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Gifu landscape architect, First Half Ordinary Profit Decreases by 5%, Jan-Mar Ordinary Profit Decreases by 6%
1438 Gifu landscape architect Co.,Ltd. 【J-GAAP】
Earnings ReportGifu landscape architect Co.,Ltd. <1438> [TSE Std] announced its financial results in the afternoon session on May 15th (15:20). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending September 2025 (October 2024 to March 2025) decreased 5.2% from the same period last year to 330 million yen. The progress rate toward the full-year plan of 502 million yen was 65.7%, below the five-year average of 72.4%.
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 expand 60.7% from the same period last year, reaching 172 million yen.
In the most recent three-month period, from January to March (2Q), the consolidated ordinary profit decreased to 162 million yen, a 6.4% decrease compared to the same period last year. The operating profit margin decreased from 13.2% in the same period last year to 10.8%.
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 | 2,553 | 252 | 256 | 169 | 53.0 | 64.3 | May 12, 2023 | J-GAAP |
| Oct - Mar, 2023 | 2,692 | 344 | 348 | 243 | 76.0 | 76.5 | May 10, 2024 | J-GAAP |
| Oct - Mar, 2024 | 3,024 | 324 | 330 | 223 | 69.1 | 65.7 | May 15, 2025 | J-GAAP |
| YoY | +12.3% | -5.8% | -5.2% | -8.2% | -9.1% |
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 | 2,880 | 236 | 242 | 162 | 50.0 | 18 | Nov 14, 2024 | J-GAAP |
| Oct - Mar, 2024 Results | 3,024 | 324 | 330 | 223 | 69.1 | 18 | May 15, 2025 | J-GAAP |
| Revision Rate | +5.0% | +37.3% | +36.4% | +37.7% | +38.2% |
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 | 2,506 | 103 | 107 | 97 | 30.2 | 15 | Nov 14, 2024 | J-GAAP |
| Apr - Sep, 2025 Guidance | 2,976 | 165 | 172 | 113 | 34.9 | 18 | May 15, 2025 | J-GAAP |
| YoY | +18.8% | +60.2% | +60.7% | +16.5% | +15.4% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Sep, 2023 | 5,002 | 390 | 398 | 298 | 93.3 | 25 | Nov 10, 2023 | J-GAAP |
| Sep, 2024 | 5,198 | 447 | 455 | 340 | 105.8 | 30 | Nov 14, 2024 | J-GAAP |
| Sep, 2025 Guidance | 6,000 | 489 | 502 | 336 | 103.6 | 36 | Nov 14, 2024 | J-GAAP |
| YoY | +15.4% | +9.4% | +10.3% | -1.2% | -2.1% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2024 | 1,299 | 172 | 173 | 122 | 38.1 | 13.2 | May 10, 2024 | J-GAAP |
| Apr - Jun, 2024 | 1,155 | 87 | 90 | 59 | 18.4 | 7.5 | Aug 9, 2024 | J-GAAP |
| Jul - Sep, 2024 | 1,351 | 16 | 17 | 38 | 11.8 | 1.2 | Nov 14, 2024 | J-GAAP |
| Oct - Dec, 2024 | 1,534 | 163 | 168 | 115 | 35.6 | 10.6 | Feb 14, 2025 | J-GAAP |
| Jan - Mar, 2025 | 1,490 | 161 | 162 | 108 | 33.4 | 10.8 | May 15, 2025 | J-GAAP |
| YoY | +14.7% | -6.4% | -6.4% | -11.5% | -12.3% |
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