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Maezawa Industries, Jun-Feb (Cumulative 3Q) Ordinary Profit Increases by 17%
6489 Maezawa Industries,Inc. 【J-GAAP】
Earnings ReportMaezawa Industries,Inc. <6489> [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) increased 16.9% from the same period last year, reaching 4.13 billion yen. Progress toward the full-year plan of 5.00 billion yen was 82.7%, also surpassing the five-year average of 68.4%.
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 29.8% from the same period last year to 0.86 billion yen.
In the most recent three-month period, from December to February (3Q), the consolidated ordinary profit amounted to 3.06 billion yen, an increase of 2.7% compared to the same period last year. However, the operating profit margin decreased from 23.5% in the same period last year to 23.0%.
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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 | 23,473 | 2,811 | 2,927 | 1,957 | 108.8 | 58.6 | Apr 12, 2024 | J-GAAP |
| Jun - Feb, 2024 | 26,383 | 3,419 | 3,538 | 2,260 | 128.0 | 74.2 | Apr 11, 2025 | J-GAAP |
| Jun - Feb, 2025 | 27,864 | 3,964 | 4,137 | 2,648 | 150.5 | 82.7 | Apr 10, 2026 | J-GAAP |
| YoY | +5.6% | +15.9% | +16.9% | +17.2% | +17.5% |
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 | 23,517 | 4,155 | 4,210 | 2,743 | 155.5 | 30 | Jul 11, 2025 | J-GAAP |
| Dec - May, 2025 Guidance | 24,095 | 3,921 | 3,924 | 2,600 | 147.7 | 24 | Jan 9, 2026 | J-GAAP |
| YoY | +2.5% | -5.6% | -6.8% | -5.2% | -5.0% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| May, 2024 | 36,511 | 4,875 | 4,993 | 3,531 | 196.7 | 36 | Jul 11, 2024 | J-GAAP |
| May, 2025 | 37,499 | 4,654 | 4,768 | 3,077 | 174.4 | 48 | Jul 11, 2025 | J-GAAP |
| May, 2026 Guidance | 39,000 | 4,900 | 5,000 | 3,200 | 181.8 | 48 | Jul 11, 2025 | J-GAAP |
| YoY | +4.0% | +5.3% | +4.9% | +4.0% | +4.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec - Feb, 2024 | 12,401 | 2,920 | 2,980 | 1,926 | 109.1 | 23.5 | Apr 11, 2025 | J-GAAP |
| Mar - May, 2025 | 11,116 | 1,235 | 1,230 | 817 | 46.3 | 11.1 | Jul 11, 2025 | J-GAAP |
| Jun - Aug, 2025 | 6,043 | -87 | 12 | -102 | -5.8 | -1.4 | Oct 15, 2025 | J-GAAP |
| Sep - Nov, 2025 | 8,862 | 1,066 | 1,064 | 702 | 39.9 | 12.0 | Jan 9, 2026 | J-GAAP |
| Dec - Feb, 2025 | 12,959 | 2,985 | 3,061 | 2,048 | 116.4 | 23.0 | Apr 10, 2026 | J-GAAP |
| YoY | +4.5% | +2.2% | +2.7% | +6.3% | +6.7% |
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