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OHSHO FOOD SERVICE, Jul-Sep (2Q) Ordinary Profit Decreases by 19%
9936 OHSHO FOOD SERVICE CORP. 【J-GAAP】
Earnings ReportOHSHO FOOD SERVICE CORP. <9936> [TSE Prime] announced its financial results after the market closed on October 31st (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) was 5.46 billion yen, a 0.1% decrease compared to the same period last year, resulting in a decrease in profits compared to the previous forecast of a 2.5% increase.
Progress toward the full-year plan of 11.4 billion yen was 47.8%, almost the same as the five-year average of 47.1%.
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 1.9% from the same period last year, reaching 5.95 billion yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit decreased to 2.34 billion yen, an 18.8% decrease compared to the same period last year. The operating profit margin decreased from 10.2% in the same period last year to 8.0%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2023 | 49,744 | 4,988 | 5,122 | 3,896 | 69.1 | 48.8 | Oct 31, 2023 | J-GAAP |
| Apr - Sep, 2024 | 53,879 | 5,247 | 5,469 | 3,645 | 64.6 | 48.3 | Oct 31, 2024 | J-GAAP |
| Apr - Sep, 2025 | 58,503 | 5,314 | 5,462 | 3,655 | 68.3 | 47.8 | Oct 31, 2025 | J-GAAP |
| YoY | +8.6% | +1.3% | -0.1% | +0.3% | +5.8% |
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 | 59,607 | 5,505 | 5,606 | 3,775 | 72.1 | 28 | May 15, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 58,503 | 5,314 | 5,462 | 3,655 | 68.3 | 28 | Oct 31, 2025 | J-GAAP |
| Revision Rate | -1.9% | -3.5% | -2.6% | -3.2% | -5.3% |
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 | 57,154 | 5,657 | 5,843 | 4,426 | 78.4 | 28 | May 15, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 61,228 | 5,957 | 5,955 | 4,430 | 84.6 | 28 | Oct 31, 2025 | J-GAAP |
| YoY | +7.1% | +5.3% | +1.9% | +0.1% | +8.0% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 101,401 | 10,286 | 10,496 | 7,911 | 140.2 | 48.33 | May 15, 2024 | J-GAAP |
| Mar, 2025 | 111,033 | 10,904 | 11,312 | 8,071 | 142.9 | 53 | May 15, 2025 | J-GAAP |
| Mar, 2026 Guidance | 119,731 | 11,271 | 11,417 | 8,085 | 154.5 | 56 | May 15, 2025 | J-GAAP |
| YoY | +7.8% | +3.4% | +0.9% | +0.2% | +8.1% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 27,458 | 2,806 | 2,893 | 1,943 | 34.4 | 10.2 | Oct 31, 2024 | J-GAAP |
| Oct - Dec, 2024 | 27,566 | 2,347 | 2,417 | 1,561 | 27.6 | 8.5 | Jan 31, 2025 | J-GAAP |
| Jan - Mar, 2025 | 29,588 | 3,310 | 3,426 | 2,865 | 50.7 | 11.2 | May 15, 2025 | J-GAAP |
| Apr - Jun, 2025 | 29,668 | 2,998 | 3,113 | 2,134 | 39.2 | 10.1 | Jul 31, 2025 | J-GAAP |
| Jul - Sep, 2025 | 28,835 | 2,316 | 2,349 | 1,521 | 28.4 | 8.0 | Oct 31, 2025 | J-GAAP |
| YoY | +5.0% | -17.5% | -18.8% | -21.7% | -17.4% |
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