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KOWA, Mar-Nov (Cumulative 3Q) Ordinary Profit Decreases by 25%, Sep-Nov Ordinary Profit Decreases by 17%
7807 KOWA CO.,LTD. 【J-GAAP】
Earnings ReportKOWA CO.,LTD. <7807> [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 25.4% from the same period last year to 514 million yen. Progress toward the full-year plan of 700 million yen was 73.4%, also falling below the five-year average of 87.4%.
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 34.8% from the same period last year, reaching 186 million yen.
In the most recent three-month period, from September to November (3Q), the consolidated ordinary profit decreased to 140 million yen, a 17.2% decrease compared to the same period last year. However, the operating profit margin rose from 11.3% in the same period last year to 11.9%.
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 | 4,893 | 784 | 775 | 477 | 101.6 | 82.8 | Jan 12, 2024 | J-GAAP |
| Mar - Nov, 2024 | 4,844 | 675 | 689 | 500 | 116.9 | 83.3 | Jan 14, 2025 | J-GAAP |
| Mar - Nov, 2025 | 4,898 | 563 | 514 | 325 | 78.5 | 73.4 | Jan 14, 2026 | J-GAAP |
| YoY | +1.1% | -16.6% | -25.4% | -35.0% | -32.9% |
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 | 3,094 | 300 | 307 | 200 | 47.0 | 12 | Apr 14, 2025 | J-GAAP |
| Sep - Feb, 2025 Guidance | 3,160 | 323 | 326 | 261 | 62.8 | 13 | Oct 15, 2025 | J-GAAP |
| YoY | +2.1% | +7.7% | +6.2% | +30.5% | +33.5% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Feb, 2024 | 6,404 | 948 | 936 | 710 | 154.7 | 11 | Apr 12, 2024 | J-GAAP |
| Feb, 2025 | 6,368 | 797 | 827 | 616 | 144.9 | 12 | Apr 14, 2025 | J-GAAP |
| Feb, 2026 Guidance | 6,500 | 700 | 700 | 500 | 120.3 | 13 | Apr 14, 2025 | J-GAAP |
| YoY | +2.1% | -12.2% | -15.4% | -18.8% | -17.0% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Sep - Nov, 2024 | 1,570 | 178 | 169 | 84 | 19.7 | 11.3 | Jan 14, 2025 | J-GAAP |
| Dec - Feb, 2024 | 1,524 | 122 | 138 | 116 | 27.3 | 8.0 | Apr 14, 2025 | J-GAAP |
| Mar - May, 2025 | 1,763 | 160 | 184 | 116 | 28.2 | 9.1 | Jul 15, 2025 | J-GAAP |
| Jun - Aug, 2025 | 1,577 | 217 | 190 | 123 | 29.7 | 13.8 | Oct 15, 2025 | J-GAAP |
| Sep - Nov, 2025 | 1,558 | 186 | 140 | 86 | 20.8 | 11.9 | Jan 14, 2026 | J-GAAP |
| YoY | -0.8% | +4.5% | -17.2% | +2.4% | +5.6% |
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