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TKP, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 8%, Raises Record High Profit Forecast
3479 TKP Corporation 【J-GAAP】
Earnings ReportTKP Corporation <3479> [TSE Growth] 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) expanded 5.40 billion yen, an increase 31.4% compared to the same period last year.
In addition, the full-year forecast for consolidated ordinary profit has been revised upward 7.5%, from the previous forecast of 8.00 billion yen to 8.60 billion yen (compared to 5.82 billion yen in the previous period), increasing the growth rate from 37.3% to 47.6%, further surpassing the previous forecast of record-high profits for three consecutive terms.
Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the September to February period (second half) is expected to increase 11.6%, from the previous forecast of 5.17 billion yen to 5.77 billion yen (compared to 3.20 billion yen in the same period of the previous year), increasing the growth rate from 61.5% to 80.2%.
In the most recent three-month period, from September to November (3Q), the consolidated ordinary profit increased 72.9% from the same period last year, reaching 2.57 billion yen. The operating profit margin improved from 8.7% in the same period last year to 10.7%.
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 | 27,403 | 3,928 | 4,229 | 6,489 | 155.2 | 87.0 | Jan 15, 2024 | J-GAAP |
| Mar - Nov, 2024 | 40,130 | 4,461 | 4,111 | 3,296 | 78.7 | 70.6 | Jan 14, 2025 | J-GAAP |
| Mar - Nov, 2025 | 76,985 | 6,133 | 5,402 | 3,097 | 80.3 | 62.8 | Jan 14, 2026 | J-GAAP |
| YoY | +91.8% | +37.5% | +31.4% | -6.0% | +2.0% |
Guidance Update
Second Half Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Sep - Feb, 2025 Prev | 54,102 | 5,761 | 5,173 | 1,977 | 52.0 | 0 | Oct 15, 2025 | J-GAAP |
| Sep - Feb, 2025 New | 63,602 | 6,761 | 5,773 | 2,177 | 57.3 | 0 | Jan 14, 2026 | J-GAAP |
| Revision Rate | +17.6% | +17.4% | +11.6% | +10.1% | +10.1% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Feb, 2026 Prev | 104,000 | 9,000 | 8,000 | 3,600 | 94.7 | 0 | Aug 14, 2025 | J-GAAP |
| Feb, 2026 New | 113,500 | 10,000 | 8,600 | 3,800 | 99.9 | 0 | Jan 14, 2026 | J-GAAP |
| Revision Rate | +9.1% | +11.1% | +7.5% | +5.6% | +5.6% |
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 | 38,928 | 3,182 | 3,203 | 1,367 | 32.7 | 0 | Apr 14, 2025 | J-GAAP |
| Sep - Feb, 2025 Guidance | 63,602 | 6,761 | 5,773 | 2,177 | 57.3 | 0 | Jan 14, 2026 | J-GAAP |
| YoY | +63.4% | +112.5% | +80.2% | +59.3% | +74.9% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Feb, 2024 | 36,545 | 4,607 | 4,862 | 7,321 | 175.0 | 0 | Apr 15, 2024 | J-GAAP |
| Feb, 2025 | 59,208 | 5,915 | 5,825 | 3,789 | 90.7 | 0 | Apr 14, 2025 | J-GAAP |
| Feb, 2026 Guidance | 113,500 | 10,000 | 8,600 | 3,800 | 99.9 | 0 | Jan 14, 2026 | J-GAAP |
| YoY | +91.7% | +69.1% | +47.6% | +0.3% | +10.1% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Sep - Nov, 2024 | 19,850 | 1,728 | 1,489 | 874 | 20.9 | 8.7 | Jan 14, 2025 | J-GAAP |
| Dec - Feb, 2024 | 19,078 | 1,454 | 1,714 | 493 | 11.8 | 7.6 | Apr 14, 2025 | J-GAAP |
| Mar - May, 2025 | 24,465 | 1,801 | 1,659 | 1,079 | 27.2 | 7.4 | Jul 15, 2025 | J-GAAP |
| Jun - Aug, 2025 | 25,433 | 1,438 | 1,168 | 544 | 14.0 | 5.7 | Oct 15, 2025 | J-GAAP |
| Sep - Nov, 2025 | 27,087 | 2,894 | 2,575 | 1,474 | 38.2 | 10.7 | Jan 14, 2026 | J-GAAP |
| YoY | +36.5% | +67.5% | +72.9% | +68.6% | +83.0% |
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