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AOYAMA TRADING, Apr-Dec (Cumulative 3Q) Net Income Decreases by 75%, Oct-Dec Net Income Decreases by 45%
8219 AOYAMA TRADING Co., Ltd. 【J-GAAP】
Earnings ReportAOYAMA TRADING Co., Ltd. <8219> [TSE Prime] announced its financial results after the market closed on February 13th (16:00). The consolidated net income for the cumulative third quarter of the fiscal year ending March 2026 (April to December) significantly dropped 75.3% from the same period last year to 0.41 billion yen. Progress toward the full-year plan of 9.50 billion yen was 4.3%, also falling below the same period of the previous year of 17.8%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated net income for the January to March period (4Q) is expected to grow 17.6% from the same period last year, reaching 9.08 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated net income dropped to 1.26 billion yen, a 44.9% decrease compared to the same period last year. The operating profit margin worsened from 6.5% in the same period last year to 4.7%.
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 | 131,227 | 4,392 | 4,725 | 2,548 | 51.1 | 37.8 | Feb 9, 2024 | J-GAAP |
| Apr - Dec, 2024 | 133,105 | 3,809 | 4,000 | 1,673 | 33.7 | 31.7 | Feb 14, 2025 | J-GAAP |
| Apr - Dec, 2025 | 128,799 | 2,297 | 2,555 | 413 | 8.5 | 18.3 | Feb 13, 2026 | J-GAAP |
| YoY | -3.2% | -39.7% | -36.1% | -75.3% | -74.7% |
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 | 111,210 | 11,927 | 12,110 | 10,027 | 203.1 | 104 | May 13, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 115,027 | 13,923 | 13,703 | 10,356 | 218.9 | 81 | Nov 11, 2025 | J-GAAP |
| YoY | +3.4% | +16.7% | +13.2% | +3.3% | +7.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 193,687 | 11,918 | 12,503 | 10,089 | 202.4 | 65 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 195,714 | 12,573 | 12,628 | 9,397 | 190.3 | 134 | May 13, 2025 | J-GAAP |
| Mar, 2026 Guidance | 197,000 | 14,000 | 14,000 | 9,500 | 200.8 | 136 | Nov 11, 2025 | J-GAAP |
| YoY | +0.7% | +11.3% | +10.9% | +1.1% | +5.5% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 48,601 | 3,163 | 3,482 | 2,303 | 46.4 | 6.5 | Feb 14, 2025 | J-GAAP |
| Jan - Mar, 2025 | 62,609 | 8,764 | 8,628 | 7,724 | 156.4 | 14.0 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 43,657 | 1,369 | 1,534 | 641 | 13.2 | 3.1 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 38,316 | -1,292 | -1,237 | -1,497 | -30.9 | -3.4 | Nov 11, 2025 | J-GAAP |
| Oct - Dec, 2025 | 46,826 | 2,220 | 2,258 | 1,269 | 26.2 | 4.7 | Feb 13, 2026 | J-GAAP |
| YoY | -3.7% | -29.8% | -35.2% | -44.9% | -43.4% |
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