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GLORY, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 13%

Mon Nov 10, 2025 3:00 pm JST Earnings

6457 GLORY LTD. 【J-GAAP】

Earnings Report

GLORY LTD. <6457> [TSE Prime] announced its financial results in the afternoon session on November 10th (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) significantly dropped 60.2% from the same period last year to 5.94 billion yen.

However, the full-year forecast for consolidated ordinary profit has been revised upward 12.8%, from the previous forecast of 19.5 billion yen to 22.0 billion yen (compared to 28.4 billion yen in the previous period), and the declining rate is expected to decrease from 31.4% to 22.6%.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to grow 19.0% from the same period last year, reaching 16.0 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit decreased to 4.72 billion yen, an 11.4% decrease compared to the same period last year. The operating profit margin drastically worsened from 9.5% in the same period last year to 5.9%.

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Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Sep, 2023 157,839 16,783 15,404 8,308 149.4 31.9 Nov 7, 2023 J-GAAP
Apr - Sep, 2024 185,098 19,682 14,928 7,869 141.2 52.5 Nov 7, 2024 J-GAAP
Apr - Sep, 2025 153,891 6,853 5,946 3,373 61.4 27.0 Nov 10, 2025 J-GAAP
YoY -16.9% -65.2% -60.2% -57.1% -56.5%

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 150,000 5,300 4,300 1,300 23.2 56 Aug 7, 2025 J-GAAP
Apr - Sep, 2025 Results 153,891 6,853 5,946 3,373 61.4 56 Nov 10, 2025 J-GAAP
Revision Rate +2.6% +29.3% +38.3% +159.5% +164.7%

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 340,000 21,500 19,500 10,000 181.0 112 May 13, 2025 J-GAAP
Mar, 2026 New 340,000 24,000 22,000 11,500 208.2 112 Nov 10, 2025 J-GAAP
Revision Rate 0.0% +11.6% +12.8% +15.0% +15.0%

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 183,919 15,491 13,486 8,184 146.7 54 May 13, 2025 J-GAAP
Oct - Mar, 2025 Guidance 186,109 17,147 16,054 8,127 147.1 56 Nov 10, 2025 J-GAAP
YoY +1.2% +10.7% +19.0% -0.7% +0.3%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 372,478 51,110 48,272 29,590 532.1 106 May 10, 2024 J-GAAP
Mar, 2025 369,017 35,173 28,414 16,053 287.8 108 May 13, 2025 J-GAAP
Mar, 2026 Guidance 340,000 24,000 22,000 11,500 208.2 112 Nov 10, 2025 J-GAAP
YoY -7.9% -31.8% -22.6% -28.4% -27.7%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 92,323 8,809 5,328 1,848 33.2 9.5 Nov 7, 2024 J-GAAP
Oct - Dec, 2024 94,935 9,661 7,532 4,708 84.4 10.2 Feb 6, 2025 J-GAAP
Jan - Mar, 2025 88,984 5,830 5,954 3,476 62.3 6.6 May 13, 2025 J-GAAP
Apr - Jun, 2025 72,331 2,057 1,224 342 6.2 2.8 Aug 7, 2025 J-GAAP
Jul - Sep, 2025 81,560 4,796 4,722 3,031 55.2 5.9 Nov 10, 2025 J-GAAP
YoY -11.7% -45.6% -11.4% +64.0% +66.4%

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