kabutan

Rebase, Ordinary Profit Forecast for the Fiscal Year Revised Downward by 86%

Thu Nov 13, 2025 3:30 pm JST Earnings

5138 Rebase,Inc. 【J-GAAP】

Earnings Report

Rebase,Inc. <5138> [TSE Growth] announced its financial results after the market closed on November 13th (15:30). The ordinary profit (non-consolidated) for the cumulative second quarter of the fiscal year ending March 2026 (April to September) significantly dropped 68.7% from the same period last year to 67 million yen.

In addition, the full-year forecast for ordinary profit has decreased 85.5%, from the previous forecast of 490 million yen to 71 million yen (compared to 491 million yen in the previous period), leading to an increase in the profit decline rate from 0.2% to 85.5%.

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 98.6% from the same period last year to 4 million yen.

In the most recent three-month period, from July to September (2Q), the ordinary profit significantly dropped to 6 million yen, a 95.0% decrease compared to the same period last year. The operating profit margin sharply declined from 26.3% in the same period last year to 1.0%.

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 659 134 134 85 18.6 39.9 Nov 13, 2023 J-GAAP
Apr - Sep, 2024 868 213 214 136 29.7 43.6 Nov 13, 2024 J-GAAP
Apr - Sep, 2025 1,000 66 67 46 9.5 94.4 Nov 13, 2025 J-GAAP
YoY +15.2% -69.0% -68.7% -66.2% -68.0%

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 ー ー ー ー － 0 May 14, 2025 J-GAAP
Apr - Sep, 2025 Results 1,000 66 67 46 9.5 0 Nov 13, 2025 J-GAAP
Revision Rate － － － － －

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 2,313 490 490 339 69.0 0 May 14, 2025 J-GAAP
Mar, 2026 New 2,177 70 71 49 10.0 0 Nov 13, 2025 J-GAAP
Revision Rate -5.9% -85.7% -85.5% -85.5% -85.5%

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 1,058 274 277 226 48.8 35 May 14, 2025 J-GAAP
Oct - Mar, 2025 Guidance 1,177 4 4 3 0.6 0 Nov 13, 2025 J-GAAP
YoY +11.2% -98.5% -98.6% -98.7% -98.7%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 1,490 335 336 228 49.7 0 May 14, 2024 J-GAAP
Mar, 2025 1,926 487 491 362 78.1 35 May 14, 2025 J-GAAP
Mar, 2026 Guidance 2,177 70 71 49 10.0 0 Nov 13, 2025 J-GAAP
YoY +13.0% -85.6% -85.5% -86.5% -87.2%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 456 120 120 75 16.4 26.3 Nov 13, 2024 J-GAAP
Oct - Dec, 2024 548 164 165 105 22.7 29.9 Feb 13, 2025 J-GAAP
Jan - Mar, 2025 510 110 112 121 26.1 21.6 May 14, 2025 J-GAAP
Apr - Jun, 2025 494 61 61 42 8.7 12.3 Aug 13, 2025 J-GAAP
Jul - Sep, 2025 506 5 6 4 0.8 1.0 Nov 13, 2025 J-GAAP
YoY +11.0% -95.8% -95.0% -94.7% -94.9%

Related Articles