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Giken Holdings, Ordinary Profit Forecast for the Fiscal Year Revised Upward to an Unexpected 22% Increase
1443 Giken Holdings Co.,Ltd. 【J-GAAP】
Earnings ReportGiken Holdings Co.,Ltd. <1443> [TSE Std] announced its financial results after the market closed on February 16th (15:35). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) expanded 800 million yen, an increase 31.6% compared to the same period last year.
In addition, the full-year forecast for consolidated ordinary profit has been revised upward 25.3%, from the previous forecast of 750 million yen to 940 million yen (compared to 770 million yen in the previous period), turning to a 22.1% increase in the consolidated ordinary profit outlook.
Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the October to March period (second half) is expected to increase 70.4%, from the previous forecast of 270 million yen to 460 million yen (compared to 452 million yen in the same period of the previous year), turning to a 1.8% increase in the consolidated ordinary profit outlook.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 10.3% from the same period last year, reaching 320 million yen. However, the operating profit margin decreased from 17.2% in the same period last year to 16.7%.
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 | 3,935 | 394 | 531 | 343 | 21.2 | 83.0 | Feb 14, 2024 | J-GAAP |
| Apr - Dec, 2024 | 3,570 | 450 | 608 | 414 | 25.5 | 79.0 | Feb 14, 2025 | J-GAAP |
| Apr - Dec, 2025 | 3,621 | 601 | 800 | 536 | 33.1 | 85.1 | Feb 16, 2026 | J-GAAP |
| YoY | +1.4% | +33.6% | +31.6% | +29.5% | +29.4% |
Guidance Update
Second Half Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2025 Prev | 2,714 | 238 | 270 | 147 | 9.1 | 1.10 | Nov 14, 2025 | J-GAAP |
| Oct - Mar, 2025 New | 2,714 | 388 | 460 | 307 | 18.9 | 1.10 | Feb 16, 2026 | J-GAAP |
| Revision Rate | 0.0% | +63.0% | +70.4% | +108.8% | +108.7% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 4,900 | 600 | 750 | 480 | 29.6 | 1.10 | May 20, 2025 | J-GAAP |
| Mar, 2026 New | 4,900 | 750 | 940 | 640 | 39.4 | 1.10 | Feb 16, 2026 | J-GAAP |
| Revision Rate | 0.0% | +25.0% | +25.3% | +33.3% | +33.3% |
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 | 2,641 | 397 | 452 | 268 | 16.5 | 1.10 | May 20, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 2,714 | 388 | 460 | 307 | 18.9 | 1.10 | Feb 16, 2026 | J-GAAP |
| YoY | +2.8% | -2.3% | +1.8% | +14.6% | +14.3% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 5,169 | 529 | 640 | 444 | 27.4 | 1 | May 20, 2024 | J-GAAP |
| Mar, 2025 | 4,906 | 623 | 770 | 491 | 30.3 | 1.10 | May 20, 2025 | J-GAAP |
| Mar, 2026 Guidance | 4,900 | 750 | 940 | 640 | 39.4 | 1.10 | Feb 16, 2026 | J-GAAP |
| YoY | -0.1% | +20.4% | +22.1% | +30.3% | +30.1% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 1,305 | 224 | 290 | 191 | 11.8 | 17.2 | Feb 14, 2025 | J-GAAP |
| Jan - Mar, 2025 | 1,336 | 173 | 162 | 77 | 4.8 | 12.9 | May 20, 2025 | J-GAAP |
| Apr - Jun, 2025 | 1,018 | 156 | 279 | 209 | 12.9 | 15.3 | Aug 14, 2025 | J-GAAP |
| Jul - Sep, 2025 | 1,168 | 206 | 201 | 124 | 7.6 | 17.6 | Nov 14, 2025 | J-GAAP |
| Oct - Dec, 2025 | 1,435 | 239 | 320 | 203 | 12.5 | 16.7 | Feb 16, 2026 | J-GAAP |
| YoY | +10.0% | +6.7% | +10.3% | +6.3% | +6.3% |
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