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United Super Markets, First Half Ordinary Profit Turns to Profit

Thu Oct 9, 2025 3:30 pm JST Earnings

3222 United Super Markets Holdings Inc. 【J-GAAP】

Earnings Report

United Super Markets Holdings Inc. <3222> [TSE Std] announced its financial results after the market closed on October 9th (15:30). The consolidated ordinary profit/loss for the cumulative second quarter of the fiscal year ending February 2026 (March to August) turned into a profit of 0.03 billion yen (compared to a loss of 0.52 billion yen in the same period last year). However, Progress toward the full-year plan of 10.9 billion yen was 0.3%, also falling below the five-year average of 41.5%.

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 63.1% from the same period last year, reaching 10.8 billion yen.

In the most recent three-month period, from June to August (2Q), the consolidated ordinary loss improved to a deficit of 0.53 billion yen (compared to a loss of 0.72 billion yen in the same period last year). The operating profit/loss margin remained almost flat, changing from -0.4% in the same period last year to -0.2%.

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
352,695M 1,879M 1,889M 384M 3.0 27.3 Oct 10, 2023 J-GAAP
Mar - Aug, 2024
358,394M -650M -521M -2,142M -16.7 Oct 8, 2024 J-GAAP
Mar - Aug, 2025
477,975M 168M 32M -1,210M -6.2 0.3 Oct 9, 2025 J-GAAP
YoY +33.4% +43.5% +62.9%
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 8 Apr 10, 2025 J-GAAP
Mar - Aug, 2025 Results 477,975M 168M 32M -1,210M -6.2 8 Oct 9, 2025 J-GAAP
Revision Rate

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
452,879M 6,628M 6,663M 2,952M 19.8 8 Apr 10, 2025 J-GAAP
Guidance
Sep - Feb, 2025
501,825M 10,832M 10,868M 2,410M 12.3 8 Oct 9, 2025 J-GAAP
YoY +10.8% +63.4% +63.1% -18.4% -37.8%
Current Period Guidance
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Feb, 2024
706,657M 6,907M 6,929M 1,008M 7.9 16 Apr 9, 2024 J-GAAP
Feb, 2025
811,273M 5,978M 6,142M 810M 5.4 16 Apr 10, 2025 J-GAAP
Guidance
Feb, 2026
979,800M 11,000M 10,900M 1,200M 6.1 16 Apr 10, 2025 J-GAAP
YoY +20.8% +84.0% +77.5% +48.1% +12.9%

Quarterly Results

Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Operating
Profit Margin
Announce Accounting
Standards
Jun - Aug, 2024
182,759M -708M -720M -1,030M -8.0 -0.4 Oct 8, 2024 J-GAAP
Sep - Nov, 2024
177,193M -412M -497M -898M -6.7 -0.2 Jan 9, 2025 J-GAAP
Dec - Feb, 2024
275,686M 7,040M 7,160M 3,850M 25.9 2.6 Apr 10, 2025 J-GAAP
Mar - May, 2025
234,322M 747M 565M -129M -0.7 0.3 Jul 10, 2025 J-GAAP
Jun - Aug, 2025
243,653M -579M -533M -1,081M -5.5 -0.2 Oct 9, 2025 J-GAAP
YoY +33.3% +18.2% +26.0% -5.0% +31.1%