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IRRC, First Half Ordinary Profit Unexpectedly Revised Upward by 23%
7325 IRRC Corporation 【J-GAAP】
Earnings ReportIRRC Corporation <7325> [TSE Growth] announced its financial results after the market closed on February 13th (16:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending June 2026 (July to December) increased 22.8% from the same period last year, reaching 329 million yen, resulting in an increase in profits compared to the previous forecast of a 35.8% decrease.
However, Progress toward the full-year plan of 848 million yen was 38.8%, also falling below the five-year average of 42.6%.
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 grow 7.2% from the same period last year, reaching 519 million yen.
In the most recent three-month period, from October to December (2Q), the consolidated ordinary profit surged 2.5 times that of the same period last year, reaching 211 million yen. The operating profit margin significantly improved from 3.7% in the same period last year to 7.8%.
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 | 3,577 | 203 | 206 | 110 | 13.2 | 38.3 | Feb 14, 2024 | J-GAAP |
| Jul - Dec, 2024 | 4,479 | 263 | 268 | 156 | 19.1 | 35.6 | Feb 14, 2025 | J-GAAP |
| Jul - Dec, 2025 | 5,282 | 325 | 329 | 168 | 20.6 | 38.8 | Feb 13, 2026 | J-GAAP |
| YoY | +17.9% | +23.6% | +22.8% | +7.7% | +7.5% |
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 | 5,344 | 170 | 172 | 93 | 11.4 | 16 | Aug 14, 2025 | J-GAAP |
| Jul - Dec, 2025 Results | 5,282 | 325 | 329 | 168 | 20.6 | 16 | Feb 13, 2026 | J-GAAP |
| Revision Rate | -1.2% | +91.2% | +91.3% | +80.6% | +80.7% |
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 | 4,945 | 478 | 484 | 279 | 34.1 | 30 | Aug 14, 2025 | J-GAAP |
| Jan - Jun, 2026 Guidance | 6,006 | 519 | 519 | 339 | 41.5 | 16 | Feb 13, 2026 | J-GAAP |
| YoY | +21.5% | +8.6% | +7.2% | +21.5% | +21.7% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jun, 2024 | 7,921 | 495 | 538 | 351 | 42.4 | 20 | Aug 26, 2024 | J-GAAP |
| Jun, 2025 | 9,424 | 741 | 752 | 435 | 53.1 | 30 | Aug 14, 2025 | J-GAAP |
| Jun, 2026 Guidance | 11,288 | 844 | 848 | 507 | 62.0 | 32 | Aug 14, 2025 | J-GAAP |
| YoY | +19.8% | +13.9% | +12.8% | +16.6% | +16.7% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 2,213 | 82 | 85 | 44 | 5.4 | 3.7 | Feb 14, 2025 | J-GAAP |
| Jan - Mar, 2025 | 2,307 | 237 | 239 | 142 | 17.3 | 10.3 | May 15, 2025 | J-GAAP |
| Apr - Jun, 2025 | 2,638 | 241 | 245 | 137 | 16.7 | 9.1 | Aug 14, 2025 | J-GAAP |
| Jul - Sep, 2025 | 2,569 | 114 | 118 | 54 | 6.6 | 4.4 | Nov 14, 2025 | J-GAAP |
| Oct - Dec, 2025 | 2,713 | 211 | 211 | 114 | 13.9 | 7.8 | Feb 13, 2026 | J-GAAP |
| YoY | +22.6% | +157.3% | +148.2% | +159.1% | +158.6% |
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