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Arisawa Mfg, First Half Ordinary Profit Decreases by 26%, Jul-Sep Ordinary Profit Decreases by 25%
5208 Arisawa Mfg. Co.,Ltd. 【J-GAAP】
Earnings ReportArisawa Mfg. Co.,Ltd. <5208> [TSE Prime] announced its financial results after the market closed on November 6th (16:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) decreased 26.2% from the same period last year to 2.15 billion yen. Progress toward the full-year plan of 4.50 billion yen was 47.9%, almost the same as the five-year average of 50.1%.
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 nearly flat at 2.34 billion yen, down 0.2% from the same period last year.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit decreased to 1.18 billion yen, a 24.9% decrease compared to the same period last year. The operating profit margin decreased from 12.7% in the same period last year to 11.2%.
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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 | 19,895 | 169 | 218 | 563 | 17.0 | 14.7 | Nov 9, 2023 | J-GAAP |
| Apr - Sep, 2024 | 25,172 | 2,734 | 2,917 | 2,122 | 63.9 | 55.4 | Nov 7, 2024 | J-GAAP |
| Apr - Sep, 2025 | 26,537 | 2,454 | 2,154 | 1,562 | 47.0 | 47.9 | Nov 6, 2025 | J-GAAP |
| YoY | +5.4% | -10.2% | -26.2% | -26.4% | -26.5% |
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 | 24,600 | 2,100 | 2,200 | 1,500 | 45.1 | 44 | May 7, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 26,537 | 2,454 | 2,154 | 1,562 | 47.0 | 44 | Nov 6, 2025 | J-GAAP |
| Revision Rate | +7.9% | +16.9% | -2.1% | +4.1% | +4.2% |
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 | 24,643 | 2,159 | 2,350 | 1,847 | 55.6 | 54 | May 7, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 24,863 | 2,046 | 2,346 | 1,638 | 49.2 | 44 | Nov 6, 2025 | J-GAAP |
| YoY | +0.9% | -5.2% | -0.2% | -11.3% | -11.5% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 42,114 | 1,483 | 1,488 | 1,639 | 49.5 | 60 | May 9, 2024 | J-GAAP |
| Mar, 2025 | 49,815 | 4,893 | 5,267 | 3,969 | 119.5 | 96 | May 7, 2025 | J-GAAP |
| Mar, 2026 Guidance | 51,400 | 4,500 | 4,500 | 3,200 | 96.2 | 88 | May 7, 2025 | J-GAAP |
| YoY | +3.2% | -8.0% | -14.6% | -19.4% | -19.5% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 13,092 | 1,665 | 1,573 | 1,152 | 34.7 | 12.7 | Nov 7, 2024 | J-GAAP |
| Oct - Dec, 2024 | 12,610 | 1,078 | 1,172 | 882 | 26.6 | 8.5 | Feb 6, 2025 | J-GAAP |
| Jan - Mar, 2025 | 12,033 | 1,081 | 1,178 | 965 | 29.1 | 9.0 | May 7, 2025 | J-GAAP |
| Apr - Jun, 2025 | 12,634 | 902 | 972 | 728 | 21.9 | 7.1 | Aug 7, 2025 | J-GAAP |
| Jul - Sep, 2025 | 13,903 | 1,552 | 1,182 | 834 | 25.1 | 11.2 | Nov 6, 2025 | J-GAAP |
| YoY | +6.2% | -6.8% | -24.9% | -27.6% | -27.7% |
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