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ASAHI PRINTING, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 11%
3951 ASAHI PRINTING CO.,LTD. 【J-GAAP】
Earnings ReportASAHI PRINTING CO.,LTD. <3951> [TSE Std] announced its financial results in the afternoon session on February 9th (14:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) decreased 10.9% from the same period last year to 1.48 billion yen. Progress toward the full-year plan of 2.26 billion yen was 65.6%, also falling below the five-year average of 78.5%.
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 55.4% from the same period last year, reaching 0.77 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit amounted to 0.28 billion yen, an increase of 2.5% compared to the same period last year. However, the operating profit margin worsened from 2.8% in the same period last year to 2.2%.
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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 | 31,309 | 1,581 | 1,708 | 1,169 | 54.0 | 73.5 | Feb 13, 2024 | J-GAAP |
| Apr - Dec, 2024 | 32,466 | 1,589 | 1,665 | 1,247 | 58.7 | 76.9 | Feb 10, 2025 | J-GAAP |
| Apr - Dec, 2025 | 32,765 | 1,185 | 1,483 | 958 | 45.4 | 65.6 | Feb 9, 2026 | J-GAAP |
| YoY | +0.9% | -25.4% | -10.9% | -23.2% | -22.8% |
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 | 22,289 | 791 | 775 | 629 | 29.6 | 20 | May 12, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 22,489 | 1,290 | 1,059 | 1,052 | 50.9 | 20 | Nov 11, 2025 | J-GAAP |
| YoY | +0.9% | +63.1% | +36.6% | +67.2% | +71.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 41,871 | 2,030 | 2,323 | 1,627 | 75.3 | 35 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 43,945 | 2,076 | 2,165 | 1,704 | 80.2 | 38 | May 12, 2025 | J-GAAP |
| Mar, 2026 Guidance | 45,000 | 2,250 | 2,260 | 1,800 | 87.1 | 38 | May 12, 2025 | J-GAAP |
| YoY | +2.4% | +8.4% | +4.4% | +5.6% | +8.5% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 10,810 | 304 | 275 | 172 | 8.1 | 2.8 | Feb 10, 2025 | J-GAAP |
| Jan - Mar, 2025 | 11,479 | 487 | 500 | 457 | 21.5 | 4.2 | May 12, 2025 | J-GAAP |
| Apr - Jun, 2025 | 11,260 | 499 | 707 | 442 | 20.8 | 4.4 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 11,251 | 461 | 494 | 306 | 14.4 | 4.1 | Nov 11, 2025 | J-GAAP |
| Oct - Dec, 2025 | 10,254 | 225 | 282 | 210 | 9.9 | 2.2 | Feb 9, 2026 | J-GAAP |
| YoY | -5.1% | -26.0% | +2.5% | +22.1% | +22.7% |
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