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TOKAI RIKA, Ordinary Profit Forecast for the Fiscal Year Revised Upward to an Unexpected 13% Increase
6995 TOKAI RIKA CO.,LTD. 【J-GAAP】
Earnings ReportTOKAI RIKA CO.,LTD. <6995> [TSE Prime] announced its financial results in the afternoon session on February 2nd (14:40). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) expanded 36.5 billion yen, an increase 32.6% compared to the same period last year.
In addition, the full-year forecast for consolidated ordinary profit has been revised upward 14.7%, from the previous forecast of 34.0 billion yen to 39.0 billion yen (compared to 34.4 billion yen in the previous period), turning to a 13.1% increase in the consolidated ordinary profit outlook.
Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the October to March period (second half) has been revised upward 49.6%, from the previous forecast of 10.0 billion yen to 15.0 billion yen (compared to 19.9 billion yen in the same period of the previous year), and the declining rate is expected to decrease from 49.5% to 24.4%.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 12.6 billion yen, a 3.2% decrease compared to the same period last year. The operating profit margin remained almost flat, changing from 5.8% in the same period last year to 5.8%.
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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 | 474,929 | 33,213 | 39,565 | 26,965 | 295.2 | 99.9 | Feb 1, 2024 | J-GAAP |
| Apr - Dec, 2024 | 459,492 | 27,619 | 27,573 | 22,666 | 268.0 | 80.0 | Jan 30, 2025 | J-GAAP |
| Apr - Dec, 2025 | 479,695 | 29,598 | 36,551 | 26,504 | 311.5 | 93.7 | Feb 2, 2026 | J-GAAP |
| YoY | +4.4% | +7.2% | +32.6% | +16.9% | +16.2% |
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 | 305,177 | 8,915 | 10,080 | 7,495 | 88.1 | 50 | Oct 30, 2025 | J-GAAP |
| Oct - Mar, 2025 New | 325,177 | 13,915 | 15,080 | 10,495 | 123.3 | 50 | Feb 2, 2026 | J-GAAP |
| Revision Rate | +6.6% | +56.1% | +49.6% | +40.0% | +40.0% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 620,000 | 29,000 | 34,000 | 26,000 | 305.5 | 105 | Oct 30, 2025 | J-GAAP |
| Mar, 2026 New | 640,000 | 34,000 | 39,000 | 29,000 | 340.7 | 105 | Feb 2, 2026 | J-GAAP |
| Revision Rate | +3.2% | +17.2% | +14.7% | +11.5% | +11.5% |
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 | 313,688 | 16,898 | 19,956 | 17,150 | 202.5 | 50 | Apr 24, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 325,177 | 13,915 | 15,080 | 10,495 | 123.3 | 50 | Feb 2, 2026 | J-GAAP |
| YoY | +3.7% | -17.7% | -24.4% | -38.8% | -39.1% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 623,558 | 28,822 | 39,592 | 24,850 | 276.8 | 75 | Apr 25, 2024 | J-GAAP |
| Mar, 2025 | 617,660 | 35,439 | 34,479 | 27,808 | 328.3 | 95 | Apr 24, 2025 | J-GAAP |
| Mar, 2026 Guidance | 640,000 | 34,000 | 39,000 | 29,000 | 340.7 | 105 | Feb 2, 2026 | J-GAAP |
| YoY | +3.6% | -4.1% | +13.1% | +4.3% | +3.8% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 155,520 | 9,078 | 13,050 | 12,008 | 142.0 | 5.8 | Jan 30, 2025 | J-GAAP |
| Jan - Mar, 2025 | 158,168 | 7,820 | 6,906 | 5,142 | 60.7 | 4.9 | Apr 24, 2025 | J-GAAP |
| Apr - Jun, 2025 | 152,690 | 7,834 | 9,430 | 5,181 | 60.9 | 5.1 | Jul 30, 2025 | J-GAAP |
| Jul - Sep, 2025 | 162,133 | 12,251 | 14,490 | 13,324 | 156.6 | 7.6 | Oct 30, 2025 | J-GAAP |
| Oct - Dec, 2025 | 164,872 | 9,513 | 12,631 | 7,999 | 94.0 | 5.8 | Feb 2, 2026 | J-GAAP |
| YoY | +6.0% | +4.8% | -3.2% | -33.4% | -33.8% |
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