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WA Inc, Ordinary Profit Forecast for the Fiscal Year Revised Downward to an Unexpected 10% Decrease
7683 WA,Inc. 【J-GAAP】
Earnings ReportWA,Inc. <7683> [TSE Prime] announced its financial results after the market closed on December 15th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending January 2026 (February to October) decreased 17.2% from the same period last year to 0.88 billion yen.
In addition, the full-year forecast for consolidated ordinary profit has decreased 42.7%, from the previous forecast of 2.48 billion yen to 1.42 billion yen (compared to 1.58 billion yen in the previous period). This changes the outlook from an anticipated profit increase to a projection of a 10.3% decrease in profit.
Based on the full-year plan announced by the company after the downward revision, our estimate of the consolidated ordinary profit for the August to January period (second half) has decreased 62.7%, from the previous forecast of 1.68 billion yen to 0.63 billion yen (compared to 0.79 billion yen in the same period of the previous year). This changes the outlook from an anticipated profit increase to a projection of a 21.0% decrease in profit.
In the most recent three-month period, from August to October (3Q), the consolidated ordinary profit significantly dropped to 0.09 billion yen, a 66.9% decrease compared to the same period last year. The operating profit margin drastically worsened from 5.3% in the same period last year to 0.9%.
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 | 15,079 | 1,103 | 1,015 | 589 | 30.9 | 60.0 | Dec 15, 2023 | J-GAAP |
| Feb - Oct, 2024 | 16,384 | 1,125 | 1,071 | 613 | 32.2 | 67.5 | Dec 13, 2024 | J-GAAP |
| Feb - Oct, 2025 | 16,815 | 755 | 887 | 509 | 26.7 | 62.3 | Dec 15, 2025 | J-GAAP |
| YoY | +2.6% | -32.9% | -17.2% | -17.0% | -17.1% |
Guidance Update
Second Half Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Aug - Jan, 2025 Prev | 14,780 | 1,774 | 1,689 | 993 | 52.1 | 8.50 | Sep 12, 2025 | J-GAAP |
| Aug - Jan, 2025 New | 12,154 | 576 | 630 | 348 | 18.2 | 8.50 | Dec 15, 2025 | J-GAAP |
| Revision Rate | -17.8% | -67.5% | -62.7% | -65.0% | -65.0% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan, 2026 Prev | 26,527 | 2,484 | 2,483 | 1,477 | 77.4 | 17 | Mar 17, 2025 | J-GAAP |
| Jan, 2026 New | 23,901 | 1,286 | 1,424 | 832 | 43.6 | 17 | Dec 15, 2025 | J-GAAP |
| Revision Rate | -9.9% | -48.2% | -42.7% | -43.7% | -43.7% |
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 | 11,539 | 817 | 797 | 531 | 27.9 | 22 | Mar 17, 2025 | J-GAAP |
| Aug - Jan, 2025 Guidance | 12,154 | 576 | 630 | 348 | 18.2 | 8.50 | Dec 15, 2025 | J-GAAP |
| YoY | +5.3% | -29.5% | -21.0% | -34.5% | -34.6% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan, 2024 | 21,260 | 1,762 | 1,692 | 1,163 | 61.1 | 8.75 | Mar 15, 2024 | J-GAAP |
| Jan, 2025 | 22,800 | 1,670 | 1,587 | 996 | 52.3 | 28 | Mar 17, 2025 | J-GAAP |
| Jan, 2026 Guidance | 23,901 | 1,286 | 1,424 | 832 | 43.6 | 17 | Dec 15, 2025 | J-GAAP |
| YoY | +4.8% | -23.0% | -10.3% | -16.5% | -16.6% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Aug - Oct, 2024 | 5,123 | 272 | 281 | 148 | 7.8 | 5.3 | Dec 13, 2024 | J-GAAP |
| Nov - Jan, 2024 | 6,416 | 545 | 516 | 383 | 20.1 | 8.5 | Mar 17, 2025 | J-GAAP |
| Feb - Apr, 2025 | 4,785 | 48 | 42 | 4 | 0.2 | 1.0 | Jun 13, 2025 | J-GAAP |
| May - Jul, 2025 | 6,962 | 662 | 752 | 480 | 25.2 | 9.5 | Sep 12, 2025 | J-GAAP |
| Aug - Oct, 2025 | 5,068 | 45 | 93 | 25 | 1.3 | 0.9 | Dec 15, 2025 | J-GAAP |
| YoY | -1.1% | -83.5% | -66.9% | -83.1% | -83.1% |
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