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MORIYA, Ordinary Profit Forecast for the Fiscal Year Revised Upward to an Unexpected 33% Increase, Raises Record High Profit, Dividend Revised Upward by 30 Yen

Fri Oct 31, 2025 3:00 pm JST Earnings

1798 MORIYA CORPORATION 【J-GAAP】

Earnings Report

MORIYA CORPORATION <1798> [TSE Std] announced its financial results in the afternoon session on October 31st (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) surged 2.6 times that of the same period last year, reaching 2.41 billion yen.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 43.2%, from the previous forecast of 2.20 billion yen to 3.15 billion yen (compared to 2.37 billion yen in the previous period), record profits reach three consecutive terms, turning to a 32.9% increase in the consolidated ordinary profit outlook.

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 49.4% from the same period last year to 0.73 billion yen.

In light of the strong performance, the company has increased its planned year-end lump-sum dividend for the current fiscal year from the original plan of 120 yen to 150 yen (compared to 100 yen in the previous period).

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit surged 2.7 times that of the same period last year, reaching 1.38 billion yen. The operating profit margin drastically improved from 4.2% in the same period last year to 11.0%.

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Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Sep, 2023 20,372 1,139 1,169 844 385.2 51.4 Oct 31, 2023 J-GAAP
Apr - Sep, 2024 21,580 860 919 601 276.3 38.8 Oct 31, 2024 J-GAAP
Apr - Sep, 2025 25,807 2,381 2,415 1,686 774.1 76.7 Oct 31, 2025 J-GAAP
YoY +19.6% +176.9% +162.8% +180.5% +180.1%

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 ー ー ー ー － 0 May 12, 2025 J-GAAP
Apr - Sep, 2025 Results 25,807 2,381 2,415 1,686 774.1 0 Oct 31, 2025 J-GAAP
Revision Rate － － － － －

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 50,500 2,200 2,200 1,500 687.8 120 May 12, 2025 J-GAAP
Mar, 2026 New 52,500 3,150 3,150 2,200 1,008.7 150 Oct 31, 2025 J-GAAP
Revision Rate +4.0% +43.2% +43.2% +46.7% +46.7%

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 28,686 1,431 1,452 1,049 482.1 100 May 12, 2025 J-GAAP
Oct - Mar, 2025 Guidance 26,693 769 735 514 235.7 150 Oct 31, 2025 J-GAAP
YoY -6.9% -46.3% -49.4% -51.0% -51.1%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 43,344 2,223 2,273 1,606 732.5 80 May 13, 2024 J-GAAP
Mar, 2025 50,266 2,291 2,371 1,650 758.4 100 May 12, 2025 J-GAAP
Mar, 2026 Guidance 52,500 3,150 3,150 2,200 1,008.7 150 Oct 31, 2025 J-GAAP
YoY +4.4% +37.5% +32.9% +33.3% +33.0%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 11,711 496 519 352 161.8 4.2 Oct 31, 2024 J-GAAP
Oct - Dec, 2024 14,683 841 855 592 272.1 5.7 Feb 10, 2025 J-GAAP
Jan - Mar, 2025 14,003 590 597 457 210.0 4.2 May 12, 2025 J-GAAP
Apr - Jun, 2025 13,265 1,007 1,034 738 339.2 7.6 Aug 8, 2025 J-GAAP
Jul - Sep, 2025 12,542 1,374 1,381 948 435.2 11.0 Oct 31, 2025 J-GAAP
YoY +7.1% +177.0% +166.1% +169.3% +168.9%

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