kabutan

M-mart, First Half Ordinary Profit Increases by 36%, May-Jul Ordinary Profit Increases by 49%

Tue Sep 16, 2025 4:30 pm JST Earnings

4380 M-mart Inc. 【J-GAAP】

Earnings Report

M-mart Inc. <4380> [TSE Growth] announced its financial results after the market closed on September 16th (16:30). The ordinary profit (non-consolidated) for the cumulative second quarter of the fiscal year ending January 2026 (February to July) expanded 304 million yen, an increase 36.3% compared to the same period last year. Progress toward the full-year plan of 614 million yen was 49.5%, exceeding the five-year average of 44.2%.

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 August to January period (second half) is expected to grow 9.9% from the same period last year, reaching 310 million yen.

In the most recent three-month period, from May to July (2Q), the ordinary profit increased 48.6% from the same period last year, reaching 165 million yen. The operating profit margin jumped from 35.5% in the same period last year to 49.1%.

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
Feb - Jul, 2023 556 230 229 155 31.8 47.5 Sep 14, 2023 J-GAAP
Feb - Jul, 2024 623 223 223 145 29.7 44.2 Sep 17, 2024 J-GAAP
Feb - Jul, 2025 673 304 304 195 40.0 49.5 Sep 16, 2025 J-GAAP
YoY +8.0% +36.3% +36.3% +34.5% +34.8%

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 ー ー ー ー － 0 Mar 17, 2025 J-GAAP
Feb - Jul, 2025 Results 673 304 304 195 40.0 0 Sep 16, 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
Aug - Jan, 2024 671 298 282 200 41.0 21 Mar 17, 2025 J-GAAP
Aug - Jan, 2025 Guidance 771 310 310 204 41.7 25 Sep 16, 2025 J-GAAP
YoY +14.9% +4.0% +9.9% +2.0% +1.7%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan, 2024 1,171 483 482 324 66.4 18 Mar 18, 2024 J-GAAP
Jan, 2025 1,294 521 505 345 70.7 21 Mar 17, 2025 J-GAAP
Jan, 2026 Guidance 1,444 614 614 399 81.6 25 Mar 17, 2025 J-GAAP
YoY +11.6% +17.9% +21.6% +15.7% +15.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
May - Jul, 2024 313 111 111 73 15.0 35.5 Sep 17, 2024 J-GAAP
Aug - Oct, 2024 326 140 139 92 18.8 42.9 Dec 16, 2024 J-GAAP
Nov - Jan, 2024 345 158 143 108 22.1 45.8 Mar 17, 2025 J-GAAP
Feb - Apr, 2025 335 138 139 91 18.7 41.2 Jun 16, 2025 J-GAAP
May - Jul, 2025 338 166 165 104 21.3 49.1 Sep 16, 2025 J-GAAP
YoY +8.0% +49.5% +48.6% +42.5% +42.7%

Related Articles