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BayCurrent Inc, Mar-Nov (Cumulative 3Q) Net Income Increases by 23%, Sep-Nov Net Income Increases by 13%
6532 BayCurrent, Inc. 【IFRS】
Earnings ReportBayCurrent, Inc. <6532> [TSE Prime] announced its financial results (based on IFRS) after the market closed on January 14th (15:30). The consolidated net income for the cumulative third quarter of the fiscal year ending February 2026 (March to November) increased 22.8% from the same period last year, reaching 26.0 billion yen. Progress toward the full-year plan of 37.3 billion yen was 69.8%, exceeding the five-year average of 67.5%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated net income for the December to February period (4Q) is expected to grow 17.8% from the same period last year, reaching 11.2 billion yen.
In the most recent three-month period, from September to November (3Q), the consolidated net income grew 12.5% from the same period last year, reaching 8.81 billion yen. However, the operating profit margin decreased from 36.1% in the same period last year to 31.8%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar - Nov, 2023 | 67,717 | 24,194 | 24,153 | 17,596 | 115.1 | 70.7 | Jan 12, 2024 | IFRS |
| Mar - Nov, 2024 | 83,525 | 28,747 | 28,688 | 21,200 | 139.3 | 67.4 | Jan 14, 2025 | IFRS |
| Mar - Nov, 2025 | 105,936 | 35,193 | 35,206 | 26,043 | 171.5 | 69.2 | Jan 14, 2026 | IFRS |
| YoY | +26.8% | +22.4% | +22.7% | +22.8% | +23.1% |
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 | 61,962 | 24,486 | 24,457 | 17,392 | 114.3 | 37 | Apr 10, 2025 | IFRS |
| Sep - Feb, 2025 Guidance | 74,538 | 27,730 | 27,608 | 20,071 | 132.2 | 50 | Oct 15, 2025 | IFRS |
| YoY | +20.3% | +13.2% | +12.9% | +15.4% | +15.6% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Feb, 2024 | 93,909 | 34,129 | 34,160 | 25,382 | 166.0 | 43 | Apr 12, 2024 | IFRS |
| Feb, 2025 | 116,056 | 42,615 | 42,546 | 30,760 | 202.2 | 62 | Apr 10, 2025 | IFRS |
| Feb, 2026 Guidance | 143,000 | 51,000 | 50,900 | 37,300 | 245.6 | 100 | Apr 10, 2025 | IFRS |
| YoY | +23.2% | +19.7% | +19.6% | +21.3% | +21.5% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Sep - Nov, 2024 | 29,431 | 10,618 | 10,599 | 7,832 | 51.5 | 36.1 | Jan 14, 2025 | IFRS |
| Dec - Feb, 2024 | 32,531 | 13,868 | 13,858 | 9,560 | 62.8 | 42.6 | Apr 10, 2025 | IFRS |
| Mar - May, 2025 | 34,307 | 12,207 | 12,190 | 9,016 | 59.3 | 35.6 | Jul 15, 2025 | IFRS |
| Jun - Aug, 2025 | 34,155 | 11,063 | 11,102 | 8,213 | 54.1 | 32.4 | Oct 15, 2025 | IFRS |
| Sep - Nov, 2025 | 37,474 | 11,923 | 11,914 | 8,814 | 58.0 | 31.8 | Jan 14, 2026 | IFRS |
| YoY | +27.3% | +12.3% | +12.4% | +12.5% | +12.8% |
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