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QB Net, Jul-Mar (Cumulative 3Q) Net Income Decreases by 4%, Jan-Mar Net Income Decreases by 57%
6571 QB Net Holdings Co.,Ltd. 【IFRS】
Earnings ReportQB Net Holdings Co.,Ltd. <6571> [TSE Prime] announced its financial results (based on IFRS) after the market closed on May 14th (17:00). The consolidated net income for the cumulative third quarter of the fiscal year ending June 2026 (July 2025 to March 2026) decreased 3.9% from the same period last year to 0.58 billion yen. Progress toward the full-year plan of 1.40 billion yen was 41.7%, also falling below the five-year average of 65.0%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated net income for the April to June period (4Q) is expected to expand 97.1% from the same period last year, reaching 0.81 billion yen.
In the most recent three-month period, from January to March (3Q), the consolidated net income significantly dropped to 0.08 billion yen, a 57.1% decrease compared to the same period last year. The operating profit margin worsened from 5.3% in the same period last year to 3.0%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Mar, 2023 | 18,274 | 1,660 | 1,551 | 1,078 | 82.4 | 79.0 | May 14, 2024 | IFRS |
| Jul - Mar, 2024 | 18,768 | 1,051 | 902 | 608 | 46.3 | 61.0 | May 14, 2025 | IFRS |
| Jul - Mar, 2025 | 20,027 | 1,060 | 886 | 584 | 44.0 | 44.3 | May 14, 2026 | IFRS |
| YoY | +6.7% | +0.9% | -1.8% | -3.9% | -5.1% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2025 | 12,957 | 962 | 849 | 605 | 46.1 | 35 | Aug 13, 2025 | IFRS |
| Jan - Jun, 2026 Guidance | 13,869 | 1,334 | 1,248 | 898 | 66.7 | 40 | Feb 13, 2026 | IFRS |
| YoY | +7.0% | +38.7% | +47.0% | +48.4% | +44.7% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jun, 2024 | 24,757 | 2,115 | 1,964 | 1,301 | 99.4 | 27 | Aug 13, 2024 | IFRS |
| Jun, 2025 | 25,543 | 1,685 | 1,478 | 1,022 | 77.8 | 35 | Aug 13, 2025 | IFRS |
| Jun, 2026 Guidance | 27,350 | 2,200 | 2,000 | 1,400 | 104.0 | 40 | Aug 13, 2025 | IFRS |
| YoY | +7.1% | +30.6% | +35.3% | +37.0% | +33.6% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 6,182 | 328 | 273 | 191 | 14.6 | 5.3 | May 14, 2025 | IFRS |
| Apr - Jun, 2025 | 6,775 | 634 | 576 | 414 | 31.5 | 9.4 | Aug 13, 2025 | IFRS |
| Jul - Sep, 2025 | 6,809 | 603 | 549 | 379 | 28.7 | 8.9 | Nov 12, 2025 | IFRS |
| Oct - Dec, 2025 | 6,672 | 263 | 203 | 123 | 9.3 | 3.9 | Feb 13, 2026 | IFRS |
| Jan - Mar, 2026 | 6,546 | 194 | 134 | 82 | 6.2 | 3.0 | May 14, 2026 | IFRS |
| YoY | +5.9% | -40.9% | -50.9% | -57.1% | -57.6% |
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