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AIFUL, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 10%
8515 AIFUL CORPORATION 【J-GAAP】
Earnings ReportAIFUL CORPORATION <8515> [TSE Prime] announced its financial results at noon (11:30) on November 11th. The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) expanded 16.4 billion yen, an increase 69.6% compared to the same period last year.
In addition, the full-year forecast for consolidated ordinary profit has been revised upward 10.0%, from the previous forecast of 30.0 billion yen to 33.0 billion yen (compared to 26.8 billion yen in the previous period), increasing the growth rate from 11.9% to 23.1%.
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 decrease 3.4% from the same period last year to 16.5 billion yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit increased 67.6% from the same period last year, reaching 9.75 billion yen. The operating profit margin jumped from 11.3% in the same period last year to 17.9%.
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 | 79,092 | 6,594 | 7,205 | 6,609 | 13.7 | 32.7 | Nov 9, 2023 | J-GAAP |
| Apr - Sep, 2024 | 91,273 | 9,036 | 9,721 | 7,188 | 14.9 | 36.2 | Nov 8, 2024 | J-GAAP |
| Apr - Sep, 2025 | 104,454 | 16,705 | 16,489 | 12,661 | 26.4 | 50.0 | Nov 11, 2025 | J-GAAP |
| YoY | +14.4% | +84.9% | +69.6% | +76.1% | +77.0% |
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 | 104,400 | 16,700 | 16,400 | 12,600 | 26.3 | 6 | Nov 7, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 104,454 | 16,705 | 16,489 | 12,661 | 26.4 | 6 | Nov 11, 2025 | J-GAAP |
| Revision Rate | +0.1% | +0.0% | +0.5% | +0.5% | +0.5% |
Guidance Update
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 210,700 | 29,500 | 30,000 | 23,800 | 49.7 | 12 | May 9, 2025 | J-GAAP |
| Mar, 2026 New | 213,500 | 32,300 | 33,000 | 27,600 | 57.6 | 12 | Nov 11, 2025 | J-GAAP |
| Revision Rate | +1.3% | +9.5% | +10.0% | +16.0% | +16.0% |
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 | 97,781 | 16,266 | 17,096 | 15,328 | 31.9 | 1 | May 9, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 109,046 | 15,595 | 16,511 | 14,939 | 31.2 | 6 | Nov 11, 2025 | J-GAAP |
| YoY | +11.5% | -4.1% | -3.4% | -2.5% | -2.3% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 163,109 | 21,064 | 22,067 | 21,818 | 45.1 | 1 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 189,054 | 25,302 | 26,817 | 22,516 | 46.9 | 1 | May 9, 2025 | J-GAAP |
| Mar, 2026 Guidance | 213,500 | 32,300 | 33,000 | 27,600 | 57.6 | 12 | Nov 11, 2025 | J-GAAP |
| YoY | +12.9% | +27.7% | +23.1% | +22.6% | +22.8% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 46,644 | 5,265 | 5,820 | 3,466 | 7.2 | 11.3 | Nov 8, 2024 | J-GAAP |
| Oct - Dec, 2024 | 49,239 | 9,790 | 10,037 | 7,715 | 16.1 | 19.9 | Feb 7, 2025 | J-GAAP |
| Jan - Mar, 2025 | 48,542 | 6,476 | 7,059 | 7,613 | 15.9 | 13.3 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 51,616 | 7,246 | 6,737 | 4,009 | 8.4 | 14.0 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 52,838 | 9,459 | 9,752 | 8,652 | 18.1 | 17.9 | Nov 11, 2025 | J-GAAP |
| YoY | +13.3% | +79.7% | +67.6% | +149.6% | +151.0% |
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