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JAPAN RELIANCE SERVICE, First Half Ordinary Profit Decreases by 67%, Jul-Sep Ordinary Profit Decreases by 87%

Fri Nov 14, 2025 3:45 pm JST Earnings

4664 JAPAN RELIANCE SERVICE CORPORATION 【J-GAAP】

Earnings Report

JAPAN RELIANCE SERVICE CORPORATION <4664> [TSE Std] announced its financial results after the market closed on November 14th (15:45). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) significantly dropped 67.2% from the same period last year to 82 million yen. Progress toward the full-year plan of 300 million yen was 27.3%, also falling below the five-year average of 64.5%.

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 surge 3.6 times that of the same period last year, reaching 218 million yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit significantly dropped to 22 million yen, an 87.3% decrease compared to the same period last year. The operating profit margin drastically worsened from 5.4% in the same period last year to 0.9%.

Kabutan News

Actual Performance and Financial Trends

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
4,214M 219M 236M 158M 54.2 78.7% Nov 10, 2023 J-GAAP
Apr - Sep, 2024
5,082M 244M 250M 162M 55.7 80.6% Nov 13, 2024 J-GAAP
Apr - Sep, 2025
3,744M 71M 82M 48M 16.8 27.3% Nov 14, 2025 J-GAAP
YoY -26.3% -70.9% -67.2% -70.4% -69.8%
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 3,907M 95M 94M 54M 18.8 7 May 14, 2025 J-GAAP
Apr - Sep, 2025 Results 3,744M 71M 82M 48M 16.8 7 Nov 14, 2025 J-GAAP
Revision Rate -4.2% -25.3% -12.8% -11.1% -10.5%

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
3,763M 57M 60M 25M 8.7 17 May 14, 2025 J-GAAP
Guidance
Oct - Mar, 2025
4,556M 229M 218M 157M 51.4 17 Nov 14, 2025 J-GAAP
YoY +21.1% +301.8% +263.3% +528.0% +491.5%
Current Period Guidance
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Mar, 2024
8,097M 284M 300M 245M 84.1 20 May 13, 2024 J-GAAP
Mar, 2025
8,845M 301M 310M 187M 65.0 24 May 14, 2025 J-GAAP
Guidance
Mar, 2026
8,300M 300M 300M 205M 67.1 24 May 14, 2025 J-GAAP
YoY -6.2% -0.3% -3.2% +9.6% +3.3%

Quarterly Results

Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Operating
Profit Margin
Announce Accounting
Standards
Jul - Sep, 2024
3,141M 170M 173M 115M 39.5 5.4% Nov 13, 2024 J-GAAP
Oct - Dec, 2024
1,766M 12M 12M 6M 2.1 0.7% Feb 13, 2025 J-GAAP
Jan - Mar, 2025
1,997M 45M 48M 19M 6.6 2.3% May 14, 2025 J-GAAP
Apr - Jun, 2025
1,821M 54M 60M 40M 14.0 3.0% Aug 13, 2025 J-GAAP
Jul - Sep, 2025
1,923M 17M 22M 8M 2.8 0.9% Nov 14, 2025 J-GAAP
YoY -38.8% -90.0% -87.3% -93.0% -92.9%