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Earth, Ordinary Profit Forecast for the Fiscal Year Revised Upward to an Unexpected 17% Increase, Dividend Revised Upward by 5 Yen

Fri Aug 8, 2025 3:31 pm JST Earnings

4985 Earth Corporation 【J-GAAP】

Earnings Report

Earth Corporation <4985> [TSE Prime] announced its financial results after the market closed on August 8th (15:31). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending December 2025 (January to June) increased 20.5% from the same period last year, reaching 13.6 billion yen, exceeded the previous forecast of 11.4 billion yen.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 21.1%, from the previous forecast of 7.10 billion yen to 8.60 billion yen (compared to 7.36 billion yen in the previous period), turning to a 16.8% increase in the consolidated ordinary profit outlook.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary loss for the July to December period (second half) is expected to expand to a loss of 5.05 billion yen (compared to a loss of 3.97 billion yen in the same period last year).

In light of the strong performance, the company has increased its planned year-end lump-sum dividend for the current fiscal year from the original plan of 120 yen to 125 yen (compared to 120 yen in the previous period).

In the most recent three-month period, from April to June (2Q), the consolidated ordinary profit grew 21.1% from the same period last year, reaching 7.49 billion yen. The operating profit margin rose from 10.5% in the same period last year to 12.6%.

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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 90,329 9,921 10,422 7,040 318.8 153.5 Aug 8, 2023 J-GAAP
Jan - Jun, 2024 97,095 10,758 11,339 7,643 345.5 154.0 Aug 9, 2024 J-GAAP
Jan - Jun, 2025 102,669 13,554 13,658 9,376 430.0 158.8 Aug 8, 2025 J-GAAP
YoY +5.7% +26.0% +20.5% +22.7% +24.5%

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 102,000 11,000 11,430 8,000 366.2 0 Feb 13, 2025 J-GAAP
Jan - Jun, 2025 Results 102,669 13,554 13,658 9,376 430.0 0 Aug 8, 2025 J-GAAP
Revision Rate +0.7% +23.2% +19.5% +17.2% +17.4%

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2025 Prev 175,000 6,500 7,100 4,300 196.8 120 Feb 13, 2025 J-GAAP
Dec, 2025 New 178,000 8,000 8,600 5,300 242.6 125 Aug 8, 2025 J-GAAP
Revision Rate +1.7% +23.1% +21.1% +23.3% +23.3%

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 72,183 -4,333 -3,975 -4,168 -189.8 120 Feb 13, 2025 J-GAAP
Jul - Dec, 2025 Guidance 75,331 -5,554 -5,058 -4,076 -186.6 125 Aug 8, 2025 J-GAAP
YoY +4.4% -28.2% -27.2% +2.2% +1.7%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2023 158,344 6,370 6,791 4,102 185.6 118 Feb 13, 2024 J-GAAP
Dec, 2024 169,278 6,425 7,364 3,475 158.3 120 Feb 13, 2025 J-GAAP
Dec, 2025 Guidance 178,000 8,000 8,600 5,300 242.6 125 Aug 8, 2025 J-GAAP
YoY +5.2% +24.5% +16.8% +52.5% +53.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Apr - Jun, 2024 55,046 5,780 6,191 4,113 185.9 10.5 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 37,763 -73 -294 -407 -18.5 -0.2 Nov 11, 2024 J-GAAP
Oct - Dec, 2024 34,420 -4,260 -3,681 -3,761 -171.3 -12.4 Feb 13, 2025 J-GAAP
Jan - Mar, 2025 44,782 6,269 6,159 4,678 214.8 14.0 May 12, 2025 J-GAAP
Apr - Jun, 2025 57,887 7,285 7,499 4,698 215.5 12.6 Aug 8, 2025 J-GAAP
YoY +5.2% +26.0% +21.1% +14.2% +15.9%

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