kabutan

MUGEN ESTATE, Apr-Jun (2Q) Ordinary Profit Decreases by 38%

Fri Aug 8, 2025 2:00 pm JST Earnings

3299 MUGEN ESTATE Co.,Ltd. 【J-GAAP】

Earnings Report

MUGEN ESTATE Co.,Ltd. <3299> [TSE Std] announced its financial results in the afternoon session on August 8th (14:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending December 2025 (January to June) increased 6.2% from the same period last year, reaching 4.93 billion yen. Progress toward the full-year plan of 9.95 billion yen was 49.5%, exceeding the five-year average of 45.5%.

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 July to December period (second half) is expected to grow 19.2% from the same period last year, reaching 5.02 billion yen.

In the most recent three-month period, from April to June (2Q), the consolidated ordinary profit dropped to 2.27 billion yen, a 37.7% decrease compared to the same period last year. The operating profit margin decreased from 20.0% in the same period last year to 15.8%.

Kabutan News

Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Jan - Jun, 2023 26,247 3,303 2,918 1,929 82.1 55.7 Aug 4, 2023 J-GAAP
Jan - Jun, 2024 31,502 5,029 4,645 3,064 129.9 52.4 Aug 9, 2024 J-GAAP
Jan - Jun, 2025 32,943 5,479 4,932 3,320 142.4 49.5 Aug 8, 2025 J-GAAP
YoY +4.6% +8.9% +6.2% +8.4% +9.7%

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 ー ー ー ー － 45 Feb 14, 2025 J-GAAP
Jan - Jun, 2025 Results 32,943 5,479 4,932 3,320 142.4 45 Aug 8, 2025 J-GAAP
Revision Rate － － － － －

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 30,685 4,594 4,213 3,022 128.9 104 Feb 14, 2025 J-GAAP
Jul - Dec, 2025 Guidance 47,751 5,482 5,023 3,184 135.6 67 Aug 8, 2025 J-GAAP
YoY +55.6% +19.3% +19.2% +5.4% +5.2%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2023 51,640 5,936 5,243 3,653 155.3 63 Feb 14, 2024 J-GAAP
Dec, 2024 62,187 9,623 8,858 6,086 259.5 104 Feb 14, 2025 J-GAAP
Dec, 2025 Guidance 80,694 10,961 9,955 6,504 276.9 112 Feb 14, 2025 J-GAAP
YoY +29.8% +13.9% +12.4% +6.9% +6.7%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Apr - Jun, 2024 19,195 3,847 3,652 2,413 102.3 20.0 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 16,850 2,548 2,353 1,549 65.9 15.1 Nov 14, 2024 J-GAAP
Oct - Dec, 2024 13,835 2,046 1,860 1,473 62.8 14.8 Feb 14, 2025 J-GAAP
Jan - Mar, 2025 17,153 2,982 2,656 1,800 77.4 17.4 May 14, 2025 J-GAAP
Apr - Jun, 2025 15,790 2,497 2,276 1,520 65.2 15.8 Aug 8, 2025 J-GAAP
YoY -17.7% -35.1% -37.7% -37.0% -36.2%

Related Articles