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KURARAY, Jan-Mar (1Q) Ordinary Profit Decreases by 23%
3405 KURARAY CO.,LTD. 【J-GAAP】
Earnings ReportKURARAY CO.,LTD. <3405> [TSE Prime] announced its financial results in the afternoon session on May 13th (13:00). The consolidated ordinary profit for the first quarter of the fiscal year ending December 2026 (January to March) decreased 22.9% from the same period last year to 13.7 billion yen. However, Progress toward the plan for the six months ending June (first half) of 21.0 billion yen was 65.5%, almost the same as the five-year average of 63.2%.
In the most recent three-month period, from January to March (1Q), the operating profit margin worsened from 9.6% in the same period last year to 7.4%.
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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 |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2024 | 192,183 | 28,793 | 27,861 | 21,614 | 64.6 | 63.3 | May 14, 2024 | J-GAAP |
| Jan - Mar, 2025 | 194,804 | 18,650 | 17,826 | 12,007 | 37.1 | 83.8 | May 14, 2025 | J-GAAP |
| Jan - Mar, 2026 | 200,913 | 14,870 | 13,745 | 7,802 | 25.6 | 65.5 | May 13, 2026 | J-GAAP |
| YoY | +3.1% | -20.3% | -22.9% | -35.0% | -30.9% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2025 | 399,958 | 26,261 | 21,284 | 14,039 | 43.5 | 27 | Aug 8, 2025 | J-GAAP |
| Jan - Jun, 2026 Guidance | 410,000 | 24,000 | 21,000 | 13,000 | 43.2 | 32 | Feb 10, 2026 | J-GAAP |
| YoY | +2.5% | -8.6% | -1.3% | -7.4% | -0.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2024 | 826,895 | 85,081 | 81,480 | 31,724 | 96.3 | 54 | Feb 12, 2025 | J-GAAP |
| Dec, 2025 | 808,447 | 58,882 | 51,515 | 7,468 | 23.6 | 54 | Feb 10, 2026 | J-GAAP |
| Dec, 2026 Guidance | 850,000 | 70,000 | 64,000 | 40,000 | 132.8 | 64 | Feb 10, 2026 | J-GAAP |
| YoY | +5.1% | +18.9% | +24.2% | +435.6% | +462.1% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 194,804 | 18,650 | 17,826 | 12,007 | 37.1 | 9.6 | May 14, 2025 | J-GAAP |
| Apr - Jun, 2025 | 205,154 | 7,611 | 3,458 | 2,032 | 6.3 | 3.7 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 193,466 | 20,097 | 18,805 | 8,745 | 27.4 | 10.4 | Nov 12, 2025 | J-GAAP |
| Oct - Dec, 2025 | 215,023 | 12,524 | 11,426 | -15,316 | -48.4 | 5.8 | Feb 10, 2026 | J-GAAP |
| Jan - Mar, 2026 | 200,913 | 14,870 | 13,745 | 7,802 | 25.6 | 7.4 | May 13, 2026 | J-GAAP |
| YoY | +3.1% | -20.3% | -22.9% | -35.0% | -30.9% |
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