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INABA SEISAKUSHO, Aug-Apr (Cumulative 3Q) Ordinary Profit Decreases by 37%
3421 INABA SEISAKUSHO Co.,Ltd. 【J-GAAP】
Earnings ReportINABA SEISAKUSHO Co.,Ltd. <3421> [TSE Std] announced its financial results after the market closed on June 13th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending July 2025 (August 2024 to April 2025) dropped 36.8% from the same period last year to 1.77 billion yen. Progress toward the full-year plan of 2.07 billion yen was 85.8%, also surpassing the five-year average of 76.1%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the May to July period (4Q) is expected to significant drop 50.5% from the same period last year to 0.29 billion yen.
In the most recent three-month period, from February to April (3Q), the consolidated ordinary profit decreased to 1.07 billion yen, a 15.0% decrease compared to the same period last year. The operating profit margin decreased from 10.5% in the same period last year to 8.5%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Aug - Apr, 2022 | 31,623 | 2,251 | 2,523 | 1,581 | 95.9 | 81.2 | Jun 12, 2023 | J-GAAP |
| Aug - Apr, 2023 | 31,545 | 2,570 | 2,808 | 2,012 | 122.1 | 82.5 | Jun 14, 2024 | J-GAAP |
| Aug - Apr, 2024 | 31,639 | 1,530 | 1,776 | 1,214 | 75.3 | 85.8 | Jun 13, 2025 | J-GAAP |
| YoY | +0.3% | -40.5% | -36.8% | -39.7% | -38.4% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Feb - Jul, 2024 | 22,373 | 1,701 | 1,858 | 1,305 | 79.6 | 21 | Sep 13, 2024 | J-GAAP |
| Feb - Jul, 2025 Guidance | 22,917 | 1,216 | 1,369 | 970 | 61.1 | 21 | Mar 14, 2025 | J-GAAP |
| YoY | +2.4% | -28.5% | -26.3% | -25.7% | -23.3% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul, 2023 | 41,824 | 2,754 | 3,106 | 1,970 | 119.5 | 36 | Sep 13, 2023 | J-GAAP |
| Jul, 2024 | 42,414 | 3,064 | 3,402 | 2,441 | 148.9 | 37 | Sep 13, 2024 | J-GAAP |
| Jul, 2025 Guidance | 42,820 | 1,750 | 2,070 | 1,410 | 88.8 | 42 | Feb 28, 2025 | J-GAAP |
| YoY | +1.0% | -42.9% | -39.2% | -42.2% | -40.4% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Feb - Apr, 2024 | 11,504 | 1,207 | 1,264 | 876 | 53.2 | 10.5 | Jun 14, 2024 | J-GAAP |
| May - Jul, 2024 | 10,869 | 494 | 594 | 429 | 26.2 | 4.5 | Sep 13, 2024 | J-GAAP |
| Aug - Oct, 2024 | 9,997 | 334 | 416 | 270 | 16.8 | 3.3 | Dec 13, 2024 | J-GAAP |
| Nov - Jan, 2024 | 9,906 | 200 | 285 | 170 | 10.6 | 2.0 | Mar 14, 2025 | J-GAAP |
| Feb - Apr, 2025 | 11,736 | 996 | 1,075 | 774 | 48.0 | 8.5 | Jun 13, 2025 | J-GAAP |
| YoY | +2.0% | -17.5% | -15.0% | -11.6% | -9.7% |
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