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OTANI KOGYO, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 30%, Exceeds Full-Year Plan
5939 OTANI KOGYO CO.,LTD. 【J-GAAP】
Earnings ReportOTANI KOGYO CO.,LTD. <5939> [TSE Std] announced its financial results after the market closed on February 10th (15:30). The ordinary profit (non-consolidated) for the cumulative third quarter of the fiscal year ending March 2026 (April to December) dropped 30.5% from the same period last year to 324 million yen. Progress toward the full-year plan of 240 million yen is 135.0%, already exceeding the target and also exceeding the five-year average of 85.5%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit/loss for the January to March period (4Q) is expected to turn into a loss of 84 million yen (compared to a profit of 11 million yen in the same period last year). However, if the fourth-quarter performance remains at the same level as the first three quarters, the full-year plan may be increased.
In the most recent three-month period, from October to December (3Q), the ordinary profit decreased to 143 million yen, a 12.8% decrease compared to the same period last year. However, the operating profit margin remained almost flat, changing from 8.1% in the same period last year to 8.1%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Dec, 2023 | 5,977 | 335 | 341 | 256 | 329.2 | 80.0 | Feb 13, 2024 | J-GAAP |
| Apr - Dec, 2024 | 5,980 | 462 | 466 | 335 | 430.7 | 97.7 | Feb 12, 2025 | J-GAAP |
| Apr - Dec, 2025 | 5,740 | 337 | 324 | 237 | 305.1 | 135.0 | Feb 10, 2026 | J-GAAP |
| YoY | -4.0% | -27.1% | -30.5% | -29.3% | -29.1% |
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 | 3,921 | 173 | 175 | 158 | 202.9 | 30 | May 13, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 3,954 | 94 | 59 | 45 | 57.8 | 30 | Nov 11, 2025 | J-GAAP |
| YoY | +0.8% | -45.7% | -66.3% | -71.5% | -71.5% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 7,911 | 420 | 426 | 334 | 429.4 | 30 | May 14, 2024 | J-GAAP |
| Mar, 2025 | 7,899 | 473 | 477 | 369 | 473.8 | 30 | May 13, 2025 | J-GAAP |
| Mar, 2026 Guidance | 7,830 | 280 | 240 | 170 | 218.2 | 30 | May 13, 2025 | J-GAAP |
| YoY | -0.9% | -40.8% | -49.7% | -53.9% | -53.9% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 2,002 | 162 | 164 | 124 | 159.4 | 8.1 | Feb 12, 2025 | J-GAAP |
| Jan - Mar, 2025 | 1,919 | 11 | 11 | 34 | 43.7 | 0.6 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 2,007 | 109 | 111 | 84 | 108.9 | 5.4 | Aug 12, 2025 | J-GAAP |
| Jul - Sep, 2025 | 1,869 | 77 | 70 | 41 | 52.7 | 4.1 | Nov 11, 2025 | J-GAAP |
| Oct - Dec, 2025 | 1,864 | 151 | 143 | 112 | 144.2 | 8.1 | Feb 10, 2026 | J-GAAP |
| YoY | -6.9% | -6.8% | -12.8% | -9.7% | -9.5% |
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