kabutan

Oriental Shiraishi, First Half Ordinary Profit Decreases by 7%

Wed Nov 12, 2025 3:00 pm JST Earnings

1786 Oriental Shiraishi Corporation 【J-GAAP】

Earnings Report

Oriental Shiraishi Corporation <1786> [TSE Prime] announced its financial results in the afternoon session on November 12th (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) decreased 7.3% from the same period last year to 3.76 billion yen. However, Progress toward the full-year plan of 4.30 billion yen was 87.6%, also surpassing the five-year average of 47.2%.

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 significant drop 64.2% from the same period last year to 0.53 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit decreased to 1.71 billion yen, a 10.4% decrease compared to the same period last year. The operating profit margin decreased from 11.8% in the same period last year to 9.7%.

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 30,742 2,390 2,453 1,674 13.2 37.3 Nov 10, 2023 J-GAAP
Apr - Sep, 2024 33,045 4,018 4,060 2,739 20.7 73.1 Nov 12, 2024 J-GAAP
Apr - Sep, 2025 36,121 3,743 3,765 2,632 20.3 87.6 Nov 12, 2025 J-GAAP
YoY +9.3% -6.8% -7.3% -3.9% -1.7%

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 ー ー ー ー － 7 May 13, 2025 J-GAAP
Apr - Sep, 2025 Results 36,121 3,743 3,765 2,632 20.3 7 Nov 12, 2025 J-GAAP
Revision Rate － － － － －

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 31,508 1,416 1,496 976 7.4 7.50 May 13, 2025 J-GAAP
Oct - Mar, 2025 Guidance 29,879 557 535 168 1.3 7.50 Nov 12, 2025 J-GAAP
YoY -5.2% -60.7% -64.2% -82.8% -82.2%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 67,382 6,533 6,580 4,632 35.7 14.50 May 13, 2024 J-GAAP
Mar, 2025 64,553 5,434 5,556 3,715 28.1 14.50 May 13, 2025 J-GAAP
Mar, 2026 Guidance 66,000 4,300 4,300 2,800 21.8 14.50 May 13, 2025 J-GAAP
YoY +2.2% -20.9% -22.6% -24.6% -22.4%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 16,109 1,902 1,918 1,301 9.8 11.8 Nov 12, 2024 J-GAAP
Oct - Dec, 2024 17,067 1,348 1,416 988 7.5 7.9 Feb 12, 2025 J-GAAP
Jan - Mar, 2025 14,441 68 80 -12 -0.1 0.5 May 13, 2025 J-GAAP
Apr - Jun, 2025 18,302 2,009 2,046 1,457 11.2 11.0 Aug 8, 2025 J-GAAP
Jul - Sep, 2025 17,819 1,734 1,719 1,175 9.1 9.7 Nov 12, 2025 J-GAAP
YoY +10.6% -8.8% -10.4% -9.7% -7.6%

Related Articles