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Pro-Ship, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 86%, Oct-Dec Ordinary Profit Increases by 19%
3763 Pro-Ship Incorporated 【J-GAAP】
Earnings ReportPro-Ship Incorporated <3763> [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) expanded 2.24 billion yen, an increase 86.2% compared to the same period last year. Progress toward the full-year plan of 2.91 billion yen was 77.1%, also surpassing the five-year average of 61.6%.
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 drop 45.7% from the same period last year to 0.66 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 19.2% from the same period last year, reaching 0.79 billion yen. The operating profit margin rose from 32.4% in the same period last year to 34.8%.
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 | 4,912 | 985 | 1,194 | 838 | 34.1 | 63.6 | Feb 9, 2024 | J-GAAP |
| Apr - Dec, 2024 | 4,954 | 1,096 | 1,206 | 895 | 36.2 | 49.6 | Feb 7, 2025 | J-GAAP |
| Apr - Dec, 2025 | 5,987 | 2,132 | 2,245 | 1,581 | 63.2 | 77.1 | Feb 13, 2026 | J-GAAP |
| YoY | +20.9% | +94.5% | +86.2% | +76.6% | +74.5% |
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 | 4,446 | 1,808 | 1,891 | 1,502 | 60.7 | 31.50 | May 9, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 4,404 | 1,396 | 1,459 | 1,102 | 43.3 | 40 | Feb 10, 2026 | J-GAAP |
| YoY | -0.9% | -22.8% | -22.8% | -26.6% | -28.7% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 6,812 | 1,632 | 1,877 | 1,349 | 54.8 | 25 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 7,564 | 2,309 | 2,431 | 1,930 | 78.0 | 31.50 | May 9, 2025 | J-GAAP |
| Mar, 2026 Guidance | 8,300 | 2,800 | 2,910 | 2,100 | 82.6 | 40 | Feb 10, 2026 | J-GAAP |
| YoY | +9.7% | +21.3% | +19.7% | +8.8% | +5.8% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 1,836 | 595 | 666 | 467 | 18.9 | 32.4 | Feb 7, 2025 | J-GAAP |
| Jan - Mar, 2025 | 2,610 | 1,213 | 1,225 | 1,035 | 41.9 | 46.5 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 1,806 | 558 | 588 | 413 | 16.7 | 30.9 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 2,090 | 846 | 863 | 585 | 23.6 | 40.5 | Nov 14, 2025 | J-GAAP |
| Oct - Dec, 2025 | 2,091 | 728 | 794 | 583 | 23.3 | 34.8 | Feb 13, 2026 | J-GAAP |
| YoY | +13.9% | +22.4% | +19.2% | +24.8% | +23.3% |
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