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TSUBAKIMOTO KOGYO, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 6%, Oct-Dec Ordinary Profit Decreases by 20%
8052 TSUBAKIMOTO KOGYO CO.,LTD. 【J-GAAP】
Earnings ReportTSUBAKIMOTO KOGYO CO.,LTD. <8052> [TSE Prime] announced its financial results after the market closed on January 30th (16:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) increased 6.1% from the same period last year, reaching 4.92 billion yen. However, Progress toward the full-year plan of 6.90 billion yen was 71.4%, almost the same as the five-year average of 71.2%.
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 5.6% from the same period last year, reaching 1.97 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 1.48 billion yen, a 19.5% decrease compared to the same period last year. The operating profit margin worsened from 5.0% in the same period last year to 4.1%.
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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 | 83,139 | 3,889 | 4,223 | 2,890 | 153.8 | 75.7 | Jan 31, 2024 | J-GAAP |
| Apr - Dec, 2024 | 88,512 | 4,167 | 4,643 | 3,217 | 172.1 | 71.3 | Jan 31, 2025 | J-GAAP |
| Apr - Dec, 2025 | 94,949 | 4,407 | 4,925 | 3,295 | 179.4 | 71.4 | Jan 30, 2026 | J-GAAP |
| YoY | +7.3% | +5.8% | +6.1% | +2.4% | +4.3% |
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 | 67,723 | 3,455 | 3,718 | 2,803 | 150.6 | 65 | May 8, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 60,174 | 3,175 | 3,462 | 2,538 | 138.2 | 60 | Oct 31, 2025 | J-GAAP |
| YoY | -11.1% | -8.1% | -6.9% | -9.5% | -8.2% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 113,503 | 5,233 | 5,577 | 4,000 | 212.9 | 60 | May 8, 2024 | J-GAAP |
| Mar, 2025 | 124,323 | 6,021 | 6,513 | 4,691 | 252.0 | 80 | May 8, 2025 | J-GAAP |
| Mar, 2026 Guidance | 125,000 | 6,350 | 6,900 | 4,850 | 264.0 | 80 | May 8, 2025 | J-GAAP |
| YoY | +0.5% | +5.5% | +5.9% | +3.4% | +4.8% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 31,912 | 1,601 | 1,848 | 1,329 | 71.1 | 5.0 | Jan 31, 2025 | J-GAAP |
| Jan - Mar, 2025 | 35,811 | 1,854 | 1,870 | 1,474 | 79.2 | 5.2 | May 8, 2025 | J-GAAP |
| Apr - Jun, 2025 | 30,502 | 1,520 | 1,753 | 1,205 | 65.7 | 5.0 | Jul 25, 2025 | J-GAAP |
| Jul - Sep, 2025 | 34,324 | 1,655 | 1,685 | 1,107 | 60.3 | 4.8 | Oct 31, 2025 | J-GAAP |
| Oct - Dec, 2025 | 30,123 | 1,232 | 1,487 | 983 | 53.5 | 4.1 | Jan 30, 2026 | J-GAAP |
| YoY | -5.6% | -23.0% | -19.5% | -26.0% | -24.7% |
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