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HOKUETSU INDUSTRIES, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 11%, Oct-Dec Ordinary Profit Increases by 15%
6364 AIRMAN CORPORATION 【J-GAAP】
Earnings ReportAIRMAN CORPORATION <6364> [TSE Prime] 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) increased 10.7% from the same period last year, reaching 6.25 billion yen. Progress toward the full-year plan of 7.00 billion yen was 89.3%, also surpassing the five-year average of 72.7%.
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 January to March period (4Q) is expected to drop 39.7% from the same period last year to 0.74 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 15.5% from the same period last year, reaching 2.59 billion yen. The operating profit margin jumped from 10.7% in the same period last year to 14.9%.
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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 | 39,335 | 5,444 | 5,493 | 3,802 | 135.5 | 75.0 | Jan 31, 2024 | J-GAAP |
| Apr - Dec, 2024 | 41,201 | 5,063 | 5,650 | 3,904 | 140.7 | 82.0 | Jan 31, 2025 | J-GAAP |
| Apr - Dec, 2025 | 42,786 | 5,677 | 6,253 | 4,345 | 158.7 | 89.3 | Jan 30, 2026 | J-GAAP |
| YoY | +3.8% | +12.1% | +10.7% | +11.3% | +12.8% |
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 | 27,661 | 3,352 | 3,483 | 2,452 | 88.6 | 37 | May 9, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 27,134 | 3,468 | 3,339 | 2,308 | 85.1 | 40 | Nov 6, 2025 | J-GAAP |
| YoY | -1.9% | +3.5% | -4.1% | -5.9% | -3.9% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 51,900 | 6,187 | 7,323 | 5,098 | 182.2 | 57 | May 9, 2024 | J-GAAP |
| Mar, 2025 | 54,827 | 6,918 | 6,888 | 4,812 | 173.8 | 57 | May 9, 2025 | J-GAAP |
| Mar, 2026 Guidance | 55,000 | 6,920 | 7,000 | 4,870 | 179.6 | 60 | May 9, 2025 | J-GAAP |
| YoY | +0.3% | +0.0% | +1.6% | +1.2% | +3.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 14,035 | 1,497 | 2,245 | 1,544 | 55.7 | 10.7 | Jan 31, 2025 | J-GAAP |
| Jan - Mar, 2025 | 13,626 | 1,855 | 1,238 | 908 | 32.8 | 13.6 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 13,254 | 1,614 | 1,542 | 1,090 | 39.7 | 12.2 | Jul 30, 2025 | J-GAAP |
| Jul - Sep, 2025 | 14,612 | 1,838 | 2,119 | 1,472 | 53.6 | 12.6 | Nov 6, 2025 | J-GAAP |
| Oct - Dec, 2025 | 14,920 | 2,225 | 2,592 | 1,783 | 65.1 | 14.9 | Jan 30, 2026 | J-GAAP |
| YoY | +6.3% | +48.6% | +15.5% | +15.5% | +17.0% |
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