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Alpen, First Half Ordinary Profit Decreases by 21%, Oct-Dec Ordinary Profit Decreases by 20%
3028 Alpen Co.,Ltd. 【J-GAAP】
Earnings ReportAlpen Co.,Ltd. <3028> [TSE Prime] 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) decreased 21.1% from the same period last year to 4.49 billion yen. Progress toward the full-year plan of 10.5 billion yen was 42.8%, also falling below the five-year average of 62.6%.
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 grow 26.1% from the same period last year, reaching 6.00 billion yen.
In the most recent three-month period, from October to December (2Q), the consolidated ordinary profit decreased to 3.52 billion yen, a 20.3% decrease compared to the same period last year. The operating profit margin worsened from 6.0% in the same period last year to 4.3%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Dec, 2023 | 122,401 | 1,502 | 2,321 | 945 | 24.5 | 43.7 | Feb 7, 2024 | J-GAAP |
| Jul - Dec, 2024 | 130,402 | 4,855 | 5,703 | 3,695 | 95.9 | 54.5 | Feb 6, 2025 | J-GAAP |
| Jul - Dec, 2025 | 137,155 | 3,733 | 4,498 | 2,756 | 71.7 | 42.8 | Feb 6, 2026 | J-GAAP |
| YoY | +5.2% | -23.1% | -21.1% | -25.4% | -25.3% |
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 | 137,300 | 4,230 | 4,910 | 3,170 | 82.2 | 25 | Aug 7, 2025 | J-GAAP |
| Jul - Dec, 2025 Results | 137,155 | 3,733 | 4,498 | 2,756 | 71.7 | 25 | Feb 6, 2026 | J-GAAP |
| Revision Rate | -0.1% | -11.7% | -8.4% | -13.1% | -12.8% |
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 | 138,253 | 3,661 | 4,761 | 1,878 | 48.7 | 25 | Aug 7, 2025 | J-GAAP |
| Jan - Jun, 2026 Guidance | 144,845 | 5,267 | 6,002 | 2,834 | 78.2 | 25 | Feb 6, 2026 | J-GAAP |
| YoY | +4.8% | +43.9% | +26.1% | +50.9% | +60.5% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jun, 2024 | 252,936 | 3,330 | 5,307 | 1,733 | 45.0 | 50 | Aug 8, 2024 | J-GAAP |
| Jun, 2025 | 268,655 | 8,516 | 10,464 | 5,573 | 144.6 | 50 | Aug 7, 2025 | J-GAAP |
| Jun, 2026 Guidance | 282,000 | 9,000 | 10,500 | 5,590 | 154.3 | 50 | Aug 7, 2025 | J-GAAP |
| YoY | +5.0% | +5.7% | +0.3% | +0.3% | +6.7% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 68,040 | 4,061 | 4,424 | 2,891 | 75.0 | 6.0 | Feb 6, 2025 | J-GAAP |
| Jan - Mar, 2025 | 65,628 | 1,033 | 1,528 | 804 | 20.9 | 1.6 | May 8, 2025 | J-GAAP |
| Apr - Jun, 2025 | 72,625 | 2,628 | 3,233 | 1,074 | 27.9 | 3.6 | Aug 7, 2025 | J-GAAP |
| Jul - Sep, 2025 | 65,424 | 616 | 972 | 606 | 15.7 | 0.9 | Nov 6, 2025 | J-GAAP |
| Oct - Dec, 2025 | 71,731 | 3,117 | 3,526 | 2,150 | 55.9 | 4.3 | Feb 6, 2026 | J-GAAP |
| YoY | +5.4% | -23.2% | -20.3% | -25.6% | -25.5% |
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