Yamada Consulting Group <4792> announced its consolidated financial results for the second quarter of the fiscal year ending March 2025 (April to September of 24th year) on the 6th. The revenue increased by 8.3% year-on-year to 12.422 billion yen, operating profit increased by 83.3% to 2.897 billion yen, ordinary profit increased by 74.3% to 2.827 billion yen, and net income attributable to the parent company's shareholders increased by 49.5% to 1.908 billion yen.
Revenue from the consulting business increased by 35.3% year-on-year to 10.147 billion yen, gross profit increased by 37.7% to 9.082 billion yen, and operating profit increased by 103.6% to 1.886 billion yen. In the M&A advisory business, the number of M&A deal inquiries and orders progressed well, leading to successful performance in realizing revenue from large-scale projects. In the management consulting and real estate consulting businesses, consultations and orders continued to progress well, resulting in a favorable performance.
Revenue from the investment business decreased by 42.6% to 2.279 billion yen, gross profit increased by 47.5% to 1.142 billion yen, and operating profit increased by 53.7% to 1.01 billion yen. The significant increase was due to the sale of fund investment stocks in the unlisted stock investment business and the profit from the sale of investment properties in the real estate investment business. The progress rate of operating profit for the full-year performance estimate during the interim consolidated accounting period stands at 105.2%, as all the anticipated sales of investment stocks were realized in the first quarter as projected for the full-year performance estimate.
The consolidated performance forecast for the full year ending in March 2025 is expected to remain the same as the initial plan, with revenue of JPY 21.1 billion, a 4.8% decrease from the previous year. Operating profit is expected to increase by 1.8% to JPY 3.73 billion, ordinary profit is expected to increase by 0.1% to JPY 3.73 billion, and net income attributable to the parent company's shareholders is expected to increase by 0.2% to JPY 2.87 billion.