kabutan

EF-ON, Ordinary Profit Forecast for the Fiscal Year Revised Downward to an Unexpected 18% Decrease

Mon Feb 9, 2026 3:40 pm JST Earnings

9514 EF-ON INC. 【J-GAAP】

Earnings Report

EF-ON INC. <9514> [TSE Std] announced its financial results after the market closed on February 9th (15:40). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending June 2026 (July to December) dropped 35.6% from the same period last year to 0.32 billion yen, resulting in a decrease in profits compared to the previous forecast of a 57.2% increase.

In addition, the full-year forecast for consolidated ordinary profit has decreased 43.8%, from the previous forecast of 1.60 billion yen to 0.90 billion yen (compared to 1.10 billion yen in the previous period). This changes the outlook from an anticipated profit increase to a projection of an 18.4% decrease in profit.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the January to June period (second half) is expected to decrease 3.7% from the same period last year to 0.57 billion yen.

In the most recent three-month period, from October to December (2Q), the consolidated ordinary profit decreased to 0.19 billion yen, a 6.6% decrease compared to the same period last year. However, the operating profit margin improved from 6.0% in the same period last year to 6.6%.

Kabutan News

Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Jul - Dec, 2023 8,882 464 322 295 13.8 93.1 Feb 14, 2024 J-GAAP
Jul - Dec, 2024 8,788 604 509 399 18.8 46.1 Feb 12, 2025 J-GAAP
Jul - Dec, 2025 9,777 583 328 268 12.7 36.4 Feb 9, 2026 J-GAAP
YoY +11.3% -3.5% -35.6% -32.8% -32.4%

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 9,700 880 800 540 25.5 0 Aug 7, 2025 J-GAAP
Jul - Dec, 2025 Results 9,777 583 328 268 12.7 0 Feb 9, 2026 J-GAAP
Revision Rate +0.8% -33.8% -59.0% -50.4% -50.3%

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jun, 2026 Prev 19,500 1,760 1,600 1,070 50.6 8 Aug 7, 2025 J-GAAP
Jun, 2026 New 19,500 1,400 900 630 29.8 8 Feb 9, 2026 J-GAAP
Revision Rate 0.0% -20.5% -43.8% -41.1% -41.1%

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 8,811 716 594 307 14.5 8 Aug 7, 2025 J-GAAP
Jan - Jun, 2026 Guidance 9,723 817 572 362 17.1 8 Feb 9, 2026 J-GAAP
YoY +10.4% +14.1% -3.7% +17.9% +18.3%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jun, 2024 17,473 600 346 281 13.1 8 Aug 8, 2024 J-GAAP
Jun, 2025 17,599 1,320 1,103 706 33.3 8 Aug 7, 2025 J-GAAP
Jun, 2026 Guidance 19,500 1,400 900 630 29.8 8 Feb 9, 2026 J-GAAP
YoY +10.8% +6.1% -18.4% -10.8% -10.5%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2024 4,340 261 213 162 7.6 6.0 Feb 12, 2025 J-GAAP
Jan - Mar, 2025 4,141 298 208 137 6.5 7.2 May 8, 2025 J-GAAP
Apr - Jun, 2025 4,670 418 386 170 8.0 9.0 Aug 7, 2025 J-GAAP
Jul - Sep, 2025 4,923 265 129 106 5.0 5.4 Nov 6, 2025 J-GAAP
Oct - Dec, 2025 4,854 318 199 162 7.7 6.6 Feb 9, 2026 J-GAAP
YoY +11.8% +21.8% -6.6% 0.0% +0.7%

Related Articles