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CALBEE, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 22%, Oct-Dec Ordinary Profit Decreases by 12%
2229 CALBEE,Inc. 【J-GAAP】
Earnings ReportCALBEE,Inc. <2229> [TSE Prime] announced its financial results at noon (12:00) on February 2nd. The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) decreased 21.8% from the same period last year to 20.6 billion yen. Progress toward the full-year plan of 26.3 billion yen was 78.5%, below the five-year average of 82.2%.
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 expand 64.2% from the same period last year, reaching 5.66 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 10.2 billion yen, an 11.7% decrease compared to the same period last year. The operating profit margin decreased from 11.9% in the same period last year to 10.8%.
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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 | 227,339 | 23,715 | 26,031 | 17,165 | 137.4 | 83.6 | Feb 6, 2024 | J-GAAP |
| Apr - Dec, 2024 | 243,777 | 25,249 | 26,395 | 18,352 | 146.9 | 88.4 | Feb 6, 2025 | J-GAAP |
| Apr - Dec, 2025 | 256,740 | 19,987 | 20,636 | 13,621 | 109.4 | 78.5 | Feb 2, 2026 | J-GAAP |
| YoY | +5.3% | -20.8% | -21.8% | -25.8% | -25.5% |
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 | 165,494 | 14,140 | 15,043 | 10,241 | 82.0 | 58 | May 12, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 173,254 | 15,842 | 15,903 | 10,712 | 88.1 | 66 | Nov 5, 2025 | J-GAAP |
| YoY | +4.7% | +12.0% | +5.7% | +4.6% | +7.5% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 303,027 | 27,304 | 31,155 | 19,886 | 159.2 | 56 | May 9, 2024 | J-GAAP |
| Mar, 2025 | 322,564 | 29,066 | 29,844 | 20,874 | 167.1 | 58 | May 12, 2025 | J-GAAP |
| Mar, 2026 Guidance | 339,000 | 26,000 | 26,300 | 17,500 | 143.9 | 66 | Nov 5, 2025 | J-GAAP |
| YoY | +5.1% | -10.5% | -11.9% | -16.2% | -13.9% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 86,707 | 10,323 | 11,594 | 7,719 | 61.8 | 11.9 | Feb 6, 2025 | J-GAAP |
| Jan - Mar, 2025 | 78,787 | 3,817 | 3,449 | 2,522 | 20.2 | 4.8 | May 12, 2025 | J-GAAP |
| Apr - Jun, 2025 | 82,234 | 5,295 | 5,283 | 3,545 | 28.4 | 6.4 | Aug 1, 2025 | J-GAAP |
| Jul - Sep, 2025 | 83,512 | 4,863 | 5,114 | 3,243 | 26.0 | 5.8 | Nov 5, 2025 | J-GAAP |
| Oct - Dec, 2025 | 90,994 | 9,829 | 10,239 | 6,833 | 54.9 | 10.8 | Feb 2, 2026 | J-GAAP |
| YoY | +4.9% | -4.8% | -11.7% | -11.5% | -11.2% |
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