kabutan

TRADERS HOLDINGS, Ordinary Profit Forecast for the Fiscal Year Revised Downward to an Unexpected 25% Decrease, The Undecided Dividend Raised by 8 Yen

Fri Jan 30, 2026 3:30 pm JST Earnings

8704 TRADERS HOLDINGS CO.,LTD. 【J-GAAP】

Earnings Report

TRADERS HOLDINGS CO.,LTD. <8704> [TSE Std] 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) dropped 31.4% from the same period last year to 3.85 billion yen.

In addition, the full-year forecast for consolidated ordinary profit has decreased 28.6%, from the previous forecast of 7.00 billion yen to 5.00 billion yen (compared to 6.65 billion yen in the previous period). This changes the outlook from an anticipated profit increase to a projection of a 24.8% decrease in profit.

Based on the full-year plan announced by the company after the downward revision, our estimate of the consolidated ordinary profit for the October to March period (second half) has decreased 43.9%, from the previous forecast of 4.55 billion yen to 2.55 billion yen (compared to 2.36 billion yen in the same period of the previous year), leading to a reduction in the profit growth rate from 92.6% to 8.1%.

At the same time, the company has decided to implement a annual dividend of 40 yen for the current fiscal year, which was previously undecided (compared to 32 yen in the prior term).

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 5.8% from the same period last year, reaching 1.41 billion yen. However, the operating profit margin decreased from 46.1% in the same period last year to 44.9%.

Kabutan News

Actual Results

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Dec, 2023 7,830 3,768 3,753 2,878 100.7 85.5 Feb 13, 2024 J-GAAP
Apr - Dec, 2024 10,561 5,611 5,617 3,825 138.1 84.5 Jan 31, 2025 J-GAAP
Apr - Dec, 2025 8,998 3,841 3,852 2,747 102.6 77.0 Jan 30, 2026 J-GAAP
YoY -14.8% -31.5% -31.4% -28.2% -25.7%

Guidance Update

Second Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2025 Prev 8,844 4,570 4,558 3,053 115.9 － Oct 31, 2025 J-GAAP
Oct - Mar, 2025 New 6,144 2,570 2,558 1,753 66.5 24 Jan 30, 2026 J-GAAP
Revision Rate -30.5% -43.8% -43.9% -42.6% -42.6%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 14,700 7,000 7,000 4,800 182.2 － Apr 30, 2025 J-GAAP
Mar, 2026 New 12,000 5,000 5,000 3,500 132.8 40 Jan 30, 2026 J-GAAP
Revision Rate -18.4% -28.6% -28.6% -27.1% -27.1%

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 5,772 2,361 2,366 1,662 60.2 20 Apr 30, 2025 J-GAAP
Oct - Mar, 2025 Guidance 6,144 2,570 2,558 1,753 66.5 24 Jan 30, 2026 J-GAAP
YoY +6.4% +8.9% +8.1% +5.5% +10.6%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 10,103 4,412 4,389 3,334 117.4 24 Apr 30, 2024 J-GAAP
Mar, 2025 13,429 6,634 6,650 4,547 164.6 32 Apr 30, 2025 J-GAAP
Mar, 2026 Guidance 12,000 5,000 5,000 3,500 132.8 40 Jan 30, 2026 J-GAAP
YoY -10.6% -24.6% -24.8% -23.0% -19.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2024 2,904 1,338 1,333 940 33.9 46.1 Jan 31, 2025 J-GAAP
Jan - Mar, 2025 2,868 1,023 1,033 722 26.1 35.7 Apr 30, 2025 J-GAAP
Apr - Jun, 2025 3,018 1,395 1,413 1,079 39.6 46.2 Jul 31, 2025 J-GAAP
Jul - Sep, 2025 2,838 1,035 1,029 668 24.9 36.5 Oct 31, 2025 J-GAAP
Oct - Dec, 2025 3,142 1,411 1,410 1,000 37.4 44.9 Jan 30, 2026 J-GAAP
YoY +8.2% +5.5% +5.8% +6.4% +10.1%

Related Articles