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MIZUHO MEDY, First Half Ordinary Profit Decreases by 33%, Current Fiscal Year Dividend Revised Upward by 10 Yen
4595 MIZUHO MEDY CO.,LTD. 【J-GAAP】
Earnings ReportMIZUHO MEDY CO.,LTD. <4595> [TSE Std] announced its financial results at noon (12:00) on August 8th. The ordinary profit (non-consolidated) for the cumulative second quarter of the fiscal year ending December 2025 (January to June) dropped 32.9% from the same period last year to 1.39 billion yen. Progress toward the full-year plan of 3.03 billion yen was 46.0%, which was higher than the five-year average of 41.8%.
Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the July to December period (second half) is expected to drop 46.8% from the same period last year to 1.64 billion yen.
At the same time, the company has increased its planned annual dividend for the current fiscal year from the original plan of 85 yen to 95 yen.
In the most recent three-month period, from April to June (2Q), the ordinary profit significantly dropped to 0.33 billion yen, a 53.0% decrease compared to the same period last year. The operating profit margin decreased from 30.7% in the same period last year to 26.7%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2023 | 4,575 | 1,903 | 2,053 | 1,461 | 76.7 | 38.8 | Aug 10, 2023 | J-GAAP |
| Jan - Jun, 2024 | 4,668 | 1,843 | 2,081 | 1,489 | 78.2 | 40.3 | Aug 9, 2024 | J-GAAP |
| Jan - Jun, 2025 | 3,976 | 1,476 | 1,397 | 1,020 | 53.6 | 46.0 | Aug 8, 2025 | J-GAAP |
| YoY | -14.8% | -19.9% | -32.9% | -31.5% | -31.5% |
First Half Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2025 Guidance | 3,959 | 1,367 | 1,235 | 921 | 48.4 | 40 | Jun 23, 2025 | J-GAAP |
| Jan - Jun, 2025 Results | 3,976 | 1,476 | 1,397 | 1,020 | 53.6 | 50 | Aug 8, 2025 | J-GAAP |
| Revision Rate | +0.4% | +8.0% | +13.1% | +10.7% | +10.9% |
Guidance Update
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2025 Prev | 9,064 | 3,164 | 3,038 | 2,235 | 117.3 | 85 | Jun 23, 2025 | J-GAAP |
| Dec, 2025 New | 9,064 | 3,164 | 3,038 | 2,235 | 117.3 | 95 | Aug 8, 2025 | J-GAAP |
| Revision Rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Dec, 2024 | 6,761 | 3,074 | 3,086 | 2,284 | 119.9 | 60 | Feb 7, 2025 | J-GAAP |
| Jul - Dec, 2025 Guidance | 5,088 | 1,688 | 1,641 | 1,215 | 63.8 | 45 | Aug 8, 2025 | J-GAAP |
| YoY | -24.7% | -45.1% | -46.8% | -46.8% | -46.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2023 | 10,989 | 5,151 | 5,292 | 3,774 | 198.1 | 100 | Feb 9, 2024 | J-GAAP |
| Dec, 2024 | 11,429 | 4,917 | 5,167 | 3,773 | 198.1 | 100 | Feb 7, 2025 | J-GAAP |
| Dec, 2025 Guidance | 9,064 | 3,164 | 3,038 | 2,235 | 117.3 | 95 | Aug 8, 2025 | J-GAAP |
| YoY | -20.7% | -35.7% | -41.2% | -40.8% | -40.8% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Jun, 2024 | 1,926 | 591 | 709 | 519 | 27.3 | 30.7 | Aug 9, 2024 | J-GAAP |
| Jul - Sep, 2024 | 3,321 | 1,638 | 1,477 | 1,061 | 55.7 | 49.3 | Nov 8, 2024 | J-GAAP |
| Oct - Dec, 2024 | 3,440 | 1,436 | 1,609 | 1,223 | 64.2 | 41.7 | Feb 7, 2025 | J-GAAP |
| Jan - Mar, 2025 | 2,649 | 1,122 | 1,064 | 777 | 40.8 | 42.4 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 1,327 | 354 | 333 | 243 | 12.8 | 26.7 | Aug 8, 2025 | J-GAAP |
| YoY | -31.1% | -40.1% | -53.0% | -53.2% | -53.2% |
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