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YELLOW HAT, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 2%, Oct-Dec Ordinary Profit Decreases by 6%
9882 YELLOW HAT LTD. 【J-GAAP】
Earnings ReportYELLOW HAT LTD. <9882> [TSE Prime] announced its financial results after the market closed on January 30th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) was 13.9 billion yen, a 1.8% decrease compared to the same period last year. Progress toward the full-year plan of 17.2 billion yen was 81.1%, almost the same as the five-year average of 83.0%.
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 grow 23.3% from the same period last year, reaching 3.25 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 7.82 billion yen, a 5.6% decrease compared to the same period last year. The operating profit margin decreased from 15.6% in the same period last year to 13.6%.
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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 | 113,554 | 11,966 | 13,190 | 8,976 | 97.2 | 82.6 | Jan 31, 2024 | J-GAAP |
| Apr - Dec, 2024 | 119,149 | 13,119 | 14,202 | 9,727 | 105.8 | 84.3 | Jan 31, 2025 | J-GAAP |
| Apr - Dec, 2025 | 132,353 | 12,716 | 13,949 | 10,468 | 120.0 | 81.1 | Jan 30, 2026 | J-GAAP |
| YoY | +11.1% | -3.1% | -1.8% | +7.6% | +13.4% |
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 | 84,775 | 10,097 | 10,918 | 7,291 | 80.0 | 32.50 | May 9, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 90,695 | 10,395 | 11,071 | 7,080 | 82.4 | 29 | Oct 31, 2025 | J-GAAP |
| YoY | +7.0% | +3.0% | +1.4% | -2.9% | +3.0% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 146,641 | 14,475 | 15,964 | 10,259 | 111.0 | 33 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 154,066 | 15,450 | 16,838 | 11,260 | 123.6 | 50 | May 9, 2025 | J-GAAP |
| Mar, 2026 Guidance | 170,000 | 15,900 | 17,200 | 11,400 | 132.7 | 58 | May 9, 2025 | J-GAAP |
| YoY | +10.3% | +2.9% | +2.1% | +1.2% | +7.4% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 49,858 | 7,766 | 8,282 | 5,758 | 62.7 | 15.6 | Jan 31, 2025 | J-GAAP |
| Jan - Mar, 2025 | 34,917 | 2,331 | 2,636 | 1,533 | 16.8 | 6.7 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 40,288 | 3,504 | 3,870 | 2,677 | 30.3 | 8.7 | Jul 31, 2025 | J-GAAP |
| Jul - Sep, 2025 | 39,017 | 2,001 | 2,259 | 1,643 | 18.7 | 5.1 | Oct 31, 2025 | J-GAAP |
| Oct - Dec, 2025 | 53,048 | 7,211 | 7,820 | 6,148 | 70.5 | 13.6 | Jan 30, 2026 | J-GAAP |
| YoY | +6.4% | -7.1% | -5.6% | +6.8% | +12.5% |
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