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AZ-COM MARUWA , Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 12%
9090 AZ-COM MARUWA Holdings Inc. 【J-GAAP】
Earnings ReportAZ-COM MARUWA Holdings Inc. <9090> [TSE Prime] announced its financial results after the market closed on February 5th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) increased 11.7% from the same period last year, reaching 10.4 billion yen. Progress toward the full-year plan of 12.0 billion yen was 87.5%, also surpassing the five-year average of 80.7%.
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 drop 33.0% from the same period last year to 1.50 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 4.22 billion yen, an 11.8% decrease compared to the same period last year. The operating profit margin worsened from 8.2% in the same period last year to 6.6%.
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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 | 150,128 | 11,573 | 12,066 | 7,436 | 58.7 | 83.2 | Feb 5, 2024 | J-GAAP |
| Apr - Dec, 2024 | 157,644 | 8,941 | 9,399 | 5,956 | 44.2 | 80.7 | Feb 5, 2025 | J-GAAP |
| Apr - Dec, 2025 | 174,918 | 10,131 | 10,495 | 6,570 | 48.8 | 87.5 | Feb 5, 2026 | J-GAAP |
| YoY | +11.0% | +13.3% | +11.7% | +10.3% | +10.4% |
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 | 106,930 | 6,643 | 7,036 | 4,439 | 33.0 | 16 | May 12, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 106,946 | 5,832 | 5,731 | 3,309 | 24.6 | 16 | Nov 5, 2025 | J-GAAP |
| YoY | +0.0% | -12.2% | -18.5% | -25.5% | -25.4% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 198,554 | 13,845 | 14,498 | 9,119 | 70.9 | 30 | May 13, 2024 | J-GAAP |
| Mar, 2025 | 208,370 | 10,969 | 11,645 | 7,284 | 54.1 | 32 | May 12, 2025 | J-GAAP |
| Mar, 2026 Guidance | 220,000 | 11,900 | 12,000 | 7,300 | 54.2 | 32 | May 12, 2025 | J-GAAP |
| YoY | +5.6% | +8.5% | +3.0% | +0.2% | +0.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 56,204 | 4,615 | 4,790 | 3,111 | 23.1 | 8.2 | Feb 5, 2025 | J-GAAP |
| Jan - Mar, 2025 | 50,726 | 2,028 | 2,246 | 1,328 | 9.9 | 4.0 | May 12, 2025 | J-GAAP |
| Apr - Jun, 2025 | 55,246 | 3,076 | 3,259 | 2,003 | 14.9 | 5.6 | Aug 5, 2025 | J-GAAP |
| Jul - Sep, 2025 | 57,808 | 2,992 | 3,010 | 1,988 | 14.8 | 5.2 | Nov 5, 2025 | J-GAAP |
| Oct - Dec, 2025 | 61,864 | 4,063 | 4,226 | 2,579 | 19.2 | 6.6 | Feb 5, 2026 | J-GAAP |
| YoY | +10.1% | -12.0% | -11.8% | -17.1% | -17.1% |
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