kabutan

Rasa, First Half Ordinary Profit Unexpectedly Revised Upward by 19%

Thu Nov 13, 2025 3:30 pm JST Earnings

3023 Rasa Corporation 【J-GAAP】

Earnings Report

Rasa Corporation <3023> [TSE Std] announced its financial results after the market closed on November 13th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) increased 18.8% from the same period last year, reaching 1.01 billion yen, resulting in an increase in profits compared to the previous forecast of a 5.4% decrease.

Progress toward the full-year plan of 2.70 billion yen was 37.7%, exceeding the five-year average of 33.1%.

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 decrease 15.3% from the same period last year to 1.68 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit grew 19.8% from the same period last year, reaching 0.67 billion yen. The operating profit margin improved from 8.0% in the same period last year to 9.3%.

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 13,147 875 977 691 61.7 34.7 Nov 13, 2023 J-GAAP
Apr - Sep, 2024 11,838 711 856 635 57.7 30.1 Nov 12, 2024 J-GAAP
Apr - Sep, 2025 12,647 932 1,017 742 69.2 37.7 Nov 13, 2025 J-GAAP
YoY +6.8% +31.1% +18.8% +16.9% +20.0%

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 12,000 730 810 570 53.6 36 May 14, 2025 J-GAAP
Apr - Sep, 2025 Results 12,647 932 1,017 742 69.2 36 Nov 13, 2025 J-GAAP
Revision Rate +5.4% +27.7% +25.6% +30.2% +29.2%

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 14,730 1,821 1,986 1,444 131.9 38 May 14, 2025 J-GAAP
Oct - Mar, 2025 Guidance 15,353 1,568 1,683 1,258 118.2 36 Nov 13, 2025 J-GAAP
YoY +4.2% -13.9% -15.3% -12.9% -10.4%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 27,916 2,497 2,816 1,997 178.0 68 May 14, 2024 J-GAAP
Mar, 2025 26,568 2,532 2,842 2,079 189.9 72 May 14, 2025 J-GAAP
Mar, 2026 Guidance 28,000 2,500 2,700 2,000 188.0 72 May 14, 2025 J-GAAP
YoY +5.4% -1.3% -5.0% -3.8% -1.0%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 6,223 499 561 420 38.2 8.0 Nov 12, 2024 J-GAAP
Oct - Dec, 2024 6,731 713 816 607 55.3 10.6 Feb 12, 2025 J-GAAP
Jan - Mar, 2025 7,999 1,108 1,170 837 76.5 13.9 May 14, 2025 J-GAAP
Apr - Jun, 2025 5,766 290 345 208 19.4 5.0 Aug 8, 2025 J-GAAP
Jul - Sep, 2025 6,881 642 672 534 49.8 9.3 Nov 13, 2025 J-GAAP
YoY +10.6% +28.7% +19.8% +27.1% +30.6%

Related Articles