Asia Air Survey, First Half Ordinary Profit Decreases by 12%, Exceeds Full-Year Plan
9233 Asia Air Survey Co.,Ltd. 【J-GAAP】
Earnings ReportAsia Air Survey Co.,Ltd. <9233> [TSE Std] announced its financial results after the market closed on May 15th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending September 2026 (October 2025 to March 2026) decreased 12.0% from the same period last year to 3.23 billion yen. Progress toward the full-year plan of 3.07 billion yen is 105.4%, but it was lower than the five-year average of 142.5%.
Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary loss for the April to September period (second half) is expected to further decrease loss of 0.16 billion yen (compared to a loss of 0.65 billion yen in the same period last year).
In the most recent three-month period, from January to March (2Q), the consolidated ordinary profit decreased to 3.25 billion yen, an 18.7% decrease compared to the same period last year. The operating profit margin decreased from 25.3% in the same period last year to 22.6%.
Kabutan News
Actual Performance and Financial Trends
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Progress Rate vs. First Half |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
24,612M | 4,657M | 4,469M | 2,976M | 164.2 | 147.1 | May 10, 2024 | J-GAAP |
|
|
24,575M | 3,838M | 3,678M | 2,431M | 133.7 | 121.7 | May 9, 2025 | J-GAAP |
|
|
23,627M | 3,447M | 3,237M | 2,081M | 114.4 | 105.4 | May 15, 2026 | J-GAAP |
| YoY | -3.9% | -10.2% | -12.0% | -14.4% | -14.4% |
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2025 Guidance | ー | ー | ー | ー | － | 20 | Nov 14, 2025 | J-GAAP |
| Oct - Mar, 2025 Results | 23,627M | 3,447M | 3,237M | 2,081M | 114.4 | 20 | May 15, 2026 | J-GAAP |
| Revision Rate | － | － | － | － | － |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
17,016M | -982M | -655M | -628M | -34.5 | 29 | Nov 14, 2025 | J-GAAP |
|
Guidance
Apr - Sep, 2026
|
21,373M | -447M | -167M | -51M | -2.8 | 24 | May 15, 2026 | J-GAAP |
| YoY | +25.6% | +54.5% | +74.5% | +91.9% | +91.9% |
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
40,270M | 2,850M | 3,039M | 1,902M | 104.7 | 44 | Nov 15, 2024 | J-GAAP |
|
|
41,591M | 2,856M | 3,023M | 1,803M | 99.1 | 44 | Nov 14, 2025 | J-GAAP |
|
Guidance
Sep, 2026
|
45,000M | 3,000M | 3,070M | 2,030M | 111.6 | 44 | Nov 14, 2025 | J-GAAP |
| YoY | +8.2% | +5.0% | +1.6% | +12.6% | +12.6% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Operating Profit Margin |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
16,073M | 4,060M | 4,010M | 2,755M | 151.5 | 25.3 | May 9, 2025 | J-GAAP |
|
|
6,185M | -1,524M | -1,432M | -1,139M | -62.6 | -24.6 | Aug 8, 2025 | J-GAAP |
|
|
10,831M | 542M | 777M | 511M | 28.1 | 5.0 | Nov 14, 2025 | J-GAAP |
|
|
8,851M | 112M | -22M | -145M | -8.0 | 1.3 | Feb 13, 2026 | J-GAAP |
|
|
14,776M | 3,335M | 3,259M | 2,226M | 122.4 | 22.6 | May 15, 2026 | J-GAAP |
| YoY | -8.1% | -17.9% | -18.7% | -19.2% | -19.2% |
Related Articles
-
FaithNetwork, 12% Increase in Ordinary Profit, Update Record High for Third Consecutive Term, Increased Previous Year's Dividend by 2.5 Yen, This Fiscal Year to Increase Dividend by 2.5 Yen
Fri May 15, 2026 3:30 pm JST Earnings -
Rentracks, 21% Increase in Ordinary Profit, Record High for The First Time in Two Years, Dividend Raised by 1 Yen
Fri May 15, 2026 3:30 pm JST Earnings -
SACS BAR, 5% Increase in Ordinary Profit for The Current Fiscal Year
Fri May 15, 2026 3:30 pm JST Earnings -
Cyfuse Biomedical, Jan-Mar (1Q) Ordinary Profit Loss Widens
Fri May 15, 2026 3:30 pm JST Earnings -
PIALA, Jan-Mar (1Q) Ordinary Profit Decreases by 74%, Exceeds First Half Plan
Fri May 15, 2026 3:30 pm JST Earnings -
Batonz, 6% Increase in Ordinary Profit, Update Record High for Second Consecutive Term
Fri May 15, 2026 3:30 pm JST Earnings -
BASE, Jan-Mar (1Q) Ordinary Profit Decreases by 9%
Fri May 15, 2026 3:30 pm JST Earnings -
RaQualia Pharma, Jan-Mar (1Q) Ordinary Profit Turns to Loss
Fri May 15, 2026 3:30 pm JST Earnings -
PORT, 22% Increase in Net Income, Update Record High for Fifth Consecutive Term, Dividend Raised by 1 Yen
Fri May 15, 2026 3:30 pm JST Earnings -
TRE HOLDINGS, 70% Decrease in Ordinary Profit for The Current Fiscal Year
Fri May 15, 2026 3:30 pm JST Earnings