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&Do Holdings, First Half Ordinary Profit Decreases by 71%, Oct-Dec Ordinary Profit Decreases by 77%
3457 &Do Holdings Co.,Ltd. 【J-GAAP】
Earnings Report&Do Holdings Co.,Ltd. <3457> [TSE Prime] announced its financial results after the market closed on February 13th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending June 2026 (July to December) significantly dropped 70.6% from the same period last year to 0.51 billion yen. Progress toward the full-year plan of 3.00 billion yen was 17.2%, also falling below the five-year average of 56.4%.
Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the January to June period (second half) is expected to surge 2.1 times that of the same period last year, reaching 2.48 billion yen.
In the most recent three-month period, from October to December (2Q), the consolidated ordinary profit significantly dropped to 0.32 billion yen, a 77.5% decrease compared to the same period last year. The operating profit margin drastically worsened from 5.7% in the same period last year to 1.3%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Dec, 2023 | 35,372 | 2,158 | 2,095 | 1,403 | 70.9 | 60.6 | Feb 13, 2024 | J-GAAP |
| Jul - Dec, 2024 | 35,927 | 1,604 | 1,753 | 1,138 | 57.2 | 59.6 | Feb 13, 2025 | J-GAAP |
| Jul - Dec, 2025 | 25,971 | 392 | 515 | 80 | 4.0 | 17.2 | Feb 13, 2026 | J-GAAP |
| YoY | -27.7% | -75.6% | -70.6% | -93.0% | -93.0% |
First Half Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Dec, 2025 Guidance | 25,971 | 392 | 515 | 80 | 4.0 | 0 | Feb 9, 2026 | J-GAAP |
| Jul - Dec, 2025 Results | 25,971 | 392 | 515 | 80 | 4.0 | 0 | Feb 13, 2026 | J-GAAP |
| Revision Rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2025 | 28,808 | 1,016 | 1,190 | 1,203 | 61.1 | 45 | Aug 14, 2025 | J-GAAP |
| Jan - Jun, 2026 Guidance | 29,029 | 2,508 | 2,485 | 2,692 | 134.8 | 46 | Feb 9, 2026 | J-GAAP |
| YoY | +0.8% | +146.9% | +108.8% | +123.8% | +120.7% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jun, 2024 | 67,579 | 3,587 | 3,457 | 2,476 | 124.8 | 43 | Aug 14, 2024 | J-GAAP |
| Jun, 2025 | 64,735 | 2,620 | 2,943 | 2,341 | 118.9 | 45 | Aug 14, 2025 | J-GAAP |
| Jun, 2026 Guidance | 55,000 | 2,900 | 3,000 | 2,772 | 138.8 | 46 | Aug 14, 2025 | J-GAAP |
| YoY | -15.0% | +10.7% | +1.9% | +18.4% | +16.8% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 21,382 | 1,220 | 1,461 | 995 | 50.0 | 5.7 | Feb 13, 2025 | J-GAAP |
| Jan - Mar, 2025 | 11,073 | 92 | -30 | 548 | 27.6 | 0.8 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 17,735 | 924 | 1,220 | 655 | 33.3 | 5.2 | Aug 14, 2025 | J-GAAP |
| Jul - Sep, 2025 | 11,946 | 207 | 186 | 18 | 0.9 | 1.7 | Nov 13, 2025 | J-GAAP |
| Oct - Dec, 2025 | 14,025 | 185 | 329 | 62 | 3.1 | 1.3 | Feb 13, 2026 | J-GAAP |
| YoY | -34.4% | -84.8% | -77.5% | -93.8% | -93.8% |
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