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RAITO KOGYO, First Half Ordinary Profit Increases by 27%, Jul-Sep Ordinary Profit Increases by 27%
1926 RAITO KOGYO CO., LTD. 【J-GAAP】
Earnings ReportRAITO KOGYO CO., LTD. <1926> [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) increased 26.5% from the same period last year, reaching 7.08 billion yen. Progress toward the full-year plan of 13.8 billion yen was 51.1%, also surpassing the five-year average of 41.4%.
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 decrease 10.6% from the same period last year to 6.76 billion yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit grew 27.1% from the same period last year, reaching 4.27 billion yen. The operating profit margin rose from 11.5% in the same period last year to 11.9%.
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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 | 55,075 | 5,262 | 5,370 | 3,587 | 73.5 | 46.3 | Nov 9, 2023 | J-GAAP |
| Apr - Sep, 2024 | 54,967 | 5,503 | 5,598 | 3,768 | 79.8 | 42.5 | Nov 7, 2024 | J-GAAP |
| Apr - Sep, 2025 | 65,063 | 6,908 | 7,082 | 5,015 | 114.6 | 51.1 | Nov 6, 2025 | J-GAAP |
| YoY | +18.4% | +25.5% | +26.5% | +33.1% | +43.5% |
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 | 62,800 | 6,500 | 6,600 | 4,550 | 104.8 | 40 | May 14, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 65,063 | 6,908 | 7,082 | 5,015 | 114.6 | 40 | Nov 6, 2025 | J-GAAP |
| Revision Rate | +3.6% | +6.3% | +7.3% | +10.2% | +9.3% |
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 | 66,490 | 7,308 | 7,571 | 6,151 | 132.9 | 70 | May 14, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 62,437 | 6,792 | 6,768 | 4,485 | 104.8 | 67 | Nov 6, 2025 | J-GAAP |
| YoY | -6.1% | -7.1% | -10.6% | -27.1% | -21.1% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 117,324 | 11,245 | 11,609 | 8,181 | 168.2 | 70 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 121,457 | 12,811 | 13,169 | 9,919 | 214.3 | 100 | May 14, 2025 | J-GAAP |
| Mar, 2026 Guidance | 127,500 | 13,700 | 13,850 | 9,500 | 222.0 | 107 | May 14, 2025 | J-GAAP |
| YoY | +5.0% | +6.9% | +5.2% | -4.2% | +3.6% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 29,546 | 3,405 | 3,362 | 2,257 | 47.8 | 11.5 | Nov 7, 2024 | J-GAAP |
| Oct - Dec, 2024 | 34,119 | 3,919 | 4,111 | 2,858 | 61.2 | 11.5 | Feb 6, 2025 | J-GAAP |
| Jan - Mar, 2025 | 32,371 | 3,389 | 3,460 | 3,293 | 71.2 | 10.5 | May 14, 2025 | J-GAAP |
| Apr - Jun, 2025 | 30,520 | 2,785 | 2,809 | 1,955 | 44.4 | 9.1 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 34,543 | 4,123 | 4,273 | 3,060 | 69.9 | 11.9 | Nov 6, 2025 | J-GAAP |
| YoY | +16.9% | +21.1% | +27.1% | +35.6% | +46.2% |
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