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Japan Transcity, First Half Ordinary Profit Decreases by 1%
9310 Japan Transcity Corporation 【J-GAAP】
Earnings ReportJapan Transcity Corporation <9310> [TSE Prime] announced its financial results in the afternoon session on November 11th (13:40). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) was 4.71 billion yen, a 1.4% decrease compared to the same period last year. Progress toward the full-year plan of 8.30 billion yen was 56.8%, also surpassing the five-year average of 50.7%.
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 10.9% from the same period last year to 3.58 billion yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit decreased to 2.21 billion yen, a 5.1% decrease compared to the same period last year. However, the operating profit margin remained almost flat, changing from 6.9% in the same period last year to 7.0%.
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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 | 62,183 | 3,212 | 3,868 | 2,617 | 40.9 | 52.6 | Nov 9, 2023 | J-GAAP |
| Apr - Sep, 2024 | 61,625 | 4,035 | 4,781 | 3,193 | 50.3 | 54.3 | Nov 11, 2024 | J-GAAP |
| Apr - Sep, 2025 | 62,117 | 4,285 | 4,712 | 3,213 | 51.4 | 56.8 | Nov 11, 2025 | J-GAAP |
| YoY | +0.8% | +6.2% | -1.4% | +0.6% | +2.1% |
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 | 63,700 | 3,900 | 4,400 | 3,100 | 49.5 | 18.50 | May 13, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 62,117 | 4,285 | 4,712 | 3,213 | 51.4 | 18.50 | Nov 11, 2025 | J-GAAP |
| Revision Rate | -2.5% | +9.9% | +7.1% | +3.6% | +3.8% |
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 | 63,140 | 3,770 | 4,025 | 2,848 | 45.1 | 22.50 | May 13, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 63,883 | 3,215 | 3,588 | 2,587 | 41.3 | 19 | Nov 11, 2025 | J-GAAP |
| YoY | +1.2% | -14.7% | -10.9% | -9.2% | -8.4% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 122,555 | 6,241 | 7,352 | 4,633 | 72.5 | 13 | May 13, 2024 | J-GAAP |
| Mar, 2025 | 124,765 | 7,805 | 8,806 | 6,041 | 95.8 | 39 | May 13, 2025 | J-GAAP |
| Mar, 2026 Guidance | 126,000 | 7,500 | 8,300 | 5,800 | 92.7 | 37.50 | May 13, 2025 | J-GAAP |
| YoY | +1.0% | -3.9% | -5.7% | -4.0% | -3.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 31,343 | 2,157 | 2,330 | 1,559 | 24.6 | 6.9 | Nov 11, 2024 | J-GAAP |
| Oct - Dec, 2024 | 32,529 | 2,328 | 2,401 | 1,873 | 29.6 | 7.2 | Feb 12, 2025 | J-GAAP |
| Jan - Mar, 2025 | 30,611 | 1,442 | 1,624 | 975 | 15.5 | 4.7 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 31,002 | 2,105 | 2,500 | 1,632 | 26.1 | 6.8 | Aug 7, 2025 | J-GAAP |
| Jul - Sep, 2025 | 31,115 | 2,180 | 2,212 | 1,581 | 25.3 | 7.0 | Nov 11, 2025 | J-GAAP |
| YoY | -0.7% | +1.1% | -5.1% | +1.4% | +2.9% |
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