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YAMAZAWA, First Half Ordinary Profit Turns to Profit, Exceeds Full-Year Plan

Fri Oct 10, 2025 3:30 pm JST Earnings

9993 YAMAZAWA CO.,LTD. 【J-GAAP】

Earnings Report

YAMAZAWA CO.,LTD. <9993> [TSE Std] announced its financial results after the market closed on October 10th (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 650 million yen (compared to a loss of 275 million yen in the same period last year), exceeded the previous forecast of 220 million yen.

Progress toward the full-year plan of 500 million yen is 130.0%, already exceeding the target and also exceeding the five-year average of 69.0%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary loss for the September to February period (second half) is expected to expand to a loss of 150 million yen (compared to a loss of 132 million yen in the same period last year).

In the most recent three-month period, from June to August (2Q), the consolidated ordinary profit/loss turned to a profit of 386 million yen (compared to a loss of 52 million yen in the same period last year). The operating profit/loss margin improved from -1.1% in the same period last year to 1.3%.

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
50,650M 532M 570M 1,024M 95.1 84.2 Oct 11, 2023 J-GAAP
Mar - Aug, 2024
50,958M -682M -275M -1,056M -98.0 Oct 10, 2024 J-GAAP
Mar - Aug, 2025
53,083M 595M 650M 755M 70.0 130.0 Oct 10, 2025 J-GAAP
YoY +4.2%
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 51,400M 220M 220M 70M 6.5 13.50 Apr 14, 2025 J-GAAP
Mar - Aug, 2025 Results 53,083M 595M 650M 755M 70.0 13.50 Oct 10, 2025 J-GAAP
Revision Rate +3.3% +170.5% +195.5% +978.6% +979.0%

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
51,600M -139M -132M -1,561M -144.9 13.50 Apr 14, 2025 J-GAAP
Guidance
Sep - Feb, 2025
49,917M -145M -150M -685M -66.7 13.50 Oct 10, 2025 J-GAAP
YoY -3.3% -4.3% -13.6% +56.1% +53.9%
Current Period Guidance
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Feb, 2024
101,891M 625M 677M 451M 41.9 27 Apr 15, 2024 J-GAAP
Feb, 2025
102,558M -821M -407M -2,617M -242.8 27 Apr 14, 2025 J-GAAP
Guidance
Feb, 2026
103,000M 450M 500M 70M 6.8 27 Apr 14, 2025 J-GAAP
YoY +0.4%

Quarterly Results

Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Operating
Profit Margin
Announce Accounting
Standards
Jun - Aug, 2024
25,989M -274M -52M -870M -80.7 -1.1 Oct 10, 2024 J-GAAP
Sep - Nov, 2024
24,927M -354M -377M -295M -27.4 -1.4 Jan 10, 2025 J-GAAP
Dec - Feb, 2024
26,673M 215M 245M -1,266M -117.5 0.8 Apr 14, 2025 J-GAAP
Mar - May, 2025
26,063M 249M 264M 171M 15.9 1.0 Jul 14, 2025 J-GAAP
Jun - Aug, 2025
27,020M 346M 386M 584M 54.2 1.3 Oct 10, 2025 J-GAAP
YoY +4.0%