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ASAHIPEN, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 23%, Oct-Dec Ordinary Profit Decreases by 8%
4623 ASAHIPEN CORPORATION 【J-GAAP】
Earnings ReportASAHIPEN CORPORATION <4623> [TSE Std] announced its financial results after the market closed on February 6th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) decreased 23.1% from the same period last year to 685 million yen. However, Progress toward the full-year plan of 700 million yen was 97.9%, almost the same as the five-year average of 97.2%.
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 significant drop 71.2% from the same period last year to 15 million yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 331 million yen, an 8.3% decrease compared to the same period last year. However, the operating profit margin remained almost flat, changing from 6.8% in the same period last year to 6.8%.
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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 | 13,305 | 804 | 874 | 386 | 156.3 | 94.7 | Feb 9, 2024 | J-GAAP |
| Apr - Dec, 2024 | 13,647 | 807 | 891 | 664 | 183.7 | 94.5 | Feb 7, 2025 | J-GAAP |
| Apr - Dec, 2025 | 12,177 | 601 | 685 | 596 | 152.9 | 97.9 | Feb 6, 2026 | J-GAAP |
| YoY | -10.8% | -25.5% | -23.1% | -10.2% | -16.8% |
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 | 8,048 | 365 | 413 | 260 | 70.6 | 30 | May 14, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 7,985 | 311 | 346 | 217 | 55.5 | 30 | Nov 7, 2025 | J-GAAP |
| YoY | -0.8% | -14.8% | -16.2% | -16.5% | -21.4% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 17,106 | 844 | 923 | 380 | 106.4 | 60 | May 9, 2024 | J-GAAP |
| Mar, 2025 | 17,151 | 865 | 943 | 701 | 190.5 | 60 | May 14, 2025 | J-GAAP |
| Mar, 2026 Guidance | 16,000 | 630 | 700 | 600 | 153.5 | 60 | Oct 31, 2025 | J-GAAP |
| YoY | -6.7% | -27.2% | -25.8% | -14.4% | -19.4% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 4,544 | 307 | 361 | 223 | 61.7 | 6.8 | Feb 7, 2025 | J-GAAP |
| Jan - Mar, 2025 | 3,504 | 58 | 52 | 37 | 10.1 | 1.7 | May 14, 2025 | J-GAAP |
| Apr - Jun, 2025 | 4,255 | 234 | 264 | 227 | 58.7 | 5.5 | Aug 7, 2025 | J-GAAP |
| Jul - Sep, 2025 | 3,760 | 85 | 90 | 156 | 40.1 | 2.3 | Nov 7, 2025 | J-GAAP |
| Oct - Dec, 2025 | 4,162 | 282 | 331 | 213 | 54.7 | 6.8 | Feb 6, 2026 | J-GAAP |
| YoY | -8.4% | -8.1% | -8.3% | -4.5% | -11.4% |
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