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CROSS CAT, First Half Ordinary Profit Increases by 2%, Jul-Sep Ordinary Profit Decreases by 2%
2307 CROSS CAT CO.,LTD. 【J-GAAP】
Earnings ReportCROSS CAT CO.,LTD. <2307> [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) was 0.91 billion yen, a 1.8% increase compared to the same period last year. However, Progress toward the full-year plan of 1.99 billion yen was 45.9%, almost the same as the five-year average of 43.0%.
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 7.6% from the same period last year, reaching 1.07 billion yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit amounted to 0.54 billion yen, a 1.8% decrease compared to the same period last year. The operating profit margin decreased from 13.5% in the same period last year to 12.6%.
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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 |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2023 | 7,160 | 669 | 709 | 473 | 32.4 | 45.2 | Nov 7, 2023 | J-GAAP |
| Apr - Sep, 2024 | 8,040 | 865 | 898 | 583 | 41.2 | 47.3 | Nov 6, 2024 | J-GAAP |
| Apr - Sep, 2025 | 8,223 | 881 | 914 | 665 | 47.5 | 45.9 | Nov 7, 2025 | J-GAAP |
| YoY | +2.3% | +1.8% | +1.8% | +14.1% | +15.3% |
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 | 8,200 | 870 | 900 | 650 | 46.4 | 0 | Sep 18, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 8,223 | 881 | 914 | 665 | 47.5 | 0 | Nov 7, 2025 | J-GAAP |
| Revision Rate | +0.3% | +1.3% | +1.6% | +2.3% | +2.2% |
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 | 8,154 | 971 | 1,000 | 733 | 51.9 | 33 | May 13, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 8,877 | 1,049 | 1,076 | 685 | 48.9 | 34 | Nov 7, 2025 | J-GAAP |
| YoY | +8.9% | +8.0% | +7.6% | -6.5% | -5.7% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 14,931 | 1,521 | 1,570 | 1,311 | 90.3 | 28 | May 15, 2024 | J-GAAP |
| Mar, 2025 | 16,194 | 1,836 | 1,898 | 1,316 | 93.2 | 33 | May 13, 2025 | J-GAAP |
| Mar, 2026 Guidance | 17,100 | 1,930 | 1,990 | 1,350 | 96.5 | 34 | May 13, 2025 | J-GAAP |
| YoY | +5.6% | +5.1% | +4.8% | +2.6% | +3.5% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 4,160 | 561 | 555 | 361 | 25.5 | 13.5 | Nov 6, 2024 | J-GAAP |
| Oct - Dec, 2024 | 4,095 | 550 | 560 | 378 | 26.7 | 13.4 | Feb 5, 2025 | J-GAAP |
| Jan - Mar, 2025 | 4,059 | 421 | 440 | 355 | 25.1 | 10.4 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 3,957 | 342 | 369 | 302 | 21.6 | 8.6 | Aug 5, 2025 | J-GAAP |
| Jul - Sep, 2025 | 4,266 | 539 | 545 | 363 | 25.9 | 12.6 | Nov 7, 2025 | J-GAAP |
| YoY | +2.5% | -3.9% | -1.8% | +0.6% | +1.6% |
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