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SRA Holdings, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 4%
3817 SRA Holdings,Inc. 【J-GAAP】
Earnings ReportSRA Holdings,Inc. <3817> [TSE Prime] 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) increased 3.8% from the same period last year, reaching 6.63 billion yen. Progress toward the full-year plan of 8.15 billion yen was 81.5%, also surpassing the five-year average of 70.0%.
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 decrease 12.7% from the same period last year to 1.51 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 2.63 billion yen, a 19.1% decrease compared to the same period last year. However, the operating profit margin remained almost flat, changing from 15.4% in the same period last year to 15.4%.
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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 | 33,530 | 5,046 | 5,876 | 3,606 | 289.8 | 68.5 | Feb 8, 2024 | J-GAAP |
| Apr - Dec, 2024 | 36,582 | 5,571 | 6,395 | 3,972 | 314.7 | 78.7 | Feb 12, 2025 | J-GAAP |
| Apr - Dec, 2025 | 39,455 | 5,807 | 6,639 | 4,120 | 326.2 | 81.5 | Feb 12, 2026 | J-GAAP |
| YoY | +7.9% | +4.2% | +3.8% | +3.7% | +3.6% |
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 | 27,768 | 4,325 | 4,984 | 1,315 | 104.2 | 100 | May 14, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 26,781 | 4,451 | 4,142 | 2,372 | 187.8 | 100 | Nov 12, 2025 | J-GAAP |
| YoY | -3.6% | +2.9% | -16.9% | +80.4% | +80.3% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 47,125 | 6,907 | 8,575 | 4,584 | 367.8 | 160 | May 14, 2024 | J-GAAP |
| Mar, 2025 | 51,617 | 7,940 | 8,126 | 3,377 | 267.5 | 180 | May 14, 2025 | J-GAAP |
| Mar, 2026 Guidance | 53,500 | 8,300 | 8,150 | 4,900 | 387.9 | 190 | Nov 12, 2025 | J-GAAP |
| YoY | +3.6% | +4.5% | +0.3% | +45.1% | +45.0% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 12,733 | 1,956 | 3,253 | 1,910 | 151.3 | 15.4 | Feb 12, 2025 | J-GAAP |
| Jan - Mar, 2025 | 15,035 | 2,369 | 1,731 | -595 | -47.1 | 15.8 | May 14, 2025 | J-GAAP |
| Apr - Jun, 2025 | 14,308 | 1,848 | 1,717 | 1,135 | 89.9 | 12.9 | Aug 6, 2025 | J-GAAP |
| Jul - Sep, 2025 | 12,411 | 2,001 | 2,291 | 1,393 | 110.3 | 16.1 | Nov 12, 2025 | J-GAAP |
| Oct - Dec, 2025 | 12,736 | 1,958 | 2,631 | 1,592 | 126.0 | 15.4 | Feb 12, 2026 | J-GAAP |
| YoY | +0.0% | +0.1% | -19.1% | -16.6% | -16.7% |
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