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SAKAI Holdings, First Half Ordinary Profit Decreases by 1%
9446 SAKAI Holdings CO.,LTD 【J-GAAP】
Earnings ReportSAKAI Holdings CO.,LTD <9446> [TSE Std] announced its financial results after the market closed on May 14th (16:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending September 2025 (October 2024 to March 2025) was 0.47 billion yen, a 1.5% decrease compared to the same period last year. The progress rate toward the full-year plan of 1.03 billion yen was 46.0%, which was higher than the five-year average of 39.3%.
Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the April to September period (2H) is expected to drop 33.9% from the same period last year to 0.55 billion yen.
In the most recent three-month period, from January to March (2Q), the consolidated ordinary profit amounted to 0.31 billion yen, an increase of 3.0% compared to the same period last year. However, the operating profit margin remained almost flat, changing from 8.3% in the same period last year to 8.2%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2022 | 7,613 | 611 | 558 | 411 | 39.8 | 45.2 | May 12, 2023 | J-GAAP |
| Oct - Mar, 2023 | 7,639 | 513 | 481 | 331 | 32.0 | 36.4 | May 15, 2024 | J-GAAP |
| Oct - Mar, 2024 | 8,234 | 531 | 474 | 304 | 31.2 | 46.0 | May 14, 2025 | J-GAAP |
| YoY | +7.8% | +3.5% | -1.5% | -8.2% | -2.6% |
First Half Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2024 Guidance | 7,606 | 479 | 415 | 243 | 24.8 | 10 | Nov 14, 2024 | J-GAAP |
| Oct - Mar, 2024 Results | 8,234 | 531 | 474 | 304 | 31.2 | 10 | May 14, 2025 | J-GAAP |
| Revision Rate | +8.3% | +10.9% | +14.2% | +25.1% | +25.8% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2024 | 7,845 | 893 | 841 | 991 | 97.4 | 14 | Nov 14, 2024 | J-GAAP |
| Apr - Sep, 2025 Guidance | 6,803 | 629 | 556 | 360 | 47.9 | 10 | May 14, 2025 | J-GAAP |
| YoY | -13.3% | -29.6% | -33.9% | -63.7% | -50.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Sep, 2023 | 14,848 | 1,343 | 1,234 | 815 | 78.7 | 25 | Nov 10, 2023 | J-GAAP |
| Sep, 2024 | 15,484 | 1,406 | 1,322 | 1,322 | 129.9 | 24 | Nov 14, 2024 | J-GAAP |
| Sep, 2025 Guidance | 15,037 | 1,160 | 1,030 | 664 | 88.4 | 20 | Nov 14, 2024 | J-GAAP |
| YoY | -2.9% | -17.5% | -22.1% | -49.8% | -32.0% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2024 | 3,765 | 314 | 302 | 162 | 15.7 | 8.3 | May 15, 2024 | J-GAAP |
| Apr - Jun, 2024 | 3,659 | 333 | 303 | 213 | 20.7 | 9.1 | Aug 1, 2024 | J-GAAP |
| Jul - Sep, 2024 | 4,186 | 560 | 538 | 778 | 76.5 | 13.4 | Nov 14, 2024 | J-GAAP |
| Oct - Dec, 2024 | 3,931 | 180 | 163 | 107 | 11.0 | 4.6 | Feb 13, 2025 | J-GAAP |
| Jan - Mar, 2025 | 4,303 | 351 | 311 | 197 | 20.2 | 8.2 | May 14, 2025 | J-GAAP |
| YoY | +14.3% | +11.8% | +3.0% | +21.6% | +29.0% |
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