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KOSHIDAKA, Ordinary Profit Forecast for the Fiscal Year Revised Downward by 7%
2157 KOSHIDAKA HOLDINGS Co.,LTD. 【J-GAAP】
Earnings ReportKOSHIDAKA HOLDINGS Co.,LTD. <2157> [TSE Prime] announced its financial results after the market closed on April 10th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending August 2026 (September 2025 to February 2026) was 5.22 billion yen, a 1.4% decrease compared to the same period last year, resulting in a decrease in profits compared to the previous forecast of a 15.2% increase.
In addition, the full-year forecast for consolidated ordinary profit has decreased 6.8%, from the previous forecast of 12.9 billion yen to 12.0 billion yen (compared to 11.5 billion yen in the previous period), leading to a reduction in the profit growth rate from 11.3% to 3.7%.
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 March to August period (second half) is expected to grow 8.1% from the same period last year, reaching 6.80 billion yen.
In the most recent three-month period, from December to February (2Q), the consolidated ordinary profit grew 6.4% from the same period last year, reaching 4.88 billion yen. However, the operating profit margin decreased from 23.2% in the same period last year to 20.9%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Sep - Feb, 2023 | 30,578 | 4,834 | 5,542 | 3,896 | 47.8 | 50.7 | Apr 10, 2024 | J-GAAP |
| Sep - Feb, 2024 | 34,004 | 5,114 | 5,300 | 3,192 | 39.0 | 45.7 | Apr 10, 2025 | J-GAAP |
| Sep - Feb, 2025 | 38,932 | 5,004 | 5,224 | 3,884 | 47.1 | 43.4 | Apr 10, 2026 | J-GAAP |
| YoY | +14.5% | -2.2% | -1.4% | +21.7% | +20.9% |
First Half Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Sep - Feb, 2025 Guidance | 39,431 | 6,139 | 6,105 | 4,933 | 59.9 | 13 | Oct 10, 2025 | J-GAAP |
| Sep - Feb, 2025 Results | 38,932 | 5,004 | 5,224 | 3,884 | 47.1 | 13 | Apr 10, 2026 | J-GAAP |
| Revision Rate | -1.3% | -18.5% | -14.4% | -21.3% | -21.3% |
Guidance Update
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Aug, 2026 Prev | 82,544 | 12,966 | 12,911 | 8,496 | 103.1 | 26 | Oct 10, 2025 | J-GAAP |
| Aug, 2026 New | 82,046 | 11,831 | 12,030 | 7,448 | 90.4 | 26 | Apr 10, 2026 | J-GAAP |
| Revision Rate | -0.6% | -8.8% | -6.8% | -12.3% | -12.3% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar - Aug, 2025 | 35,383 | 6,278 | 6,298 | 2,066 | 25.2 | 12 | Oct 10, 2025 | J-GAAP |
| Mar - Aug, 2026 Guidance | 43,114 | 6,827 | 6,806 | 3,564 | 43.2 | 13 | Apr 10, 2026 | J-GAAP |
| YoY | +21.8% | +8.7% | +8.1% | +72.5% | +71.9% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Aug, 2024 | 63,263 | 10,164 | 10,934 | 6,735 | 82.7 | 18 | Oct 10, 2024 | J-GAAP |
| Aug, 2025 | 69,387 | 11,392 | 11,598 | 5,258 | 64.0 | 24 | Oct 10, 2025 | J-GAAP |
| Aug, 2026 Guidance | 82,046 | 11,831 | 12,030 | 7,448 | 90.4 | 26 | Apr 10, 2026 | J-GAAP |
| YoY | +18.2% | +3.9% | +3.7% | +41.7% | +41.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec - Feb, 2024 | 18,909 | 4,386 | 4,590 | 2,721 | 33.2 | 23.2 | Apr 10, 2025 | J-GAAP |
| Mar - May, 2025 | 17,350 | 3,281 | 3,293 | 2,216 | 27.0 | 18.9 | Jul 10, 2025 | J-GAAP |
| Jun - Aug, 2025 | 18,033 | 2,997 | 3,005 | -150 | -1.8 | 16.6 | Oct 10, 2025 | J-GAAP |
| Sep - Nov, 2025 | 16,354 | 292 | 338 | 668 | 8.1 | 1.8 | Jan 9, 2026 | J-GAAP |
| Dec - Feb, 2025 | 22,578 | 4,712 | 4,886 | 3,216 | 39.0 | 20.9 | Apr 10, 2026 | J-GAAP |
| YoY | +19.4% | +7.4% | +6.4% | +18.2% | +17.5% |
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