kabutan

Garden Co, First Half Ordinary Profit Decreases by 24%, Jun-Aug Ordinary Profit Decreases by 46%

Wed Oct 15, 2025 3:30 pm JST Earnings

274A Garden Co.,Ltd. 【J-GAAP】

Earnings Report

Garden Co.,Ltd. <274A> [TSE Std] announced its financial results after the market closed on October 15th (15:30). The ordinary profit (non-consolidated) for the cumulative second quarter of the fiscal year ending February 2026 (March to August) decreased 23.7% from the same period last year to 0.75 billion yen. Progress toward the full-year plan of 1.93 billion yen was 39.1%, also falling below the same period of the previous year of 57.4%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the September to February period (second half) is expected to expand 60.2% from the same period last year, reaching 1.17 billion yen.

In the most recent three-month period, from June to August (2Q), the ordinary profit dropped to 0.25 billion yen, a 46.3% decrease compared to the same period last year. The operating profit margin significantly dropped from 11.7% in the same period last year to 6.4%.

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
Mar - Aug, 2025 8,823 804 754 496 72.2 39.1 Oct 15, 2025 J-GAAP
YoY － － － － －

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar - Aug, 2025 Guidance ー ー ー ー － 45 Jul 14, 2025 J-GAAP
Mar - Aug, 2025 Results 8,823 804 754 496 72.2 45 Oct 15, 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
Sep - Feb, 2024 8,638 808 734 578 105.3 90 Apr 14, 2025 J-GAAP
Sep - Feb, 2025 Guidance 9,467 1,246 1,176 824 119.7 45 Oct 15, 2025 J-GAAP
YoY +9.6% +54.2% +60.2% +42.6% +13.7%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Feb, 2025 17,159 1,849 1,722 1,207 219.9 90 Apr 14, 2025 J-GAAP
Feb, 2026 Guidance 18,290 2,050 1,930 1,320 191.8 90 Apr 14, 2025 J-GAAP
YoY +6.6% +10.9% +12.1% +9.4% -12.8%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Sep - Nov, 2024 4,239 337 281 249 49.3 7.9 Jan 10, 2025 J-GAAP
Dec - Feb, 2024 4,399 471 453 329 60.0 10.7 Apr 14, 2025 J-GAAP
Mar - May, 2025 4,499 527 498 334 48.7 11.7 Jul 14, 2025 J-GAAP
Jun - Aug, 2025 4,324 277 256 162 23.6 6.4 Oct 15, 2025 J-GAAP
YoY － － － － －

Related Articles