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ZERIA PHARMA, First Half Ordinary Profit Decreases by 67%, Jul-Sep Ordinary Profit Decreases by 60%
4559 ZERIA PHARMACEUTICAL CO.,LTD. 【J-GAAP】
Earnings ReportZERIA PHARMACEUTICAL CO.,LTD. <4559> [TSE Prime] announced its financial results after the market closed on November 5th (16:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) significantly dropped 66.6% from the same period last year to 2.65 billion yen. Progress toward the full-year plan of 12.0 billion yen was 22.1%, also falling below the five-year average of 57.6%.
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 expand 91.0% from the same period last year, reaching 9.34 billion yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit significantly dropped to 0.99 billion yen, a 60.1% decrease compared to the same period last year. The operating profit margin decreased from 12.0% in the same period last year to 10.4%.
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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 | 36,678 | 5,327 | 5,495 | 5,396 | 122.4 | 64.5 | Nov 1, 2023 | J-GAAP |
| Apr - Sep, 2024 | 42,422 | 6,459 | 7,949 | 6,061 | 137.5 | 61.9 | Nov 6, 2024 | J-GAAP |
| Apr - Sep, 2025 | 39,960 | 3,641 | 2,656 | 1,737 | 39.4 | 22.1 | Nov 5, 2025 | J-GAAP |
| YoY | -5.8% | -43.6% | -66.6% | -71.3% | -71.3% |
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 | 39,960 | 3,640 | 2,650 | 1,730 | 39.3 | 24 | Oct 31, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 39,960 | 3,641 | 2,656 | 1,737 | 39.4 | 24 | Nov 5, 2025 | J-GAAP |
| Revision Rate | 0.0% | +0.0% | +0.2% | +0.4% | +0.4% |
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 | 44,889 | 5,738 | 4,891 | 3,875 | 87.9 | 24 | May 8, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 50,040 | 8,359 | 9,344 | 7,763 | 176.1 | 24 | Nov 5, 2025 | J-GAAP |
| YoY | +11.5% | +45.7% | +91.0% | +100.3% | +100.3% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 75,725 | 9,621 | 8,513 | 7,731 | 175.4 | 44 | May 9, 2024 | J-GAAP |
| Mar, 2025 | 87,311 | 12,197 | 12,840 | 9,936 | 225.4 | 47 | May 8, 2025 | J-GAAP |
| Mar, 2026 Guidance | 90,000 | 12,000 | 12,000 | 9,500 | 215.5 | 48 | May 8, 2025 | J-GAAP |
| YoY | +3.1% | -1.6% | -6.5% | -4.4% | -4.4% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 20,967 | 2,520 | 2,490 | 1,849 | 42.0 | 12.0 | Nov 6, 2024 | J-GAAP |
| Oct - Dec, 2024 | 22,351 | 3,787 | 2,712 | 2,165 | 49.1 | 16.9 | Feb 5, 2025 | J-GAAP |
| Jan - Mar, 2025 | 22,538 | 1,951 | 2,179 | 1,710 | 38.8 | 8.7 | May 8, 2025 | J-GAAP |
| Apr - Jun, 2025 | 19,489 | 1,520 | 1,662 | 1,090 | 24.8 | 7.8 | Aug 5, 2025 | J-GAAP |
| Jul - Sep, 2025 | 20,471 | 2,121 | 994 | 647 | 14.7 | 10.4 | Nov 5, 2025 | J-GAAP |
| YoY | -2.4% | -15.8% | -60.1% | -65.0% | -65.0% |
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