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JASON, Ordinary Profit Forecast for the Fiscal Year Revised Downward to an Unexpected 23% Decrease
3080 JASON CO.,LTD. 【J-GAAP】
Earnings ReportJASON CO.,LTD. <3080> [TSE Std] announced its financial results after the market closed on July 14th (16:00). The consolidated ordinary profit for the first quarter of the fiscal year ending February 2026 (March to May) significantly dropped 52.6% from the same period last year to 153 million yen.
In addition, the full-year forecast for consolidated ordinary profit has decreased 45.0%, from the previous forecast of 800 million yen to 440 million yen (compared to 573 million yen in the previous period). This changes the outlook from an anticipated profit increase to a projection of a 23.2% decrease in profit.
At the same time, the March to August period (first half) consolidated ordinary profit has decreased 49.2%, from the previous forecast of 630 million yen to 320 million yen (compared to 559 million yen in the same period of the previous year). This changes the outlook from an anticipated profit increase to a projection of a 42.8% decrease in profit.
In the most recent three-month period, from March to May (1Q), the operating profit margin worsened from 4.3% in the same period last year to 2.1%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar - May, 2023 | 7,293 | 360 | 369 | 230 | 18.0 | 53.5 | Jul 13, 2023 | J-GAAP |
| Mar - May, 2024 | 7,213 | 313 | 323 | 198 | 15.5 | 57.8 | Jul 11, 2024 | J-GAAP |
| Mar - May, 2025 | 6,870 | 147 | 153 | 89 | 7.0 | 47.8 | Jul 14, 2025 | J-GAAP |
| YoY | -4.8% | -53.0% | -52.6% | -55.1% | -55.1% |
Guidance Update
First Half Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar - Aug, 2025 Prev | 15,600 | 620 | 630 | 400 | 31.2 | 0 | Apr 14, 2025 | J-GAAP |
| Mar - Aug, 2025 New | 15,100 | 310 | 320 | 170 | 13.3 | 0 | Jul 14, 2025 | J-GAAP |
| Revision Rate | -3.2% | -50.0% | -49.2% | -57.5% | -57.5% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Feb, 2026 Prev | 31,000 | 770 | 800 | 500 | 39.0 | 13 | Apr 14, 2025 | J-GAAP |
| Feb, 2026 New | 29,900 | 410 | 440 | 230 | 18.0 | 13 | Jul 14, 2025 | J-GAAP |
| Revision Rate | -3.5% | -46.8% | -45.0% | -54.0% | -54.0% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar - Aug, 2024 | 15,033 | 542 | 559 | 340 | 26.6 | 0 | Oct 15, 2024 | J-GAAP |
| Mar - Aug, 2025 Guidance | 15,100 | 310 | 320 | 170 | 13.3 | 0 | Jul 14, 2025 | J-GAAP |
| YoY | +0.4% | -42.8% | -42.8% | -50.0% | -50.0% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Feb, 2024 | 28,740 | 876 | 910 | 602 | 47.1 | 13 | Apr 12, 2024 | J-GAAP |
| Feb, 2025 | 28,297 | 538 | 573 | 345 | 27.0 | 13 | Apr 14, 2025 | J-GAAP |
| Feb, 2026 Guidance | 29,900 | 410 | 440 | 230 | 18.0 | 13 | Jul 14, 2025 | J-GAAP |
| YoY | +5.7% | -23.8% | -23.2% | -33.3% | -33.4% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar - May, 2024 | 7,213 | 313 | 323 | 198 | 15.5 | 4.3 | Jul 11, 2024 | J-GAAP |
| Jun - Aug, 2024 | 7,820 | 229 | 236 | 142 | 11.1 | 2.9 | Oct 15, 2024 | J-GAAP |
| Sep - Nov, 2024 | 6,778 | 84 | 93 | 54 | 4.2 | 1.2 | Jan 14, 2025 | J-GAAP |
| Dec - Feb, 2024 | 6,486 | -88 | -79 | -49 | -3.8 | -1.4 | Apr 14, 2025 | J-GAAP |
| Mar - May, 2025 | 6,870 | 147 | 153 | 89 | 7.0 | 2.1 | Jul 14, 2025 | J-GAAP |
| YoY | -4.8% | -53.0% | -52.6% | -55.1% | -55.1% |
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