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Festaria Holdings, First Half Ordinary Profit Revised Downward to an Unexpected 50%Decrease
2736 Festaria Holdings Co.,Ltd. 【J-GAAP】
Earnings ReportFestaria Holdings Co.,Ltd. <2736> [TSE Std] announced its financial results after the market closed on April 13th (16:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending August 2026 (September 2025 to February 2026) significantly dropped 50.4% from the same period last year to 61 million yen, resulting in a decrease in profits compared to the previous forecast of a 5.7% increase.
Progress toward the full-year plan of 260 million yen was 23.5%, also falling below the five-year average of 47.0%.
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 March to August period (second half) is expected to grow 23.6% from the same period last year, reaching 199 million yen.
In the most recent three-month period, from December to February (2Q), the consolidated ordinary profit decreased to 192 million yen, a 9.9% decrease compared to the same period last year. The operating profit margin worsened from 8.6% in the same period last year to 6.6%.
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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 | 4,447 | 60 | 51 | 34 | 9.8 | 22.6 | Apr 12, 2024 | J-GAAP |
| Sep - Feb, 2024 | 4,697 | 140 | 123 | 82 | 23.3 | 43.3 | Apr 11, 2025 | J-GAAP |
| Sep - Feb, 2025 | 4,976 | 60 | 61 | 47 | 13.2 | 23.5 | Apr 13, 2026 | J-GAAP |
| YoY | +5.9% | -57.1% | -50.4% | -42.7% | -43.5% |
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 | 5,010 | 148 | 130 | 65 | 18.1 | 0 | Oct 14, 2025 | J-GAAP |
| Sep - Feb, 2025 Results | 4,976 | 60 | 61 | 47 | 13.2 | 0 | Apr 13, 2026 | J-GAAP |
| Revision Rate | -0.7% | -59.5% | -53.1% | -27.7% | -27.5% |
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 | 4,706 | 149 | 161 | 94 | 26.4 | 7 | Oct 14, 2025 | J-GAAP |
| Mar - Aug, 2026 Guidance | 5,124 | 270 | 199 | 113 | 31.5 | 7 | Apr 13, 2026 | J-GAAP |
| YoY | +8.9% | +81.2% | +23.6% | +20.2% | +19.3% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Aug, 2024 | 9,305 | 270 | 226 | 139 | 39.1 | 6.67 | Oct 11, 2024 | J-GAAP |
| Aug, 2025 | 9,403 | 289 | 284 | 176 | 49.5 | 7 | Oct 14, 2025 | J-GAAP |
| Aug, 2026 Guidance | 10,100 | 330 | 260 | 160 | 44.7 | 7 | Oct 14, 2025 | J-GAAP |
| YoY | +7.4% | +14.2% | -8.5% | -9.1% | -9.7% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec - Feb, 2024 | 2,620 | 225 | 213 | 161 | 45.7 | 8.6 | Apr 11, 2025 | J-GAAP |
| Mar - May, 2025 | 2,176 | 9 | 52 | 35 | 9.9 | 0.4 | Jul 11, 2025 | J-GAAP |
| Jun - Aug, 2025 | 2,530 | 140 | 109 | 59 | 16.6 | 5.5 | Oct 14, 2025 | J-GAAP |
| Sep - Nov, 2025 | 2,052 | -134 | -131 | -87 | -24.4 | -6.5 | Jan 13, 2026 | J-GAAP |
| Dec - Feb, 2025 | 2,924 | 194 | 192 | 134 | 37.5 | 6.6 | Apr 13, 2026 | J-GAAP |
| YoY | +11.6% | -13.8% | -9.9% | -16.8% | -17.9% |
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