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PILOT, Jul-Sep (3Q) Ordinary Profit Increases by 12%
7846 PILOT CORPORATION 【J-GAAP】
Earnings ReportPILOT CORPORATION <7846> [TSE Prime] announced its financial results after the market closed on November 6th (16:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending December 2025 (January to September) decreased 4.8% from the same period last year to 14.6 billion yen. However, Progress toward the full-year plan of 19.0 billion yen was 76.9%, almost the same as the five-year average of 77.8%.
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 decrease 7.8% from the same period last year to 4.38 billion yen.
In the most recent three-month period, from July to September (3Q), the consolidated ordinary profit grew 11.9% from the same period last year, reaching 3.00 billion yen. However, the operating profit margin significantly dropped from 14.5% in the same period last year to 8.5%.
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 | 88,251 | 14,826 | 17,305 | 11,988 | 303.9 | 83.0 | Nov 7, 2023 | J-GAAP |
| Jan - Sep, 2024 | 95,304 | 14,241 | 15,362 | 11,861 | 302.3 | 76.4 | Nov 6, 2024 | J-GAAP |
| Jan - Sep, 2025 | 94,456 | 14,266 | 14,620 | 10,348 | 270.2 | 76.9 | Nov 6, 2025 | J-GAAP |
| YoY | -0.9% | +0.2% | -4.8% | -12.8% | -10.6% |
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 | 60,529 | 7,854 | 7,434 | 6,248 | 159.9 | 64 | Feb 14, 2025 | J-GAAP |
| Jul - Dec, 2025 Guidance | 68,036 | 6,230 | 7,385 | 6,840 | 183.9 | 60 | Aug 7, 2025 | J-GAAP |
| YoY | +12.4% | -20.7% | -0.7% | +9.5% | +15.0% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2023 | 118,590 | 19,003 | 20,840 | 13,661 | 346.3 | 100 | Feb 13, 2024 | J-GAAP |
| Dec, 2024 | 126,168 | 17,805 | 20,110 | 15,181 | 388.5 | 117 | Feb 14, 2025 | J-GAAP |
| Dec, 2025 Guidance | 133,000 | 18,000 | 19,000 | 14,500 | 389.9 | 120 | Aug 7, 2025 | J-GAAP |
| YoY | +5.4% | +1.1% | -5.5% | -4.5% | +0.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 29,665 | 4,290 | 2,686 | 2,928 | 74.6 | 14.5 | Nov 6, 2024 | J-GAAP |
| Oct - Dec, 2024 | 30,864 | 3,564 | 4,748 | 3,320 | 85.0 | 11.5 | Feb 14, 2025 | J-GAAP |
| Jan - Mar, 2025 | 29,118 | 4,634 | 4,090 | 1,856 | 48.2 | 15.9 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 35,846 | 7,136 | 7,525 | 5,804 | 150.7 | 19.9 | Aug 7, 2025 | J-GAAP |
| Jul - Sep, 2025 | 29,492 | 2,496 | 3,005 | 2,688 | 70.2 | 8.5 | Nov 6, 2025 | J-GAAP |
| YoY | -0.6% | -41.8% | +11.9% | -8.2% | -5.9% |
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