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CareNet, Jul-Sep (3Q) Ordinary Profit Increases by 91%
2150 CareNet,Inc. 【J-GAAP】
Earnings ReportCareNet,Inc. <2150> [TSE Prime] announced its financial results after the market closed on November 12th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending December 2025 (January to September) expanded 2.03 billion yen, an increase 42.5% compared to the same period last year. Progress toward the full-year plan of 2.37 billion yen was 85.9%, also surpassing the five-year average of 72.0%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to December period (4Q) is expected to significant drop 64.5% from the same period last year to 0.33 billion yen.
In the most recent three-month period, from July to September (3Q), the consolidated ordinary profit increased 91.3% from the same period last year, reaching 0.85 billion yen. The operating profit margin jumped from 16.3% in the same period last year to 27.2%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Sep, 2023 | 7,271 | 1,736 | 1,772 | 1,106 | 24.8 | 71.8 | Nov 13, 2023 | J-GAAP |
| Jan - Sep, 2024 | 7,788 | 1,416 | 1,429 | 839 | 18.9 | 60.4 | Nov 13, 2024 | J-GAAP |
| Jan - Sep, 2025 | 8,960 | 2,195 | 2,037 | 1,271 | 30.0 | 85.9 | Nov 12, 2025 | J-GAAP |
| YoY | +15.0% | +55.0% | +42.5% | +51.5% | +58.8% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Dec, 2024 | 6,033 | 1,375 | 1,384 | 582 | 13.2 | 12 | Feb 12, 2025 | J-GAAP |
| Jul - Dec, 2025 Guidance | 6,763 | 1,183 | 1,186 | 675 | 16.3 | 0 | Aug 13, 2025 | J-GAAP |
| YoY | +12.1% | -14.0% | -14.3% | +16.0% | +23.4% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2023 | 10,235 | 2,428 | 2,467 | 1,510 | 33.9 | 12 | Feb 14, 2024 | J-GAAP |
| Dec, 2024 | 11,182 | 2,361 | 2,367 | 1,139 | 25.8 | 12 | Feb 12, 2025 | J-GAAP |
| Dec, 2025 Guidance | 12,500 | 2,500 | 2,370 | 1,500 | 36.2 | 0 | Aug 13, 2025 | J-GAAP |
| YoY | +11.8% | +5.9% | +0.1% | +31.7% | +40.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 2,639 | 430 | 446 | 282 | 6.4 | 16.3 | Nov 13, 2024 | J-GAAP |
| Oct - Dec, 2024 | 3,394 | 945 | 938 | 300 | 6.8 | 27.8 | Feb 12, 2025 | J-GAAP |
| Jan - Mar, 2025 | 2,794 | 641 | 547 | 428 | 9.9 | 22.9 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 2,943 | 676 | 637 | 397 | 9.3 | 23.0 | Aug 13, 2025 | J-GAAP |
| Jul - Sep, 2025 | 3,223 | 878 | 853 | 446 | 10.5 | 27.2 | Nov 12, 2025 | J-GAAP |
| YoY | +22.1% | +104.2% | +91.3% | +58.2% | +65.8% |
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