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CREEK & RIVER, First Half Ordinary Profit Decreases by 7%, Jun-Aug Ordinary Profit Decreases by 29%
4763 CREEK & RIVER Co.,Ltd. 【J-GAAP】
Earnings ReportCREEK & RIVER Co.,Ltd. <4763> [TSE Prime] announced its financial results after the market closed on October 9th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending February 2026 (March to August) decreased 6.8% from the same period last year to 2.11 billion yen. Progress toward the full-year plan of 5.00 billion yen was 42.2%, also falling below the five-year average of 62.2%.
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 surge 2.0 times that of the same period last year, reaching 2.88 billion yen.
In the most recent three-month period, from June to August (2Q), the consolidated ordinary profit decreased to 0.70 billion yen, a 28.5% decrease compared to the same period last year. The operating profit margin worsened from 7.2% in the same period last year to 5.0%.
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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 | 25,256 | 2,602 | 2,626 | 1,718 | 78.0 | 63.5 | Oct 5, 2023 | J-GAAP |
| Mar - Aug, 2024 | 25,836 | 2,195 | 2,265 | 1,470 | 68.2 | 61.3 | Oct 10, 2024 | J-GAAP |
| Mar - Aug, 2025 | 28,092 | 2,138 | 2,112 | 2,214 | 104.7 | 42.2 | Oct 9, 2025 | J-GAAP |
| YoY | +8.7% | -2.6% | -6.8% | +50.6% | +53.5% |
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 | 28,000 | 2,100 | 2,100 | 1,350 | 63.8 | 0 | Apr 10, 2025 | J-GAAP |
| Mar - Aug, 2025 Results | 28,092 | 2,138 | 2,112 | 2,214 | 104.7 | 0 | Oct 9, 2025 | J-GAAP |
| Revision Rate | +0.3% | +1.8% | +0.6% | +64.0% | +64.1% |
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 | 24,439 | 1,419 | 1,429 | 781 | 36.6 | 41 | Apr 10, 2025 | J-GAAP |
| Sep - Feb, 2025 Guidance | 31,908 | 2,862 | 2,888 | 986 | 46.6 | 45 | Oct 9, 2025 | J-GAAP |
| YoY | +30.6% | +101.7% | +102.1% | +26.2% | +27.4% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Feb, 2024 | 49,799 | 4,103 | 4,137 | 2,658 | 120.8 | 41 | Apr 11, 2024 | J-GAAP |
| Feb, 2025 | 50,275 | 3,614 | 3,694 | 2,251 | 105.5 | 41 | Apr 10, 2025 | J-GAAP |
| Feb, 2026 Guidance | 60,000 | 5,000 | 5,000 | 3,200 | 151.3 | 45 | Apr 10, 2025 | J-GAAP |
| YoY | +19.3% | +38.4% | +35.4% | +42.2% | +43.5% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jun - Aug, 2024 | 12,982 | 934 | 988 | 610 | 28.3 | 7.2 | Oct 10, 2024 | J-GAAP |
| Sep - Nov, 2024 | 12,266 | 791 | 794 | 561 | 26.2 | 6.4 | Jan 9, 2025 | J-GAAP |
| Dec - Feb, 2024 | 12,173 | 628 | 635 | 220 | 10.3 | 5.2 | Apr 10, 2025 | J-GAAP |
| Mar - May, 2025 | 13,839 | 1,421 | 1,406 | 913 | 43.2 | 10.3 | Jul 10, 2025 | J-GAAP |
| Jun - Aug, 2025 | 14,253 | 717 | 706 | 1,301 | 61.5 | 5.0 | Oct 9, 2025 | J-GAAP |
| YoY | +9.8% | -23.2% | -28.5% | +113.3% | +117.4% |
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