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YE DIGITAL, First Half Ordinary Profit Decreases by 17%, Jun-Aug Ordinary Profit Decreases by 34%
2354 YE DIGITAL Corporation 【J-GAAP】
Earnings ReportYE DIGITAL Corporation <2354> [TSE Std] announced its financial results after the market closed on September 30th (16:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending February 2026 (March to August) decreased 17.4% from the same period last year to 0.70 billion yen. Progress toward the full-year plan of 1.70 billion yen was 41.6%, which was higher than the five-year average of 37.4%.
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 47.5% from the same period last year, reaching 0.99 billion yen.
In the most recent three-month period, from June to August (2Q), the consolidated ordinary profit dropped to 0.35 billion yen, a 33.8% decrease compared to the same period last year. The operating profit margin worsened from 9.4% in the same period last year to 6.9%.
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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 |
|---|---|---|---|---|---|---|---|---|
| Mar - Aug, 2023 | 9,749 | 715 | 767 | 473 | 26.1 | 49.2 | Sep 29, 2023 | J-GAAP |
| Mar - Aug, 2024 | 10,081 | 797 | 856 | 559 | 30.7 | 56.0 | Sep 30, 2024 | J-GAAP |
| Mar - Aug, 2025 | 9,665 | 643 | 707 | 441 | 24.5 | 41.6 | Sep 30, 2025 | J-GAAP |
| YoY | -4.1% | -19.3% | -17.4% | -21.1% | -20.3% |
First Half Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar - Aug, 2025 Guidance | 9,000 | 600 | 650 | 400 | 22.4 | 10 | Mar 31, 2025 | J-GAAP |
| Mar - Aug, 2025 Results | 9,665 | 643 | 707 | 441 | 24.5 | 10 | Sep 30, 2025 | J-GAAP |
| Revision Rate | +7.4% | +7.2% | +8.8% | +10.3% | +9.0% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Sep - Feb, 2024 | 9,863 | 611 | 673 | 479 | 26.2 | 10 | Mar 31, 2025 | J-GAAP |
| Sep - Feb, 2025 Guidance | 10,335 | 957 | 993 | 709 | 39.8 | 10 | Sep 30, 2025 | J-GAAP |
| YoY | +4.8% | +56.6% | +47.5% | +48.0% | +51.6% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Feb, 2024 | 19,504 | 1,488 | 1,559 | 1,092 | 60.2 | 12 | Mar 29, 2024 | J-GAAP |
| Feb, 2025 | 19,944 | 1,408 | 1,529 | 1,038 | 56.8 | 20 | Mar 31, 2025 | J-GAAP |
| Feb, 2026 Guidance | 20,000 | 1,600 | 1,700 | 1,150 | 64.5 | 20 | Mar 31, 2025 | J-GAAP |
| YoY | +0.3% | +13.6% | +11.2% | +10.8% | +13.5% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jun - Aug, 2024 | 5,017 | 471 | 535 | 368 | 20.2 | 9.4 | Sep 30, 2024 | J-GAAP |
| Sep - Nov, 2024 | 4,613 | 158 | 154 | 84 | 4.6 | 3.4 | Dec 24, 2024 | J-GAAP |
| Dec - Feb, 2024 | 5,250 | 453 | 519 | 395 | 21.6 | 8.6 | Mar 31, 2025 | J-GAAP |
| Mar - May, 2025 | 4,920 | 315 | 353 | 218 | 12.0 | 6.4 | Jun 26, 2025 | J-GAAP |
| Jun - Aug, 2025 | 4,745 | 328 | 354 | 223 | 12.4 | 6.9 | Sep 30, 2025 | J-GAAP |
| YoY | -5.4% | -30.4% | -33.8% | -39.4% | -38.8% |
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