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WAKACHIKU CONSTRUCTION, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 34%
1888 WAKACHIKU CONSTRUCTION CO.,LTD. 【J-GAAP】
Earnings ReportWAKACHIKU CONSTRUCTION CO.,LTD. <1888> [TSE Prime] announced its financial results after the market closed on February 12th (17:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) expanded 3.91 billion yen, an increase 33.9% compared to the same period last year. Progress toward the full-year plan of 5.50 billion yen was 71.2%, exceeding the five-year average of 64.6%.
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 drop 31.3% from the same period last year to 1.58 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit amounted to 2.46 billion yen, an increase of 1.3% compared to the same period last year. However, the operating profit margin worsened from 9.6% in the same period last year to 8.5%.
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 | 71,703 | 4,972 | 5,542 | 3,628 | 284.4 | 72.0 | Feb 8, 2024 | J-GAAP |
| Apr - Dec, 2024 | 60,444 | 2,875 | 2,926 | 2,137 | 167.9 | 56.0 | Feb 12, 2025 | J-GAAP |
| Apr - Dec, 2025 | 75,060 | 4,080 | 3,918 | 2,601 | 204.6 | 71.2 | Feb 12, 2026 | J-GAAP |
| YoY | +24.2% | +41.9% | +33.9% | +21.7% | +21.9% |
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 | 51,279 | 4,759 | 4,730 | 3,457 | 271.7 | 126 | May 14, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 55,196 | 4,189 | 4,042 | 2,763 | 217.2 | 131 | Nov 10, 2025 | J-GAAP |
| YoY | +7.6% | -12.0% | -14.5% | -20.1% | -20.1% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 94,917 | 6,976 | 7,699 | 5,092 | 399.3 | 120 | May 14, 2024 | J-GAAP |
| Mar, 2025 | 86,462 | 5,220 | 5,228 | 3,690 | 290.0 | 126 | May 14, 2025 | J-GAAP |
| Mar, 2026 Guidance | 100,600 | 5,750 | 5,500 | 3,700 | 290.8 | 131 | May 14, 2025 | J-GAAP |
| YoY | +16.4% | +10.2% | +5.2% | +0.3% | +0.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 25,261 | 2,414 | 2,428 | 1,904 | 149.6 | 9.6 | Feb 12, 2025 | J-GAAP |
| Jan - Mar, 2025 | 26,018 | 2,345 | 2,302 | 1,553 | 122.0 | 9.0 | May 14, 2025 | J-GAAP |
| Apr - Jun, 2025 | 20,239 | 173 | 205 | 104 | 8.2 | 0.9 | Aug 7, 2025 | J-GAAP |
| Jul - Sep, 2025 | 25,165 | 1,388 | 1,253 | 833 | 65.6 | 5.5 | Nov 10, 2025 | J-GAAP |
| Oct - Dec, 2025 | 29,656 | 2,519 | 2,460 | 1,664 | 130.9 | 8.5 | Feb 12, 2026 | J-GAAP |
| YoY | +17.4% | +4.3% | +1.3% | -12.6% | -12.5% |
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