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GOLDWIN, First Half Ordinary Profit Decreases by 8%
8111 GOLDWIN INC. 【J-GAAP】
Earnings ReportGOLDWIN INC. <8111> [TSE Prime] announced its financial results in the morning on November 6th (10:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) decreased 8.3% from the same period last year to 9.09 billion yen. Progress toward the full-year plan of 33.9 billion yen was 26.8%, which was higher than the five-year average of 22.9%.
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 18.8% from the same period last year, reaching 24.8 billion yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit decreased to 5.33 billion yen, a 5.7% decrease compared to the same period last year. However, the operating profit margin jumped from 11.7% in the same period last year to 15.4%.
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 | 51,096 | 6,070 | 9,180 | 7,323 | 54.2 | 28.2 | Nov 7, 2023 | J-GAAP |
| Apr - Sep, 2024 | 53,367 | 5,214 | 9,917 | 7,865 | 58.3 | 32.2 | Nov 7, 2024 | J-GAAP |
| Apr - Sep, 2025 | 55,589 | 6,959 | 9,093 | 6,798 | 49.6 | 26.8 | Nov 6, 2025 | J-GAAP |
| YoY | +4.2% | +33.5% | -8.3% | -13.6% | -15.0% |
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 | 55,000 | 5,600 | 9,400 | 6,600 | 47.8 | 29 | May 14, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 55,589 | 6,959 | 9,093 | 6,798 | 49.6 | 29 | Nov 6, 2025 | J-GAAP |
| Revision Rate | +1.1% | +24.3% | -3.3% | +3.0% | +3.6% |
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 | 78,938 | 16,691 | 20,889 | 16,579 | 123.4 | 41 | May 14, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 84,911 | 18,941 | 24,807 | 18,602 | 135.6 | 29 | Nov 6, 2025 | J-GAAP |
| YoY | +7.6% | +13.5% | +18.8% | +12.2% | +9.9% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 126,907 | 23,847 | 32,601 | 24,281 | 179.7 | 54 | May 14, 2024 | J-GAAP |
| Mar, 2025 | 132,305 | 21,905 | 30,806 | 24,444 | 182.0 | 54.33 | May 14, 2025 | J-GAAP |
| Mar, 2026 Guidance | 140,500 | 25,900 | 33,900 | 25,400 | 185.2 | 58 | May 14, 2025 | J-GAAP |
| YoY | +6.2% | +18.2% | +10.0% | +3.9% | +1.8% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 28,766 | 3,375 | 5,659 | 4,205 | 31.2 | 11.7 | Nov 7, 2024 | J-GAAP |
| Oct - Dec, 2024 | 43,466 | 11,725 | 11,968 | 9,830 | 73.0 | 27.0 | Feb 6, 2025 | J-GAAP |
| Jan - Mar, 2025 | 35,472 | 4,966 | 8,921 | 6,749 | 50.3 | 14.0 | May 14, 2025 | J-GAAP |
| Apr - Jun, 2025 | 23,878 | 2,079 | 3,759 | 3,189 | 23.3 | 8.7 | Aug 6, 2025 | J-GAAP |
| Jul - Sep, 2025 | 31,711 | 4,880 | 5,334 | 3,609 | 26.3 | 15.4 | Nov 6, 2025 | J-GAAP |
| YoY | +10.2% | +44.6% | -5.7% | -14.2% | -15.6% |
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