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Smile Holdings Inc, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 68%, Exceeds Full-Year Plan
7084 Smile Holdings Inc. 【J-GAAP】
Earnings ReportSmile Holdings Inc. <7084> [TSE Growth] 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) expanded 453 million yen, an increase 68.4% compared to the same period last year. Progress toward the full-year plan of 370 million yen is 122.4%, already exceeding the target and also exceeding the five-year average of 82.0%.
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/loss for the January to March period (4Q) is expected to turn into a loss of 83 million yen (compared to a profit of 144 million 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.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 5.9% from the same period last year, reaching 143 million yen. However, the operating profit margin remained almost flat, changing from 4.3% in the same period last year to 4.1%.
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 | 9,319 | 64 | 151 | 89 | 27.5 | 48.6 | Feb 14, 2024 | J-GAAP |
| Apr - Dec, 2024 | 9,649 | 282 | 269 | 199 | 61.7 | 65.1 | Feb 14, 2025 | J-GAAP |
| Apr - Dec, 2025 | 10,470 | 456 | 453 | 330 | 102.2 | 122.4 | Feb 13, 2026 | J-GAAP |
| YoY | +8.5% | +61.7% | +68.4% | +65.8% | +65.7% |
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 | 7,273 | 268 | 279 | 54 | 16.8 | 95 | May 15, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 6,849 | 38 | 60 | 36 | 11.2 | 47.50 | Nov 14, 2025 | J-GAAP |
| YoY | -5.8% | -85.8% | -78.5% | -33.3% | -33.2% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 12,867 | 232 | 311 | 132 | 40.8 | 0 | May 15, 2024 | J-GAAP |
| Mar, 2025 | 13,656 | 410 | 413 | 151 | 47.0 | 95 | May 15, 2025 | J-GAAP |
| Mar, 2026 Guidance | 13,800 | 350 | 370 | 250 | 78.0 | 95 | May 15, 2025 | J-GAAP |
| YoY | +1.1% | -14.6% | -10.4% | +65.6% | +65.9% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 3,266 | 140 | 135 | 102 | 31.6 | 4.3 | Feb 14, 2025 | J-GAAP |
| Jan - Mar, 2025 | 4,007 | 128 | 144 | -48 | -14.9 | 3.2 | May 15, 2025 | J-GAAP |
| Apr - Jun, 2025 | 3,393 | 70 | 73 | 66 | 20.4 | 2.1 | Aug 14, 2025 | J-GAAP |
| Jul - Sep, 2025 | 3,558 | 242 | 237 | 148 | 45.7 | 6.8 | Nov 14, 2025 | J-GAAP |
| Oct - Dec, 2025 | 3,519 | 144 | 143 | 116 | 35.9 | 4.1 | Feb 13, 2026 | J-GAAP |
| YoY | +7.7% | +2.9% | +5.9% | +13.7% | +13.6% |
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