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Double Standard, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 36%, Oct-Dec Ordinary Profit Decreases by 37%
3925 Double Standard Inc. 【J-GAAP】
Earnings ReportDouble Standard Inc. <3925> [TSE Prime] announced its financial results after the market closed on February 13th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) dropped 35.7% from the same period last year to 1.19 billion yen. Progress toward the full-year plan of 2.08 billion yen was 57.4%, also falling below the five-year average of 68.1%.
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 grow 17.8% from the same period last year, reaching 0.88 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit dropped to 0.42 billion yen, a 36.9% decrease compared to the same period last year. The operating profit margin significantly dropped from 34.1% in the same period last year to 23.7%.
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 | 5,019 | 1,439 | 1,444 | 1,065 | 78.5 | 62.9 | Feb 13, 2024 | J-GAAP |
| Apr - Dec, 2024 | 5,637 | 1,856 | 1,855 | 1,273 | 94.2 | 71.1 | Feb 13, 2025 | J-GAAP |
| Apr - Dec, 2025 | 4,859 | 1,188 | 1,193 | 801 | 59.3 | 57.4 | Feb 13, 2026 | J-GAAP |
| YoY | -13.8% | -36.0% | -35.7% | -37.1% | -37.1% |
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 | 4,351 | 1,427 | 1,430 | 969 | 71.7 | 60 | May 13, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 4,140 | 1,338 | 1,314 | 945 | 69.9 | 70 | Nov 13, 2025 | J-GAAP |
| YoY | -4.8% | -6.2% | -8.1% | -2.5% | -2.5% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 7,147 | 2,309 | 2,296 | 1,654 | 122.0 | 55 | May 13, 2024 | J-GAAP |
| Mar, 2025 | 8,000 | 2,606 | 2,608 | 1,782 | 131.9 | 60 | May 13, 2025 | J-GAAP |
| Mar, 2026 Guidance | 7,200 | 2,100 | 2,080 | 1,456 | 107.7 | 70 | Aug 13, 2025 | J-GAAP |
| YoY | -10.0% | -19.4% | -20.2% | -18.3% | -18.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 1,988 | 677 | 677 | 460 | 34.0 | 34.1 | Feb 13, 2025 | J-GAAP |
| Jan - Mar, 2025 | 2,363 | 750 | 753 | 509 | 37.7 | 31.7 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 1,408 | 327 | 327 | 211 | 15.6 | 23.2 | Aug 13, 2025 | J-GAAP |
| Jul - Sep, 2025 | 1,652 | 435 | 439 | 300 | 22.2 | 26.3 | Nov 13, 2025 | J-GAAP |
| Oct - Dec, 2025 | 1,799 | 426 | 427 | 290 | 21.5 | 23.7 | Feb 13, 2026 | J-GAAP |
| YoY | -9.5% | -37.1% | -36.9% | -37.0% | -36.9% |
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