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Japan Eyewear, Feb-Oct (Cumulative 3Q) Net Income Increases by 9%, Aug-Oct Net Income Increases by 22%
5889 Japan Eyewear Holdings Co., Ltd. 【IFRS】
Earnings ReportJapan Eyewear Holdings Co., Ltd. <5889> [TSE Prime] announced its financial results (based on IFRS) after the market closed on December 11th (15:30). The consolidated net income for the cumulative third quarter of the fiscal year ending January 2026 (February to October) increased 9.4% from the same period last year, reaching 2.65 billion yen. Progress toward the full-year plan of 4.00 billion yen was 66.3%, exceeding the three-year average of 60.7%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated net income for the November to January period (4Q) is expected to decrease 14.1% from the same period last year to 1.34 billion yen.
In the most recent three-month period, from August to October (3Q), the consolidated net income grew 21.7% from the same period last year, reaching 0.90 billion yen. The operating profit margin rose from 30.8% in the same period last year to 32.0%.
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 | 9,689 | 2,680 | 2,365 | 1,400 | 74.0 | 71.8 | Dec 14, 2023 | IFRS |
| Feb - Oct, 2024 | 12,095 | 3,923 | 3,579 | 2,423 | 101.1 | 72.9 | Dec 12, 2024 | IFRS |
| Feb - Oct, 2025 | 13,422 | 4,319 | 4,074 | 2,651 | 109.9 | 69.1 | Dec 11, 2025 | IFRS |
| YoY | +11.0% | +10.1% | +13.8% | +9.4% | +8.7% |
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 | 8,366 | 2,574 | 2,430 | 2,317 | 96.6 | 44 | Mar 13, 2025 | IFRS |
| Aug - Jan, 2025 Guidance | 9,963 | 3,314 | 3,173 | 2,257 | 93.5 | 42 | Oct 14, 2025 | IFRS |
| YoY | +19.1% | +28.7% | +30.6% | -2.6% | -3.1% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan, 2024 | 13,528 | 3,700 | 3,295 | 2,217 | 110.1 | 19 | Mar 13, 2024 | IFRS |
| Jan, 2025 | 16,666 | 5,328 | 4,912 | 3,994 | 166.4 | 66 | Mar 13, 2025 | IFRS |
| Jan, 2026 Guidance | 18,900 | 6,200 | 5,900 | 4,000 | 165.8 | 84 | Oct 14, 2025 | IFRS |
| YoY | +13.4% | +16.4% | +20.1% | +0.2% | -0.4% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Aug - Oct, 2024 | 3,795 | 1,169 | 1,097 | 746 | 31.1 | 30.8 | Dec 12, 2024 | IFRS |
| Nov - Jan, 2024 | 4,571 | 1,405 | 1,333 | 1,571 | 65.5 | 30.7 | Mar 13, 2025 | IFRS |
| Feb - Apr, 2025 | 4,191 | 1,307 | 1,228 | 782 | 32.5 | 31.2 | Jun 12, 2025 | IFRS |
| May - Jul, 2025 | 4,746 | 1,579 | 1,499 | 961 | 39.9 | 33.3 | Sep 11, 2025 | IFRS |
| Aug - Oct, 2025 | 4,485 | 1,433 | 1,347 | 908 | 37.7 | 32.0 | Dec 11, 2025 | IFRS |
| YoY | +18.2% | +22.6% | +22.8% | +21.7% | +20.9% |
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