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Starts Publishing, Jan-Mar (1Q) Ordinary Profit Decreases by 29%

Tue May 12, 2026 3:30 pm JST Earnings

7849 Starts Publishing Corporation 【J-GAAP】

Earnings Report

Starts Publishing Corporation <7849> [TSE Std] announced its financial results after the market closed on May 12th (15:30). The ordinary profit (non-consolidated) for the first quarter of the fiscal year ending December 2026 (January to March) decreased 28.9% from the same period last year to 318 million yen. Progress toward the plan for the six months ending June (first half) of 910 million yen was 34.9%, also falling below the five-year average of 47.4%.

In the most recent three-month period, from January to March (1Q), the operating profit margin significantly dropped from 22.8% in the same period last year to 15.0%.

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Actual Results

Accumulated Results 1st Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Jan - Mar, 2024 2,218 667 671 482 125.7 53.3 May 13, 2024 J-GAAP
Jan - Mar, 2025 1,936 441 447 349 91.1 53.7 May 13, 2025 J-GAAP
Jan - Mar, 2026 2,003 301 318 229 60.0 34.9 May 12, 2026 J-GAAP
YoY +3.5% -31.7% -28.9% -34.4% -34.1%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan - Jun, 2025 3,771 749 832 655 170.8 40 Aug 8, 2025 J-GAAP
Jan - Jun, 2026 Guidance 4,100 800 910 640 168.3 50 Feb 12, 2026 J-GAAP
YoY +8.7% +6.8% +9.4% -2.3% -1.4%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2024 8,581 2,338 2,441 1,826 475.7 110 Feb 13, 2025 J-GAAP
Dec, 2025 8,143 1,756 1,876 1,377 358.7 120 Feb 12, 2026 J-GAAP
Dec, 2026 Guidance 9,000 2,000 2,160 1,500 394.5 130 Feb 12, 2026 J-GAAP
YoY +10.5% +13.9% +15.1% +8.9% +10.0%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jan - Mar, 2025 1,936 441 447 349 91.1 22.8 May 13, 2025 J-GAAP
Apr - Jun, 2025 1,835 308 385 306 79.8 16.8 Aug 8, 2025 J-GAAP
Jul - Sep, 2025 1,902 373 384 264 68.8 19.6 Nov 11, 2025 J-GAAP
Oct - Dec, 2025 2,470 634 660 458 119.3 25.7 Feb 12, 2026 J-GAAP
Jan - Mar, 2026 2,003 301 318 229 60.0 15.0 May 12, 2026 J-GAAP
YoY +3.5% -31.7% -28.9% -34.4% -34.1%

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