, supported by an extraordinary gain on bargain purchase from the Honda Co. share acquisition. The company has also withdrawn its standalone non-consolidated forecast and will provide only consolidated guidance going forward, with Honda Co.’s balance sheet already consolidated from the second quarter and its income statement set to be consolidated from the third quarter, signaling a clearer focus on group-wide performance for investors and other stakeholders.

The most recent analyst rating on (JP:3191) stock is a Hold with a Yen2294.00 price target. To see the full list of analyst forecasts on Joyful Honda Co. Ltd. stock, see the JP:3191 Stock Forecast page.

More about Joyful Honda Co. Ltd.

Joyful Honda Co., Ltd. is a Japanese retailer listed on the Tokyo Stock Exchange Prime Market (code 3191), operating a chain of large-format stores that sell a broad range of home-related and lifestyle products. The company is expanding its footprint through new store openings and consolidation of subsidiaries such as Honda Co., Ltd., aiming to strengthen its position in the domestic retail and home-improvement market.

Average Trading Volume: 144,257

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen127B

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