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KAINOS Laboratories, First Half Ordinary Profit Decreases by 10%, Jul-Sep Ordinary Profit Decreases by 18%
4556 KAINOS Laboratories,Inc. 【J-GAAP】
Earnings ReportKAINOS Laboratories,Inc. <4556> [TSE Std] announced its financial results at noon (12:30) on October 28th. The ordinary profit (non-consolidated) for the cumulative second quarter of the fiscal year ending March 2026 (April to September) decreased 9.7% from the same period last year to 427 million yen. Progress toward the full-year plan of 850 million yen was 50.2%, below the five-year average of 56.5%.
Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the October to March period (second half) is expected to grow 19.2% from the same period last year, reaching 423 million yen.
In the most recent three-month period, from July to September (2Q), the ordinary profit decreased to 169 million yen, an 18.4% decrease compared to the same period last year. The operating profit margin decreased from 14.9% in the same period last year to 12.4%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2023 | 2,487 | 517 | 525 | 370 | 88.7 | 56.6 | Oct 25, 2023 | J-GAAP |
| Apr - Sep, 2024 | 2,670 | 471 | 473 | 347 | 82.5 | 57.1 | Oct 25, 2024 | J-GAAP |
| Apr - Sep, 2025 | 2,768 | 422 | 427 | 306 | 72.7 | 50.2 | Oct 28, 2025 | J-GAAP |
| YoY | +3.7% | -10.4% | -9.7% | -11.8% | -12.0% |
First Half Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 Guidance | 2,700 | 400 | 400 | 280 | 66.4 | 0 | May 9, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 2,768 | 422 | 427 | 306 | 72.7 | 0 | Oct 28, 2025 | J-GAAP |
| Revision Rate | +2.5% | +5.5% | +6.8% | +9.3% | +9.4% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2024 | 2,635 | 352 | 355 | 294 | 69.7 | 35 | May 9, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 2,732 | 428 | 423 | 294 | 69.7 | 32 | Oct 28, 2025 | J-GAAP |
| YoY | +3.7% | +21.6% | +19.2% | 0.0% | 0.0% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 5,056 | 865 | 928 | 637 | 152.3 | 32 | May 9, 2024 | J-GAAP |
| Mar, 2025 | 5,305 | 823 | 828 | 641 | 152.1 | 35 | May 9, 2025 | J-GAAP |
| Mar, 2026 Guidance | 5,500 | 850 | 850 | 600 | 142.3 | 32 | May 9, 2025 | J-GAAP |
| YoY | +3.7% | +3.3% | +2.7% | -6.4% | -6.4% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 1,374 | 205 | 207 | 160 | 38.1 | 14.9 | Oct 25, 2024 | J-GAAP |
| Oct - Dec, 2024 | 1,382 | 199 | 202 | 143 | 33.9 | 14.4 | Jan 24, 2025 | J-GAAP |
| Jan - Mar, 2025 | 1,253 | 153 | 153 | 151 | 35.8 | 12.2 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 1,431 | 256 | 258 | 183 | 43.6 | 17.9 | Jul 25, 2025 | J-GAAP |
| Jul - Sep, 2025 | 1,337 | 166 | 169 | 123 | 29.2 | 12.4 | Oct 28, 2025 | J-GAAP |
| YoY | -2.7% | -19.0% | -18.4% | -23.1% | -23.3% |
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Nikkei 225 open on the 28th = 155 yen lower, 50,357 yen