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SEC CARBON, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 43%, Oct-Dec Ordinary Profit Decreases by 23%
5304 SEC CARBON,LIMITED 【J-GAAP】
Earnings ReportSEC CARBON,LIMITED <5304> [TSE Std] 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 42.5% from the same period last year to 4.19 billion yen. Progress toward the full-year plan of 5.30 billion yen was 79.1%, also surpassing the five-year average of 76.9%.
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 surge 2.6 times that of the same period last year, reaching 1.10 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 1.90 billion yen, a 22.8% decrease compared to the same period last year. The operating profit margin decreased from 23.4% in the same period last year to 20.1%.
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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 | 26,210 | 7,773 | 8,534 | 5,864 | 288.6 | 73.9 | Feb 13, 2024 | J-GAAP |
| Apr - Dec, 2024 | 23,743 | 6,297 | 7,291 | 5,274 | 261.6 | 94.5 | Feb 13, 2025 | J-GAAP |
| Apr - Dec, 2025 | 17,027 | 2,929 | 4,192 | 2,985 | 148.9 | 79.1 | Feb 13, 2026 | J-GAAP |
| YoY | -28.3% | -53.5% | -42.5% | -43.4% | -43.1% |
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 | 14,795 | 2,245 | 2,897 | 2,189 | 108.7 | 50 | May 14, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 16,301 | 2,520 | 3,016 | 1,966 | 98.1 | 50 | Nov 13, 2025 | J-GAAP |
| YoY | +10.2% | +12.2% | +4.1% | -10.2% | -9.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 37,307 | 10,217 | 11,555 | 7,299 | 359.2 | 100 | May 14, 2024 | J-GAAP |
| Mar, 2025 | 31,179 | 6,823 | 7,716 | 5,750 | 285.6 | 100 | May 14, 2025 | J-GAAP |
| Mar, 2026 Guidance | 26,600 | 4,100 | 5,300 | 3,600 | 179.6 | 100 | Nov 13, 2025 | J-GAAP |
| YoY | -14.7% | -39.9% | -31.3% | -37.4% | -37.1% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 7,359 | 1,719 | 2,472 | 1,713 | 85.0 | 23.4 | Feb 13, 2025 | J-GAAP |
| Jan - Mar, 2025 | 7,436 | 526 | 425 | 476 | 23.6 | 7.1 | May 14, 2025 | J-GAAP |
| Apr - Jun, 2025 | 4,378 | 609 | 948 | 672 | 33.5 | 13.9 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 5,921 | 971 | 1,336 | 962 | 48.0 | 16.4 | Nov 13, 2025 | J-GAAP |
| Oct - Dec, 2025 | 6,728 | 1,349 | 1,908 | 1,351 | 67.4 | 20.1 | Feb 13, 2026 | J-GAAP |
| YoY | -8.6% | -21.5% | -22.8% | -21.1% | -20.7% |
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