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S.ISHIMITSU&CO, First Half Ordinary Profit Increases by 2.3 times
2750 S.ISHIMITSU&CO.,LTD. 【J-GAAP】
Earnings ReportS.ISHIMITSU&CO.,LTD. <2750> [TSE Std] announced its financial results at noon (12:00) on November 14th. The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) surged 2.3 times that of the same period last year, reaching 1.03 billion yen, exceeded the previous forecast of 0.83 billion yen.
Progress toward the full-year plan of 1.48 billion yen was 70.0%, also surpassing the five-year average of 50.6%.
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 drop 49.8% from the same period last year to 0.44 billion yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit increased 82.7% from the same period last year, reaching 0.33 billion yen. The operating profit margin improved from 1.1% in the same period last year to 2.6%.
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 | 30,780 | 720 | 823 | 579 | 75.0 | 47.3 | Nov 10, 2023 | J-GAAP |
| Apr - Sep, 2024 | 30,154 | 434 | 451 | 368 | 47.6 | 33.8 | Nov 14, 2024 | J-GAAP |
| Apr - Sep, 2025 | 36,817 | 1,263 | 1,037 | 616 | 79.4 | 70.0 | Nov 14, 2025 | J-GAAP |
| YoY | +22.1% | +191.0% | +129.9% | +67.4% | +66.9% |
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 | 33,409 | 975 | 832 | 528 | 67.9 | 0 | May 15, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 36,817 | 1,263 | 1,037 | 616 | 79.4 | 0 | Nov 14, 2025 | J-GAAP |
| Revision Rate | +10.2% | +29.5% | +24.6% | +16.7% | +16.8% |
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 | 34,799 | 1,123 | 885 | 520 | 67.1 | 30 | May 15, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 32,000 | 439 | 444 | 356 | 45.8 | 38 | Nov 14, 2025 | J-GAAP |
| YoY | -8.0% | -60.9% | -49.8% | -31.5% | -31.7% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 62,025 | 1,654 | 1,741 | 1,049 | 135.6 | 30 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 64,953 | 1,557 | 1,336 | 888 | 114.5 | 30 | May 15, 2025 | J-GAAP |
| Mar, 2026 Guidance | 68,817 | 1,702 | 1,481 | 972 | 125.0 | 38 | May 15, 2025 | J-GAAP |
| YoY | +5.9% | +9.3% | +10.9% | +9.5% | +9.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 15,553 | 176 | 185 | 133 | 17.2 | 1.1 | Nov 14, 2024 | J-GAAP |
| Oct - Dec, 2024 | 17,950 | 380 | 224 | 132 | 17.0 | 2.1 | Feb 14, 2025 | J-GAAP |
| Jan - Mar, 2025 | 16,849 | 743 | 661 | 388 | 50.0 | 4.4 | May 15, 2025 | J-GAAP |
| Apr - Jun, 2025 | 18,343 | 790 | 699 | 375 | 48.4 | 4.3 | Aug 14, 2025 | J-GAAP |
| Jul - Sep, 2025 | 18,474 | 473 | 338 | 241 | 31.0 | 2.6 | Nov 14, 2025 | J-GAAP |
| YoY | +18.8% | +168.8% | +82.7% | +81.2% | +80.6% |
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