Adastria, First Half Ordinary Profit Decreases by 24%, Jun-Aug Ordinary Profit Decreases by 41%
2685 and ST HD Co., Ltd. 【J-GAAP】
Earnings Reportand ST HD Co., Ltd. <2685> [TSE Prime] announced its financial results after the market closed on September 30th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending February 2026 (March to August) decreased 24.3% from the same period last year to 7.79 billion yen. Progress toward the full-year plan of 19.0 billion yen was 41.0%, also falling below the five-year average of 48.1%.
Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the September to February period (second half) is expected to expand 97.8% from the same period last year, reaching 11.2 billion yen.
In the most recent three-month period, from June to August (2Q), the consolidated ordinary profit dropped to 2.36 billion yen, a 41.0% decrease compared to the same period last year. The operating profit margin worsened from 5.5% in the same period last year to 3.3%.
Kabutan News
Actual Performance and Financial Trends
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Progress Rate vs. First Half |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
132,896M | 10,311M | 10,639M | 7,094M | 156.2 | 57.9 | Sep 29, 2023 | J-GAAP |
|
|
144,203M | 9,895M | 10,297M | 6,939M | 151.7 | 64.5 | Sep 30, 2024 | J-GAAP |
|
|
149,345M | 7,973M | 7,790M | 5,987M | 129.7 | 41.0 | Sep 30, 2025 | J-GAAP |
| YoY | +3.6% | -19.4% | -24.3% | -13.7% | -14.5% |
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar - Aug, 2025 Guidance | ー | ー | ー | ー | － | 45 | Apr 4, 2025 | J-GAAP |
| Mar - Aug, 2025 Results | 149,345M | 7,973M | 7,790M | 5,987M | 129.7 | 45 | Sep 30, 2025 | J-GAAP |
| Revision Rate | － | － | － | － | － |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
148,907M | 5,615M | 5,667M | 2,675M | 58.1 | 55 | Apr 4, 2025 | J-GAAP |
|
Guidance
Sep - Feb, 2025
|
155,655M | 11,027M | 11,210M | 6,413M | 139.0 | 45 | Sep 30, 2025 | J-GAAP |
| YoY | +4.5% | +96.4% | +97.8% | +139.7% | +139.2% |
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
275,596M | 18,015M | 18,389M | 13,513M | 297.8 | 85 | Apr 4, 2024 | J-GAAP |
|
|
293,110M | 15,510M | 15,964M | 9,614M | 208.9 | 90 | Apr 4, 2025 | J-GAAP |
|
Guidance
Feb, 2026
|
305,000M | 19,000M | 19,000M | 12,400M | 268.8 | 90 | Apr 4, 2025 | J-GAAP |
| YoY | +4.1% | +22.5% | +19.0% | +29.0% | +28.7% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Operating Profit Margin |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
70,202M | 3,881M | 4,009M | 2,534M | 55.4 | 5.5 | Sep 30, 2024 | J-GAAP |
|
|
75,886M | 4,875M | 4,670M | 2,968M | 64.6 | 6.4 | Dec 27, 2024 | J-GAAP |
|
|
73,021M | 740M | 997M | -293M | -6.4 | 1.0 | Apr 4, 2025 | J-GAAP |
|
|
77,464M | 5,603M | 5,423M | 4,374M | 94.7 | 7.2 | Jun 30, 2025 | J-GAAP |
|
|
71,881M | 2,370M | 2,367M | 1,613M | 35.0 | 3.3 | Sep 30, 2025 | J-GAAP |
| YoY | +2.4% | -38.9% | -41.0% | -36.3% | -36.9% |
Related Articles
-
DATA HORIZON, Net Income Forecast for the Fiscal Year Revised Upward by 63%, Exceeded Record Profit Forecast
Tue Sep 30, 2025 4:00 pm JST Revision -
KEY COFFEE, Apr-Jun (1Q) Ordinary Profit Decreases by 29%
Tue Sep 30, 2025 4:00 pm JST Earnings -
YAMASHITA HEALTH CARE, Jun-Aug (1Q) Net Income Turns to Loss
Tue Sep 30, 2025 4:00 pm JST Earnings -
PICKLES HOLDINGS, First Half Ordinary Profit Increases by 39%, Jun-Aug Ordinary Profit Increases by 52%
Tue Sep 30, 2025 3:50 pm JST Earnings -
Techno Alpha, Dec-Aug (Cumulative 3Q) Ordinary Profit Increases by 4.0 times, Jun-Aug Ordinary Profit Turns to Profit
Tue Sep 30, 2025 3:30 pm JST Earnings -
Integroup, Jun-Aug (1Q) Ordinary Profit Loss Narrows
Tue Sep 30, 2025 3:30 pm JST Earnings -
Star Mica Holdings, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 20%, Highest in Three Terms, Dividend Revised Upward by 3 Yen
Tue Sep 30, 2025 3:30 pm JST Earnings -
ERI HOLDINGS, Jun-Aug (1Q) Ordinary Profit Increases by 5.4 times
Tue Sep 30, 2025 3:30 pm JST Earnings -
Japan Process Development, Jun-Aug (1Q) Ordinary Profit Increases by 10%
Tue Sep 30, 2025 3:30 pm JST Earnings -
FELISSIMO , Ordinary Profit Forecast for First Half Revised Upward by 3.9 times
Tue Sep 30, 2025 3:30 pm JST Revision