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SAFTEC, First Half Ordinary Profit Decreases by 24%
7464 SAFTEC CO.,LTD. 【J-GAAP】
Earnings ReportSAFTEC CO.,LTD. <7464> [TSE Std] announced its financial results in the afternoon session on October 31st (15:10). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) decreased 23.8% from the same period last year to 80 million yen, fell short of the previous forecast of 104 million yen.
Progress toward the full-year plan of 383 million yen was 20.9%, also falling below the five-year average of 39.3%.
Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to grow 19.8% from the same period last year, reaching 303 million yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit decreased to 103 million yen, a 13.4% decrease compared to the same period last year. The operating profit margin worsened from 4.5% in the same period last year to 3.9%.
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 | 4,947 | 164 | 172 | 102 | 56.3 | 31.4 | Oct 30, 2023 | J-GAAP |
| Apr - Sep, 2024 | 5,176 | 104 | 105 | 31 | 17.7 | 29.3 | Oct 31, 2024 | J-GAAP |
| Apr - Sep, 2025 | 5,075 | 73 | 80 | 27 | 15.3 | 20.9 | Oct 31, 2025 | J-GAAP |
| YoY | -2.0% | -29.8% | -23.8% | -12.9% | -13.4% |
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 | 5,169 | 102 | 104 | 44 | 24.8 | 0 | May 9, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 5,075 | 73 | 80 | 27 | 15.3 | 0 | Oct 31, 2025 | J-GAAP |
| Revision Rate | -1.8% | -28.4% | -23.1% | -38.6% | -38.2% |
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 | 5,136 | 250 | 253 | 198 | 111.9 | 85 | May 9, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 5,343 | 297 | 303 | 228 | 128.4 | 60 | Oct 31, 2025 | J-GAAP |
| YoY | +4.0% | +18.8% | +19.8% | +15.2% | +14.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 10,123 | 535 | 547 | 346 | 191.8 | 85 | May 9, 2024 | J-GAAP |
| Mar, 2025 | 10,312 | 354 | 358 | 229 | 129.4 | 85 | May 9, 2025 | J-GAAP |
| Mar, 2026 Guidance | 10,418 | 370 | 383 | 255 | 143.6 | 60 | May 9, 2025 | J-GAAP |
| YoY | +1.0% | +4.5% | +7.0% | +11.4% | +11.0% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 2,632 | 119 | 119 | 71 | 40.5 | 4.5 | Oct 31, 2024 | J-GAAP |
| Oct - Dec, 2024 | 2,819 | 192 | 194 | 142 | 80.2 | 6.8 | Jan 31, 2025 | J-GAAP |
| Jan - Mar, 2025 | 2,317 | 58 | 59 | 56 | 31.6 | 2.5 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 2,507 | -26 | -23 | -56 | -32.1 | -1.0 | Jul 31, 2025 | J-GAAP |
| Jul - Sep, 2025 | 2,568 | 99 | 103 | 83 | 47.1 | 3.9 | Oct 31, 2025 | J-GAAP |
| YoY | -2.4% | -16.8% | -13.4% | +16.9% | +16.3% |
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