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Kodensha, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 16%, Oct-Dec Ordinary Profit Increases by 11%
1948 The Kodensha,Co.,Ltd. 【J-GAAP】
Earnings ReportThe Kodensha,Co.,Ltd. <1948> [TSE Std] announced its financial results in the afternoon session on January 30th (14:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) increased 15.8% from the same period last year, reaching 1.97 billion yen. Progress toward the full-year plan of 3.20 billion yen was 61.8%, exceeding the five-year average of 38.1%.
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 16.3% from the same period last year to 1.22 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 11.0% from the same period last year, reaching 0.92 billion yen. However, the operating profit margin remained almost flat, changing from 8.1% in the same period last year to 8.0%.
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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 | 24,363 | 23 | 127 | 13 | 1.5 | 9.8 | Jan 31, 2024 | J-GAAP |
| Apr - Dec, 2024 | 27,183 | 1,659 | 1,707 | 1,227 | 138.7 | 53.9 | Jan 31, 2025 | J-GAAP |
| Apr - Dec, 2025 | 31,015 | 1,889 | 1,976 | 1,300 | 148.9 | 61.8 | Jan 30, 2026 | J-GAAP |
| YoY | +14.1% | +13.9% | +15.8% | +5.9% | +7.3% |
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 | 21,960 | 2,226 | 2,298 | 2,236 | 253.0 | 51 | May 9, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 22,049 | 2,099 | 2,152 | 1,375 | 157.4 | 45 | Oct 31, 2025 | J-GAAP |
| YoY | +0.4% | -5.7% | -6.4% | -38.5% | -37.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 34,868 | 1,156 | 1,292 | 899 | 101.5 | 54 | May 9, 2024 | J-GAAP |
| Mar, 2025 | 39,264 | 3,081 | 3,169 | 2,737 | 309.7 | 84 | May 9, 2025 | J-GAAP |
| Mar, 2026 Guidance | 42,000 | 3,100 | 3,200 | 2,050 | 234.7 | 90 | Sep 11, 2025 | J-GAAP |
| YoY | +7.0% | +0.6% | +1.0% | -25.1% | -24.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 9,879 | 804 | 836 | 726 | 82.1 | 8.1 | Jan 31, 2025 | J-GAAP |
| Jan - Mar, 2025 | 12,081 | 1,422 | 1,462 | 1,510 | 170.8 | 11.8 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 8,559 | 78 | 112 | 42 | 4.9 | 0.9 | Jul 31, 2025 | J-GAAP |
| Jul - Sep, 2025 | 11,392 | 923 | 936 | 633 | 72.6 | 8.1 | Oct 31, 2025 | J-GAAP |
| Oct - Dec, 2025 | 11,064 | 888 | 928 | 625 | 71.6 | 8.0 | Jan 30, 2026 | J-GAAP |
| YoY | +12.0% | +10.4% | +11.0% | -13.9% | -12.8% |
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