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BELLUNA, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 26%, Oct-Dec Ordinary Profit Increases by 42%
9997 BELLUNA CO.,LTD. 【J-GAAP】
Earnings ReportBELLUNA CO.,LTD. <9997> [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) increased 25.9% from the same period last year, reaching 10.9 billion yen. Progress toward the full-year plan of 13.5 billion yen was 81.2%, also surpassing the five-year average of 69.0%.
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 drop 44.3% from the same period last year to 2.53 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit increased 41.7% from the same period last year, reaching 6.46 billion yen. The operating profit margin improved from 6.1% in the same period last year to 9.0%.
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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 | 156,278 | 5,725 | 6,930 | 5,081 | 52.6 | 58.6 | Jan 31, 2024 | J-GAAP |
| Apr - Dec, 2024 | 158,647 | 7,341 | 8,706 | 5,354 | 55.5 | 65.7 | Jan 31, 2025 | J-GAAP |
| Apr - Dec, 2025 | 164,360 | 10,869 | 10,965 | 7,750 | 80.5 | 81.2 | Jan 30, 2026 | J-GAAP |
| YoY | +3.6% | +48.1% | +25.9% | +44.8% | +45.1% |
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 | 113,729 | 8,317 | 9,112 | 6,232 | 64.6 | 14.50 | May 13, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 116,608 | 8,626 | 9,003 | 6,174 | 64.2 | 15 | Oct 30, 2025 | J-GAAP |
| YoY | +2.5% | +3.7% | -1.2% | -0.9% | -0.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 208,298 | 9,787 | 11,831 | 5,839 | 60.4 | 20.50 | May 13, 2024 | J-GAAP |
| Mar, 2025 | 210,856 | 11,887 | 13,255 | 8,797 | 91.3 | 29 | May 13, 2025 | J-GAAP |
| Mar, 2026 Guidance | 214,600 | 13,500 | 13,500 | 9,500 | 98.7 | 30 | May 13, 2025 | J-GAAP |
| YoY | +1.8% | +13.6% | +1.8% | +8.0% | +8.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 61,520 | 3,771 | 4,563 | 2,789 | 28.9 | 6.1 | Jan 31, 2025 | J-GAAP |
| Jan - Mar, 2025 | 52,209 | 4,546 | 4,549 | 3,443 | 35.7 | 8.7 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 50,826 | 1,591 | 1,258 | 739 | 7.7 | 3.1 | Jul 31, 2025 | J-GAAP |
| Jul - Sep, 2025 | 47,166 | 3,283 | 3,239 | 2,587 | 26.9 | 7.0 | Oct 31, 2025 | J-GAAP |
| Oct - Dec, 2025 | 66,368 | 5,995 | 6,468 | 4,424 | 46.0 | 9.0 | Jan 30, 2026 | J-GAAP |
| YoY | +7.9% | +59.0% | +41.7% | +58.6% | +59.0% |
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