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Kin-Ei Corp, Feb-Oct (Cumulative 3Q) Ordinary Profit Increases by 18%, Exceeds Full-Year Plan
9636 Kin-Ei Corp. 【J-GAAP】
Earnings ReportKin-Ei Corp. <9636> [TSE Std] announced its financial results after the market closed on December 9th (15:30). The ordinary profit (non-consolidated) for the cumulative third quarter of the fiscal year ending January 2026 (February to October) increased 17.7% from the same period last year, reaching 293 million yen. Progress toward the full-year plan of 240 million yen is 122.1%, already exceeding the target and also exceeding the five-year average of 81.4%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit/loss for the November to January period (4Q) is expected to turn into a loss of 53 million yen (compared to a profit of 43 million yen in the same period last year). However, if the fourth-quarter performance remains at the same level as the first three quarters, the full-year plan may be increased.
In the most recent three-month period, from August to October (3Q), the ordinary profit increased 43.6% from the same period last year, reaching 112 million yen. The operating profit margin improved from 7.8% in the same period last year to 10.2%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Feb - Oct, 2023 | 2,706 | 231 | 230 | 151 | 54.3 | 90.6 | Dec 13, 2023 | J-GAAP |
| Feb - Oct, 2024 | 2,707 | 240 | 249 | 165 | 59.4 | 85.3 | Dec 13, 2024 | J-GAAP |
| Feb - Oct, 2025 | 2,930 | 285 | 293 | 202 | 72.7 | 122.1 | Dec 9, 2025 | J-GAAP |
| YoY | +8.2% | +18.8% | +17.7% | +22.4% | +22.4% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Aug - Jan, 2024 | 1,776 | 113 | 121 | 37 | 13.3 | 10 | Mar 13, 2025 | J-GAAP |
| Aug - Jan, 2025 Guidance | 1,782 | 52 | 59 | 27 | 9.7 | 10 | Sep 8, 2025 | J-GAAP |
| YoY | +0.3% | -54.0% | -51.2% | -27.0% | -27.3% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan, 2024 | 3,570 | 255 | 254 | 154 | 55.6 | 10 | Mar 15, 2024 | J-GAAP |
| Jan, 2025 | 3,571 | 282 | 292 | 154 | 55.4 | 10 | Mar 13, 2025 | J-GAAP |
| Jan, 2026 Guidance | 3,660 | 230 | 240 | 155 | 55.6 | 10 | Sep 8, 2025 | J-GAAP |
| YoY | +2.5% | -18.4% | -17.8% | +0.6% | +0.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Aug - Oct, 2024 | 912 | 71 | 78 | 48 | 17.3 | 7.8 | Dec 13, 2024 | J-GAAP |
| Nov - Jan, 2024 | 864 | 42 | 43 | -11 | -4.0 | 4.9 | Mar 13, 2025 | J-GAAP |
| Feb - Apr, 2025 | 878 | 76 | 76 | 45 | 16.4 | 8.7 | Jun 9, 2025 | J-GAAP |
| May - Jul, 2025 | 1,000 | 102 | 105 | 83 | 30.0 | 10.2 | Sep 11, 2025 | J-GAAP |
| Aug - Oct, 2025 | 1,052 | 107 | 112 | 74 | 26.6 | 10.2 | Dec 9, 2025 | J-GAAP |
| YoY | +15.4% | +50.7% | +43.6% | +54.2% | +54.1% |
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