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INABA SEISAKUSHO, First Half Ordinary Profit Increases by 19%, Nov-Jan Ordinary Profit Increases by 37%

Fri Mar 13, 2026 5:00 pm JST Earnings

3421 INABA SEISAKUSHO Co.,Ltd. 【J-GAAP】

Earnings Report

INABA SEISAKUSHO Co.,Ltd. <3421> [TSE Std] announced its financial results after the market closed on March 13th (17:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending July 2026 (August 2025 to January 2026) increased 18.5% from the same period last year, reaching 0.83 billion yen. However, Progress toward the full-year plan of 2.80 billion yen was 29.7%, also falling below the five-year average of 37.9%.

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 February to July period (second half) is expected to expand 31.6% from the same period last year, reaching 1.96 billion yen.

In the most recent three-month period, from November to January (2Q), the consolidated ordinary profit increased 37.2% from the same period last year, reaching 0.39 billion yen. The operating profit margin improved from 2.0% in the same period last year to 3.0%.

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Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Aug - Jan, 2023 20,041 1,363 1,544 1,136 68.9 45.4 Mar 15, 2024 J-GAAP
Aug - Jan, 2024 19,903 534 701 440 27.4 31.9 Mar 14, 2025 J-GAAP
Aug - Jan, 2025 19,744 637 831 621 39.1 29.7 Mar 13, 2026 J-GAAP
YoY -0.8% +19.3% +18.5% +41.1% +43.1%

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 20,300 820 990 610 38.4 22 Sep 12, 2025 J-GAAP
Aug - Jan, 2025 Results 19,744 637 831 621 39.1 22 Mar 13, 2026 J-GAAP
Revision Rate -2.7% -22.3% -16.1% +1.8% +1.9%

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 22,002 1,331 1,496 1,106 68.7 21 Sep 12, 2025 J-GAAP
Feb - Jul, 2026 Guidance 23,106 1,823 1,969 1,249 78.7 22 Mar 13, 2026 J-GAAP
YoY +5.0% +37.0% +31.6% +12.9% +14.5%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jul, 2024 42,414 3,064 3,402 2,441 148.9 37 Sep 13, 2024 J-GAAP
Jul, 2025 41,905 1,865 2,197 1,546 96.0 42 Sep 12, 2025 J-GAAP
Jul, 2026 Guidance 42,850 2,460 2,800 1,870 117.8 44 Sep 12, 2025 J-GAAP
YoY +2.3% +31.9% +27.4% +21.0% +22.7%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Nov - Jan, 2024 9,906 200 285 170 10.6 2.0 Mar 14, 2025 J-GAAP
Feb - Apr, 2025 11,736 996 1,075 774 48.0 8.5 Jun 13, 2025 J-GAAP
May - Jul, 2025 10,266 335 421 332 20.6 3.3 Sep 12, 2025 J-GAAP
Aug - Oct, 2025 10,162 350 440 348 21.9 3.4 Dec 12, 2025 J-GAAP
Nov - Jan, 2025 9,582 287 391 273 17.2 3.0 Mar 13, 2026 J-GAAP
YoY -3.3% +43.5% +37.2% +60.6% +62.8%

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