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SHOFU, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 7%, Oct-Dec Ordinary Profit Decreases by 18%
7979 SHOFU INC. 【J-GAAP】
Earnings ReportSHOFU INC. <7979> [TSE Prime] announced its financial results after the market closed on February 4th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) decreased 6.9% from the same period last year to 4.18 billion yen. Progress toward the full-year plan of 5.36 billion yen was 78.0%, below the five-year average of 80.1%.
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 14.3% from the same period last year, reaching 1.18 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 1.22 billion yen, a 17.8% decrease compared to the same period last year. The operating profit margin decreased from 12.6% in the same period last year to 9.9%.
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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 | 25,403 | 3,409 | 3,692 | 2,747 | 77.5 | 72.1 | Feb 2, 2024 | J-GAAP |
| Apr - Dec, 2024 | 28,845 | 4,295 | 4,490 | 3,484 | 98.1 | 81.3 | Feb 5, 2025 | J-GAAP |
| Apr - Dec, 2025 | 29,114 | 3,806 | 4,182 | 3,412 | 95.9 | 78.0 | Feb 4, 2026 | J-GAAP |
| YoY | +0.9% | -11.4% | -6.9% | -2.1% | -2.2% |
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 | 19,811 | 2,350 | 2,517 | 1,953 | 55.0 | 31 | May 9, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 21,781 | 2,423 | 2,401 | 2,104 | 59.1 | 32 | Oct 28, 2025 | J-GAAP |
| YoY | +9.9% | +3.1% | -4.6% | +7.7% | +7.5% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 35,080 | 4,709 | 5,118 | 3,655 | 103.1 | 31 | May 9, 2024 | J-GAAP |
| Mar, 2025 | 38,698 | 5,392 | 5,523 | 4,317 | 121.5 | 49 | May 9, 2025 | J-GAAP |
| Mar, 2026 Guidance | 40,876 | 5,236 | 5,363 | 4,701 | 132.1 | 53 | May 9, 2025 | J-GAAP |
| YoY | +5.6% | -2.9% | -2.9% | +8.9% | +8.7% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 9,958 | 1,253 | 1,484 | 1,120 | 31.5 | 12.6 | Feb 5, 2025 | J-GAAP |
| Jan - Mar, 2025 | 9,853 | 1,097 | 1,033 | 833 | 23.5 | 11.1 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 9,506 | 1,495 | 1,484 | 854 | 24.0 | 15.7 | Aug 6, 2025 | J-GAAP |
| Jul - Sep, 2025 | 9,589 | 1,318 | 1,478 | 1,743 | 49.0 | 13.7 | Nov 6, 2025 | J-GAAP |
| Oct - Dec, 2025 | 10,019 | 993 | 1,220 | 815 | 22.9 | 9.9 | Feb 4, 2026 | J-GAAP |
| YoY | +0.6% | -20.8% | -17.8% | -27.2% | -27.3% |
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