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SAMCO, First Half Ordinary Profit Increases by 6%
6387 SAMCO INC. 【J-GAAP】
Earnings ReportSAMCO INC. <6387> [TSE Prime] announced its financial results after the market closed on March 12th (15:30). The ordinary profit (non-consolidated) for the cumulative second quarter of the fiscal year ending July 2026 (August 2025 to January 2026) increased 6.1% from the same period last year, reaching 1.07 billion yen. However, Progress toward the full-year plan of 2.44 billion yen was 44.0%, almost the same as the five-year average of 41.3%.
Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the February to July period (second half) is expected to nearly flat at 1.36 billion yen, up 0.4% from the same period last year.
In the most recent three-month period, from November to January (2Q), the ordinary profit amounted to 0.89 billion yen, an increase of 1.5% compared to the same period last year. However, the operating profit margin decreased from 30.7% in the same period last year to 28.7%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Aug - Jan, 2023 | 4,105 | 1,012 | 1,063 | 747 | 93.0 | 50.9 | Mar 13, 2024 | J-GAAP |
| Aug - Jan, 2024 | 4,121 | 990 | 1,011 | 714 | 88.9 | 42.6 | Mar 12, 2025 | J-GAAP |
| Aug - Jan, 2025 | 4,587 | 1,028 | 1,073 | 751 | 93.5 | 44.0 | Mar 12, 2026 | J-GAAP |
| YoY | +11.3% | +3.8% | +6.1% | +5.2% | +5.1% |
First Half Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Aug - Jan, 2025 Guidance | 4,750 | 1,070 | 1,060 | 740 | 92.1 | 0 | Sep 10, 2025 | J-GAAP |
| Aug - Jan, 2025 Results | 4,587 | 1,028 | 1,073 | 751 | 93.5 | 0 | Mar 12, 2026 | J-GAAP |
| Revision Rate | -3.4% | -3.9% | +1.2% | +1.5% | +1.5% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Feb - Jul, 2025 | 5,221 | 1,352 | 1,362 | 983 | 122.4 | 60 | Sep 10, 2025 | J-GAAP |
| Feb - Jul, 2026 Guidance | 5,613 | 1,432 | 1,367 | 969 | 120.6 | 60 | Mar 12, 2026 | J-GAAP |
| YoY | +7.5% | +5.9% | +0.4% | -1.4% | -1.4% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul, 2024 | 8,203 | 2,017 | 2,088 | 1,471 | 183.3 | 45 | Sep 11, 2024 | J-GAAP |
| Jul, 2025 | 9,342 | 2,342 | 2,373 | 1,697 | 211.3 | 60 | Sep 10, 2025 | J-GAAP |
| Jul, 2026 Guidance | 10,200 | 2,460 | 2,440 | 1,720 | 214.1 | 60 | Sep 10, 2025 | J-GAAP |
| YoY | +9.2% | +5.0% | +2.8% | +1.4% | +1.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Nov - Jan, 2024 | 2,845 | 874 | 883 | 625 | 77.9 | 30.7 | Mar 12, 2025 | J-GAAP |
| Feb - Apr, 2025 | 2,120 | 403 | 359 | 254 | 31.7 | 19.0 | Jun 11, 2025 | J-GAAP |
| May - Jul, 2025 | 3,101 | 949 | 1,003 | 729 | 90.8 | 30.6 | Sep 10, 2025 | J-GAAP |
| Aug - Oct, 2025 | 1,526 | 151 | 177 | 124 | 15.4 | 9.9 | Dec 11, 2025 | J-GAAP |
| Nov - Jan, 2025 | 3,061 | 877 | 896 | 627 | 78.1 | 28.7 | Mar 12, 2026 | J-GAAP |
| YoY | +7.6% | +0.3% | +1.5% | +0.3% | +0.3% |
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