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AXELL, First Half Ordinary Profit Increases by 23%
6730 AXELL CORPORATION 【J-GAAP】
Earnings ReportAXELL CORPORATION <6730> [TSE Std] announced its financial results after the market closed on November 6th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) increased 23.3% from the same period last year, reaching 1.22 billion yen. Progress toward the full-year plan of 1.48 billion yen was 82.9%, also surpassing the five-year average of 53.7%.
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 significant drop 53.7% from the same period last year to 0.25 billion yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit decreased to 0.38 billion yen, an 18.1% decrease compared to the same period last year. The operating profit margin decreased from 10.0% in the same period last year to 9.5%.
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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 | 9,226 | 1,476 | 1,474 | 1,053 | 96.7 | 60.2 | Nov 8, 2023 | J-GAAP |
| Apr - Sep, 2024 | 8,142 | 937 | 995 | 692 | 63.3 | 64.5 | Nov 6, 2024 | J-GAAP |
| Apr - Sep, 2025 | 7,635 | 1,148 | 1,227 | 858 | 79.0 | 82.9 | Nov 6, 2025 | J-GAAP |
| YoY | -6.2% | +22.5% | +23.3% | +24.0% | +24.8% |
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 | 7,520 | 1,090 | 1,160 | 820 | 76.2 | 0 | Sep 22, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 7,635 | 1,148 | 1,227 | 858 | 79.0 | 0 | Nov 6, 2025 | J-GAAP |
| Revision Rate | +1.5% | +5.3% | +5.8% | +4.6% | +3.8% |
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 | 7,102 | 524 | 547 | 286 | 26.1 | 45 | May 9, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 6,135 | 242 | 253 | 192 | 17.8 | 49 | Nov 6, 2025 | J-GAAP |
| YoY | -13.6% | -53.8% | -53.7% | -32.9% | -31.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 17,570 | 2,426 | 2,449 | 1,771 | 162.4 | 81 | May 9, 2024 | J-GAAP |
| Mar, 2025 | 15,244 | 1,461 | 1,542 | 978 | 89.4 | 45 | May 9, 2025 | J-GAAP |
| Mar, 2026 Guidance | 13,770 | 1,390 | 1,480 | 1,050 | 97.5 | 49 | Sep 22, 2025 | J-GAAP |
| YoY | -9.7% | -4.9% | -4.0% | +7.4% | +9.1% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 4,081 | 409 | 474 | 325 | 29.7 | 10.0 | Nov 6, 2024 | J-GAAP |
| Oct - Dec, 2024 | 3,739 | 363 | 334 | 140 | 12.8 | 9.7 | Feb 7, 2025 | J-GAAP |
| Jan - Mar, 2025 | 3,363 | 161 | 213 | 146 | 13.3 | 4.8 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 4,027 | 807 | 839 | 585 | 53.5 | 20.0 | Aug 5, 2025 | J-GAAP |
| Jul - Sep, 2025 | 3,608 | 341 | 388 | 273 | 25.2 | 9.5 | Nov 6, 2025 | J-GAAP |
| YoY | -11.6% | -16.6% | -18.1% | -16.0% | -15.4% |
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