kabutan

TMH, 9% Increase in Ordinary Profit, Update Record High for Third Consecutive Term

Wed Jan 14, 2026 4:00 pm JST Earnings

280A TMH Inc. 【J-GAAP】

Earnings Report

TMH Inc. <280A> [TSE Growth] announced its financial results after the market closed on January 14th (16:00). The consolidated ordinary profit for the fiscal year ended November 2025 increased by 10.5% from the previous period non-consolidated to 338 million yen. For the fiscal year ending November 2026, the consolidated ordinary profit is expected to grow by 9.2% to 369 million yen, marking the third consecutive term of record-high profits.

In the most recent three-month period, from September to November (4Q), the consolidated ordinary profit dropped to 140 million yen, a 49.5% decrease compared to the same period last year. The operating profit margin significantly dropped from 12.3% in the same period last year to 8.6%.

Note: Since the fiscal year ending November 2025, the company has transitioned to consolidated financial statements.

Note: If the earnings forecast is disclosed as a range, the article is based on the midpoint of that range.

Kabutan News

Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Nov, 2024 6,017 323 306 272 81.0 0 Jan 14, 2025 J-GAAP
Nov, 2025 8,628 355 338 249 67.7 0 Jan 14, 2026 J-GAAP
YoY +43.4% +9.9% +10.5% -8.5% -16.3%

Full Year Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Nov, 2025 Guidance 8,118 331 321 216 58.4 0 Oct 14, 2025 J-GAAP
Nov, 2025 Results 8,628 355 338 249 67.7 0 Jan 14, 2026 J-GAAP
Revision Rate +6.3% +7.3% +5.3% +15.3% +16.0%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec - May, 2024 6,522 285 274 188 51.5 0 Jul 15, 2025 J-GAAP
Dec - May, 2025 Guidance ー ー ー ー － 0 Jan 14, 2026 J-GAAP
YoY － － － － －

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Nov, 2024 6,017 323 306 272 81.0 0 Jan 14, 2025 J-GAAP
Nov, 2025 8,628 355 338 249 67.7 0 Jan 14, 2026 J-GAAP
Nov, 2026 Guidance 6,112 367 369 250 67.6 0 Jan 14, 2026 J-GAAP
YoY -29.2% +3.4% +9.2% +0.4% -0.2%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Sep - Nov, 2024 2,132 262 277 244 72.6 12.3 Jan 14, 2025 J-GAAP
Dec - Feb, 2024 2,305 65 57 39 10.9 2.8 Apr 14, 2025 J-GAAP
Mar - May, 2025 4,217 220 217 149 40.8 5.2 Jul 15, 2025 J-GAAP
Jun - Aug, 2025 407 -76 -76 -53 -14.5 -18.7 Oct 14, 2025 J-GAAP
Sep - Nov, 2025 1,699 146 140 114 31.0 8.6 Jan 14, 2026 J-GAAP
YoY -20.3% -44.3% -49.5% -53.3% -57.3%

Related Articles