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Succeed, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 9%, Exceeds Full-Year Plan
9256 Succeed co.,ltd. 【J-GAAP】
Earnings ReportSucceed co.,ltd. <9256> [TSE Growth] announced its financial results after the market closed on February 12th (16:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) decreased 8.8% from the previous period non-consolidated to 321 million yen. However, Progress toward the full-year plan of 318 million yen is 100.9%, already exceeding the target and also exceeding the four-year average of 87.7%.
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/loss for the January to March period (4Q) is expected to turn into a loss of 3 million yen (compared to a profit of 28 million yen in the previous period non-consolidated). 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 consolidated ordinary profit decreased to 67 million yen, a 14.1% decrease compared to the same period last year. The operating profit margin drastically worsened from 9.0% in the same period last year to 5.8%.
Note: Since of the current fiscal year, the company has transitioned to consolidated financial statements.
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 | 2,461 | 304 | 304 | 192 | 54.8 | 91.6 | Feb 8, 2024 | J-GAAP |
| Apr - Dec, 2024 | 2,652 | 352 | 352 | 251 | 70.2 | 92.6 | Feb 12, 2025 | J-GAAP |
| Apr - Dec, 2025 | 3,134 | 320 | 321 | 225 | 62.9 | 100.9 | Feb 12, 2026 | J-GAAP |
| YoY | +18.2% | -9.1% | -8.8% | -10.4% | -10.4% |
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 | 1,679 | 106 | 106 | 73 | 20.5 | 16 | May 13, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 2,016 | 65 | 64 | 44 | 12.3 | 16 | Nov 12, 2025 | J-GAAP |
| YoY | +20.1% | -38.7% | -39.6% | -39.7% | -39.9% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 3,227 | 332 | 332 | 223 | 63.6 | 14 | May 9, 2024 | J-GAAP |
| Mar, 2025 | 3,469 | 380 | 380 | 259 | 72.6 | 16 | May 13, 2025 | J-GAAP |
| Mar, 2026 Guidance | 4,004 | 318 | 318 | 216 | 60.4 | 16 | May 13, 2025 | J-GAAP |
| YoY | +15.4% | -16.3% | -16.3% | -16.6% | -16.9% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 862 | 78 | 78 | 65 | 18.2 | 9.0 | Feb 12, 2025 | J-GAAP |
| Jan - Mar, 2025 | 817 | 28 | 28 | 8 | 2.2 | 3.4 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 1,016 | 158 | 158 | 109 | 30.7 | 15.6 | Aug 7, 2025 | J-GAAP |
| Jul - Sep, 2025 | 972 | 95 | 96 | 63 | 17.7 | 9.8 | Nov 12, 2025 | J-GAAP |
| Oct - Dec, 2025 | 1,146 | 67 | 67 | 53 | 14.8 | 5.8 | Feb 12, 2026 | J-GAAP |
| YoY | +32.9% | -14.1% | -14.1% | -18.5% | -18.5% |
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