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Smaregi, Ordinary Profit Forecast for the Fiscal Year Revised to a 2.9 Billion Yen

Fri Dec 12, 2025 4:00 pm JST Earnings

4431 Smaregi,Inc. 【J-GAAP】

Earnings Report

Smaregi,Inc. <4431> [TSE Growth] announced its financial results after the market closed on December 12th (16:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending April 2026 (May to October) increased 12.8% from the previous period non-consolidated to 1.33 billion yen.

In addition, the full-year forecast for consolidated ordinary profit has been revised from the previous range of 2.80 billion to 2.95 billion yen to a new 2.95 billion yen.

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 expand 37.9% from the same period last year, reaching 1.61 billion yen.

In the most recent three-month period, from August to October (2Q), the consolidated ordinary profit grew 27.2% from the same period last year, reaching 0.74 billion yen. However, the operating profit margin decreased from 22.7% in the same period last year to 22.5%.

Note: If the earnings forecast is disclosed as a range, the article is based on the midpoint of that range.

Kabutan News

Actual Performance and Financial Trends

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Progress Rate
vs. First Half
Announce Accounting
Standards
May - Oct, 2023
3,947M 835M 835M 558M 29.2 49.2 Dec 13, 2023 J-GAAP
May - Oct, 2024
5,152M 1,195M 1,184M 792M 41.2 50.1 Dec 13, 2024 J-GAAP
May - Oct, 2025
6,264M 1,321M 1,335M 887M 46.1 45.2 Dec 12, 2025 J-GAAP
YoY +21.6% +10.5% +12.8% +12.0% +11.9%
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 0 Jun 12, 2025 J-GAAP
May - Oct, 2025 Results 6,264M 1,321M 1,335M 887M 46.1 0 Dec 12, 2025 J-GAAP
Revision Rate

Guidance Update

Full Year Update
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Apr, 2026 Prev 13,859M 2,879M 2,879M 1,941M 100.8 20 Jun 12, 2025 J-GAAP
Apr, 2026 New 13,859M 2,954M 2,954M 2,016M 104.7 20 Dec 12, 2025 J-GAAP
Revision Rate 0.0% +2.6% +2.6% +3.9% +3.9%

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
5,914M 1,185M 1,178M 853M 44.3 15 Jun 12, 2025 J-GAAP
Guidance
Nov - Apr, 2025
7,595M 1,633M 1,619M 1,129M 58.6 20 Dec 12, 2025 J-GAAP
YoY +28.4% +37.8% +37.4% +32.4% +32.3%
Current Period Guidance
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Apr, 2024
8,385M 1,735M 1,696M 1,212M 63.2 0 Jun 13, 2024 J-GAAP
Apr, 2025
11,066M 2,380M 2,362M 1,645M 85.5 15 Jun 12, 2025 J-GAAP
Guidance
Apr, 2026
13,859M 2,954M 2,954M 2,016M 104.7 20 Dec 12, 2025 J-GAAP
YoY +25.2% +24.1% +25.1% +22.6% +22.5%

Quarterly Results

Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Operating
Profit Margin
Announce Accounting
Standards
Aug - Oct, 2024
2,621M 594M 584M 396M 20.6 22.7 Dec 13, 2024 J-GAAP
Nov - Jan, 2024
2,724M 620M 618M 430M 22.4 22.8 Mar 14, 2025 J-GAAP
Feb - Apr, 2025
3,190M 565M 560M 423M 22.0 17.7 Jun 12, 2025 J-GAAP
May - Jul, 2025
3,013M 589M 592M 377M 19.6 19.5 Sep 12, 2025 J-GAAP
Aug - Oct, 2025
3,251M 732M 743M 510M 26.5 22.5 Dec 12, 2025 J-GAAP
YoY +24.0% +23.2% +27.2% +28.8% +28.7%