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STUDIO ALICE, Mar-Nov (Cumulative 3Q) Ordinary Profit Decreases by 22%, Sep-Nov Ordinary Profit Decreases by 21%
2305 STUDIO ALICE Co.,Ltd. 【J-GAAP】
Earnings ReportSTUDIO ALICE Co.,Ltd. <2305> [TSE Std] announced its financial results after the market closed on January 14th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending February 2026 (March to November) decreased 22.2% from the same period last year to 1.83 billion yen. Progress toward the full-year plan of 2.87 billion yen was 63.9%, also falling below the five-year average of 86.4%.
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 for the December to February period (4Q) is expected to expand 49.2% from the same period last year, reaching 1.03 billion yen.
In the most recent three-month period, from September to November (3Q), the consolidated ordinary profit decreased to 2.26 billion yen, a 20.8% decrease compared to the same period last year. The operating profit margin decreased from 24.9% in the same period last year to 21.8%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar - Nov, 2023 | 27,416 | 1,913 | 1,929 | 1,126 | 66.4 | 83.1 | Jan 9, 2024 | J-GAAP |
| Mar - Nov, 2024 | 26,835 | 2,328 | 2,356 | 1,163 | 68.5 | 77.2 | Jan 10, 2025 | J-GAAP |
| Mar - Nov, 2025 | 24,717 | 1,797 | 1,833 | 1,156 | 68.1 | 63.9 | Jan 14, 2026 | J-GAAP |
| YoY | -7.9% | -22.8% | -22.2% | -0.6% | -0.5% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Sep - Feb, 2024 | 20,235 | 3,552 | 3,559 | 1,963 | 115.6 | 50 | Apr 14, 2025 | J-GAAP |
| Sep - Feb, 2025 Guidance | 19,408 | 3,332 | 3,304 | 1,829 | 107.7 | 50 | Oct 14, 2025 | J-GAAP |
| YoY | -4.1% | -6.2% | -7.2% | -6.8% | -6.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Feb, 2024 | 36,396 | 2,283 | 2,322 | 1,157 | 68.2 | 70 | Apr 12, 2024 | J-GAAP |
| Feb, 2025 | 35,598 | 3,021 | 3,051 | 1,365 | 80.4 | 50 | Apr 14, 2025 | J-GAAP |
| Feb, 2026 Guidance | 33,780 | 2,870 | 2,870 | 1,450 | 85.4 | 50 | Apr 14, 2025 | J-GAAP |
| YoY | -5.1% | -5.0% | -5.9% | +6.2% | +6.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Sep - Nov, 2024 | 11,472 | 2,859 | 2,864 | 1,761 | 103.7 | 24.9 | Jan 10, 2025 | J-GAAP |
| Dec - Feb, 2024 | 8,763 | 693 | 695 | 202 | 11.9 | 7.9 | Apr 14, 2025 | J-GAAP |
| Mar - May, 2025 | 7,844 | 211 | 227 | 157 | 9.3 | 2.7 | Jul 14, 2025 | J-GAAP |
| Jun - Aug, 2025 | 6,528 | -673 | -661 | -536 | -31.6 | -10.3 | Oct 14, 2025 | J-GAAP |
| Sep - Nov, 2025 | 10,345 | 2,259 | 2,267 | 1,535 | 90.4 | 21.8 | Jan 14, 2026 | J-GAAP |
| YoY | -9.8% | -21.0% | -20.8% | -12.8% | -12.8% |
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