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Sharing Innovations, Ordinary Profit Forecast for the Fiscal Year Revised Downward to an Unexpected 64% Decrease

Fri Nov 14, 2025 3:30 pm JST Earnings

4178 Sharing Innovations Inc. 【J-GAAP】

Earnings Report

Sharing Innovations Inc. <4178> [TSE Growth] announced its financial results after the market closed on November 14th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending December 2025 (January to September) significantly dropped 70.6% from the same period last year to 48 million yen.

In addition, the full-year forecast for consolidated ordinary profit has decreased 71.7%, from the previous forecast of 300 million yen to 85 million yen (compared to 235 million yen in the previous period). This changes the outlook from an anticipated profit increase to a projection of a 63.8% decrease in profit.

Based on the full-year plan announced by the company after the downward revision, our estimate of the consolidated ordinary profit for the July to December period (second half) has decreased 75.4%, from the previous forecast of 285 million yen to 70 million yen (compared to 132 million yen in the same period of the previous year). This changes the outlook from an anticipated profit increase to a projection of a 47.0% decrease in profit.

In the most recent three-month period, from July to September (3Q), the consolidated ordinary profit dropped to 33 million yen, a 45.0% decrease compared to the same period last year. The operating profit margin worsened from 4.9% in the same period last year to 3.1%.

Kabutan News

Actual Results

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Jan - Sep, 2023 3,746 52 55 17 4.7 43.7 Nov 14, 2023 J-GAAP
Jan - Sep, 2024 3,848 168 163 101 27.2 69.4 Nov 14, 2024 J-GAAP
Jan - Sep, 2025 3,383 59 48 8 2.2 56.5 Nov 14, 2025 J-GAAP
YoY -12.1% -64.9% -70.6% -92.1% -92.0%

Guidance Update

Second Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jul - Dec, 2025 Prev 3,173 284 285 190 50.8 0 Aug 14, 2025 J-GAAP
Jul - Dec, 2025 New 2,188 74 70 23 6.2 0 Nov 14, 2025 J-GAAP
Revision Rate -31.0% -73.9% -75.4% -87.9% -87.9%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2025 Prev 5,485 310 300 185 49.4 0 Feb 14, 2025 J-GAAP
Dec, 2025 New 4,500 100 85 18 4.8 0 Nov 14, 2025 J-GAAP
Revision Rate -18.0% -67.7% -71.7% -90.3% -90.3%

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 2,619 135 132 73 19.5 0 Feb 14, 2025 J-GAAP
Jul - Dec, 2025 Guidance 2,188 74 70 23 6.2 0 Nov 14, 2025 J-GAAP
YoY -16.5% -45.2% -47.0% -68.5% -68.5%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2023 5,057 124 126 34 9.1 0 Feb 14, 2024 J-GAAP
Dec, 2024 5,169 239 235 137 36.6 0 Feb 14, 2025 J-GAAP
Dec, 2025 Guidance 4,500 100 85 18 4.8 0 Nov 14, 2025 J-GAAP
YoY -12.9% -58.2% -63.8% -86.9% -86.9%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 1,298 64 60 37 10.0 4.9 Nov 14, 2024 J-GAAP
Oct - Dec, 2024 1,321 71 72 36 9.6 5.4 Feb 14, 2025 J-GAAP
Jan - Mar, 2025 1,218 11 5 -3 -1.0 0.9 May 14, 2025 J-GAAP
Apr - Jun, 2025 1,094 15 10 -2 -0.6 1.4 Aug 14, 2025 J-GAAP
Jul - Sep, 2025 1,071 33 33 13 3.5 3.1 Nov 14, 2025 J-GAAP
YoY -17.5% -48.4% -45.0% -64.9% -64.6%

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