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CORREC, Net Income Forecast for the Fiscal Year Turns to Profit, Exceeds Expectations

Wed Jan 14, 2026 3:30 pm JST Earnings

6578 CORREC HOLDINGS Inc. 【J-GAAP】

Earnings Report

CORREC HOLDINGS Inc. <6578> [TSE Std] announced its financial results after the market closed on January 14th (15:30). The consolidated net income/loss for the cumulative third quarter of the fiscal year ending February 2026 (March to November) turned into a loss of 39 million yen (compared to a profit of 108 million yen in the same period last year).

However, the full-year forecast for consolidated net income has been revised upward from an expected loss of 175 million yen to a profit of 36 million yen (compared to a profit of 19 million yen in the previous period), turning to a profit and leading to an 89.5% increase in the consolidated net income outlook.

Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated net income for the September to February period (second half) has been revised upward from an expected loss of 117 million yen to a profit of 94 million yen (compared to a profit of 64 million yen in the same period of the previous year), turning to a profit and leading to a 46.9% increase in the consolidated net income outlook.

In the most recent three-month period, from September to November (3Q), the consolidated net income significantly dropped to 19 million yen, an 87.6% decrease compared to the same period last year. The operating profit margin drastically worsened from 7.4% in the same period last year to 1.8%.

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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 2,794 55 54 39 5.4 46.2 Jan 12, 2024 J-GAAP
Mar - Nov, 2024 4,517 96 100 108 14.8 45.0 Jan 14, 2025 J-GAAP
Mar - Nov, 2025 4,958 110 119 -39 -5.4 86.9 Jan 14, 2026 J-GAAP
YoY +9.8% +14.6% +19.0%

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 3,354 39 31 -117 -15.9 9 Oct 15, 2025 J-GAAP
Sep - Feb, 2025 New 3,502 61 58 94 12.8 9 Jan 14, 2026 J-GAAP
Revision Rate +4.4% +56.4% +87.1%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Feb, 2026 Prev 6,666 119 110 -175 -23.8 9 Sep 11, 2025 J-GAAP
Feb, 2026 New 6,814 141 137 36 4.9 9 Jan 14, 2026 J-GAAP
Revision Rate +2.2% +18.5% +24.5%

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 3,812 262 260 64 9.2 8 Apr 14, 2025 J-GAAP
Sep - Feb, 2025 Guidance 3,502 61 58 94 12.8 9 Jan 14, 2026 J-GAAP
YoY -8.1% -76.7% -77.7% +46.9% +39.6%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Feb, 2024 3,938 119 117 88 12.2 7 Apr 12, 2024 J-GAAP
Feb, 2025 6,468 220 222 19 2.7 8 Apr 14, 2025 J-GAAP
Feb, 2026 Guidance 6,814 141 137 36 4.9 9 Jan 14, 2026 J-GAAP
YoY +5.3% -35.9% -38.3% +89.5% +80.1%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Sep - Nov, 2024 1,861 138 138 153 20.9 7.4 Jan 14, 2025 J-GAAP
Dec - Feb, 2024 1,951 124 122 -89 -12.7 6.4 Apr 14, 2025 J-GAAP
Mar - May, 2025 1,815 111 110 87 11.9 6.1 Sep 11, 2025 J-GAAP
Jun - Aug, 2025 1,497 -31 -31 -145 -19.9 -2.1 Oct 15, 2025 J-GAAP
Sep - Nov, 2025 1,646 30 40 19 2.6 1.8 Jan 14, 2026 J-GAAP
YoY -11.6% -78.3% -71.0% -87.6% -87.5%

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