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MATSUOKA, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 4%, Oct-Dec Ordinary Profit Decreases by 26%
3611 MATSUOKA CORPORATION 【J-GAAP】
Earnings ReportMATSUOKA CORPORATION <3611> [TSE Std] announced its financial results after the market closed on February 12th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) increased 4.4% from the same period last year, reaching 3.79 billion yen. Progress toward the full-year plan of 4.70 billion yen was 80.7%, also surpassing the five-year average of 75.9%.
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 expand 60.4% from the same period last year, reaching 0.90 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 1.25 billion yen, a 25.6% decrease compared to the same period last year. The operating profit margin worsened from 3.6% in the same period last year to 2.0%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Dec, 2023 | 44,817 | 895 | 3,204 | 1,916 | 191.9 | 71.3 | Feb 8, 2024 | J-GAAP |
| Apr - Dec, 2024 | 52,844 | 687 | 3,634 | 2,099 | 210.1 | 86.5 | Feb 13, 2025 | J-GAAP |
| Apr - Dec, 2025 | 54,286 | 1,363 | 3,794 | 2,030 | 194.4 | 80.7 | Feb 12, 2026 | J-GAAP |
| YoY | +2.7% | +98.4% | +4.4% | -3.3% | -7.5% |
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 | 35,342 | 384 | 2,245 | 1,552 | 154.9 | 90 | May 13, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 39,172 | 1,527 | 2,156 | 1,780 | 169.7 | 90 | Nov 13, 2025 | J-GAAP |
| YoY | +10.8% | +297.7% | -4.0% | +14.7% | +9.5% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 60,176 | 792 | 4,493 | 2,457 | 246.0 | 50 | May 14, 2024 | J-GAAP |
| Mar, 2025 | 70,579 | 433 | 4,199 | 2,600 | 259.5 | 90 | May 13, 2025 | J-GAAP |
| Mar, 2026 Guidance | 74,000 | 2,500 | 4,700 | 3,000 | 286.0 | 90 | May 13, 2025 | J-GAAP |
| YoY | +4.8% | +477.4% | +11.9% | +15.4% | +10.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 17,607 | 638 | 1,680 | 1,051 | 105.2 | 3.6 | Feb 13, 2025 | J-GAAP |
| Jan - Mar, 2025 | 17,735 | -254 | 565 | 501 | 50.0 | -1.4 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 16,956 | 206 | 765 | 337 | 32.3 | 1.2 | Aug 7, 2025 | J-GAAP |
| Jul - Sep, 2025 | 17,872 | 767 | 1,779 | 883 | 84.6 | 4.3 | Nov 13, 2025 | J-GAAP |
| Oct - Dec, 2025 | 19,458 | 390 | 1,250 | 810 | 77.6 | 2.0 | Feb 12, 2026 | J-GAAP |
| YoY | +10.5% | -38.9% | -25.6% | -22.9% | -26.3% |
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