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TOSEI, Dec-Aug (Cumulative 3Q) Net Income Increases by 25%, Jun-Aug Net Income Increases by 55%
8923 TOSEI CORPORATION 【IFRS】
Earnings ReportTOSEI CORPORATION <8923> [TSE Prime] announced its financial results (based on IFRS) in the afternoon session on October 6th (14:30). The consolidated net income for the cumulative third quarter of the fiscal year ending November 2025 (December 2024 to August 2025) increased 25.0% from the same period last year, reaching 14.0 billion yen. Progress toward the full-year plan of 14.0 billion yen was 99.7%, also surpassing the five-year average of 88.0%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated net income for the September to November period (4Q) is expected to significant drop 94.7% from the same period last year to 0.04 billion yen.
In the most recent three-month period, from June to August (3Q), the consolidated net income increased 54.7% from the same period last year, reaching 1.81 billion yen. However, the operating profit margin decreased from 18.3% in the same period last year to 17.9%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec - Aug, 2022 | 66,710 | 14,449 | 13,679 | 9,364 | 98.3 | 89.3 | Oct 5, 2023 | IFRS |
| Dec - Aug, 2023 | 69,419 | 17,055 | 16,090 | 11,234 | 116.0 | 92.7 | Oct 7, 2024 | IFRS |
| Dec - Aug, 2024 | 83,961 | 20,798 | 19,437 | 14,045 | 144.9 | 98.2 | Oct 6, 2025 | IFRS |
| YoY | +20.9% | +21.9% | +20.8% | +25.0% | +24.9% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jun - Nov, 2024 | 24,573 | 3,587 | 2,992 | 1,927 | 19.9 | 39.50 | Jan 10, 2025 | IFRS |
| Jun - Nov, 2025 Guidance | 32,067 | 4,017 | 2,996 | 1,859 | 19.2 | 49 | Jul 7, 2025 | IFRS |
| YoY | +30.5% | +12.0% | +0.1% | -3.5% | -3.6% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Nov, 2023 | 79,446 | 16,254 | 15,310 | 10,507 | 109.9 | 33 | Jan 12, 2024 | IFRS |
| Nov, 2024 | 82,191 | 18,488 | 17,364 | 11,985 | 123.7 | 39.50 | Jan 10, 2025 | IFRS |
| Nov, 2025 Guidance | 98,125 | 21,617 | 19,800 | 14,085 | 145.3 | 49 | Jul 7, 2025 | IFRS |
| YoY | +19.4% | +16.9% | +14.0% | +17.5% | +17.4% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jun - Aug, 2024 | 11,801 | 2,154 | 1,718 | 1,176 | 12.1 | 18.3 | Oct 7, 2024 | IFRS |
| Sep - Nov, 2024 | 12,772 | 1,433 | 1,274 | 751 | 7.8 | 11.2 | Jan 10, 2025 | IFRS |
| Dec - Feb, 2024 | 46,066 | 12,322 | 11,830 | 8,176 | 84.4 | 26.7 | Apr 7, 2025 | IFRS |
| Mar - May, 2025 | 19,992 | 5,278 | 4,974 | 4,050 | 41.8 | 26.4 | Jul 7, 2025 | IFRS |
| Jun - Aug, 2025 | 17,903 | 3,198 | 2,633 | 1,819 | 18.8 | 17.9 | Oct 6, 2025 | IFRS |
| YoY | +51.7% | +48.5% | +53.3% | +54.7% | +54.6% |
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