kabutan
N225

68,751.51

+1.49%

TOPIX

4,088.12

+1.22%

USDJPY

162.23

-0.02%

SAN HOLDINGS, First Half Ordinary Profit Decreases by 5%, Jul-Sep Ordinary Profit Decreases by 12%

Fri Nov 14, 2025 4:00 pm JST Earnings

9628 SAN HOLDINGS,INC. 【J-GAAP】

Earnings Report

SAN HOLDINGS,INC. <9628> [TSE Prime] announced its financial results after the market closed on November 14th (16:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending August 2026 (April to September) decreased 5.4% from the same period last year to 1.48 billion yen. Progress toward the full-year plan of 6.31 billion yen was 23.5%.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit decreased to 0.61 billion yen, an 11.7% decrease compared to the same period last year. The operating profit margin significantly dropped from 12.2% in the same period last year to 7.1%.

Note: Due to a change in the fiscal year ending August 2026 (17-month fiscal year), comparisons with the same period in the previous year are not provided since there is no corresponding period.

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
10,407M 1,671M 1,684M 1,085M 52.3 44.3 Nov 9, 2023 J-GAAP
Apr - Sep, 2024
11,186M 1,534M 1,564M 943M 46.2 35.8 Nov 7, 2024 J-GAAP
Changed
Apr - Sep, 2025
18,233M 1,546M 1,480M 890M 43.4 23.5 Nov 14, 2025 J-GAAP
YoY +63.0% +0.8% -5.4% -5.6% -6.0%
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 Changed Aug 14, 2025 J-GAAP
Apr - Sep, 2025 Results Changed 18,233M 1,546M 1,480M 890M 43.4 Nov 14, 2025 J-GAAP
Revision Rate

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
20,798M 2,987M 2,799M 3,778M 184.8 25 May 8, 2025 J-GAAP
Guidance Changed
Oct - Aug, 2025
41,067M 4,924M 4,830M 2,630M 111.2 57 Nov 14, 2025 J-GAAP
YoY
Current Period Guidance
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Mar, 2024
22,437M 3,789M 3,800M 2,363M 114.4 23.50 May 10, 2024 J-GAAP
Mar, 2025
31,984M 4,521M 4,363M 4,721M 231.0 37 May 8, 2025 J-GAAP
Guidance Changed
Aug, 2026
59,300M 6,470M 6,310M 3,520M 148.8 57 Aug 14, 2025 J-GAAP
YoY

Quarterly Results

Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Operating
Profit Margin
Announce Accounting
Standards
Jul - Sep, 2024
5,668M 689M 701M 392M 19.2 12.2 Nov 7, 2024 J-GAAP
Oct - Dec, 2024
9,583M 950M 925M 529M 25.9 9.9 Feb 6, 2025 J-GAAP
Jan - Mar, 2025
11,215M 2,037M 1,874M 3,249M 159.0 18.2 May 8, 2025 J-GAAP
Apr - Jun, 2025
9,154M 901M 861M 582M 28.5 9.8 Aug 14, 2025 J-GAAP
Jul - Sep, 2025
9,079M 645M 619M 308M 15.0 7.1 Nov 14, 2025 J-GAAP
YoY +60.2% -6.4% -11.7% -21.4% -21.8%