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EBARA Foods Industry, Ordinary Profit Forecast for the Fiscal Year Revised Upward to an Unexpected 18% Increase
2819 EBARA Foods Industry,Inc. 【J-GAAP】
Earnings ReportEBARA Foods Industry,Inc. <2819> [TSE Std] announced its financial results after the market closed on February 6th (15:45). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) increased 13.6% from the same period last year, reaching 3.20 billion yen.
In addition, the full-year forecast for consolidated ordinary profit has been revised upward 31.6%, from the previous forecast of 1.90 billion yen to 2.50 billion yen (compared to 2.11 billion yen in the previous period), turning to an 18.3% 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) is expected to increase 77.9%, from the previous forecast of 0.77 billion yen to 1.37 billion yen (compared to 0.84 billion yen in the same period of the previous year), turning to a 62.9% increase in the consolidated ordinary profit outlook.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit increased 34.0% from the same period last year, reaching 2.07 billion yen. The operating profit margin improved from 9.9% in the same period last year to 12.6%.
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 | 35,128 | 2,761 | 2,927 | 1,984 | 202.2 | 111.4 | Feb 7, 2024 | J-GAAP |
| Apr - Dec, 2024 | 38,198 | 2,648 | 2,820 | 1,918 | 196.4 | 133.5 | Feb 14, 2025 | J-GAAP |
| Apr - Dec, 2025 | 39,556 | 2,988 | 3,204 | 2,234 | 228.7 | 128.2 | Feb 6, 2026 | J-GAAP |
| YoY | +3.6% | +12.8% | +13.6% | +16.5% | +16.5% |
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 | 24,463 | 624 | 770 | 465 | 47.7 | 23 | Nov 6, 2025 | J-GAAP |
| Oct - Mar, 2025 New | 25,263 | 1,124 | 1,370 | 865 | 88.8 | 23 | Feb 6, 2026 | J-GAAP |
| Revision Rate | +3.3% | +80.1% | +77.9% | +86.0% | +86.0% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 48,800 | 1,700 | 1,900 | 1,300 | 133.5 | 45 | Nov 6, 2025 | J-GAAP |
| Mar, 2026 New | 49,600 | 2,200 | 2,500 | 1,700 | 174.6 | 45 | Feb 6, 2026 | J-GAAP |
| Revision Rate | +1.6% | +29.4% | +31.6% | +30.8% | +30.8% |
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 | 24,128 | 800 | 841 | 551 | 56.4 | 25 | May 14, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 25,263 | 1,124 | 1,370 | 865 | 88.8 | 23 | Feb 6, 2026 | J-GAAP |
| YoY | +4.7% | +40.5% | +62.9% | +57.0% | +57.4% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 45,216 | 2,400 | 2,628 | 1,802 | 183.6 | 40 | May 15, 2024 | J-GAAP |
| Mar, 2025 | 47,963 | 2,031 | 2,113 | 1,399 | 143.3 | 45 | May 14, 2025 | J-GAAP |
| Mar, 2026 Guidance | 49,600 | 2,200 | 2,500 | 1,700 | 174.6 | 45 | Feb 6, 2026 | J-GAAP |
| YoY | +3.4% | +8.3% | +18.3% | +21.5% | +21.8% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 14,363 | 1,417 | 1,548 | 1,070 | 109.6 | 9.9 | Feb 14, 2025 | J-GAAP |
| Jan - Mar, 2025 | 9,765 | -617 | -707 | -519 | -53.2 | -6.3 | May 14, 2025 | J-GAAP |
| Apr - Jun, 2025 | 12,057 | 680 | 695 | 163 | 16.7 | 5.6 | Aug 7, 2025 | J-GAAP |
| Jul - Sep, 2025 | 12,280 | 396 | 435 | 672 | 68.8 | 3.2 | Nov 6, 2025 | J-GAAP |
| Oct - Dec, 2025 | 15,219 | 1,912 | 2,074 | 1,399 | 143.2 | 12.6 | Feb 6, 2026 | J-GAAP |
| YoY | +6.0% | +34.9% | +34.0% | +30.7% | +30.8% |
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