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HYUGA PRIMARY CARE, Ordinary Profit Forecast for the Fiscal Year Revised Downward to an Unexpected 6% Decrease
7133 HYUGA PRIMARY CARE Co.,Ltd. 【J-GAAP】
Earnings ReportHYUGA PRIMARY CARE Co.,Ltd. <7133> [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) dropped 40.5% from the same period last year to 0.38 billion yen.
In addition, the full-year forecast for consolidated ordinary profit has decreased 24.0%, from the previous forecast of 1.26 billion yen to 0.96 billion yen (compared to 1.02 billion yen in the previous period). This changes the outlook from an anticipated profit increase to a projection of a 5.7% 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 28.7%, from the previous forecast of 1.06 billion yen to 0.75 billion yen (compared to 0.58 billion yen in the same period of the previous year), leading to a reduction in the profit growth rate from 81.1% to 29.1%.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 0.17 billion yen, a 14.7% decrease compared to the same period last year. The operating profit margin drastically worsened from 8.9% in the same period last year to 5.8%.
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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 | 6,096 | 465 | 466 | 316 | 44.5 | 65.1 | Feb 13, 2024 | J-GAAP |
| Apr - Dec, 2024 | 7,272 | 675 | 639 | 394 | 55.5 | 62.5 | Feb 13, 2025 | J-GAAP |
| Apr - Dec, 2025 | 8,718 | 411 | 380 | 246 | 34.6 | 39.4 | Feb 13, 2026 | J-GAAP |
| YoY | +19.9% | -39.1% | -40.5% | -37.6% | -37.7% |
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 | 6,662 | 1,089 | 1,063 | 747 | 104.7 | 20 | Nov 14, 2025 | J-GAAP |
| Oct - Mar, 2025 New | 6,662 | 775 | 758 | 528 | 74.0 | 20 | Feb 13, 2026 | J-GAAP |
| Revision Rate | 0.0% | -28.8% | -28.7% | -29.3% | -29.3% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 12,194 | 1,314 | 1,269 | 883 | 123.8 | 20 | May 14, 2025 | J-GAAP |
| Mar, 2026 New | 12,194 | 1,000 | 964 | 664 | 93.1 | 20 | Feb 13, 2026 | J-GAAP |
| Revision Rate | 0.0% | -23.9% | -24.0% | -24.8% | -24.8% |
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 | 5,265 | 603 | 587 | 428 | 60.2 | 20 | May 14, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 6,662 | 775 | 758 | 528 | 74.0 | 20 | Feb 13, 2026 | J-GAAP |
| YoY | +26.5% | +28.5% | +29.1% | +23.4% | +23.0% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 8,285 | 710 | 716 | 441 | 62.1 | 0 | May 14, 2024 | J-GAAP |
| Mar, 2025 | 9,984 | 1,051 | 1,022 | 719 | 101.1 | 20 | May 14, 2025 | J-GAAP |
| Mar, 2026 Guidance | 12,194 | 1,000 | 964 | 664 | 93.1 | 20 | Feb 13, 2026 | J-GAAP |
| YoY | +22.1% | -4.9% | -5.7% | -7.6% | -7.9% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 2,553 | 227 | 204 | 103 | 14.5 | 8.9 | Feb 13, 2025 | J-GAAP |
| Jan - Mar, 2025 | 2,712 | 376 | 383 | 325 | 45.7 | 13.9 | May 14, 2025 | J-GAAP |
| Apr - Jun, 2025 | 2,585 | 105 | 96 | 63 | 9.0 | 4.1 | Aug 12, 2025 | J-GAAP |
| Jul - Sep, 2025 | 2,947 | 120 | 110 | 73 | 10.3 | 4.1 | Nov 14, 2025 | J-GAAP |
| Oct - Dec, 2025 | 3,186 | 186 | 174 | 110 | 15.5 | 5.8 | Feb 13, 2026 | J-GAAP |
| YoY | +24.8% | -18.1% | -14.7% | +6.8% | +6.6% |
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