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itamiarts, Net Income Forecast for the Fiscal Year Revised Upward by 3.4 times
168A itamiarts inc. 【J-GAAP】
Earnings Reportitamiarts inc. <168A> [TSE Growth] announced its financial results after the market closed on September 12th (15:30). The consolidated net income for the cumulative second quarter of the fiscal year ending January 2026 (February to July) surged 6.4 times that of the previous period non-consolidated to 328 million yen, exceeded the previous forecast of 75 million yen.
In addition, the full-year forecast for consolidated net income has been revised upward 3.4 times, from the previous non-consolidated estimate of 108 million yen to 364 million yen.
Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated net income for the August to January period (second half) is expected to significant drop 68.4% from the previous period non-consolidated to 36 million yen.
In the most recent three-month period, from May to July (2Q), the consolidated net income surged 6.8 times that of the same period last year, reaching 294 million yen. However, the operating profit margin worsened from 6.4% in the same period last year to 5.7%.
Note: Since the current fiscal year, the company has transitioned to consolidated financial statements.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Feb - Jul, 2024 | 1,807 | 92 | 74 | 51 | 39.0 | 30.3 | Sep 13, 2024 | J-GAAP |
| Feb - Jul, 2025 | 2,089 | 106 | 110 | 328 | 223.5 | 68.3 | Sep 12, 2025 | J-GAAP |
| YoY | +15.6% | +15.2% | +48.6% | +543.1% | +473.4% |
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 | 2,064 | 108 | 108 | 75 | 51.0 | 0 | Mar 14, 2025 | J-GAAP |
| Feb - Jul, 2025 Results | 2,089 | 106 | 110 | 328 | 223.5 | 0 | Sep 12, 2025 | J-GAAP |
| Revision Rate | +1.2% | -1.9% | +1.9% | +337.3% | +338.1% |
Guidance Update
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan, 2026 Prev | 4,027 | 158 | 156 | 108 | 73.5 | 20 | Mar 14, 2025 | J-GAAP |
| Jan, 2026 New | 4,753 | 159 | 161 | 364 | 247.6 | 20 | Sep 12, 2025 | J-GAAP |
| Revision Rate | +18.0% | +0.6% | +3.2% | +237.0% | +237.0% |
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 | 1,798 | 179 | 170 | 114 | 81.9 | 20 | Mar 14, 2025 | J-GAAP |
| Aug - Jan, 2025 Guidance | 2,664 | 53 | 51 | 36 | 24.5 | 20 | Sep 12, 2025 | J-GAAP |
| YoY | +48.2% | -70.4% | -70.0% | -68.4% | -70.1% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan, 2024 | 3,112 | 192 | 221 | 153 | 145.9 | 0 | Apr 8, 2024 | J-GAAP |
| Jan, 2025 | 3,605 | 271 | 244 | 165 | 118.5 | 20 | Mar 14, 2025 | J-GAAP |
| Jan, 2026 Guidance | 4,753 | 159 | 161 | 364 | 247.6 | 20 | Sep 12, 2025 | J-GAAP |
| YoY | +31.8% | -41.3% | -34.0% | +120.6% | +109.0% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| May - Jul, 2024 | 988 | 63 | 62 | 43 | 32.9 | 6.4 | Sep 13, 2024 | J-GAAP |
| Aug - Oct, 2024 | 992 | 140 | 134 | 90 | 66.0 | 14.1 | Dec 13, 2024 | J-GAAP |
| Nov - Jan, 2024 | 806 | 39 | 36 | 24 | 17.2 | 4.8 | Mar 14, 2025 | J-GAAP |
| Feb - Apr, 2025 | 955 | 41 | 42 | 34 | 23.4 | 4.3 | Jun 13, 2025 | J-GAAP |
| May - Jul, 2025 | 1,134 | 65 | 68 | 294 | 200.4 | 5.7 | Sep 12, 2025 | J-GAAP |
| YoY | +14.8% | +3.2% | +9.7% | +583.7% | +509.5% |
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