kabutan

Ichigo, Mar-Nov (Cumulative 3Q) Ordinary Profit Increases by 39%

Wed Jan 14, 2026 3:30 pm JST Earnings

2337 Ichigo Inc. 【J-GAAP】

Earnings Report

Ichigo Inc. <2337> [TSE Prime] 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 11.9 billion yen, an increase 39.1% compared to the same period last year. Progress toward the full-year plan of 14.8 billion yen was 80.7%, also surpassing the five-year average of 64.7%.

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 drop 44.8% from the same period last year to 2.85 billion yen.

In the most recent three-month period, from September to November (3Q), the consolidated ordinary profit decreased to 2.89 billion yen, a 4.5% decrease compared to the same period last year. However, the operating profit margin rose from 16.6% in the same period last year to 17.7%.

Kabutan News

Actual Results

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Mar - Nov, 2023 38,419 7,927 5,803 9,590 21.2 55.8 Jan 11, 2024 J-GAAP
Mar - Nov, 2024 57,227 10,338 8,586 8,896 20.3 62.4 Jan 9, 2025 J-GAAP
Mar - Nov, 2025 73,017 15,144 11,943 10,525 25.2 80.7 Jan 14, 2026 J-GAAP
YoY +27.6% +46.5% +39.1% +18.3% +24.1%

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 47,281 9,454 8,210 9,822 22.6 10.50 Apr 14, 2025 J-GAAP
Sep - Feb, 2025 Guidance ー 8,239 5,753 7,376 18.1 11.50 Oct 14, 2025 J-GAAP
YoY － -12.9% -29.9% -24.9% -19.7%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Feb, 2024 82,747 12,960 10,391 12,108 26.9 9 Apr 15, 2024 J-GAAP
Feb, 2025 83,576 16,309 13,764 15,187 34.9 10.50 Apr 14, 2025 J-GAAP
Feb, 2026 Guidance ー 19,500 14,800 16,000 39.3 11.50 Apr 14, 2025 J-GAAP
YoY － +19.6% +7.5% +5.4% +12.7%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Sep - Nov, 2024 20,932 3,483 3,032 3,531 8.1 16.6 Jan 9, 2025 J-GAAP
Dec - Feb, 2024 26,349 5,971 5,178 6,291 14.4 22.7 Apr 14, 2025 J-GAAP
Mar - May, 2025 12,487 3,468 2,328 2,331 5.5 27.8 Jul 15, 2025 J-GAAP
Jun - Aug, 2025 38,537 7,793 6,719 6,293 15.0 20.2 Oct 14, 2025 J-GAAP
Sep - Nov, 2025 21,993 3,883 2,896 1,901 4.6 17.7 Jan 14, 2026 J-GAAP
YoY +5.1% +11.5% -4.5% -46.2% -43.5%

Related Articles