GreenBee, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 38%
3913 GreenBee, Inc. 【J-GAAP】
Earnings ReportGreenBee, Inc. <3913> [TSE Growth] announced its financial results in the afternoon session on November 14th (13:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending December 2025 (January to September) surged 9.7 times that of the same period last year, reaching 126 million yen.
In addition, the full-year forecast for consolidated ordinary profit has been revised upward 37.6%, from the previous forecast of 109 million yen to 150 million yen (compared to 60 million yen in the previous period), increasing the growth rate from 81.7% to 2.5 times.
Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the July to December period (second half) is expected to increase 85.4%, from the previous forecast of 48 million yen to 89 million yen (compared to 39 million yen in the same period of the previous year), increasing the growth rate from 23.1% to 2.3 times.
In the most recent three-month period, from July to September (3Q), the consolidated ordinary profit/loss turned to a profit of 65 million yen (compared to a loss of 8 million yen in the same period last year). The operating profit margin drastically improved from 0.6% in the same period last year to 25.1%.
Kabutan News
Actual Performance and Financial Trends
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Progress Rate vs. First Half |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
582M | -7M | 5M | -153M | -67.9 | 166.7 | Nov 14, 2023 | J-GAAP |
|
|
562M | 10M | 13M | 15M | 6.9 | 21.7 | Nov 14, 2024 | J-GAAP |
|
|
663M | 127M | 126M | 154M | 66.3 | 84.0 | Nov 14, 2025 | J-GAAP |
| YoY | +18.0% | +1,170.0% | +869.2% | +926.7% | +867.3% |
Guidance Update
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Dec, 2025 Prev | 552M | 48M | 48M | 42M | 18.1 | 0 | Aug 14, 2025 | J-GAAP |
| Jul - Dec, 2025 New | 503M | 87M | 89M | 123M | 52.9 | 0 | Nov 14, 2025 | J-GAAP |
| Revision Rate | -8.9% | +81.3% | +85.4% | +192.9% | +192.9% |
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2025 Prev | 960M | 111M | 109M | 108M | 46.5 | 0 | Aug 14, 2025 | J-GAAP |
| Dec, 2025 New | 911M | 150M | 150M | 189M | 81.3 | 0 | Nov 14, 2025 | J-GAAP |
| Revision Rate | -5.1% | +35.1% | +37.6% | +75.0% | +75.0% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
420M | 41M | 39M | 40M | 17.7 | 0 | Feb 14, 2025 | J-GAAP |
|
Guidance
Jul - Dec, 2025
|
503M | 87M | 89M | 123M | 52.9 | 0 | Nov 14, 2025 | J-GAAP |
| YoY | +19.8% | +112.2% | +128.2% | +207.5% | +199.0% |
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
813M | -41M | 3M | -163M | -72.6 | 0 | Feb 14, 2024 | J-GAAP |
|
|
806M | 50M | 60M | 63M | 27.9 | 0 | Feb 14, 2025 | J-GAAP |
|
Guidance
Dec, 2025
|
911M | 150M | 150M | 189M | 81.3 | 0 | Nov 14, 2025 | J-GAAP |
| YoY | +13.0% | +200.0% | +150.0% | +200.0% | +191.7% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Operating Profit Margin |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
176M | 1M | -8M | -8M | -3.7 | 0.6 | Nov 14, 2024 | J-GAAP |
|
|
244M | 40M | 47M | 48M | 21.2 | 16.4 | Feb 14, 2025 | J-GAAP |
|
|
239M | 52M | 51M | 50M | 21.6 | 21.8 | May 15, 2025 | J-GAAP |
|
|
169M | 11M | 10M | 16M | 6.9 | 6.5 | Aug 14, 2025 | J-GAAP |
|
|
255M | 64M | 65M | 88M | 37.9 | 25.1 | Nov 14, 2025 | J-GAAP |
| YoY | +44.9% | +6,300.0% | - | - | - |
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