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Polaris Holdings, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 82%, Oct-Dec Ordinary Profit Increases by 3.3 times
3010 Polaris Holdings Co., Ltd. 【J-GAAP】
Earnings ReportPolaris Holdings Co., Ltd. <3010> [TSE Std] announced its financial results after the market closed on February 13th (16:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) expanded 2.23 billion yen, an increase 81.6% compared to the same period last year. Progress toward the full-year plan of 2.50 billion yen was 89.4%, also surpassing progress of 65.0% from the same period of the previous year.
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 significant drop 60.0% from the same period last year to 0.26 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit surged 3.3 times that of the same period last year, reaching 0.88 billion yen. However, the operating profit margin remained almost flat, changing from 9.1% in the same period last year to 9.0%.
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 | 18,237 | 3,018 | 2,384 | 2,836 | 23.2 | 91.4 | Feb 13, 2024 | J-GAAP |
| Apr - Dec, 2024 | 16,868 | 1,838 | 1,231 | 1,212 | 9.4 | 65.0 | Feb 13, 2025 | J-GAAP |
| Apr - Dec, 2025 | 36,034 | 3,112 | 2,235 | 1,943 | 8.3 | 89.4 | Feb 13, 2026 | J-GAAP |
| YoY | +113.6% | +69.3% | +81.6% | +60.3% | -12.0% |
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 | 17,560 | 1,559 | 931 | 1,721 | 11.1 | 3 | May 14, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 23,612 | 1,660 | 1,147 | 1,504 | 6.4 | 4 | Nov 13, 2025 | J-GAAP |
| YoY | +34.5% | +6.5% | +23.2% | -12.6% | -42.3% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 22,545 | 3,382 | 2,609 | 3,297 | 26.9 | 0 | May 14, 2024 | J-GAAP |
| Mar, 2025 | 27,881 | 2,804 | 1,893 | 2,611 | 16.9 | 3 | May 14, 2025 | J-GAAP |
| Mar, 2026 Guidance | 46,600 | 3,600 | 2,500 | 2,600 | 11.1 | 4 | Nov 13, 2025 | J-GAAP |
| YoY | +67.1% | +28.4% | +32.1% | -0.4% | -34.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 6,547 | 593 | 269 | 322 | 2.5 | 9.1 | Feb 13, 2025 | J-GAAP |
| Jan - Mar, 2025 | 11,013 | 966 | 662 | 1,399 | 9.1 | 8.8 | May 14, 2025 | J-GAAP |
| Apr - Jun, 2025 | 11,257 | 929 | 642 | 550 | 2.4 | 8.3 | Aug 13, 2025 | J-GAAP |
| Jul - Sep, 2025 | 11,731 | 1,011 | 711 | 546 | 2.3 | 8.6 | Nov 13, 2025 | J-GAAP |
| Oct - Dec, 2025 | 13,046 | 1,172 | 882 | 847 | 3.6 | 9.0 | Feb 13, 2026 | J-GAAP |
| YoY | +99.3% | +97.6% | +227.9% | +163.0% | +44.2% |
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