kabutan

ASJ, First Half Net Income Turns to Loss, Jul-Sep Net Income Turns to Loss

Fri Nov 14, 2025 2:00 pm JST Earnings

2351 ASJ INC. 【IFRS】

Earnings Report

ASJ INC. <2351> [TSE Growth] announced its financial results (based on IFRS) in the afternoon session on November 14th (14:00). The consolidated net income/loss for the cumulative second quarter of the fiscal year ending March 2026 (April to September) turned into a loss of 17 million yen (compared to a profit of 10 million yen in the same period last year).

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated net income for the October to March period (second half) is expected to significant drop 63.1% from the same period last year to 87 million yen.

In the most recent three-month period, from July to September (2Q), the consolidated net income/loss turned to a loss of 10 million yen (compared to a profit of 14 million yen in the same period last year). The operating profit/loss margin drastically worsened from 2.8% in the same period last year to -0.8%.

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 1,329 -35 -35 -31 -4.0 ー Nov 14, 2023 IFRS
Apr - Sep, 2024 1,295 13 12 10 1.3 7.4 Nov 14, 2024 IFRS
Apr - Sep, 2025 1,232 -5 -10 -17 -2.2 ー Nov 14, 2025 IFRS
YoY -4.9% － － － －

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 ー ー ー ー － 0 May 15, 2025 IFRS
Apr - Sep, 2025 Results 1,232 -5 -10 -17 -2.2 0 Nov 14, 2025 IFRS
Revision Rate － － － － －

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 1,446 148 151 236 29.8 3 May 15, 2025 IFRS
Oct - Mar, 2025 Guidance 1,568 115 ー 87 11.2 2 Nov 14, 2025 IFRS
YoY +8.4% -22.3% － -63.1% -62.6%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 2,846 102 110 112 14.1 2 May 14, 2024 IFRS
Mar, 2025 2,741 161 163 246 31.0 3 May 15, 2025 IFRS
Mar, 2026 Guidance 2,800 110 ー 70 9.0 2 May 15, 2025 IFRS
YoY +2.2% -31.7% － -71.5% -71.1%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 641 18 17 14 1.8 2.8 Nov 14, 2024 IFRS
Oct - Dec, 2024 625 11 11 25 3.1 1.8 Feb 13, 2025 IFRS
Jan - Mar, 2025 821 137 140 211 26.6 16.7 May 15, 2025 IFRS
Apr - Jun, 2025 580 0 -1 -7 -0.9 0.0 Aug 14, 2025 IFRS
Jul - Sep, 2025 652 -5 -9 -10 -1.3 -0.8 Nov 14, 2025 IFRS
YoY +1.7% － － － －

Related Articles