kabutan

HIKARI BUSINESS FORM, First Half Ordinary Profit Increases by 25%, Apr-Jun Ordinary Profit Turns to Profit

Fri Aug 8, 2025 6:00 pm JST Earnings

3948 HIKARI BUSINESS FORM CO., LTD. 【J-GAAP】

Earnings Report

HIKARI BUSINESS FORM CO., LTD. <3948> [TSE Std] announced its financial results after the market closed on August 8th (18:00). The ordinary profit (non-consolidated) for the cumulative second quarter of the fiscal year ending December 2025 (January to June) increased 24.7% from the same period last year, reaching 91 million yen. Progress toward the full-year plan of 150 million yen was 60.7%, also surpassing the five-year average of 53.4%.

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 significant drop 60.1% from the same period last year to 59 million yen.

In the most recent three-month period, from April to June (2Q), the ordinary profit/loss turned to a profit of 86 million yen (compared to a loss of 9 million yen in the same period last year). The operating profit/loss margin significantly improved from -1.0% in the same period last year to 3.6%.

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 5,511 1,048 1,077 596 105.0 82.3 Aug 8, 2023 J-GAAP
Jan - Jun, 2024 3,802 53 73 45 8.2 33.0 Aug 8, 2024 J-GAAP
Jan - Jun, 2025 3,806 24 91 59 10.8 60.7 Aug 8, 2025 J-GAAP
YoY +0.1% -54.7% +24.7% +31.1% +33.0%

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 3,700 50 100 60 10.9 20 May 9, 2025 J-GAAP
Jan - Jun, 2025 Results 3,806 24 91 59 10.8 20 Aug 8, 2025 J-GAAP
Revision Rate +2.9% -52.0% -9.0% -1.7% -0.6%

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 4,113 125 148 116 20.8 20 Feb 13, 2025 J-GAAP
Jul - Dec, 2025 Guidance 4,194 76 59 31 5.8 20 Aug 8, 2025 J-GAAP
YoY +2.0% -39.2% -60.1% -73.3% -72.3%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2023 9,876 1,270 1,308 748 132.7 35 Feb 13, 2024 J-GAAP
Dec, 2024 7,915 178 221 161 28.9 38 Feb 13, 2025 J-GAAP
Dec, 2025 Guidance 8,000 100 150 90 16.7 40 May 9, 2025 J-GAAP
YoY +1.1% -43.8% -32.1% -44.1% -42.1%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Apr - Jun, 2024 1,820 -18 -9 -10 -1.8 -1.0 Aug 8, 2024 J-GAAP
Jul - Sep, 2024 2,060 6 15 6 1.1 0.3 Nov 8, 2024 J-GAAP
Oct - Dec, 2024 2,053 119 133 110 19.7 5.8 Feb 13, 2025 J-GAAP
Jan - Mar, 2025 1,701 -51 5 -3 -0.7 -3.0 May 9, 2025 J-GAAP
Apr - Jun, 2025 2,105 75 86 62 11.4 3.6 Aug 8, 2025 J-GAAP
YoY +15.7% － － － －

Related Articles