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Ligua, Net Income Forecast for the Fiscal Year Revised Downward to a loss of 186 Million Yen

Tue Feb 10, 2026 3:30 pm JST Earnings

7090 Ligua Inc. 【J-GAAP】

Earnings Report

Ligua Inc. <7090> [TSE Growth] announced its financial results after the market closed on February 10th (15:30). The consolidated net loss for the cumulative third quarter of the fiscal year ending March 2026 (April to December) expanded to a loss of 203 million yen (compared to a loss of 137 million yen in the same period last year).

In addition, the full-year forecast for consolidated net loss has been revised downward from the previous range of 147 million to 178 million yen to a new 186 million yen.

Based on the cumulative third-quarter performance announced by the company and the full-year plan, our calculation indicates that the consolidated net income/loss for the January to March period (4Q) is expected to turn into a profit of 17 million yen (compared to a loss of 164 million yen in the same period last year).

In the most recent three-month period, from October to December (3Q), the consolidated net loss expanded to a loss of 152 million yen (compared to a loss of 56 million yen in the same period last year). The operating profit/loss margin drastically worsened from -4.4% in the same period last year to -30.3%.

Note: If the earnings forecast is disclosed as a range, the article is based on the midpoint of that range.

Kabutan News

Actual Results

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Dec, 2023 2,615 111 85 75 52.3 91.4 Feb 6, 2024 J-GAAP
Apr - Dec, 2024 2,223 -74 -99 -137 -92.2 ー Feb 7, 2025 J-GAAP
Apr - Dec, 2025 1,740 -171 -201 -203 -136.7 ー Feb 10, 2026 J-GAAP
YoY -21.7% -131.1% -103.0% -48.2% -48.2%

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 1,097 -92 -106 -111 -69.8 0 Nov 13, 2025 J-GAAP
Oct - Mar, 2025 New 1,159 -106 -122 -135 -84.9 0 Feb 10, 2026 J-GAAP
Revision Rate +5.7% -15.2% -15.1% -21.6% -21.6%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 2,388 -127 -164 -162 -101.8 0 Nov 13, 2025 J-GAAP
Mar, 2026 New 2,450 -141 -180 -186 -116.9 0 Feb 10, 2026 J-GAAP
Revision Rate +2.6% -11.0% -9.8% -14.8% -14.8%

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 1,358 -111 -125 -220 -148.0 0 May 13, 2025 J-GAAP
Oct - Mar, 2025 Guidance 1,159 -106 -122 -135 -84.9 0 Feb 10, 2026 J-GAAP
YoY -14.7% +4.5% +2.4% +38.6% +42.7%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 3,430 118 93 104 71.9 0 May 9, 2024 J-GAAP
Mar, 2025 2,872 -154 -186 -301 -202.5 0 May 13, 2025 J-GAAP
Mar, 2026 Guidance 2,450 -141 -180 -186 -116.9 0 Feb 10, 2026 J-GAAP
YoY -14.7% +8.4% +3.2% +38.2% +42.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2024 709 -31 -38 -56 -37.7 -4.4 Feb 7, 2025 J-GAAP
Jan - Mar, 2025 649 -80 -87 -164 -110.3 -12.3 May 13, 2025 J-GAAP
Apr - Jun, 2025 667 -10 -26 -65 -43.9 -1.5 Aug 7, 2025 J-GAAP
Jul - Sep, 2025 624 -25 -32 14 9.4 -4.0 Nov 13, 2025 J-GAAP
Oct - Dec, 2025 449 -136 -143 -152 -102.3 -30.3 Feb 10, 2026 J-GAAP
YoY -36.7% -338.7% -276.3% -171.4% -171.4%

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