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AMIYAKI TEI, Ordinary Profit Forecast for the Fiscal Year Revised Downward to an Unexpected 16% Decrease
2753 AMIYAKI TEI CO.,LTD. 【J-GAAP】
Earnings ReportAMIYAKI TEI CO.,LTD. <2753> [TSE Prime] announced its financial results in the morning on October 3rd (09:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) decreased 25.2% from the same period last year to 1.03 billion yen, resulting in a decrease in profits compared to the previous forecast of a 5.6% increase.
In addition, the full-year forecast for consolidated ordinary profit has decreased 23.3%, from the previous forecast of 3.00 billion yen to 2.30 billion yen (compared to 2.72 billion yen in the previous period). This changes the outlook from an anticipated profit increase to a projection of a 15.6% decrease in profit.
Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to decrease 5.8% from the same period last year to 1.26 billion yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit decreased to 0.51 billion yen, a 23.5% decrease compared to the same period last year. The operating profit margin worsened from 7.4% in the same period last year to 5.3%.
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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 | 15,990 | 946 | 976 | 536 | 26.1 | 42.2 | Oct 2, 2023 | J-GAAP |
| Apr - Sep, 2024 | 17,584 | 1,348 | 1,383 | 819 | 39.9 | 50.7 | Oct 2, 2024 | J-GAAP |
| Apr - Sep, 2025 | 18,136 | 986 | 1,035 | 540 | 26.3 | 45.0 | Oct 3, 2025 | J-GAAP |
| YoY | +3.1% | -26.9% | -25.2% | -34.1% | -34.0% |
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 | 19,100 | 1,420 | 1,460 | 930 | 45.3 | 17 | Apr 4, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 18,136 | 986 | 1,035 | 540 | 26.3 | 17 | Oct 3, 2025 | J-GAAP |
| Revision Rate | -5.0% | -30.6% | -29.1% | -41.9% | -41.8% |
Guidance Update
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 38,800 | 2,910 | 3,000 | 1,910 | 93.0 | 34 | Apr 4, 2025 | J-GAAP |
| Mar, 2026 New | 38,600 | 2,200 | 2,300 | 1,220 | 59.4 | 34 | Oct 3, 2025 | J-GAAP |
| Revision Rate | -0.5% | -24.4% | -23.3% | -36.1% | -36.1% |
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 | 17,748 | 1,290 | 1,343 | 917 | 44.6 | 17 | Apr 4, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 20,464 | 1,214 | 1,265 | 680 | 33.1 | 17 | Oct 3, 2025 | J-GAAP |
| YoY | +15.3% | -5.9% | -5.8% | -25.8% | -25.9% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 33,267 | 2,221 | 2,311 | 1,307 | 63.6 | 30 | Apr 2, 2024 | J-GAAP |
| Mar, 2025 | 35,332 | 2,638 | 2,726 | 1,736 | 84.5 | 34 | Apr 4, 2025 | J-GAAP |
| Mar, 2026 Guidance | 38,600 | 2,200 | 2,300 | 1,220 | 59.4 | 34 | Oct 3, 2025 | J-GAAP |
| YoY | +9.2% | -16.6% | -15.6% | -29.7% | -29.7% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 8,843 | 655 | 668 | 393 | 19.2 | 7.4 | Oct 2, 2024 | J-GAAP |
| Oct - Dec, 2024 | 8,553 | 569 | 597 | 369 | 18.0 | 6.7 | Jan 6, 2025 | J-GAAP |
| Jan - Mar, 2025 | 9,195 | 721 | 746 | 548 | 26.7 | 7.8 | Apr 4, 2025 | J-GAAP |
| Apr - Jun, 2025 | 8,981 | 505 | 524 | 272 | 13.3 | 5.6 | Jul 3, 2025 | J-GAAP |
| Jul - Sep, 2025 | 9,155 | 481 | 511 | 268 | 13.1 | 5.3 | Oct 3, 2025 | J-GAAP |
| YoY | +3.5% | -26.6% | -23.5% | -31.8% | -31.8% |
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