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MAINICHI COMNET , Jun-Feb (Cumulative 3Q) Ordinary Profit Increases by 94%, Dec-Feb Ordinary Profit Increases by 67%
8908 MAINICHI COMNET CO., LTD. 【J-GAAP】
Earnings ReportMAINICHI COMNET CO., LTD. <8908> [TSE Std] announced its financial results after the market closed on April 10th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending May 2026 (June 2025 to February 2026) expanded 0.96 billion yen, an increase 93.8% compared to the same period last year. Progress toward the full-year plan of 2.40 billion yen was 40.2%, exceeding the five-year average of 25.7%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the March to May period (4Q) is expected to decrease 23.9% from the same period last year to 1.43 billion yen.
In the most recent three-month period, from December to February (3Q), the consolidated ordinary profit increased 67.3% from the same period last year, reaching 0.54 billion yen. However, the operating profit margin worsened from 6.7% in the same period last year to 6.3%.
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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 |
|---|---|---|---|---|---|---|---|---|
| Jun - Feb, 2023 | 14,577 | 870 | 827 | 552 | 31.3 | 37.3 | Apr 10, 2024 | J-GAAP |
| Jun - Feb, 2024 | 14,085 | 588 | 498 | 344 | 19.5 | 20.9 | Apr 10, 2025 | J-GAAP |
| Jun - Feb, 2025 | 18,804 | 1,093 | 965 | 666 | 37.8 | 40.2 | Apr 10, 2026 | J-GAAP |
| YoY | +33.5% | +85.9% | +93.8% | +93.6% | +93.7% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec - May, 2024 | 13,462 | 2,288 | 2,210 | 1,478 | 83.9 | 23 | Jul 11, 2025 | J-GAAP |
| Dec - May, 2025 Guidance | 16,993 | 2,096 | 1,977 | 1,317 | 76.6 | 22 | Jan 9, 2026 | J-GAAP |
| YoY | +26.2% | -8.4% | -10.5% | -10.9% | -8.6% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| May, 2024 | 20,772 | 2,292 | 2,218 | 1,484 | 84.2 | 30 | Jul 12, 2024 | J-GAAP |
| May, 2025 | 22,255 | 2,520 | 2,384 | 1,599 | 90.8 | 32 | Jul 11, 2025 | J-GAAP |
| May, 2026 Guidance | 26,400 | 2,600 | 2,400 | 1,610 | 93.7 | 32 | Jul 11, 2025 | J-GAAP |
| YoY | +18.6% | +3.2% | +0.7% | +0.7% | +3.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec - Feb, 2024 | 5,292 | 356 | 324 | 223 | 12.7 | 6.7 | Apr 10, 2025 | J-GAAP |
| Mar - May, 2025 | 8,170 | 1,932 | 1,886 | 1,255 | 71.2 | 23.6 | Jul 11, 2025 | J-GAAP |
| Jun - Aug, 2025 | 4,792 | 286 | 251 | 175 | 10.0 | 6.0 | Oct 10, 2025 | J-GAAP |
| Sep - Nov, 2025 | 4,615 | 218 | 172 | 118 | 6.7 | 4.7 | Jan 9, 2026 | J-GAAP |
| Dec - Feb, 2025 | 9,397 | 589 | 542 | 373 | 21.2 | 6.3 | Apr 10, 2026 | J-GAAP |
| YoY | +77.6% | +65.4% | +67.3% | +67.3% | +67.2% |
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