kabutan

VIA Holdings, Ordinary Profit Forecast for the Fiscal Year Revised Downward to an Unexpected 84% Decrease

Tue Nov 11, 2025 4:00 pm JST Earnings

7918 VIA Holdings,Inc. 【J-GAAP】

Earnings Report

VIA Holdings,Inc. <7918> [TSE Std] announced its financial results after the market closed on November 11th (16:00). The consolidated ordinary profit/loss for the cumulative second quarter of the fiscal year ending March 2026 (April to September) turned into a loss of 81 million yen (compared to a profit of 162 million yen in the same period last year), reversing from the forecast of a 110 million yen to a loss.

In addition, the full-year forecast for consolidated ordinary profit has decreased 91.3%, from the previous forecast of 230 million yen to 20 million yen (compared to 122 million yen in the previous period). This changes the outlook from an anticipated profit increase to a projection of an 83.6% 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/loss for the October to March period (second half) is expected to turn into a profit of 101 million yen (compared to a loss of 40 million yen in the same period last year).

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit/loss turned to a loss of 83 million yen (compared to a profit of 61 million yen in the same period last year). The operating profit/loss margin drastically worsened from 1.8% in the same period last year to -1.4%.

Kabutan News

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 8,435 77 47 -30 -0.7 18.9 Nov 8, 2023 J-GAAP
Apr - Sep, 2024 8,742 197 162 84 1.9 132.8 Nov 12, 2024 J-GAAP
Apr - Sep, 2025 8,767 -44 -81 -93 -2.1 Nov 11, 2025 J-GAAP
YoY +0.3%

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 8,920 140 110 60 1.3 0 May 13, 2025 J-GAAP
Apr - Sep, 2025 Results 8,767 -44 -81 -93 -2.1 0 Nov 11, 2025 J-GAAP
Revision Rate -1.7%

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 17,720 310 230 110 2.4 0 May 13, 2025 J-GAAP
Mar, 2026 New 17,500 100 20 0 0.0 0 Nov 11, 2025 J-GAAP
Revision Rate -1.2% -67.7% -91.3%

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 8,631 1 -40 -103 -2.4 0 May 13, 2025 J-GAAP
Oct - Mar, 2025 Guidance 8,733 144 101 93 0.0 0 Nov 11, 2025 J-GAAP
YoY +1.2% +14,300.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 16,981 325 249 216 5.2 0 May 10, 2024 J-GAAP
Mar, 2025 17,373 198 122 -19 -0.4 0 May 13, 2025 J-GAAP
Mar, 2026 Guidance 17,500 100 20 0 0.0 0 Nov 11, 2025 J-GAAP
YoY +0.7% -49.5% -83.6%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 4,409 81 61 38 0.9 1.8 Nov 12, 2024 J-GAAP
Oct - Dec, 2024 4,360 52 34 7 0.2 1.2 Feb 12, 2025 J-GAAP
Jan - Mar, 2025 4,271 -51 -74 -110 -2.6 -1.2 May 13, 2025 J-GAAP
Apr - Jun, 2025 4,346 16 2 46 1.0 0.4 Aug 12, 2025 J-GAAP
Jul - Sep, 2025 4,421 -60 -83 -139 -3.1 -1.4 Nov 11, 2025 J-GAAP
YoY +0.3%

Related Articles