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ROUND ONE, Net Income Forecast for the Fiscal Year Revised Downward by 3%
4680 ROUND ONE Corporation 【J-GAAP】
Earnings ReportROUND ONE Corporation <4680> [TSE Prime] announced its financial results (based on IFRS) at noon (11:30) on November 7th. The consolidated net income for the cumulative second quarter of the fiscal year ending March 2026 (April to September) was 8.85 billion yen, a 1.8% increase compared to the same period last year.
However, the full-year forecast for consolidated net income has decreased 3.3%, from the previous forecast of 18.4 billion yen to 17.8 billion yen (compared to 15.4 billion yen in the previous period), leading to a reduction in the profit growth rate from 19.8% to 15.8%.
Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated net income for the October to March period (second half) is expected to expand 33.8% from the same period last year, reaching 8.98 billion yen.
In the most recent three-month period, from July to September (2Q), the consolidated net income amounted to 5.44 billion yen, an increase of 2.8% compared to the same period last year. However, the operating profit margin remained almost flat, changing from 18.4% in the same period last year to 18.3%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2023 | 76,830 | 10,477 | 10,515 | 7,789 | 28.8 | 43.2 | Nov 10, 2023 | J-GAAP |
| Apr - Sep, 2024 | 86,031 | 13,918 | 12,279 | 8,694 | 32.2 | 53.4 | Nov 8, 2024 | IFRS |
| Apr - Sep, 2025 | 91,985 | 14,949 | 13,347 | 8,852 | 33.8 | 50.2 | Nov 7, 2025 | IFRS |
| YoY | +6.9% | +7.4% | +8.7% | +1.8% | +4.8% |
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 | 90,590 | 15,250 | 13,390 | 9,300 | 35.4 | 9 | May 9, 2025 | IFRS |
| Apr - Sep, 2025 Results | 91,985 | 14,949 | 13,347 | 8,852 | 33.8 | 9 | Nov 7, 2025 | IFRS |
| Revision Rate | +1.5% | -2.0% | -0.3% | -4.8% | -4.8% |
Guidance Update
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 193,160 | 31,220 | 27,230 | 18,450 | 70.2 | 18 | May 9, 2025 | IFRS |
| Mar, 2026 New | 188,780 | 30,136 | 26,592 | 17,833 | 67.8 | 18 | Nov 7, 2025 | IFRS |
| Revision Rate | -2.3% | -3.5% | -2.3% | -3.3% | -3.3% |
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 | 91,026 | 12,322 | 10,728 | 6,711 | 25.0 | 8 | May 9, 2025 | IFRS |
| Oct - Mar, 2025 Guidance | 96,795 | 15,187 | 13,245 | 8,981 | 34.2 | 9 | Nov 7, 2025 | IFRS |
| YoY | +6.3% | +23.3% | +23.5% | +33.8% | +36.7% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 159,181 | 24,195 | 24,316 | 15,666 | 58.0 | 12 | May 8, 2024 | J-GAAP |
| Mar, 2025 | 177,057 | 26,240 | 23,007 | 15,405 | 57.4 | 16 | May 9, 2025 | IFRS |
| Mar, 2026 Guidance | 188,780 | 30,136 | 26,592 | 17,833 | 67.8 | 18 | Nov 7, 2025 | IFRS |
| YoY | +6.6% | +14.8% | +15.6% | +15.8% | +18.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 45,642 | 8,385 | 7,485 | 5,299 | 19.6 | 18.4 | Nov 8, 2024 | IFRS |
| Oct - Dec, 2024 | 40,606 | 2,171 | 4,121 | 2,517 | 9.3 | 5.3 | Feb 10, 2025 | J-GAAP |
| Jan - Mar, 2025 | 50,420 | 10,151 | 6,607 | 4,194 | 15.6 | 20.1 | May 9, 2025 | IFRS |
| Apr - Jun, 2025 | 43,485 | 6,076 | 5,157 | 3,405 | 13.0 | 14.0 | Aug 8, 2025 | IFRS |
| Jul - Sep, 2025 | 48,500 | 8,873 | 8,190 | 5,447 | 20.8 | 18.3 | Nov 7, 2025 | IFRS |
| YoY | +6.3% | +5.8% | +9.4% | +2.8% | +5.8% |
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