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GreenEnergy&Co, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 12%
1436 GreenEnergy & Company Inc. 【J-GAAP】
Earnings ReportGreenEnergy & Company Inc. <1436> [TSE Growth] announced its financial results after the market closed on December 9th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending April 2026 (May to October) expanded 242 million yen, an increase 82.0% compared to the same period last year, exceeded the previous forecast of 150 million yen.
In addition, the full-year forecast for consolidated ordinary profit has been revised upward 11.5%, from the previous forecast of 520 million yen to 580 million yen (compared to 408 million yen in the previous period), increasing the growth rate from 27.5% to 42.2%.
Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the November to April period (second half) is expected to grow 22.9% from the same period last year, reaching 338 million yen.
In the most recent three-month period, from August to October (2Q), the consolidated ordinary profit increased 59.0% from the same period last year, reaching 248 million yen. The operating profit margin improved from 6.2% in the same period last year to 6.8%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| May - Oct, 2023 | 4,625 | 200 | 191 | 111 | 27.3 | 38.0 | Dec 11, 2023 | J-GAAP |
| May - Oct, 2024 | 4,848 | 161 | 133 | 81 | 19.8 | 32.6 | Dec 10, 2024 | J-GAAP |
| May - Oct, 2025 | 7,182 | 304 | 242 | 151 | 36.8 | 41.7 | Dec 9, 2025 | J-GAAP |
| YoY | +48.1% | +88.8% | +82.0% | +86.4% | +85.5% |
First Half Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| May - Oct, 2025 Guidance | 5,300 | 200 | 150 | 100 | 24.3 | 0 | Jun 10, 2025 | J-GAAP |
| May - Oct, 2025 Results | 7,182 | 304 | 242 | 151 | 36.8 | 0 | Dec 9, 2025 | J-GAAP |
| Revision Rate | +35.5% | +52.0% | +61.3% | +51.0% | +51.4% |
Guidance Update
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr, 2026 Prev | 14,000 | 700 | 520 | 380 | 92.2 | 14 | Jun 10, 2025 | J-GAAP |
| Apr, 2026 New | 15,400 | 780 | 580 | 420 | 101.9 | 14 | Dec 9, 2025 | J-GAAP |
| Revision Rate | +10.0% | +11.4% | +11.5% | +10.5% | +10.5% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Nov - Apr, 2024 | 6,768 | 382 | 275 | 194 | 47.4 | 13 | Jun 10, 2025 | J-GAAP |
| Nov - Apr, 2025 Guidance | 8,218 | 476 | 338 | 269 | 65.3 | 14 | Dec 9, 2025 | J-GAAP |
| YoY | +21.4% | +24.6% | +22.9% | +38.7% | +37.6% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr, 2024 | 9,676 | 514 | 502 | 330 | 81.1 | 12 | Jun 10, 2024 | J-GAAP |
| Apr, 2025 | 11,616 | 543 | 408 | 275 | 67.2 | 13 | Jun 10, 2025 | J-GAAP |
| Apr, 2026 Guidance | 15,400 | 780 | 580 | 420 | 101.9 | 14 | Dec 9, 2025 | J-GAAP |
| YoY | +32.6% | +43.6% | +42.2% | +52.7% | +51.5% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Aug - Oct, 2024 | 2,869 | 178 | 156 | 96 | 23.5 | 6.2 | Dec 10, 2024 | J-GAAP |
| Nov - Jan, 2024 | 2,783 | 31 | 2 | 4 | 1.0 | 1.1 | Mar 11, 2025 | J-GAAP |
| Feb - Apr, 2025 | 3,985 | 351 | 273 | 190 | 46.5 | 8.8 | Jun 10, 2025 | J-GAAP |
| May - Jul, 2025 | 2,807 | 5 | -6 | -10 | -2.5 | 0.2 | Sep 9, 2025 | J-GAAP |
| Aug - Oct, 2025 | 4,375 | 299 | 248 | 161 | 39.2 | 6.8 | Dec 9, 2025 | J-GAAP |
| YoY | +52.5% | +68.0% | +59.0% | +67.7% | +66.9% |
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