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SHIGEMATSU WORKS, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 35%
7980 SHIGEMATSU WORKS CO.,LTD. 【J-GAAP】
Earnings ReportSHIGEMATSU WORKS CO.,LTD. <7980> [TSE Std] announced its financial results after the market closed on February 5th (15:30). The ordinary profit (non-consolidated) for the cumulative third quarter of the fiscal year ending March 2026 (April to December) dropped 34.6% from the same period last year to 0.32 billion yen. Progress toward the full-year plan of 1.08 billion yen was 29.9%, also falling below the five-year average of 55.5%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the January to March period (4Q) is expected to grow 25.5% from the same period last year, reaching 0.75 billion yen.
In the most recent three-month period, from October to December (3Q), the ordinary profit increased 74.3% from the same period last year, reaching 0.33 billion yen. The operating profit margin improved from 6.1% in the same period last year to 8.3%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Dec, 2023 | 8,753 | 262 | 288 | 193 | 27.2 | 36.0 | Feb 6, 2024 | J-GAAP |
| Apr - Dec, 2024 | 9,690 | 471 | 494 | 297 | 41.8 | 45.0 | Feb 6, 2025 | J-GAAP |
| Apr - Dec, 2025 | 10,443 | 424 | 323 | 215 | 30.4 | 29.9 | Feb 5, 2026 | J-GAAP |
| YoY | +7.8% | -10.0% | -34.6% | -27.6% | -27.4% |
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 | 7,859 | 808 | 794 | 583 | 82.1 | 15 | May 9, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 8,010 | 1,112 | 1,090 | 833 | 117.1 | 15 | Nov 10, 2025 | J-GAAP |
| YoY | +1.9% | +37.6% | +37.3% | +42.9% | +42.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 12,995 | 784 | 800 | 584 | 82.1 | 12.50 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 14,112 | 1,069 | 1,097 | 780 | 109.8 | 15 | May 9, 2025 | J-GAAP |
| Mar, 2026 Guidance | 14,400 | 1,200 | 1,080 | 820 | 115.3 | 15 | May 9, 2025 | J-GAAP |
| YoY | +2.0% | +12.3% | -1.5% | +5.1% | +5.0% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 3,437 | 210 | 191 | 100 | 14.1 | 6.1 | Feb 6, 2025 | J-GAAP |
| Jan - Mar, 2025 | 4,422 | 598 | 603 | 483 | 68.0 | 13.5 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 2,940 | 7 | 24 | 13 | 1.9 | 0.2 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 3,450 | 81 | -34 | -26 | -3.9 | 2.3 | Nov 11, 2025 | J-GAAP |
| Oct - Dec, 2025 | 4,053 | 336 | 333 | 228 | 32.2 | 8.3 | Feb 5, 2026 | J-GAAP |
| YoY | +17.9% | +60.0% | +74.3% | +128.0% | +128.8% |
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