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CAWACHI LIMITED, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 16%, Oct-Dec Ordinary Profit Decreases by 15%
2664 CAWACHI LIMITED 【J-GAAP】
Earnings ReportCAWACHI LIMITED <2664> [TSE Prime] announced its financial results after the market closed on January 27th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) decreased 16.0% from the same period last year to 5.43 billion yen. Progress toward the full-year plan of 7.00 billion yen was 77.7%, below the five-year average of 81.1%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the January to March period (4Q) is expected to decrease 16.3% from the same period last year to 1.56 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 1.63 billion yen, a 15.5% decrease compared to the same period last year. The operating profit margin worsened from 2.4% in the same period last year to 2.0%.
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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 - Dec, 2023 | 215,830 | 6,073 | 6,880 | 4,306 | 192.8 | 79.9 | Jan 25, 2024 | J-GAAP |
| Apr - Dec, 2024 | 216,995 | 5,781 | 6,475 | 3,986 | 178.5 | 77.6 | Jan 23, 2025 | J-GAAP |
| Apr - Dec, 2025 | 214,986 | 4,623 | 5,439 | 3,465 | 155.2 | 77.7 | Jan 27, 2026 | J-GAAP |
| YoY | -0.9% | -20.0% | -16.0% | -13.1% | -13.1% |
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 | 140,440 | 3,354 | 3,797 | 2,169 | 97.1 | 80 | Apr 24, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 141,643 | 2,791 | 3,194 | 1,243 | 55.7 | 100 | Oct 29, 2025 | J-GAAP |
| YoY | +0.9% | -16.8% | -15.9% | -42.7% | -42.7% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 285,960 | 7,601 | 8,609 | 4,713 | 211.0 | 80 | Apr 26, 2024 | J-GAAP |
| Mar, 2025 | 287,816 | 7,461 | 8,340 | 4,884 | 218.7 | 80 | Apr 24, 2025 | J-GAAP |
| Mar, 2026 Guidance | 287,000 | 6,000 | 7,000 | 3,700 | 165.7 | 100 | Oct 29, 2025 | J-GAAP |
| YoY | -0.3% | -19.6% | -16.1% | -24.2% | -24.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 69,619 | 1,674 | 1,932 | 1,271 | 56.9 | 2.4 | Jan 23, 2025 | J-GAAP |
| Jan - Mar, 2025 | 70,821 | 1,680 | 1,865 | 898 | 40.2 | 2.4 | Apr 24, 2025 | J-GAAP |
| Apr - Jun, 2025 | 71,025 | 1,249 | 1,611 | 1,045 | 46.8 | 1.8 | Jul 24, 2025 | J-GAAP |
| Jul - Sep, 2025 | 74,332 | 1,960 | 2,195 | 1,412 | 63.2 | 2.6 | Oct 29, 2025 | J-GAAP |
| Oct - Dec, 2025 | 69,629 | 1,414 | 1,633 | 1,008 | 45.1 | 2.0 | Jan 27, 2026 | J-GAAP |
| YoY | +0.0% | -15.5% | -15.5% | -20.7% | -20.7% |
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