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APPLE INTERNATIONAL, Ordinary Profit Forecast for Last Fiscal Year Revised Downward by 20%
2788 APPLE INTERNATIONAL CO.,LTD. 【J-GAAP】
Guidance Update ReportAPPLE INTERNATIONAL CO.,LTD. <2788> [TSE Std] announced a performance revision after the market closed on February 10th (15:30). The consolidated ordinary profit forecast for the fiscal year ending December 2025 has decreased 20.1%, from the previous forecast of 0.69 billion yen to 0.55 billion yen (compared to 1.53 billion yen in the previous period), leading to an increase in the profit decline rate from 54.5% to 63.6%. However, the full-year forecast for consolidated net income has been revised upward 53.1%, from the previous forecast of 0.51 billion yen to 0.78 billion yen (compared to 1.19 billion yen in the previous period), and the declining rate is expected to decrease from 57.1% to 34.3%.
Based on the downwardly revised full-year plan announced by the company, our calculation indicates that the July to December period (second half) consolidated ordinary profit has decreased 28.3%, from the previous forecast of 0.49 billion yen to 0.35 billion yen (compared to 0.61 billion yen in the same period of the previous year), leading to an increase in the profit decline rate from 19.5% to 42.3%.
Kabutan News
Guidance Update
Second Half Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Dec, 2025 Prev | 19,576 | 390 | 494 | 409 | 31.9 | 10 | Nov 13, 2025 | J-GAAP |
| Jul - Dec, 2025 New | 22,126 | 292 | 354 | 682 | 53.2 | 10 | Feb 10, 2026 | J-GAAP |
| Revision Rate | +13.0% | -25.1% | -28.3% | +66.7% | +66.9% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2025 Prev | 38,259 | 666 | 698 | 514 | 40.0 | 10 | Nov 13, 2025 | J-GAAP |
| Dec, 2025 New | 40,809 | 568 | 558 | 787 | 61.4 | 10 | Feb 10, 2026 | J-GAAP |
| Revision Rate | +6.7% | -14.7% | -20.1% | +53.1% | +53.3% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Dec, 2024 | 20,648 | 552 | 614 | 522 | 40.7 | 15 | Feb 14, 2025 | J-GAAP |
| Jul - Dec, 2025 Guidance | 22,126 | 292 | 354 | 682 | 53.2 | 10 | Feb 10, 2026 | J-GAAP |
| YoY | +7.2% | -47.1% | -42.3% | +30.7% | +30.7% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2023 | 30,911 | 1,098 | 1,271 | 1,007 | 78.2 | 15 | Feb 16, 2024 | J-GAAP |
| Dec, 2024 | 43,795 | 1,374 | 1,535 | 1,198 | 93.3 | 15 | Feb 14, 2025 | J-GAAP |
| Dec, 2025 Guidance | 40,809 | 568 | 558 | 787 | 61.4 | 10 | Feb 10, 2026 | J-GAAP |
| YoY | -6.8% | -58.7% | -63.6% | -34.3% | -34.3% |
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