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Happiness and D, The Current Fiscal Year's Net Income to Narrow, Falling into no Dividends

Wed Oct 15, 2025 3:40 pm JST Earnings

3174 Happiness and D Co.,Ltd. 【J-GAAP】

Earnings Report

Happiness and D Co.,Ltd. <3174> [TSE Std] announced its financial results after the market closed on October 15th (15:40). The consolidated net loss for the fiscal year ended August 2025 expanded to a loss of 808 million yen (compared to a loss of 459 million yen in the previous period), but it is expected to shrink to loss of 52 million yen for the fiscal year ending August 2026. This will mark the fourth consecutive term of losses.

At the same time, the company has decided to forego the previously undecided year-end lump-sum dividend, and decided not to pay dividends this fiscal year.

In the most recent three-month period, from June to August (4Q), the consolidated net loss expanded to a loss of 374 million yen (compared to a loss of 302 million yen in the same period last year). The operating profit/loss margin drastically worsened from -4.2% in the same period last year to -7.4%.

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Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Aug, 2023 12,742 -216 -243 -668 -263.4 15 Oct 12, 2023 J-GAAP
Aug, 2024 10,780 -158 -186 -459 -180.4 15 Oct 15, 2024 J-GAAP
Aug, 2025 8,841 -404 -435 -808 -317.6 7.50 Oct 15, 2025 J-GAAP
YoY -18.0% -155.7% -133.9% -76.0% -76.1%

Full Year Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Aug, 2025 Guidance 8,572 -438 -469 -639 -250.7 － Jul 15, 2025 J-GAAP
Aug, 2025 Results 8,841 -404 -435 -808 -317.6 7.50 Oct 15, 2025 J-GAAP
Revision Rate +3.1% +7.8% +7.2% -26.4% -26.7%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Sep - Feb, 2024 4,726 -81 -97 -205 -80.6 7.50 Apr 14, 2025 J-GAAP
Sep - Feb, 2025 Guidance 4,371 135 113 95 37.3 0 Oct 15, 2025 J-GAAP
YoY -7.5% － － － －

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Aug, 2024 10,780 -158 -186 -459 -180.4 15 Oct 15, 2024 J-GAAP
Aug, 2025 8,841 -404 -435 -808 -317.6 7.50 Oct 15, 2025 J-GAAP
Aug, 2026 Guidance 8,481 30 -13 -52 -20.4 0 Oct 15, 2025 J-GAAP
YoY -4.1% － +97.0% +93.6% +93.6%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jun - Aug, 2024 2,396 -100 -109 -302 -118.7 -4.2 Oct 15, 2024 J-GAAP
Sep - Nov, 2024 1,957 -142 -150 -153 -60.5 -7.3 Jan 14, 2025 J-GAAP
Dec - Feb, 2024 2,769 61 53 -52 -20.5 2.2 Apr 14, 2025 J-GAAP
Mar - May, 2025 1,981 -166 -173 -229 -90.0 -8.4 Jul 15, 2025 J-GAAP
Jun - Aug, 2025 2,134 -157 -165 -374 -147.0 -7.4 Oct 15, 2025 J-GAAP
YoY -10.9% -57.0% -51.4% -23.8% -23.9%

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