kabutan

VALUE GOLF, Feb-Oct (Cumulative 3Q) Ordinary Profit Decreases by 38%, Aug-Oct Ordinary Profit Decreases by 76%

Fri Dec 12, 2025 4:00 pm JST Earnings

3931 VALUE GOLF Inc. 【J-GAAP】

Earnings Report

VALUE GOLF Inc. <3931> [TSE Growth] announced its financial results after the market closed on December 12th (16:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending January 2026 (February to October) dropped 38.5% from the same period last year to 56 million yen. Progress toward the full-year plan of 160 million yen was 35.0%, also falling below the five-year average of 78.3%.

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit/loss for the November to January period (4Q) is expected to turn into a profit of 104 million yen (compared to a loss of 17 million yen in the same period last year).

In the most recent three-month period, from August to October (3Q), the consolidated ordinary profit significantly dropped to 9 million yen, a 76.3% decrease compared to the same period last year. The operating profit margin worsened from 4.1% in the same period last year to 1.2%.

Kabutan News

Actual Results

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Feb - Oct, 2023 2,769 38 26 1 1.0 53.1 Dec 14, 2023 J-GAAP
Feb - Oct, 2024 3,109 104 91 43 29.1 123.0 Dec 13, 2024 J-GAAP
Feb - Oct, 2025 3,405 64 56 36 20.2 35.0 Dec 12, 2025 J-GAAP
YoY +9.5% -38.5% -38.5% -16.3% -30.5%

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 2,050 28 21 -12 -7.3 25 Mar 14, 2025 J-GAAP
Aug - Jan, 2025 Guidance 2,150 129 113 90 49.8 25 Sep 12, 2025 J-GAAP
YoY +4.9% +360.7% +438.1% － －

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan, 2024 3,656 61 49 22 12.6 25 Mar 14, 2024 J-GAAP
Jan, 2025 4,127 90 74 5 3.1 25 Mar 14, 2025 J-GAAP
Jan, 2026 Guidance 4,500 180 160 120 66.4 25 Mar 14, 2025 J-GAAP
YoY +9.0% +100.0% +116.2% +2,300.0% +2,070.6%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Aug - Oct, 2024 1,032 42 38 26 17.6 4.1 Dec 13, 2024 J-GAAP
Nov - Jan, 2024 1,018 -14 -17 -38 -23.3 -1.4 Mar 14, 2025 J-GAAP
Feb - Apr, 2025 1,202 18 18 8 4.7 1.5 Jun 13, 2025 J-GAAP
May - Jul, 2025 1,148 33 29 22 12.3 2.9 Sep 12, 2025 J-GAAP
Aug - Oct, 2025 1,055 13 9 6 3.4 1.2 Dec 12, 2025 J-GAAP
YoY +2.2% -69.0% -76.3% -76.9% -80.8%

Related Articles