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Ferrotec Holdings, Oct-Dec (3Q) Ordinary Profit Increases by 33%
6890 Ferrotec Corporation 【J-GAAP】
Earnings ReportFerrotec Corporation <6890> [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) decreased 4.3% from the same period last year to 19.6 billion yen. Progress toward the full-year plan of 28.0 billion yen was 70.1%, also falling below the five-year average of 78.2%.
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 expand 65.9% from the same period last year, reaching 8.36 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit increased 33.0% from the same period last year, reaching 6.71 billion yen. The operating profit margin improved from 8.1% in the same period last year to 10.6%.
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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 | 168,266 | 20,926 | 23,266 | 13,464 | 286.8 | 87.7 | Feb 14, 2024 | J-GAAP |
| Apr - Dec, 2024 | 202,365 | 19,696 | 20,516 | 12,612 | 268.3 | 80.3 | Feb 14, 2025 | J-GAAP |
| Apr - Dec, 2025 | 211,645 | 21,840 | 19,636 | 10,146 | 216.7 | 70.1 | Feb 13, 2026 | J-GAAP |
| YoY | +4.6% | +10.9% | -4.3% | -19.6% | -19.2% |
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 | 139,233 | 9,838 | 10,088 | 6,502 | 138.5 | 86 | May 15, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 144,020 | 15,667 | 15,077 | 9,692 | 206.9 | 74 | Nov 14, 2025 | J-GAAP |
| YoY | +3.4% | +59.2% | +49.5% | +49.1% | +49.5% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 222,430 | 24,872 | 26,537 | 15,154 | 322.7 | 100 | May 15, 2024 | J-GAAP |
| Mar, 2025 | 274,390 | 24,089 | 25,558 | 15,692 | 334.1 | 141 | May 15, 2025 | J-GAAP |
| Mar, 2026 Guidance | 285,000 | 30,000 | 28,000 | 16,000 | 341.6 | 148 | Nov 14, 2025 | J-GAAP |
| YoY | +3.9% | +24.5% | +9.6% | +2.0% | +2.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 67,208 | 5,445 | 5,046 | 3,422 | 72.8 | 8.1 | Feb 14, 2025 | J-GAAP |
| Jan - Mar, 2025 | 72,025 | 4,393 | 5,042 | 3,080 | 65.6 | 6.1 | May 15, 2025 | J-GAAP |
| Apr - Jun, 2025 | 68,899 | 6,672 | 5,864 | 2,674 | 57.1 | 9.7 | Aug 14, 2025 | J-GAAP |
| Jul - Sep, 2025 | 72,081 | 7,661 | 7,059 | 3,634 | 77.6 | 10.6 | Nov 14, 2025 | J-GAAP |
| Oct - Dec, 2025 | 70,665 | 7,507 | 6,713 | 3,838 | 82.0 | 10.6 | Feb 13, 2026 | J-GAAP |
| YoY | +5.1% | +37.9% | +33.0% | +12.2% | +12.6% |
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