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eWeLL, Jul-Sep (3Q) Ordinary Profit Increases by 39%, Current Fiscal Year Dividend Revised Upward by 1 Yen

Fri Nov 14, 2025 3:31 pm JST Earnings

5038 eWeLL Co.,Ltd. 【J-GAAP】

Earnings Report

eWeLL Co.,Ltd. <5038> [TSE Growth] announced its financial results after the market closed on November 14th (15:31). The ordinary profit (non-consolidated) for the cumulative third quarter of the fiscal year ending December 2025 (January to September) expanded 1.20 billion yen, an increase 45.7% compared to the same period last year. Progress toward the full-year plan of 1.49 billion yen was 80.2%, also surpassing the three-year average of 76.3%.

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the October to December period (4Q) is expected to decrease 5.1% from the same period last year to 0.29 billion yen.

At the same time, the company has increased its planned year-end lump-sum dividend for the current fiscal year from the original plan of 15 yen to 16 yen (compared to 12 yen in the previous period).

In the most recent three-month period, from July to September (3Q), the ordinary profit increased 38.9% from the same period last year, reaching 0.41 billion yen. The operating profit margin rose from 45.0% in the same period last year to 46.8%.

Kabutan News

Actual Performance and Financial Trends

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
1,499M 708M 710M 474M 33.8 78.0 Nov 10, 2023 J-GAAP
Jan - Sep, 2024
1,860M 823M 825M 579M 38.7 72.5 Nov 14, 2024 J-GAAP
Jan - Sep, 2025
2,473M 1,195M 1,202M 832M 55.0 80.2 Nov 14, 2025 J-GAAP
YoY +33.0% +45.2% +45.7% +43.7% +42.2%

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 1,746M 706M 708M 492M 32.3 15 Aug 14, 2025 J-GAAP
Jul - Dec, 2025 New 1,746M 706M 708M 492M 32.3 16 Nov 14, 2025 J-GAAP
Revision Rate 0.0% 0.0% 0.0% 0.0% 0.0%
Full Year Update
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Dec, 2025 Prev 3,349M 1,494M 1,499M 1,040M 68.2 15 Feb 14, 2025 J-GAAP
Dec, 2025 New 3,349M 1,494M 1,499M 1,040M 68.2 16 Nov 14, 2025 J-GAAP
Revision Rate 0.0% 0.0% 0.0% 0.0% 0.0%

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
1,366M 607M 609M 443M 29.5 12 Feb 14, 2025 J-GAAP
Guidance
Jul - Dec, 2025
1,746M 706M 708M 492M 32.3 16 Nov 14, 2025 J-GAAP
YoY +27.8% +16.3% +16.3% +11.1% +9.3%
Current Period Guidance
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Dec, 2023
2,069M 908M 910M 612M 43.1 10 Feb 13, 2024 J-GAAP
Dec, 2024
2,571M 1,135M 1,138M 808M 53.8 12 Feb 14, 2025 J-GAAP
Guidance
Dec, 2025
3,349M 1,494M 1,499M 1,040M 68.2 16 Nov 14, 2025 J-GAAP
YoY +30.3% +31.6% +31.7% +28.7% +26.7%

Quarterly Results

Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Operating
Profit Margin
Announce Accounting
Standards
Jul - Sep, 2024
655M 295M 296M 214M 14.3 45.0 Nov 14, 2024 J-GAAP
Oct - Dec, 2024
711M 312M 313M 229M 15.3 43.9 Feb 14, 2025 J-GAAP
Jan - Mar, 2025
754M 376M 378M 261M 17.3 49.9 May 15, 2025 J-GAAP
Apr - Jun, 2025
849M 412M 413M 287M 19.0 48.5 Aug 14, 2025 J-GAAP
Jul - Sep, 2025
870M 407M 411M 284M 18.8 46.8 Nov 14, 2025 J-GAAP
YoY +32.8% +38.0% +38.9% +32.7% +31.4%