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KUWAZAWA Holdings, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 24%, Oct-Dec Ordinary Profit Decreases by 40%
8104 KUWAZAWA Holdings Corporation 【J-GAAP】
Earnings ReportKUWAZAWA Holdings Corporation <8104> [TSE Std] announced its financial results after the market closed on February 6th (16:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) decreased 24.2% from the same period last year to 1.06 billion yen. Progress toward the full-year plan of 1.40 billion yen was 76.3%, below the five-year average of 86.9%.
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 expand 31.7% from the same period last year, reaching 0.33 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit dropped to 0.35 billion yen, a 39.9% decrease compared to the same period last year. The operating profit margin worsened from 2.9% in the same period last year to 1.4%.
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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 | 50,139 | 1,064 | 1,228 | 722 | 48.1 | 81.4 | Feb 9, 2024 | J-GAAP |
| Apr - Dec, 2024 | 50,458 | 1,235 | 1,409 | 888 | 59.0 | 84.8 | Feb 7, 2025 | J-GAAP |
| Apr - Dec, 2025 | 49,079 | 757 | 1,068 | 649 | 43.4 | 76.3 | Feb 6, 2026 | J-GAAP |
| YoY | -2.7% | -38.7% | -24.2% | -26.9% | -26.5% |
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 | 33,715 | 779 | 838 | 240 | 16.0 | 18 | May 15, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 33,600 | 734 | 684 | 483 | 32.2 | 18 | Nov 10, 2025 | J-GAAP |
| YoY | -0.3% | -5.8% | -18.4% | +101.3% | +101.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 64,832 | 1,303 | 1,508 | 741 | 49.3 | 15 | May 15, 2024 | J-GAAP |
| Mar, 2025 | 65,406 | 1,464 | 1,661 | 747 | 49.7 | 18 | May 15, 2025 | J-GAAP |
| Mar, 2026 Guidance | 65,000 | 1,250 | 1,400 | 900 | 60.1 | 18 | May 15, 2025 | J-GAAP |
| YoY | -0.6% | -14.6% | -15.7% | +20.5% | +20.8% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 18,767 | 550 | 586 | 381 | 25.3 | 2.9 | Feb 7, 2025 | J-GAAP |
| Jan - Mar, 2025 | 14,948 | 229 | 252 | -141 | -9.4 | 1.5 | May 15, 2025 | J-GAAP |
| Apr - Jun, 2025 | 14,496 | 63 | 176 | 85 | 5.7 | 0.4 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 16,904 | 453 | 540 | 332 | 22.2 | 2.7 | Nov 10, 2025 | J-GAAP |
| Oct - Dec, 2025 | 17,679 | 241 | 352 | 232 | 15.5 | 1.4 | Feb 6, 2026 | J-GAAP |
| YoY | -5.8% | -56.2% | -39.9% | -39.1% | -38.7% |
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