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Ridge-i, Ordinary Profit Forecast for the Fiscal Year Revised Upward to an Unexpected 19% Increase, Raises Record High Profit
5572 Ridge-i Inc. 【J-GAAP】
Earnings ReportRidge-i Inc. <5572> [TSE Growth] announced its financial results after the market closed on March 12th (17:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending July 2026 (August 2025 to January 2026) decreased 16.8% from the same period last year to 168 million yen.
However, the full-year forecast for consolidated ordinary profit has been revised upward 30.2%, from the previous forecast of 265 million yen to 345 million yen (compared to 290 million yen in the previous period), record profits reach three consecutive terms, turning to a 19.0% increase in the consolidated ordinary profit outlook.
Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the February to July period (second half) is expected to surge 2.0 times that of the same period last year, reaching 177 million yen.
In the most recent three-month period, from November to January (2Q), the consolidated ordinary profit amounted to 101 million yen, a 1.9% decrease compared to the same period last year. However, the operating profit margin rose from 13.9% in the same period last year to 17.1%.
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 | 491 | 48 | 48 | 32 | 8.7 | 31.4 | Mar 12, 2024 | J-GAAP |
| Aug - Jan, 2024 | 1,407 | 200 | 202 | 99 | 25.8 | 69.7 | Mar 13, 2025 | J-GAAP |
| Aug - Jan, 2025 | 1,150 | 169 | 168 | 105 | 25.1 | 48.7 | Mar 12, 2026 | J-GAAP |
| YoY | -18.3% | -15.5% | -16.8% | +6.1% | -2.5% |
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 | 1,150 | 170 | 168 | 105 | 24.3 | 0 | Mar 9, 2026 | J-GAAP |
| Aug - Jan, 2025 Results | 1,150 | 169 | 168 | 105 | 25.1 | 0 | Mar 12, 2026 | J-GAAP |
| Revision Rate | 0.0% | -0.6% | 0.0% | 0.0% | +3.2% |
Guidance Update
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul, 2026 Prev | 2,800 | 265 | 265 | 154 | 35.7 | 0 | Sep 12, 2025 | J-GAAP |
| Jul, 2026 New | 2,800 | 345 | 345 | 210 | 48.7 | 0 | Mar 12, 2026 | J-GAAP |
| Revision Rate | 0.0% | +30.2% | +30.2% | +36.4% | +36.3% |
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 | 1,186 | 83 | 88 | 40 | 10.4 | 0 | Sep 12, 2025 | J-GAAP |
| Feb - Jul, 2026 Guidance | 1,650 | 176 | 177 | 105 | 24.3 | 0 | Mar 12, 2026 | J-GAAP |
| YoY | +39.1% | +112.0% | +101.1% | +162.5% | +134.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul, 2024 | 1,071 | 152 | 153 | 121 | 32.0 | 0 | Sep 11, 2024 | J-GAAP |
| Jul, 2025 | 2,593 | 283 | 290 | 139 | 36.0 | 0 | Sep 12, 2025 | J-GAAP |
| Jul, 2026 Guidance | 2,800 | 345 | 345 | 210 | 48.7 | 0 | Mar 12, 2026 | J-GAAP |
| YoY | +8.0% | +21.9% | +19.0% | +51.1% | +35.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Nov - Jan, 2024 | 719 | 100 | 103 | 48 | 12.5 | 13.9 | Mar 13, 2025 | J-GAAP |
| Feb - Apr, 2025 | 640 | 65 | 70 | 33 | 8.6 | 10.2 | Jun 11, 2025 | J-GAAP |
| May - Jul, 2025 | 546 | 18 | 18 | 7 | 1.8 | 3.3 | Sep 12, 2025 | J-GAAP |
| Aug - Oct, 2025 | 577 | 71 | 67 | 37 | 9.4 | 12.3 | Dec 11, 2025 | J-GAAP |
| Nov - Jan, 2025 | 573 | 98 | 101 | 68 | 16.3 | 17.1 | Mar 12, 2026 | J-GAAP |
| YoY | -20.3% | -2.0% | -1.9% | +41.7% | +30.3% |
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