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Yokogawa Bridge, First Half Ordinary Profit Increases by 23%, Jul-Sep Ordinary Profit Increases by 51%
5911 Yokogawa Bridge Holdings Corp. 【J-GAAP】
Earnings ReportYokogawa Bridge Holdings Corp. <5911> [TSE Prime] announced its financial results after the market closed on October 29th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) increased 23.0% from the same period last year, reaching 4.41 billion yen. However, Progress toward the full-year plan of 11.8 billion yen was 37.4%, almost the same as the five-year average of 37.9%.
Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to drop 41.9% from the same period last year to 7.38 billion yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit increased 50.9% from the same period last year, reaching 3.34 billion yen. The operating profit margin improved from 7.1% in the same period last year to 9.3%.
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 | 82,306 | 7,316 | 7,477 | 5,855 | 143.3 | 47.2 | Oct 30, 2023 | J-GAAP |
| Apr - Sep, 2024 | 72,932 | 3,995 | 3,592 | 3,532 | 86.8 | 22.0 | Oct 29, 2024 | J-GAAP |
| Apr - Sep, 2025 | 69,529 | 4,489 | 4,418 | 2,991 | 74.8 | 37.4 | Oct 29, 2025 | J-GAAP |
| YoY | -4.7% | +12.4% | +23.0% | -15.3% | -13.8% |
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 | 74,500 | 4,500 | 4,400 | 3,000 | 75.3 | 60 | May 14, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 69,529 | 4,489 | 4,418 | 2,991 | 74.8 | 60 | Oct 29, 2025 | J-GAAP |
| Revision Rate | -6.7% | -0.2% | +0.4% | -0.3% | -0.6% |
Guidance Update
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 162,000 | 12,000 | 11,800 | 8,100 | 204.7 | 120 | May 14, 2025 | J-GAAP |
| Mar, 2026 New | 159,000 | 12,000 | 11,800 | 8,100 | 204.7 | 120 | Oct 29, 2025 | J-GAAP |
| Revision Rate | -1.9% | 0.0% | 0.0% | 0.0% | 0.0% |
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 | 86,436 | 12,682 | 12,703 | 9,327 | 229.9 | 55 | May 14, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 89,471 | 7,511 | 7,382 | 5,109 | 129.1 | 60 | Oct 29, 2025 | J-GAAP |
| YoY | +3.5% | -40.8% | -41.9% | -45.2% | -43.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 164,076 | 15,946 | 15,857 | 11,854 | 291.2 | 95 | May 13, 2024 | J-GAAP |
| Mar, 2025 | 159,368 | 16,677 | 16,295 | 12,859 | 317.0 | 110 | May 14, 2025 | J-GAAP |
| Mar, 2026 Guidance | 159,000 | 12,000 | 11,800 | 8,100 | 204.7 | 120 | Oct 29, 2025 | J-GAAP |
| YoY | -0.2% | -28.0% | -27.6% | -37.0% | -35.4% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 36,984 | 2,609 | 2,216 | 2,250 | 55.3 | 7.1 | Oct 29, 2024 | J-GAAP |
| Oct - Dec, 2024 | 42,332 | 4,225 | 4,408 | 3,176 | 78.1 | 10.0 | Jan 29, 2025 | J-GAAP |
| Jan - Mar, 2025 | 44,104 | 8,457 | 8,295 | 6,151 | 151.6 | 19.2 | May 14, 2025 | J-GAAP |
| Apr - Jun, 2025 | 33,451 | 1,117 | 1,074 | 732 | 18.3 | 3.3 | Jul 28, 2025 | J-GAAP |
| Jul - Sep, 2025 | 36,078 | 3,372 | 3,344 | 2,259 | 56.5 | 9.3 | Oct 29, 2025 | J-GAAP |
| YoY | -2.4% | +29.2% | +50.9% | +0.4% | +2.2% |
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