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MORY INDUSTRIES, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 19%, Oct-Dec Ordinary Profit Decreases by 14%
5464 MORY INDUSTRIES INC. 【J-GAAP】
Earnings ReportMORY INDUSTRIES INC. <5464> [TSE Std] announced its financial results in the afternoon session on January 30th (13:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) decreased 19.3% from the same period last year to 3.71 billion yen. However, Progress toward the full-year plan of 4.80 billion yen was 77.4%, also surpassing the five-year average of 74.8%.
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 January to March period (4Q) is expected to decrease 3.1% from the same period last year to 1.08 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 1.41 billion yen, a 13.9% decrease compared to the same period last year. The operating profit margin decreased from 12.3% in the same period last year to 11.4%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Dec, 2023 | 36,370 | 4,600 | 4,960 | 3,544 | 91.3 | 77.6 | Jan 31, 2024 | J-GAAP |
| Apr - Dec, 2024 | 34,880 | 4,290 | 4,602 | 3,279 | 84.7 | 80.4 | Jan 31, 2025 | J-GAAP |
| Apr - Dec, 2025 | 32,541 | 3,318 | 3,715 | 2,555 | 67.2 | 77.4 | Jan 30, 2026 | J-GAAP |
| YoY | -6.7% | -22.7% | -19.3% | -22.1% | -20.6% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2024 | 23,312 | 2,586 | 2,765 | 2,049 | 53.1 | 26 | May 9, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 24,187 | 2,533 | 2,501 | 1,810 | 47.7 | 20 | Oct 31, 2025 | J-GAAP |
| YoY | +3.8% | -2.0% | -9.5% | -11.7% | -10.2% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 47,898 | 5,896 | 6,393 | 4,519 | 116.4 | 46 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 46,141 | 5,396 | 5,722 | 4,128 | 107.0 | 42 | May 9, 2025 | J-GAAP |
| Mar, 2026 Guidance | 45,800 | 4,600 | 4,800 | 3,400 | 89.5 | 36 | May 9, 2025 | J-GAAP |
| YoY | -0.7% | -14.8% | -16.1% | -17.6% | -16.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 12,051 | 1,480 | 1,645 | 1,200 | 31.0 | 12.3 | Jan 31, 2025 | J-GAAP |
| Jan - Mar, 2025 | 11,261 | 1,106 | 1,120 | 849 | 22.0 | 9.8 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 10,966 | 1,082 | 1,245 | 860 | 22.7 | 9.9 | Jul 31, 2025 | J-GAAP |
| Jul - Sep, 2025 | 10,647 | 985 | 1,054 | 730 | 19.2 | 9.3 | Oct 31, 2025 | J-GAAP |
| Oct - Dec, 2025 | 10,928 | 1,251 | 1,416 | 965 | 25.4 | 11.4 | Jan 30, 2026 | J-GAAP |
| YoY | -9.3% | -15.5% | -13.9% | -19.6% | -18.1% |
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