kabutan

MERF Inc, Sep-May (Cumulative 3Q) Ordinary Profit Turns to Loss, Mar-May Ordinary Profit Turns to Loss

Fri Jul 11, 2025 3:30 pm JST Earnings

3168 MERF Inc. 【J-GAAP】

Earnings Report

MERF Inc. <3168> [TSE Std] announced its financial results after the market closed on July 11th (15:30). The consolidated ordinary profit/loss for the cumulative third quarter of the fiscal year ending August 2025 (September 2024 to May 2025) turned into a loss of 0.54 billion yen (compared to a profit of 1.23 billion yen in the same period last year).

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/loss for the June to August period (4Q) is expected to turn into a profit of 0.13 billion yen (compared to a loss of 0.19 billion yen in the same period last year).

In the most recent three-month period, from March to May (3Q), the consolidated ordinary profit/loss turned to a loss of 0.31 billion yen (compared to a profit of 1.09 billion yen in the same period last year). The operating profit/loss margin drastically worsened from 4.8% in the same period last year to -1.1%.

Kabutan News

Actual Results

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Sep - May, 2022 61,526 217 53 53 3.8 23.3 Jul 12, 2023 J-GAAP
Sep - May, 2023 57,759 1,499 1,235 603 42.7 119.1 Jul 12, 2024 J-GAAP
Sep - May, 2024 61,992 -375 -546 -388 -27.5 ー Jul 11, 2025 J-GAAP
YoY +7.3% － － － －

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar - Aug, 2024 46,662 1,017 898 519 36.8 10 Oct 11, 2024 J-GAAP
Mar - Aug, 2025 Guidance 39,027 -33 -182 -235 -16.6 10 Apr 11, 2025 J-GAAP
YoY -16.4% － － － －

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Aug, 2023 84,594 532 227 170 12.0 20 Oct 13, 2023 J-GAAP
Aug, 2024 82,070 1,450 1,037 532 37.7 20 Oct 11, 2024 J-GAAP
Aug, 2025 Guidance 82,091 -197 -409 -412 -29.1 20 Apr 11, 2025 J-GAAP
YoY +0.0% － － － －

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Mar - May, 2024 22,351 1,066 1,096 590 41.8 4.8 Jul 12, 2024 J-GAAP
Jun - Aug, 2024 24,311 -49 -198 -71 -5.0 -0.2 Oct 11, 2024 J-GAAP
Sep - Nov, 2024 21,350 14 32 32 2.3 0.1 Jan 14, 2025 J-GAAP
Dec - Feb, 2024 21,714 -178 -259 -209 -14.8 -0.8 Apr 11, 2025 J-GAAP
Mar - May, 2025 18,928 -211 -319 -211 -15.0 -1.1 Jul 11, 2025 J-GAAP
YoY -15.3% － － － －

Related Articles