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Rentracks, First Half Ordinary Profit Increases by 11%, Jul-Sep Ordinary Profit Decreases by 34%
6045 Rentracks CO.,LTD. 【J-GAAP】
Earnings ReportRentracks CO.,LTD. <6045> [TSE Growth] announced its financial results after the market closed on November 14th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) increased 11.2% from the same period last year, reaching 0.66 billion yen. Progress toward the full-year plan of 1.27 billion yen was 52.1%, also surpassing the five-year average of 47.1%.
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 grow 16.3% from the same period last year, reaching 0.61 billion yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit dropped to 0.21 billion yen, a 34.1% decrease compared to the same period last year. The operating profit margin significantly dropped from 35.1% in the same period last year to 19.0%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2023 | 1,633 | 324 | 318 | 164 | 20.9 | 49.1 | Nov 14, 2023 | J-GAAP |
| Apr - Sep, 2024 | 1,912 | 605 | 599 | 421 | 53.6 | 53.2 | Nov 14, 2024 | J-GAAP |
| Apr - Sep, 2025 | 2,138 | 669 | 666 | 415 | 52.9 | 52.1 | Nov 14, 2025 | J-GAAP |
| YoY | +11.8% | +10.6% | +11.2% | -1.4% | -1.4% |
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 | 1,955 | 699 | 680 | 450 | 57.3 | 12 | May 15, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 2,138 | 669 | 666 | 415 | 52.9 | 12 | Nov 14, 2025 | J-GAAP |
| Revision Rate | +9.4% | -4.3% | -2.1% | -7.8% | -7.7% |
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 | 1,950 | 537 | 527 | 247 | 31.5 | 23 | May 15, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 1,964 | 648 | 613 | 304 | 38.7 | 12 | Nov 14, 2025 | J-GAAP |
| YoY | +0.7% | +20.7% | +16.3% | +23.1% | +23.0% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 3,295 | 653 | 648 | 339 | 43.3 | 22 | May 15, 2024 | J-GAAP |
| Mar, 2025 | 3,862 | 1,142 | 1,126 | 668 | 85.1 | 23 | May 15, 2025 | J-GAAP |
| Mar, 2026 Guidance | 4,102 | 1,317 | 1,279 | 719 | 91.5 | 24 | May 15, 2025 | J-GAAP |
| YoY | +6.2% | +15.3% | +13.6% | +7.6% | +7.6% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 945 | 332 | 323 | 213 | 27.1 | 35.1 | Nov 14, 2024 | J-GAAP |
| Oct - Dec, 2024 | 964 | 285 | 286 | 167 | 21.3 | 29.6 | Feb 13, 2025 | J-GAAP |
| Jan - Mar, 2025 | 986 | 252 | 241 | 80 | 10.2 | 25.6 | May 15, 2025 | J-GAAP |
| Apr - Jun, 2025 | 1,018 | 456 | 453 | 275 | 35.1 | 44.8 | Aug 14, 2025 | J-GAAP |
| Jul - Sep, 2025 | 1,120 | 213 | 213 | 140 | 17.8 | 19.0 | Nov 14, 2025 | J-GAAP |
| YoY | +18.5% | -35.8% | -34.1% | -34.3% | -34.2% |
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