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CROSS PLUS, Feb-Oct (Cumulative 3Q) Ordinary Profit Increases by 22%, Exceeds Full-Year Plan
3320 CROSS PLUS INC. 【J-GAAP】
Earnings ReportCROSS PLUS INC. <3320> [TSE Std] announced its financial results after the market closed on December 12th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending January 2026 (February to October) increased 21.5% from the same period last year, reaching 1.85 billion yen. Progress toward the full-year plan of 1.40 billion yen is 132.8%, already exceeding the target and also exceeding the five-year average of 120.2%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary loss for the November to January period (4Q) is expected to expand to a loss of 0.45 billion yen (compared to a loss of 0.25 billion 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 consolidated ordinary profit increased 47.3% from the same period last year, reaching 0.78 billion yen. The operating profit margin improved from 2.3% in the same period last year to 4.4%.
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 | 45,330 | 2,023 | 2,148 | 2,124 | 289.0 | 108.8 | Dec 8, 2023 | J-GAAP |
| Feb - Oct, 2024 | 47,310 | 1,308 | 1,530 | 1,215 | 164.6 | 120.0 | Dec 13, 2024 | J-GAAP |
| Feb - Oct, 2025 | 46,058 | 1,664 | 1,859 | 1,506 | 203.1 | 132.8 | Dec 12, 2025 | J-GAAP |
| YoY | -2.6% | +27.2% | +21.5% | +24.0% | +23.4% |
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 | 32,388 | 136 | 278 | 535 | 72.4 | 15 | Mar 14, 2025 | J-GAAP |
| Aug - Jan, 2025 Guidance | 34,783 | 270 | 326 | 314 | 42.2 | 23 | Sep 12, 2025 | J-GAAP |
| YoY | +7.4% | +98.5% | +17.3% | -41.3% | -41.7% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan, 2024 | 60,190 | 1,797 | 1,974 | 2,064 | 280.5 | 27 | Mar 15, 2024 | J-GAAP |
| Jan, 2025 | 62,004 | 1,029 | 1,275 | 1,289 | 174.5 | 30 | Mar 14, 2025 | J-GAAP |
| Jan, 2026 Guidance | 64,000 | 1,200 | 1,400 | 1,200 | 161.4 | 46 | Mar 14, 2025 | J-GAAP |
| YoY | +3.2% | +16.6% | +9.8% | -6.9% | -7.5% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Aug - Oct, 2024 | 17,694 | 415 | 533 | 461 | 62.5 | 2.3 | Dec 13, 2024 | J-GAAP |
| Nov - Jan, 2024 | 14,694 | -279 | -255 | 74 | 10.0 | -1.9 | Mar 14, 2025 | J-GAAP |
| Feb - Apr, 2025 | 15,981 | 804 | 840 | 684 | 92.5 | 5.0 | Jun 13, 2025 | J-GAAP |
| May - Jul, 2025 | 13,236 | 126 | 234 | 202 | 27.3 | 1.0 | Sep 12, 2025 | J-GAAP |
| Aug - Oct, 2025 | 16,841 | 734 | 785 | 620 | 83.6 | 4.4 | Dec 12, 2025 | J-GAAP |
| YoY | -4.8% | +76.9% | +47.3% | +34.5% | +33.9% |
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