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ISHII HYOKI, Ordinary Profit Forecast for the Fiscal Year Revised Downward to an Unexpected 5% Decrease
6336 ISHII HYOKI CO.,LTD. 【J-GAAP】
Earnings ReportISHII HYOKI CO.,LTD. <6336> [TSE Std] announced its financial results in the afternoon session on September 11th (14:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending January 2026 (February to July) increased 3.2% from the same period last year, reaching 0.52 billion yen, resulting in an increase in profits compared to the previous forecast of a 10.9% decrease.
However, the full-year forecast for consolidated ordinary profit has decreased 11.8%, from the previous forecast of 1.19 billion yen to 1.05 billion yen (compared to 1.10 billion yen in the previous period). This changes the outlook from an anticipated profit increase to a projection of a 5.0% decrease in profit.
Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the August to January period (second half) is expected to decrease 11.9% from the same period last year to 0.53 billion yen.
In the most recent three-month period, from May to July (2Q), the consolidated ordinary profit decreased to 0.32 billion yen, a 19.3% decrease compared to the same period last year. The operating profit margin worsened from 9.3% in the same period last year to 7.2%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Feb - Jul, 2023 | 8,480 | 896 | 998 | 806 | 98.9 | 58.0 | Sep 8, 2023 | J-GAAP |
| Feb - Jul, 2024 | 7,477 | 448 | 505 | 355 | 43.6 | 45.5 | Sep 12, 2024 | J-GAAP |
| Feb - Jul, 2025 | 7,472 | 464 | 521 | 460 | 56.9 | 49.5 | Sep 11, 2025 | J-GAAP |
| YoY | -0.1% | +3.6% | +3.2% | +29.6% | +30.4% |
First Half Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Feb - Jul, 2025 Guidance | 7,384 | 481 | 450 | 345 | 42.9 | 0 | Mar 14, 2025 | J-GAAP |
| Feb - Jul, 2025 Results | 7,472 | 464 | 521 | 460 | 56.9 | 0 | Sep 11, 2025 | J-GAAP |
| Revision Rate | +1.2% | -3.5% | +15.8% | +33.3% | +32.6% |
Guidance Update
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan, 2026 Prev | 15,712 | 1,185 | 1,194 | 864 | 108.2 | 20 | Mar 14, 2025 | J-GAAP |
| Jan, 2026 New | 15,261 | 1,006 | 1,053 | 804 | 100.7 | 20 | Sep 11, 2025 | J-GAAP |
| Revision Rate | -2.9% | -15.1% | -11.8% | -6.9% | -6.9% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Aug - Jan, 2024 | 7,344 | 459 | 604 | 433 | 53.1 | 20 | Mar 14, 2025 | J-GAAP |
| Aug - Jan, 2025 Guidance | 7,789 | 542 | 532 | 344 | 43.1 | 20 | Sep 11, 2025 | J-GAAP |
| YoY | +6.1% | +18.1% | -11.9% | -20.6% | -19.0% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan, 2024 | 16,729 | 1,580 | 1,721 | 1,101 | 135.1 | 15 | Mar 15, 2024 | J-GAAP |
| Jan, 2025 | 14,821 | 907 | 1,109 | 788 | 96.7 | 20 | Mar 14, 2025 | J-GAAP |
| Jan, 2026 Guidance | 15,261 | 1,006 | 1,053 | 804 | 100.7 | 20 | Sep 11, 2025 | J-GAAP |
| YoY | +3.0% | +10.9% | -5.0% | +2.0% | +4.1% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| May - Jul, 2024 | 4,287 | 398 | 405 | 280 | 34.4 | 9.3 | Sep 12, 2024 | J-GAAP |
| Aug - Oct, 2024 | 3,560 | 189 | 255 | 222 | 27.3 | 5.3 | Dec 12, 2024 | J-GAAP |
| Nov - Jan, 2024 | 3,784 | 270 | 349 | 211 | 25.9 | 7.1 | Mar 14, 2025 | J-GAAP |
| Feb - Apr, 2025 | 3,604 | 184 | 194 | 162 | 20.0 | 5.1 | Jun 12, 2025 | J-GAAP |
| May - Jul, 2025 | 3,868 | 280 | 327 | 298 | 36.9 | 7.2 | Sep 11, 2025 | J-GAAP |
| YoY | -9.8% | -29.6% | -19.3% | +6.4% | +7.1% |
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