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Shinki Bus, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 51%, Oct-Dec Ordinary Profit Increases by 15%
9083 Shinki Bus Co.,Ltd. 【J-GAAP】
Earnings ReportShinki Bus Co.,Ltd. <9083> [TSE Std] announced its financial results in the afternoon session on February 6th (15:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) expanded 2.21 billion yen, an increase 51.3% compared to the same period last year. Progress toward the full-year plan of 4.09 billion yen was 54.1%, exceeding the five-year average of 24.8%.
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 decrease 17.2% from the same period last year to 1.87 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 14.7% from the same period last year, reaching 0.89 billion yen. The operating profit margin remained almost flat, changing from 5.6% in the same period last year to 5.9%.
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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 | 34,948 | 758 | 764 | 355 | 29.5 | 23.3 | Feb 9, 2024 | J-GAAP |
| Apr - Dec, 2024 | 37,757 | 1,356 | 1,462 | 925 | 76.8 | 39.2 | Feb 6, 2025 | J-GAAP |
| Apr - Dec, 2025 | 40,403 | 2,088 | 2,212 | 1,519 | 125.9 | 54.1 | Feb 6, 2026 | J-GAAP |
| YoY | +7.0% | +54.0% | +51.3% | +64.2% | +64.0% |
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 | 28,599 | 2,871 | 3,048 | 2,051 | 170.1 | 15 | May 9, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 29,342 | 2,661 | 2,774 | 1,816 | 150.4 | 20 | Nov 6, 2025 | J-GAAP |
| YoY | +2.6% | -7.3% | -9.0% | -11.5% | -11.6% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 49,480 | 3,145 | 3,283 | 2,251 | 186.9 | 20 | May 14, 2024 | J-GAAP |
| Mar, 2025 | 52,954 | 3,474 | 3,729 | 2,471 | 205.0 | 30 | May 9, 2025 | J-GAAP |
| Mar, 2026 Guidance | 55,700 | 3,920 | 4,090 | 2,710 | 224.4 | 40 | Nov 6, 2025 | J-GAAP |
| YoY | +5.2% | +12.8% | +9.7% | +9.7% | +9.5% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 13,402 | 753 | 781 | 505 | 41.9 | 5.6 | Feb 6, 2025 | J-GAAP |
| Jan - Mar, 2025 | 15,197 | 2,118 | 2,267 | 1,546 | 128.2 | 13.9 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 13,160 | 667 | 713 | 491 | 40.7 | 5.1 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 13,198 | 592 | 603 | 403 | 33.4 | 4.5 | Nov 6, 2025 | J-GAAP |
| Oct - Dec, 2025 | 14,045 | 829 | 896 | 625 | 51.8 | 5.9 | Feb 6, 2026 | J-GAAP |
| YoY | +4.8% | +10.1% | +14.7% | +23.8% | +23.6% |
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