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JAPAN FOUNDATION ENGINEERING, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 8%, Exceeds Full-Year Plan, Current Fiscal Year Dividend Revised Upward by 5 Yen
1914 JAPAN FOUNDATION ENGINEERING CO.,LTD. 【J-GAAP】
Earnings ReportJAPAN FOUNDATION ENGINEERING CO.,LTD. <1914> [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) decreased 8.3% from the same period last year to 1.82 billion yen. However, Progress toward the full-year plan of 1.63 billion yen is 111.8%, already exceeding the target and also exceeding the five-year average of 78.5%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary loss for the January to March period (4Q) is expected to expand to a loss of 0.19 billion yen (compared to a loss of 0.06 billion yen in the same period last year). However, if the fourth-quarter performance remains at the same level as the first three quarters, the full-year plan may be increased.
At the same time, the company has increased its planned year-end lump-sum dividend for the current fiscal year from the original plan of 22 yen to 27 yen (compared to 24 yen in the previous period).
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 0.76 billion yen, a 10.1% decrease compared to the same period last year. However, the operating profit margin improved from 5.5% in the same period last year to 7.0%.
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 | 16,478 | 584 | 785 | 475 | 23.7 | 56.0 | Feb 13, 2024 | J-GAAP |
| Apr - Dec, 2024 | 23,037 | 1,651 | 1,989 | 1,745 | 89.7 | 103.4 | Feb 13, 2025 | J-GAAP |
| Apr - Dec, 2025 | 20,783 | 1,335 | 1,823 | 1,409 | 75.9 | 111.8 | Feb 13, 2026 | J-GAAP |
| YoY | -9.8% | -19.1% | -8.3% | -19.3% | -15.4% |
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 | 16,209 | 658 | 572 | 246 | 13.5 | 22 | Nov 13, 2025 | J-GAAP |
| Oct - Mar, 2025 New | 16,209 | 658 | 572 | 246 | 13.5 | 27 | Feb 13, 2026 | J-GAAP |
| Revision Rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 29,330 | 1,460 | 1,630 | 980 | 53.6 | 22 | May 14, 2025 | J-GAAP |
| Mar, 2026 New | 29,330 | 1,460 | 1,630 | 980 | 53.6 | 27 | Feb 13, 2026 | J-GAAP |
| Revision Rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
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 | 15,842 | 713 | 786 | 413 | 21.3 | 24 | May 14, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 16,209 | 658 | 572 | 246 | 13.5 | 27 | Feb 13, 2026 | J-GAAP |
| YoY | +2.3% | -7.7% | -27.2% | -40.4% | -36.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 23,575 | 1,012 | 1,401 | 932 | 46.6 | 16 | May 14, 2024 | J-GAAP |
| Mar, 2025 | 30,279 | 1,891 | 1,924 | 1,439 | 74.1 | 24 | May 14, 2025 | J-GAAP |
| Mar, 2026 Guidance | 29,330 | 1,460 | 1,630 | 980 | 53.6 | 27 | Feb 13, 2026 | J-GAAP |
| YoY | -3.1% | -22.8% | -15.3% | -31.9% | -27.7% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 8,600 | 473 | 851 | 719 | 36.9 | 5.5 | Feb 13, 2025 | J-GAAP |
| Jan - Mar, 2025 | 7,242 | 240 | -65 | -306 | -15.8 | 3.3 | May 14, 2025 | J-GAAP |
| Apr - Jun, 2025 | 6,617 | 385 | 422 | 286 | 15.1 | 5.8 | Aug 12, 2025 | J-GAAP |
| Jul - Sep, 2025 | 6,504 | 417 | 636 | 448 | 24.0 | 6.4 | Nov 13, 2025 | J-GAAP |
| Oct - Dec, 2025 | 7,662 | 533 | 765 | 675 | 36.4 | 7.0 | Feb 13, 2026 | J-GAAP |
| YoY | -10.9% | +12.7% | -10.1% | -6.1% | -1.6% |
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