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AZUMA HOUSE, Ordinary Profit Forecast for the Fiscal Year Revised Downward to an Unexpected 22% Decrease
3293 AZUMA HOUSE Co.,Ltd. 【J-GAAP】
Earnings ReportAZUMA HOUSE Co.,Ltd. <3293> [TSE Std] announced its financial results in the afternoon session on February 13th (15:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) dropped 38.2% from the same period last year to 0.58 billion yen.
In addition, the full-year forecast for consolidated ordinary profit has decreased 23.7%, from the previous forecast of 1.18 billion yen to 0.90 billion yen (compared to 1.15 billion yen in the previous period). This changes the outlook from an anticipated profit increase to a projection of a 21.9% decrease in profit.
Based on the full-year plan announced by the company after the downward revision, our estimate of the consolidated ordinary profit for the October to March period (second half) has decreased 35.0%, from the previous forecast of 0.80 billion yen to 0.52 billion yen (compared to 0.49 billion yen in the same period of the previous year), leading to a reduction in the profit growth rate from 60.3% to 4.2%.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit dropped to 0.20 billion yen, a 30.0% decrease compared to the same period last year. The operating profit margin worsened from 9.3% in the same period last year to 8.1%.
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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 | 9,404 | 729 | 702 | 473 | 58.8 | 73.0 | Feb 14, 2024 | J-GAAP |
| Apr - Dec, 2024 | 10,054 | 1,000 | 946 | 640 | 79.5 | 82.1 | Feb 14, 2025 | J-GAAP |
| Apr - Dec, 2025 | 7,896 | 652 | 585 | 371 | 46.2 | 65.0 | Feb 13, 2026 | J-GAAP |
| YoY | -21.5% | -34.8% | -38.2% | -42.0% | -41.9% |
Guidance Update
Second Half Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2025 Prev | 7,847 | 837 | 800 | 546 | 67.8 | 17.50 | Nov 14, 2025 | J-GAAP |
| Oct - Mar, 2025 New | 6,357 | 557 | 520 | 362 | 45.0 | 17.50 | Feb 13, 2026 | J-GAAP |
| Revision Rate | -19.0% | -33.5% | -35.0% | -33.7% | -33.7% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 12,920 | 1,260 | 1,180 | 784 | 97.4 | 35 | May 15, 2025 | J-GAAP |
| Mar, 2026 New | 11,430 | 980 | 900 | 600 | 74.5 | 35 | Feb 13, 2026 | J-GAAP |
| Revision Rate | -11.5% | -22.2% | -23.7% | -23.5% | -23.5% |
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 | 6,594 | 543 | 499 | 320 | 39.8 | 17.50 | May 15, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 6,357 | 557 | 520 | 362 | 45.0 | 17.50 | Feb 13, 2026 | J-GAAP |
| YoY | -3.6% | +2.6% | +4.2% | +13.1% | +13.1% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 13,087 | 1,012 | 961 | 797 | 99.1 | 35 | May 15, 2024 | J-GAAP |
| Mar, 2025 | 13,279 | 1,230 | 1,152 | 765 | 95.1 | 35 | May 15, 2025 | J-GAAP |
| Mar, 2026 Guidance | 11,430 | 980 | 900 | 600 | 74.5 | 35 | Feb 13, 2026 | J-GAAP |
| YoY | -13.9% | -20.3% | -21.9% | -21.6% | -21.6% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 3,369 | 313 | 293 | 195 | 24.2 | 9.3 | Feb 14, 2025 | J-GAAP |
| Jan - Mar, 2025 | 3,225 | 230 | 206 | 125 | 15.5 | 7.1 | May 15, 2025 | J-GAAP |
| Apr - Jun, 2025 | 2,613 | 242 | 213 | 134 | 16.7 | 9.3 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 2,460 | 181 | 167 | 104 | 12.9 | 7.4 | Nov 14, 2025 | J-GAAP |
| Oct - Dec, 2025 | 2,823 | 229 | 205 | 133 | 16.6 | 8.1 | Feb 13, 2026 | J-GAAP |
| YoY | -16.2% | -26.8% | -30.0% | -31.8% | -31.6% |
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