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Fujisan Magazine Service, First Half Ordinary Profit Decreases by 74%, Apr-Jun Ordinary Profit Decreases by 63%
3138 Fujisan Magazine Service Co.,Ltd. 【J-GAAP】
Earnings ReportFujisan Magazine Service Co.,Ltd. <3138> [TSE Growth] announced its financial results after the market closed on August 14th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending December 2025 (January to June) significantly dropped 74.4% from the same period last year to 51 million yen. Progress toward the full-year plan of 144 million yen was 35.4%, also falling below the five-year average of 51.2%.
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 July to December period (second half) is expected to decrease 6.1% from the same period last year to 93 million yen.
In the most recent three-month period, from April to June (2Q), the consolidated ordinary profit significantly dropped to 27 million yen, a 63.0% decrease compared to the same period last year. The operating profit margin drastically worsened from 5.5% in the same period last year to 1.8%.
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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 |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2023 | 2,914 | 164 | 163 | 99 | 31.6 | 45.9 | Aug 14, 2023 | J-GAAP |
| Jan - Jun, 2024 | 2,776 | 202 | 199 | 127 | 39.1 | 66.8 | Aug 13, 2024 | J-GAAP |
| Jan - Jun, 2025 | 2,861 | 49 | 51 | 20 | 6.3 | 35.4 | Aug 14, 2025 | J-GAAP |
| YoY | +3.1% | -75.7% | -74.4% | -84.3% | -83.8% |
First Half Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2025 Guidance | 2,861 | 49 | 51 | 20 | 6.1 | 0 | Jul 31, 2025 | J-GAAP |
| Jan - Jun, 2025 Results | 2,861 | 49 | 51 | 20 | 6.3 | 0 | Aug 14, 2025 | J-GAAP |
| Revision Rate | 0.0% | 0.0% | 0.0% | 0.0% | +4.3% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Dec, 2024 | 2,842 | 106 | 99 | 44 | 13.4 | 16 | Feb 14, 2025 | J-GAAP |
| Jul - Dec, 2025 Guidance | 2,939 | 91 | 93 | 50 | 15.1 | 21 | Jul 31, 2025 | J-GAAP |
| YoY | +3.4% | -14.2% | -6.1% | +13.6% | +13.0% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2023 | 5,771 | 357 | 355 | 222 | 69.9 | 16 | Feb 13, 2024 | J-GAAP |
| Dec, 2024 | 5,618 | 308 | 298 | 171 | 52.1 | 16 | Feb 14, 2025 | J-GAAP |
| Dec, 2025 Guidance | 5,800 | 140 | 144 | 70 | 21.2 | 21 | Jul 31, 2025 | J-GAAP |
| YoY | +3.2% | -54.5% | -51.7% | -59.1% | -59.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Jun, 2024 | 1,363 | 75 | 73 | 46 | 14.2 | 5.5 | Aug 13, 2024 | J-GAAP |
| Jul - Sep, 2024 | 1,357 | 11 | 8 | -10 | -3.1 | 0.8 | Nov 14, 2024 | J-GAAP |
| Oct - Dec, 2024 | 1,485 | 95 | 91 | 54 | 16.4 | 6.4 | Feb 14, 2025 | J-GAAP |
| Jan - Mar, 2025 | 1,421 | 23 | 24 | 6 | 2.1 | 1.6 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 1,440 | 26 | 27 | 14 | 4.4 | 1.8 | Aug 14, 2025 | J-GAAP |
| YoY | +5.6% | -65.3% | -63.0% | -69.6% | -68.8% |
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