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SHINPO, First Half Ordinary Profit Decreases by 38%

Fri Feb 6, 2026 3:30 pm JST Earnings

5903 SHINPO CO.,LTD. 【J-GAAP】

Earnings Report

SHINPO CO.,LTD. <5903> [TSE Std] announced its financial results after the market closed on February 6th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending June 2026 (July to December) dropped 38.2% from the same period last year to 389 million yen, fell short of the previous forecast of 489 million yen.

Progress toward the full-year plan of 988 million yen was 39.4%, also falling below the five-year average of 54.4%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the January to June period (second half) is expected to expand 67.3% from the same period last year, reaching 599 million yen.

In the most recent three-month period, from October to December (2Q), the consolidated ordinary profit significantly dropped to 180 million yen, a 60.6% decrease compared to the same period last year. The operating profit margin significantly dropped from 18.7% in the same period last year to 9.5%.

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Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Jul - Dec, 2023 3,767 577 584 375 66.4 57.1 Feb 2, 2024 J-GAAP
Jul - Dec, 2024 4,042 622 629 380 67.7 63.7 Feb 7, 2025 J-GAAP
Jul - Dec, 2025 3,520 384 389 252 46.0 39.4 Feb 6, 2026 J-GAAP
YoY -12.9% -38.3% -38.2% -33.7% -32.1%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jul - Dec, 2025 Guidance 3,908 485 489 327 59.5 0 Aug 1, 2025 J-GAAP
Jul - Dec, 2025 Results 3,520 384 389 252 46.0 0 Feb 6, 2026 J-GAAP
Revision Rate -9.9% -20.8% -20.4% -22.9% -22.6%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan - Jun, 2025 3,326 354 358 206 37.1 42 Aug 1, 2025 J-GAAP
Jan - Jun, 2026 Guidance 4,030 596 599 410 74.5 42 Feb 6, 2026 J-GAAP
YoY +21.2% +68.4% +67.3% +99.0% +101.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jun, 2024 7,211 1,014 1,023 661 116.8 40 Aug 2, 2024 J-GAAP
Jun, 2025 7,368 976 987 586 105.5 42 Aug 1, 2025 J-GAAP
Jun, 2026 Guidance 7,550 980 988 662 120.4 42 Aug 1, 2025 J-GAAP
YoY +2.5% +0.4% +0.1% +13.0% +14.1%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2024 2,423 452 457 283 50.4 18.7 Feb 7, 2025 J-GAAP
Jan - Mar, 2025 1,575 163 165 100 17.9 10.3 May 2, 2025 J-GAAP
Apr - Jun, 2025 1,751 191 193 106 19.1 10.9 Aug 1, 2025 J-GAAP
Jul - Sep, 2025 1,658 208 209 138 25.1 12.5 Nov 7, 2025 J-GAAP
Oct - Dec, 2025 1,862 176 180 114 20.8 9.5 Feb 6, 2026 J-GAAP
YoY -23.2% -61.1% -60.6% -59.7% -58.7%

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