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GLOBERIDE, Ordinary Profit Forecast for the Fiscal Year Revised Downward to an Unexpected 15% Decrease
7990 GLOBERIDE, Inc. 【J-GAAP】
Earnings ReportGLOBERIDE, Inc. <7990> [TSE Prime] announced its financial results after the market closed on November 10th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) increased 5.2% from the same period last year, reaching 5.09 billion yen.
However, the full-year forecast for consolidated ordinary profit has decreased 19.1%, from the previous forecast of 6.80 billion yen to 5.50 billion yen (compared to 6.49 billion yen in the previous period). This changes the outlook from an anticipated profit increase to a projection of a 15.3% decrease in profit.
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 significant drop 75.4% from the same period last year to 0.40 billion yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit grew 17.5% from the same period last year, reaching 2.64 billion yen. However, the operating profit margin worsened from 8.6% in the same period last year to 7.4%.
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 | 67,876 | 6,522 | 7,198 | 5,099 | 222.0 | 85.9 | Nov 8, 2023 | J-GAAP |
| Apr - Sep, 2024 | 65,253 | 5,011 | 4,840 | 3,327 | 144.8 | 74.6 | Nov 8, 2024 | J-GAAP |
| Apr - Sep, 2025 | 65,573 | 4,893 | 5,094 | 3,928 | 170.9 | 92.6 | Nov 10, 2025 | J-GAAP |
| YoY | +0.5% | -2.4% | +5.2% | +18.1% | +18.0% |
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 | 67,000 | 5,300 | 5,200 | 3,600 | 156.5 | 45 | May 13, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 65,573 | 4,893 | 5,094 | 3,928 | 170.9 | 45 | Nov 10, 2025 | J-GAAP |
| Revision Rate | -2.1% | -7.7% | -2.0% | +9.1% | +9.2% |
Guidance Update
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 130,000 | 7,000 | 6,800 | 4,800 | 220.2 | 90 | May 13, 2025 | J-GAAP |
| Mar, 2026 New | 125,000 | 5,400 | 5,500 | 4,300 | 197.3 | 90 | Nov 10, 2025 | J-GAAP |
| Revision Rate | -3.8% | -22.9% | -19.1% | -10.4% | -10.4% |
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 | 58,730 | 1,497 | 1,652 | 1,456 | 63.4 | 40 | May 13, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 59,427 | 507 | 406 | 372 | 17.1 | 45 | Nov 10, 2025 | J-GAAP |
| YoY | +1.2% | -66.1% | -75.4% | -74.5% | -73.1% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 126,008 | 7,496 | 8,375 | 5,582 | 243.0 | 70 | May 13, 2024 | J-GAAP |
| Mar, 2025 | 123,983 | 6,508 | 6,492 | 4,783 | 208.1 | 80 | May 13, 2025 | J-GAAP |
| Mar, 2026 Guidance | 125,000 | 5,400 | 5,500 | 4,300 | 197.3 | 90 | Nov 10, 2025 | J-GAAP |
| YoY | +0.8% | -17.0% | -15.3% | -10.1% | -5.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 33,772 | 2,889 | 2,248 | 1,677 | 73.0 | 8.6 | Nov 8, 2024 | J-GAAP |
| Oct - Dec, 2024 | 29,008 | 1,410 | 1,696 | 1,285 | 55.9 | 4.9 | Feb 13, 2025 | J-GAAP |
| Jan - Mar, 2025 | 29,722 | 87 | -44 | 171 | 7.4 | 0.3 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 31,691 | 2,373 | 2,452 | 1,773 | 77.1 | 7.5 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 33,882 | 2,520 | 2,642 | 2,155 | 93.7 | 7.4 | Nov 10, 2025 | J-GAAP |
| YoY | +0.3% | -12.8% | +17.5% | +28.5% | +28.4% |
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