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BML, Ordinary Profit Forecast for the Fiscal Year Revised Upward to an Unexpected 5% Increase
4694 BML, INC. 【J-GAAP】
Earnings ReportBML, INC. <4694> [TSE Prime] announced its financial results in the afternoon session on February 6th (14:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) increased 14.0% from the same period last year, reaching 9.62 billion yen.
In addition, the full-year forecast for consolidated ordinary profit has been revised upward 9.4%, from the previous forecast of 9.60 billion yen to 10.5 billion yen (compared to 9.97 billion yen in the previous period), turning to a 5.3% 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 25.8%, from the previous forecast of 3.48 billion yen to 4.38 billion yen (compared to 4.61 billion yen in the same period of the previous year), and the declining rate is expected to decrease from 24.5% to 5.0%.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 13.8% from the same period last year, reaching 3.51 billion yen. The operating profit margin improved from 8.0% in the same period last year to 8.5%.
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 | 105,215 | 7,737 | 8,097 | 5,210 | 133.7 | 84.3 | Feb 9, 2024 | J-GAAP |
| Apr - Dec, 2024 | 108,579 | 8,142 | 8,444 | 5,260 | 134.9 | 84.7 | Feb 7, 2025 | J-GAAP |
| Apr - Dec, 2025 | 114,475 | 9,200 | 9,628 | 6,557 | 171.5 | 91.7 | Feb 6, 2026 | J-GAAP |
| YoY | +5.4% | +13.0% | +14.0% | +24.7% | +27.1% |
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 | 72,372 | 3,085 | 3,482 | 1,781 | 47.5 | 60 | Nov 7, 2025 | J-GAAP |
| Oct - Mar, 2025 New | 73,372 | 4,085 | 4,382 | 2,781 | 74.2 | 60 | Feb 6, 2026 | J-GAAP |
| Revision Rate | +1.4% | +32.4% | +25.8% | +56.1% | +56.2% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 148,000 | 9,000 | 9,600 | 6,000 | 160.1 | 120 | May 9, 2025 | J-GAAP |
| Mar, 2026 New | 149,000 | 10,000 | 10,500 | 7,000 | 186.8 | 120 | Feb 6, 2026 | J-GAAP |
| Revision Rate | +0.7% | +11.1% | +9.4% | +16.7% | +16.7% |
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 | 71,818 | 4,194 | 4,611 | 2,837 | 72.8 | 70 | May 9, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 73,372 | 4,085 | 4,382 | 2,781 | 74.2 | 60 | Feb 6, 2026 | J-GAAP |
| YoY | +2.2% | -2.6% | -5.0% | -2.0% | +2.0% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 137,964 | 9,167 | 9,605 | 6,034 | 154.8 | 80 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 143,191 | 9,364 | 9,970 | 6,263 | 160.6 | 120 | May 9, 2025 | J-GAAP |
| Mar, 2026 Guidance | 149,000 | 10,000 | 10,500 | 7,000 | 186.8 | 120 | Feb 6, 2026 | J-GAAP |
| YoY | +4.1% | +6.8% | +5.3% | +11.8% | +16.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 37,206 | 2,972 | 3,085 | 1,834 | 47.0 | 8.0 | Feb 7, 2025 | J-GAAP |
| Jan - Mar, 2025 | 34,612 | 1,222 | 1,526 | 1,003 | 25.7 | 3.5 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 38,026 | 2,804 | 2,904 | 1,862 | 47.8 | 7.4 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 37,602 | 3,111 | 3,214 | 2,357 | 61.1 | 8.3 | Nov 7, 2025 | J-GAAP |
| Oct - Dec, 2025 | 38,847 | 3,285 | 3,510 | 2,338 | 61.1 | 8.5 | Feb 6, 2026 | J-GAAP |
| YoY | +4.4% | +10.5% | +13.8% | +27.5% | +30.0% |
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