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KURABO INDUSTRIES, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 5%
3106 KURABO INDUSTRIES LTD. 【J-GAAP】
Earnings ReportKURABO INDUSTRIES LTD. <3106> [TSE Prime] announced its financial results in the afternoon session on February 9th (13:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) decreased 3.2% from the same period last year to 8.18 billion yen.
However, the full-year forecast for consolidated ordinary profit has been revised upward 5.3%, from the previous forecast of 9.50 billion yen to 10.0 billion yen (compared to 11.7 billion yen in the previous period), and the declining rate is expected to decrease from 19.4% to 15.1%.
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) has been revised upward 10.7%, from the previous forecast of 4.65 billion yen to 5.15 billion yen (compared to 6.68 billion yen in the same period of the previous year), and the declining rate is expected to decrease from 30.3% to 22.8%.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit amounted to 3.34 billion yen, a 0.5% decrease compared to the same period last year. The operating profit margin worsened from 7.1% 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 | 112,974 | 6,308 | 7,431 | 4,697 | 250.4 | 72.9 | Feb 8, 2024 | J-GAAP |
| Apr - Dec, 2024 | 111,857 | 7,089 | 8,461 | 6,426 | 365.0 | 71.8 | Feb 10, 2025 | J-GAAP |
| Apr - Dec, 2025 | 105,246 | 6,380 | 8,187 | 9,970 | 600.9 | 81.9 | Feb 9, 2026 | J-GAAP |
| YoY | -5.9% | -10.0% | -3.2% | +55.2% | +64.6% |
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 | 74,755 | 4,071 | 4,657 | 4,079 | 253.3 | 141 | Nov 11, 2025 | J-GAAP |
| Oct - Mar, 2025 New | 74,755 | 4,571 | 5,157 | 5,079 | 315.5 | 141 | Feb 9, 2026 | J-GAAP |
| Revision Rate | 0.0% | +12.3% | +10.7% | +24.5% | +24.5% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 144,000 | 8,000 | 9,500 | 10,500 | 652.2 | 282 | Nov 11, 2025 | J-GAAP |
| Mar, 2026 New | 144,000 | 8,500 | 10,000 | 11,500 | 714.3 | 282 | Feb 9, 2026 | J-GAAP |
| Revision Rate | 0.0% | +6.3% | +5.3% | +9.5% | +9.5% |
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 | 78,815 | 6,070 | 6,684 | 5,589 | 320.1 | 120 | May 14, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 74,755 | 4,571 | 5,157 | 5,079 | 315.5 | 141 | Feb 9, 2026 | J-GAAP |
| YoY | -5.2% | -24.7% | -22.8% | -9.1% | -1.4% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 151,314 | 9,186 | 10,191 | 6,738 | 362.5 | 100 | May 13, 2024 | J-GAAP |
| Mar, 2025 | 150,660 | 10,311 | 11,784 | 9,014 | 516.2 | 180 | May 14, 2025 | J-GAAP |
| Mar, 2026 Guidance | 144,000 | 8,500 | 10,000 | 11,500 | 714.3 | 282 | Feb 9, 2026 | J-GAAP |
| YoY | -4.4% | -17.6% | -15.1% | +27.6% | +38.4% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 40,012 | 2,848 | 3,361 | 3,001 | 170.5 | 7.1 | Feb 10, 2025 | J-GAAP |
| Jan - Mar, 2025 | 38,803 | 3,222 | 3,323 | 2,588 | 148.2 | 8.3 | May 14, 2025 | J-GAAP |
| Apr - Jun, 2025 | 35,744 | 2,159 | 3,023 | 5,178 | 307.8 | 6.0 | Aug 7, 2025 | J-GAAP |
| Jul - Sep, 2025 | 33,501 | 1,770 | 1,820 | 1,243 | 74.4 | 5.3 | Nov 11, 2025 | J-GAAP |
| Oct - Dec, 2025 | 36,001 | 2,451 | 3,344 | 3,549 | 213.9 | 6.8 | Feb 9, 2026 | J-GAAP |
| YoY | -10.0% | -13.9% | -0.5% | +18.3% | +25.5% |
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