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SECURE, Jan-Sep (Cumulative 3Q) Ordinary Profit Decreases by 33%
4264 SECURE, INC. 【J-GAAP】
Earnings ReportSECURE, INC. <4264> [TSE Growth] announced its financial results after the market closed on November 13th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending December 2025 (January to September) dropped 33.0% from the same period last year to 187 million yen. Progress toward the full-year plan of 380 million yen was 49.2%, also falling below the four-year average of 98.2%.
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 surge 14 times that of the same period last year, reaching 193 million yen.
In the most recent three-month period, from July to September (3Q), the consolidated ordinary profit increased 85.4% from the same period last year, reaching 89 million yen. The operating profit margin improved from 3.2% in the same period last year to 5.4%.
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 | 3,794 | 201 | 195 | 162 | 34.5 | 111.4 | Nov 10, 2023 | J-GAAP |
| Jan - Sep, 2024 | 4,722 | 289 | 279 | 213 | 44.9 | 95.2 | Nov 13, 2024 | J-GAAP |
| Jan - Sep, 2025 | 4,948 | 204 | 187 | 104 | 19.2 | 49.2 | Nov 13, 2025 | J-GAAP |
| YoY | +4.8% | -29.4% | -33.0% | -51.2% | -57.2% |
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 | 3,104 | 67 | 62 | 55 | 11.6 | 0 | Feb 14, 2025 | J-GAAP |
| Jul - Dec, 2025 Guidance | 3,700 | 285 | 282 | 245 | 43.6 | 0 | Aug 13, 2025 | J-GAAP |
| YoY | +19.2% | +325.4% | +354.8% | +345.5% | +276.7% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2023 | 5,191 | 187 | 175 | 168 | 35.7 | 0 | Feb 14, 2024 | J-GAAP |
| Dec, 2024 | 6,247 | 305 | 293 | 240 | 50.5 | 0 | Feb 14, 2025 | J-GAAP |
| Dec, 2025 Guidance | 7,000 | 400 | 380 | 294 | 52.3 | 0 | Feb 14, 2025 | J-GAAP |
| YoY | +12.1% | +31.1% | +29.7% | +22.5% | +3.6% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 1,579 | 51 | 48 | 28 | 5.9 | 3.2 | Nov 13, 2024 | J-GAAP |
| Oct - Dec, 2024 | 1,525 | 16 | 14 | 27 | 5.7 | 1.0 | Feb 14, 2025 | J-GAAP |
| Jan - Mar, 2025 | 1,810 | 152 | 145 | 96 | 19.1 | 8.4 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 1,490 | -37 | -47 | -47 | -9.0 | -2.5 | Aug 13, 2025 | J-GAAP |
| Jul - Sep, 2025 | 1,648 | 89 | 89 | 55 | 10.2 | 5.4 | Nov 13, 2025 | J-GAAP |
| YoY | +4.4% | +74.5% | +85.4% | +96.4% | +72.3% |
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