kabutan

MACNICA HOLDINGS, Ordinary Profit Forecast for the Fiscal Year Revised Downward to an Unexpected 4% Decrease

Mon Feb 2, 2026 3:00 pm JST Earnings

3132 MACNICA HOLDINGS, INC. 【J-GAAP】

Earnings Report

MACNICA HOLDINGS, INC. <3132> [TSE Prime] announced its financial results in the afternoon session on February 2nd (15:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) decreased 20.4% from the same period last year to 24.8 billion yen.

In addition, the full-year forecast for consolidated ordinary profit has decreased 6.5%, from the previous forecast of 38.5 billion yen to 36.0 billion yen (compared to 37.3 billion yen in the previous period). This changes the outlook from an anticipated profit increase to a projection of a 3.5% 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 10.5%, from the previous forecast of 23.7 billion yen to 21.2 billion yen (compared to 16.2 billion yen in the same period of the previous year), leading to a reduction in the profit growth rate from 46.6% to 31.2%.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit amounted to 10.0 billion yen, an increase of 0.2% compared to the same period last year. However, the operating profit margin worsened from 4.1% in the same period last year to 3.4%.

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 800,303 51,310 48,793 35,158 193.4 78.7 Jan 29, 2024 J-GAAP
Apr - Dec, 2024 781,789 33,217 31,171 22,631 126.0 83.5 Feb 3, 2025 J-GAAP
Apr - Dec, 2025 888,157 28,268 24,822 18,341 102.8 69.0 Feb 2, 2026 J-GAAP
YoY +13.6% -14.9% -20.4% -19.0% -18.4%

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 474,565 24,494 23,772 15,979 89.5 35 Oct 27, 2025 J-GAAP
Oct - Mar, 2025 New 624,565 22,494 21,272 15,979 89.5 35 Feb 2, 2026 J-GAAP
Revision Rate +31.6% -8.2% -10.5% 0.0% 0.0%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 1,050,000 42,000 38,500 27,000 151.2 70 May 7, 2025 J-GAAP
Mar, 2026 New 1,200,000 40,000 36,000 27,000 151.2 70 Feb 2, 2026 J-GAAP
Revision Rate +14.3% -4.8% -6.5% 0.0% 0.0%

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 515,220 17,272 16,219 10,036 56.0 35 May 7, 2025 J-GAAP
Oct - Mar, 2025 Guidance 624,565 22,494 21,272 15,979 89.5 35 Feb 2, 2026 J-GAAP
YoY +21.2% +30.2% +31.2% +59.2% +59.9%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 1,028,718 63,733 61,966 48,069 264.9 66.67 May 7, 2024 J-GAAP
Mar, 2025 1,034,180 39,649 37,318 25,279 140.9 70 May 7, 2025 J-GAAP
Mar, 2026 Guidance 1,200,000 40,000 36,000 27,000 151.2 70 Feb 2, 2026 J-GAAP
YoY +16.0% +0.9% -3.5% +6.8% +7.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2024 262,829 10,840 10,072 7,388 41.1 4.1 Feb 3, 2025 J-GAAP
Jan - Mar, 2025 252,391 6,432 6,147 2,648 14.8 2.5 May 7, 2025 J-GAAP
Apr - Jun, 2025 281,613 8,198 5,082 5,091 28.5 2.9 Jul 28, 2025 J-GAAP
Jul - Sep, 2025 293,822 9,308 9,646 5,930 33.2 3.2 Oct 27, 2025 J-GAAP
Oct - Dec, 2025 312,722 10,762 10,094 7,320 41.0 3.4 Feb 2, 2026 J-GAAP
YoY +19.0% -0.7% +0.2% -0.9% -0.3%

Related Articles