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MERCURY Inc, Ordinary Profit Forecast for Last Fiscal Year Revised Downward by 32%
5025 MERCURY Inc. 【J-GAAP】
Guidance Update ReportMERCURY Inc. <5025> [TSE Growth] announced a performance revision after the market closed on April 13th (17:00). The ordinary profit (non-consolidated) forecast for the fiscal year ending February 2026 has decreased 31.7%, from the previous forecast of 120 million yen to 82 million yen (compared to 166 million yen in the previous period), leading to an increase in the profit decline rate from 27.7% to 50.6%. However, the full-year forecast for net income has been revised upward 90.6%, from the previous forecast of 85 million yen to 162 million yen (compared to 126 million yen in the previous period), reaches new record high for the first time in four terms, turning to a 28.6% increase in the net income outlook.
Based on the downwardly revised full-year plan announced by the company, our calculation indicates that the September to February period (second half) ordinary profit has decreased 59.4%, from the previous forecast of 64 million yen to 26 million yen (compared to 137 million yen in the same period of the previous year), leading to an increase in the profit decline rate from 53.3% to 81.0%.
Kabutan News
Guidance Update
Second Half Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Sep - Feb, 2025 Prev | 809 | 62 | 64 | 49 | 18.4 | 0 | Oct 15, 2025 | J-GAAP |
| Sep - Feb, 2025 New | 810 | 26 | 26 | 126 | 48.8 | 0 | Apr 13, 2026 | J-GAAP |
| Revision Rate | +0.1% | -58.1% | -59.4% | +157.1% | +165.5% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Feb, 2026 Prev | 1,600 | 110 | 120 | 85 | 31.9 | 0 | Apr 14, 2025 | J-GAAP |
| Feb, 2026 New | 1,601 | 74 | 82 | 162 | 62.7 | 0 | Apr 13, 2026 | J-GAAP |
| Revision Rate | +0.1% | -32.7% | -31.7% | +90.6% | +96.9% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Sep - Feb, 2024 | 1,020 | 134 | 137 | 109 | 42.2 | 0 | Apr 14, 2025 | J-GAAP |
| Sep - Feb, 2025 Guidance | 810 | 26 | 26 | 126 | 48.8 | 0 | Apr 13, 2026 | J-GAAP |
| YoY | -20.6% | -80.6% | -81.0% | +15.6% | +15.5% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Feb, 2024 | 1,437 | 56 | 59 | 48 | 18.3 | 0 | Apr 15, 2024 | J-GAAP |
| Feb, 2025 | 1,763 | 170 | 166 | 126 | 48.8 | 0 | Apr 14, 2025 | J-GAAP |
| Feb, 2026 Guidance | 1,601 | 74 | 82 | 162 | 62.7 | 0 | Apr 13, 2026 | J-GAAP |
| YoY | -9.2% | -56.5% | -50.6% | +28.6% | +28.5% |
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