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Chuo Seisakusho, Ordinary Profit Forecast for the Fiscal Year Revised Downward by 70%
6846 Chuo Seisakusho, Ltd. 【J-GAAP】
Earnings ReportChuo Seisakusho, Ltd. <6846> [NSE Main] announced its financial results in the afternoon session on November 13th (14:40). The ordinary profit (non-consolidated) for the cumulative second quarter of the fiscal year ending March 2026 (April to September) significantly dropped 80.4% from the same period last year to 10 million yen, fell short of the previous forecast of 20 million yen.
In addition, the full-year forecast for ordinary profit has decreased 70.0%, from the previous forecast of 100 million yen to 30 million yen (compared to 245 million yen in the previous period), leading to an increase in the profit decline rate from 59.2% to 87.8%.
Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the ordinary profit for the October to March period (second half) is expected to significant drop 89.7% from the same period last year to 20 million yen.
In the most recent three-month period, from July to September (2Q), the ordinary profit significantly dropped to 1 million yen, a 90.9% decrease compared to the same period last year. The operating profit margin worsened from 1.3% in the same period last year to 0.3%.
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 | 1,916 | 16 | 17 | 8 | 10.9 | 11.9 | Nov 14, 2023 | J-GAAP |
| Apr - Sep, 2024 | 1,934 | 46 | 51 | 78 | 101.8 | 20.8 | Nov 14, 2024 | J-GAAP |
| Apr - Sep, 2025 | 1,807 | 7 | 10 | 48 | 62.4 | 33.3 | Nov 13, 2025 | J-GAAP |
| YoY | -6.6% | -84.8% | -80.4% | -38.5% | -38.7% |
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 | 1,700 | 20 | 20 | 15 | 19.4 | 0 | May 14, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 1,807 | 7 | 10 | 48 | 62.4 | 0 | Nov 13, 2025 | J-GAAP |
| Revision Rate | +6.3% | -65.0% | -50.0% | +220.0% | +221.3% |
Guidance Update
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 3,700 | 105 | 100 | 90 | 116.5 | 25 | May 14, 2025 | J-GAAP |
| Mar, 2026 New | 3,700 | 30 | 30 | 65 | 84.1 | 25 | Nov 13, 2025 | J-GAAP |
| Revision Rate | 0.0% | -71.4% | -70.0% | -27.8% | -27.8% |
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 | 2,955 | 189 | 194 | 143 | 185.2 | 42 | May 14, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 1,893 | 23 | 20 | 17 | 22.0 | 25 | Nov 13, 2025 | J-GAAP |
| YoY | -35.9% | -87.8% | -89.7% | -88.1% | -88.1% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 3,904 | 136 | 143 | 181 | 235.0 | 35 | May 15, 2024 | J-GAAP |
| Mar, 2025 | 4,889 | 235 | 245 | 221 | 286.3 | 42 | May 14, 2025 | J-GAAP |
| Mar, 2026 Guidance | 3,700 | 30 | 30 | 65 | 84.1 | 25 | Nov 13, 2025 | J-GAAP |
| YoY | -24.3% | -87.2% | -87.8% | -70.6% | -70.6% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 931 | 12 | 11 | 54 | 70.5 | 1.3 | Nov 14, 2024 | J-GAAP |
| Oct - Dec, 2024 | 687 | -3 | 1 | 4 | 5.2 | -0.4 | Feb 13, 2025 | J-GAAP |
| Jan - Mar, 2025 | 2,268 | 192 | 193 | 139 | 180.1 | 8.5 | May 14, 2025 | J-GAAP |
| Apr - Jun, 2025 | 924 | 4 | 9 | 8 | 11.6 | 0.4 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 883 | 3 | 1 | 40 | 52.0 | 0.3 | Nov 13, 2025 | J-GAAP |
| YoY | -5.2% | -75.0% | -90.9% | -25.9% | -26.2% |
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