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ESPEC CORP, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 12%
6859 ESPEC CORP. 【J-GAAP】
Earnings ReportESPEC CORP. <6859> [TSE Prime] announced its financial results in the afternoon session on February 12th (15:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) decreased 12.3% from the same period last year to 4.57 billion yen. Progress toward the full-year plan of 7.75 billion yen was 59.0%, almost the same as the five-year average of 60.2%.
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 grow 23.2% from the same period last year, reaching 3.17 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit amounted to 1.86 billion yen, an increase of 2.9% compared to the same period last year. However, the operating profit margin decreased from 10.2% in the same period last year to 10.0%.
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 | 42,189 | 4,211 | 4,447 | 3,085 | 141.3 | 64.3 | Feb 13, 2024 | J-GAAP |
| Apr - Dec, 2024 | 46,297 | 4,917 | 5,213 | 3,845 | 176.1 | 66.9 | Feb 13, 2025 | J-GAAP |
| Apr - Dec, 2025 | 47,101 | 4,282 | 4,571 | 3,321 | 152.1 | 59.0 | Feb 12, 2026 | J-GAAP |
| YoY | +1.7% | -12.9% | -12.3% | -13.6% | -13.6% |
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 | 36,824 | 4,230 | 4,395 | 3,551 | 162.7 | 60 | May 15, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 37,678 | 4,993 | 5,046 | 3,888 | 180.5 | 70 | Nov 13, 2025 | J-GAAP |
| YoY | +2.3% | +18.0% | +14.8% | +9.5% | +11.0% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 62,126 | 6,585 | 6,919 | 4,969 | 227.6 | 75 | May 15, 2024 | J-GAAP |
| Mar, 2025 | 67,288 | 7,526 | 7,793 | 6,003 | 275.0 | 95 | May 15, 2025 | J-GAAP |
| Mar, 2026 Guidance | 68,000 | 7,600 | 7,750 | 5,800 | 269.3 | 115 | Nov 13, 2025 | J-GAAP |
| YoY | +1.1% | +1.0% | -0.6% | -3.4% | -2.1% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 15,833 | 1,621 | 1,815 | 1,393 | 63.8 | 10.2 | Feb 13, 2025 | J-GAAP |
| Jan - Mar, 2025 | 20,991 | 2,609 | 2,580 | 2,158 | 98.9 | 12.4 | May 15, 2025 | J-GAAP |
| Apr - Jun, 2025 | 12,323 | 335 | 344 | 107 | 4.9 | 2.7 | Aug 7, 2025 | J-GAAP |
| Jul - Sep, 2025 | 17,999 | 2,272 | 2,360 | 1,805 | 82.6 | 12.6 | Nov 13, 2025 | J-GAAP |
| Oct - Dec, 2025 | 16,779 | 1,675 | 1,867 | 1,409 | 64.5 | 10.0 | Feb 12, 2026 | J-GAAP |
| YoY | +6.0% | +3.3% | +2.9% | +1.1% | +1.1% |
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