kabutan

Showa Sangyo, First Half Ordinary Profit Decreases by 12%

Fri Nov 7, 2025 3:30 pm JST Earnings

2004 Showa Sangyo Co., Ltd. 【J-GAAP】

Earnings Report

Showa Sangyo Co., Ltd. <2004> [TSE Prime] announced its financial results after the market closed on November 7th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) decreased 11.9% from the same period last year to 7.27 billion yen. However, Progress toward the full-year plan of 13.0 billion yen was 56.0%, also surpassing the five-year average of 52.3%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to grow 7.4% from the same period last year, reaching 5.72 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit decreased to 2.88 billion yen, a 6.1% decrease compared to the same period last year. The operating profit margin remained almost flat, changing from 3.3% in the same period last year to 3.1%.

Kabutan News

Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Sep, 2023 175,582 7,352 8,558 5,730 171.3 51.7 Nov 10, 2023 J-GAAP
Apr - Sep, 2024 168,582 6,867 8,262 7,586 232.1 60.8 Nov 8, 2024 J-GAAP
Apr - Sep, 2025 166,701 6,054 7,278 5,768 177.6 56.0 Nov 7, 2025 J-GAAP
YoY -1.1% -11.8% -11.9% -24.0% -23.5%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2025 Guidance ー ー ー ー － 50 May 12, 2025 J-GAAP
Apr - Sep, 2025 Results 166,701 6,054 7,278 5,768 177.6 50 Nov 7, 2025 J-GAAP
Revision Rate － － － － －

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 165,843 4,259 5,329 4,013 123.2 60 May 12, 2025 J-GAAP
Oct - Mar, 2025 Guidance 173,299 4,946 5,722 3,732 114.8 50 Nov 7, 2025 J-GAAP
YoY +4.5% +16.1% +7.4% -7.0% -6.8%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 346,358 13,146 16,558 12,358 369.4 80 May 13, 2024 J-GAAP
Mar, 2025 334,425 11,126 13,591 11,599 356.0 100 May 12, 2025 J-GAAP
Mar, 2026 Guidance 340,000 11,000 13,000 9,500 292.3 100 May 12, 2025 J-GAAP
YoY +1.7% -1.1% -4.3% -18.1% -17.9%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 82,653 2,749 3,071 2,264 69.3 3.3 Nov 8, 2024 J-GAAP
Oct - Dec, 2024 87,087 2,878 3,784 2,811 86.2 3.3 Feb 7, 2025 J-GAAP
Jan - Mar, 2025 78,756 1,381 1,545 1,202 36.9 1.8 May 12, 2025 J-GAAP
Apr - Jun, 2025 84,647 3,534 4,393 2,897 89.2 4.2 Aug 7, 2025 J-GAAP
Jul - Sep, 2025 82,054 2,520 2,885 2,871 88.4 3.1 Nov 7, 2025 J-GAAP
YoY -0.7% -8.3% -6.1% +26.8% +27.6%

Related Articles