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YAMAX Corp, First Half Ordinary Profit Increases by 20%, Jul-Sep Ordinary Profit Increases by 22%
5285 YAMAX Corp. 【J-GAAP】
Earnings ReportYAMAX Corp. <5285> [TSE Std] announced its financial results in the afternoon session on November 13th (14:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) increased 20.5% from the same period last year, reaching 1.43 billion yen. Progress toward the full-year plan of 3.03 billion yen was 47.4%, exceeding the five-year average of 43.6%.
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 grow 3.4% from the same period last year, reaching 1.59 billion yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit grew 21.9% from the same period last year, reaching 0.69 billion yen. However, the operating profit margin decreased from 11.2% in the same period last year to 10.9%.
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 | 8,582 | 684 | 695 | 452 | 46.9 | 37.9 | Nov 9, 2023 | J-GAAP |
| Apr - Sep, 2024 | 10,009 | 1,203 | 1,192 | 815 | 84.5 | 43.6 | Nov 7, 2024 | J-GAAP |
| Apr - Sep, 2025 | 12,818 | 1,410 | 1,436 | 976 | 100.8 | 47.4 | Nov 13, 2025 | J-GAAP |
| YoY | +28.1% | +17.2% | +20.5% | +19.8% | +19.3% |
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 | 12,300 | 1,400 | 1,420 | 970 | 100.1 | 0 | May 8, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 12,818 | 1,410 | 1,436 | 976 | 100.8 | 0 | Nov 13, 2025 | J-GAAP |
| Revision Rate | +4.2% | +0.7% | +1.1% | +0.6% | +0.7% |
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 | 13,460 | 1,535 | 1,541 | 1,154 | 119.3 | 58 | May 8, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 11,682 | 1,600 | 1,594 | 1,184 | 122.2 | 66 | Nov 13, 2025 | J-GAAP |
| YoY | -13.2% | +4.2% | +3.4% | +2.6% | +2.4% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 20,807 | 1,824 | 1,834 | 1,297 | 134.7 | 40 | May 9, 2024 | J-GAAP |
| Mar, 2025 | 23,469 | 2,738 | 2,733 | 1,969 | 203.6 | 58 | May 8, 2025 | J-GAAP |
| Mar, 2026 Guidance | 24,500 | 3,010 | 3,030 | 2,160 | 222.8 | 66 | May 8, 2025 | J-GAAP |
| YoY | +4.4% | +9.9% | +10.9% | +9.7% | +9.5% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 5,043 | 565 | 566 | 382 | 39.6 | 11.2 | Nov 7, 2024 | J-GAAP |
| Oct - Dec, 2024 | 6,549 | 1,106 | 1,111 | 759 | 78.6 | 16.9 | Feb 6, 2025 | J-GAAP |
| Jan - Mar, 2025 | 6,911 | 429 | 430 | 395 | 40.8 | 6.2 | May 8, 2025 | J-GAAP |
| Apr - Jun, 2025 | 6,490 | 719 | 746 | 509 | 52.6 | 11.1 | Jul 31, 2025 | J-GAAP |
| Jul - Sep, 2025 | 6,328 | 691 | 690 | 467 | 48.2 | 10.9 | Nov 13, 2025 | J-GAAP |
| YoY | +25.5% | +22.3% | +21.9% | +22.3% | +21.7% |
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