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Wakou Shokuhin, First Half Ordinary Profit Decreases by 27%, Jul-Sep Ordinary Profit Decreases by 7%
2813 Wakou Shokuhin Co.,Ltd. 【J-GAAP】
Earnings ReportWakou Shokuhin Co.,Ltd. <2813> [TSE Std] announced its financial results in the afternoon session on November 14th (13:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) decreased 26.7% from the same period last year to 0.47 billion yen. Progress toward the full-year plan of 1.47 billion yen was 32.2%, also falling below the five-year average of 36.4%.
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 4.0% from the same period last year, reaching 0.99 billion yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit decreased to 0.22 billion yen, a 6.9% decrease compared to the same period last year. The operating profit margin worsened from 6.5% in the same period last year to 5.4%.
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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 | 7,197 | 559 | 580 | 403 | 162.3 | 37.7 | Nov 14, 2023 | J-GAAP |
| Apr - Sep, 2024 | 7,759 | 636 | 648 | 483 | 194.0 | 40.3 | Nov 14, 2024 | J-GAAP |
| Apr - Sep, 2025 | 8,035 | 465 | 475 | 328 | 131.6 | 32.2 | Nov 14, 2025 | J-GAAP |
| YoY | +3.6% | -26.9% | -26.7% | -32.1% | -32.2% |
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 | 8,034 | 503 | 506 | 325 | 130.3 | 0 | May 15, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 8,035 | 465 | 475 | 328 | 131.6 | 0 | Nov 14, 2025 | J-GAAP |
| Revision Rate | +0.0% | -7.6% | -6.1% | +0.9% | +1.1% |
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 | 8,490 | 955 | 961 | 725 | 291.1 | 97 | May 15, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 9,077 | 1,007 | 999 | 744 | 298.2 | 86 | Nov 14, 2025 | J-GAAP |
| YoY | +6.9% | +5.4% | +4.0% | +2.6% | +2.4% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 15,416 | 1,489 | 1,540 | 1,090 | 438.2 | 66 | May 15, 2024 | J-GAAP |
| Mar, 2025 | 16,249 | 1,591 | 1,609 | 1,208 | 485.0 | 97 | May 15, 2025 | J-GAAP |
| Mar, 2026 Guidance | 17,112 | 1,472 | 1,474 | 1,072 | 429.6 | 86 | May 15, 2025 | J-GAAP |
| YoY | +5.3% | -7.5% | -8.4% | -11.3% | -11.4% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 3,853 | 249 | 245 | 170 | 68.3 | 6.5 | Nov 14, 2024 | J-GAAP |
| Oct - Dec, 2024 | 4,552 | 546 | 555 | 395 | 158.7 | 12.0 | Feb 14, 2025 | J-GAAP |
| Jan - Mar, 2025 | 3,938 | 409 | 406 | 330 | 132.5 | 10.4 | May 15, 2025 | J-GAAP |
| Apr - Jun, 2025 | 3,877 | 241 | 247 | 180 | 72.4 | 6.2 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 4,158 | 224 | 228 | 148 | 59.4 | 5.4 | Nov 14, 2025 | J-GAAP |
| YoY | +7.9% | -10.0% | -6.9% | -12.9% | -13.0% |
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