kabutan

WADAKOHSAN, First Half Ordinary Profit Increases by 26%

Fri Oct 3, 2025 3:30 pm JST Earnings

8931 WADAKOHSAN CORPORATION 【J-GAAP】

Earnings Report

WADAKOHSAN CORPORATION <8931> [TSE Std] announced its financial results after the market closed on October 3rd (15:30). The ordinary profit (non-consolidated) for the cumulative second quarter of the fiscal year ending February 2026 (March to August) increased 26.4% from the same period last year, reaching 2.30 billion yen, exceeded the previous forecast of 2.00 billion yen.

Progress toward the full-year plan of 3.50 billion yen was 65.9%, also surpassing the five-year average of 46.1%.

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 September to February period (second half) is expected to significant drop 55.4% from the same period last year to 1.19 billion yen.

In the most recent three-month period, from June to August (2Q), the ordinary profit decreased to 0.79 billion yen, a 3.2% decrease compared to the same period last year. However, the operating profit margin rose from 10.1% in the same period last year to 10.4%.

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
Mar - Aug, 2023 20,789 2,502 2,141 1,481 133.5 56.0 Oct 6, 2023 J-GAAP
Mar - Aug, 2024 20,149 2,176 1,824 1,242 113.0 40.5 Oct 4, 2024 J-GAAP
Mar - Aug, 2025 22,182 2,758 2,305 1,647 150.4 65.9 Oct 3, 2025 J-GAAP
YoY +10.1% +26.7% +26.4% +32.6% +33.1%

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 23,000 2,500 2,000 1,400 127.8 35 Apr 11, 2025 J-GAAP
Mar - Aug, 2025 Results 22,182 2,758 2,305 1,647 150.4 35 Oct 3, 2025 J-GAAP
Revision Rate -3.6% +10.3% +15.3% +17.6% +17.7%

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 19,981 3,109 2,678 1,880 171.3 44 Apr 11, 2025 J-GAAP
Sep - Feb, 2025 Guidance 18,818 1,742 1,195 853 77.8 35 Oct 3, 2025 J-GAAP
YoY -5.8% -44.0% -55.4% -54.6% -54.6%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Feb, 2024 38,825 4,528 3,820 2,638 237.7 60 Apr 12, 2024 J-GAAP
Feb, 2025 40,130 5,285 4,502 3,122 284.5 70 Apr 11, 2025 J-GAAP
Feb, 2026 Guidance 41,000 4,500 3,500 2,500 228.2 70 Apr 11, 2025 J-GAAP
YoY +2.2% -14.9% -22.3% -19.9% -19.8%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jun - Aug, 2024 9,168 924 818 556 50.6 10.1 Oct 4, 2024 J-GAAP
Sep - Nov, 2024 13,597 2,484 2,268 1,571 143.1 18.3 Jan 7, 2025 J-GAAP
Dec - Feb, 2024 6,384 625 410 309 28.2 9.8 Apr 11, 2025 J-GAAP
Mar - May, 2025 12,313 1,734 1,513 1,109 101.2 14.1 Jul 11, 2025 J-GAAP
Jun - Aug, 2025 9,869 1,024 792 538 49.1 10.4 Oct 3, 2025 J-GAAP
YoY +7.6% +10.8% -3.2% -3.2% -2.9%

Related Articles