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Miyoshi Oil&Fat, Jan-Sep (Cumulative 3Q) Ordinary Profit Decreases by 62%
4404 Miyoshi Oil & Fat Co.,Ltd. 【J-GAAP】
Earnings ReportMiyoshi Oil & Fat Co.,Ltd. <4404> [TSE Std] announced its financial results at noon (11:50) on November 6th. The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending December 2025 (January to September) significantly dropped 62.4% from the same period last year to 1.12 billion yen. Progress toward the full-year plan of 2.13 billion yen was 53.0%, also falling below the five-year average of 80.6%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to December period (4Q) is expected to surge 334 times that of the same period last year, reaching 1.00 billion yen.
In the most recent three-month period, from July to September (3Q), the consolidated ordinary profit grew 19.6% from the same period last year, reaching 0.59 billion yen. The operating profit margin improved from 3.9% in the same period last year to 4.2%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Sep, 2023 | 41,373 | 1,471 | 1,619 | 1,259 | 123.2 | 62.4 | Nov 6, 2023 | J-GAAP |
| Jan - Sep, 2024 | 42,166 | 2,944 | 3,004 | 2,783 | 273.4 | 99.9 | Nov 5, 2024 | J-GAAP |
| Jan - Sep, 2025 | 43,760 | 1,150 | 1,129 | 9,152 | 897.8 | 53.0 | Nov 6, 2025 | J-GAAP |
| YoY | +3.8% | -60.9% | -62.4% | +228.9% | +228.3% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Dec, 2024 | 28,499 | 547 | 499 | 417 | 41.0 | 60 | Feb 10, 2025 | J-GAAP |
| Jul - Dec, 2025 Guidance | 26,758 | 1,817 | 1,594 | 940 | 92.2 | 100 | Aug 4, 2025 | J-GAAP |
| YoY | -6.1% | +232.2% | +219.4% | +125.4% | +124.9% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2023 | 56,236 | 2,372 | 2,594 | 2,077 | 203.3 | 50 | Feb 13, 2024 | J-GAAP |
| Dec, 2024 | 57,033 | 2,961 | 3,007 | 2,819 | 277.0 | 60 | Feb 10, 2025 | J-GAAP |
| Dec, 2025 Guidance | 56,300 | 2,370 | 2,130 | 9,680 | 948.9 | 100 | Feb 10, 2025 | J-GAAP |
| YoY | -1.3% | -20.0% | -29.2% | +243.4% | +242.5% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 13,632 | 530 | 496 | 381 | 37.4 | 3.9 | Nov 5, 2024 | J-GAAP |
| Oct - Dec, 2024 | 14,867 | 17 | 3 | 36 | 3.5 | 0.1 | Feb 10, 2025 | J-GAAP |
| Jan - Mar, 2025 | 14,306 | 352 | 254 | 114 | 11.2 | 2.5 | May 12, 2025 | J-GAAP |
| Apr - Jun, 2025 | 15,236 | 201 | 282 | 8,626 | 846.5 | 1.3 | Aug 4, 2025 | J-GAAP |
| Jul - Sep, 2025 | 14,218 | 597 | 593 | 412 | 40.4 | 4.2 | Nov 6, 2025 | J-GAAP |
| YoY | +4.3% | +12.6% | +19.6% | +8.1% | +8.0% |
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