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MANDARAKE, 17% Increase in Ordinary Profit for The Current Fiscal Year

Fri Nov 14, 2025 3:45 pm JST Earnings

2652 MANDARAKE INC. 【J-GAAP】

Earnings Report

MANDARAKE INC. <2652> [TSE Std] announced its financial results after the market closed on November 14th (15:45). The ordinary profit (non-consolidated) for the fiscal year ended September 2025 decreased by 14.8% from the previous period to 1.75 billion yen. For the fiscal year ending September 2026, the ordinary profit is expected to expand to 17.4% to 2.05 billion yen. This will be the sixth consecutive term of revenue growth.

In the most recent three-month period, from July to September (4Q), the ordinary profit grew 25.6% from the same period last year, reaching 0.44 billion yen. The operating profit margin improved from 9.9% in the same period last year to 11.8%.

Kabutan News

Actual Performance and Financial Trends

Historical Performance
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Sep, 2023
12,839M 1,874M 1,852M 1,248M 37.7 0.20 Nov 14, 2023 J-GAAP
Sep, 2024
14,455M 2,078M 2,055M 1,376M 41.8 1 Nov 14, 2024 J-GAAP
Sep, 2025
15,183M 1,792M 1,750M 1,121M 34.4 1 Nov 14, 2025 J-GAAP
YoY +5.0% -13.8% -14.8% -18.5% -17.7%
Full Year Results vs. Previous Guidance
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Sep, 2025 Guidance 15,007M 2,157M 2,130M 1,500M 46.3 1 Nov 14, 2024 J-GAAP
Sep, 2025 Results 15,183M 1,792M 1,750M 1,121M 34.4 1 Nov 14, 2025 J-GAAP
Revision Rate +1.2% -16.9% -17.8% -25.3% -25.8%

Current Period Guidance

First Half Results
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Oct - Mar, 2024
7,644M 934M 916M 553M 16.9 0 May 15, 2025 J-GAAP
Guidance
Oct - Mar, 2025
7,821M 944M 926M 559M 17.3 0 Nov 14, 2025 J-GAAP
YoY +2.3% +1.1% +1.1% +1.1% +2.4%
Current Period Guidance
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Sep, 2024
14,455M 2,078M 2,055M 1,376M 41.8 1 Nov 14, 2024 J-GAAP
Sep, 2025
15,183M 1,792M 1,750M 1,121M 34.4 1 Nov 14, 2025 J-GAAP
Guidance
Sep, 2026
15,837M 2,087M 2,055M 1,390M 43.5 1 Nov 14, 2025 J-GAAP
YoY +4.3% +16.5% +17.4% +24.0% +26.5%

Quarterly Results

Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Operating
Profit Margin
Announce Accounting
Standards
Jul - Sep, 2024
3,610M 359M 356M 226M 6.9 9.9% Nov 14, 2024 J-GAAP
Oct - Dec, 2024
3,762M 320M 311M 145M 4.4 8.5% Feb 14, 2025 J-GAAP
Jan - Mar, 2025
3,882M 614M 605M 408M 12.4 15.8% May 15, 2025 J-GAAP
Apr - Jun, 2025
3,659M 400M 387M 259M 7.9 10.9% Aug 14, 2025 J-GAAP
Jul - Sep, 2025
3,880M 458M 447M 309M 9.5 11.8% Nov 14, 2025 J-GAAP
YoY +7.5% +27.6% +25.6% +36.7% +38.0%

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