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SAN-A, First Half Ordinary Profit Decreases by 3%, Jun-Aug Ordinary Profit Decreases by 7%

Tue Oct 7, 2025 3:00 pm JST Earnings

2659 SAN-A CO.,LTD. 【J-GAAP】

Earnings Report

SAN-A CO.,LTD. <2659> [TSE Prime] announced its financial results in the afternoon session on October 7th (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending February 2026 (March to August) decreased 3.5% from the same period last year to 9.10 billion yen. However, Progress toward the full-year plan of 17.7 billion yen was 51.2%, almost the same as the five-year average of 51.3%.

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 grow 8.1% from the same period last year, reaching 8.69 billion yen.

In the most recent three-month period, from June to August (2Q), the consolidated ordinary profit decreased to 4.76 billion yen, a 7.1% decrease compared to the same period last year. The operating profit margin worsened from 8.0% in the same period last year to 7.3%.

Kabutan News

Actual Performance and Financial Trends

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
114,850M 8,446M 8,634M 5,608M 90.7 51.1 Oct 5, 2023 J-GAAP
Mar - Aug, 2024
120,655M 9,170M 9,432M 5,934M 96.0 54.0 Oct 4, 2024 J-GAAP
Mar - Aug, 2025
122,216M 8,706M 9,106M 5,874M 95.0 51.2 Oct 7, 2025 J-GAAP
YoY +1.3% -5.1% -3.5% -1.0% -1.0%
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 124,495M 9,030M 9,359M 6,060M 98.0 0 Apr 7, 2025 J-GAAP
Mar - Aug, 2025 Results 122,216M 8,706M 9,106M 5,874M 95.0 0 Oct 7, 2025 J-GAAP
Revision Rate -1.8% -3.6% -2.7% -3.1% -3.1%

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
116,501M 7,753M 8,036M 5,535M 89.5 80 Apr 7, 2025 J-GAAP
Guidance
Sep - Feb, 2025
125,660M 8,521M 8,690M 5,131M 83.0 100 Oct 7, 2025 J-GAAP
YoY +7.9% +9.9% +8.1% -7.3% -7.3%
Current Period Guidance
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Feb, 2024
227,581M 16,464M 16,893M 10,683M 172.8 55 Apr 5, 2024 J-GAAP
Feb, 2025
237,156M 16,923M 17,468M 11,469M 185.5 80 Apr 7, 2025 J-GAAP
Guidance
Feb, 2026
247,876M 17,227M 17,796M 11,005M 177.9 100 Apr 7, 2025 J-GAAP
YoY +4.5% +1.8% +1.9% -4.0% -4.1%

Quarterly Results

Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Operating
Profit Margin
Announce Accounting
Standards
Jun - Aug, 2024
62,993M 5,036M 5,132M 3,165M 51.2 8.0 Oct 4, 2024 J-GAAP
Sep - Nov, 2024
55,970M 3,353M 3,438M 2,212M 35.8 6.0 Jan 8, 2025 J-GAAP
Dec - Feb, 2024
60,531M 4,400M 4,598M 3,323M 53.7 7.3 Apr 7, 2025 J-GAAP
Mar - May, 2025
59,057M 4,101M 4,337M 2,922M 47.3 6.9 Jul 4, 2025 J-GAAP
Jun - Aug, 2025
63,159M 4,605M 4,769M 2,952M 47.7 7.3 Oct 7, 2025 J-GAAP
YoY +0.3% -8.6% -7.1% -6.7% -6.8%