Greens Co. Revenue Rises to ¥28.5 Billion as Net Profit Slips

Revenue Growth and Operating Margins

The Tokyo-listed hospitality firm saw its top-line revenue climb to ¥28.50 billion, up from ¥25.28 billion a year earlier. This growth translated into a robust operating performance, with operating profit rising nearly 35% to reach ¥5.33 billion. Pretax figures followed a similar trajectory, matching the operating profit at ¥5.33 billion compared to ¥3.86 billion in the prior period, according to the company's financial statement.

Despite the strong operational gains, the company's bottom line faced pressure. Net profit for the six-month period settled at ¥3.52 billion, representing a year-on-year decline. Consequently, earnings per share dropped to ¥253.57, down from the ¥270.33 reported in the first half of 2024.

The results, which are based on Japanese accounting standards, reflect a period of high activity for the operator. While the company successfully expanded its revenue base, the discrepancy between operating growth and net profit suggests higher non-operating costs or tax adjustments compared to the previous fiscal cycle.