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AZUMA HOUSE, First Half Ordinary Profit Decreases by 42%
3293 AZUMA HOUSE Co.,Ltd. 【J-GAAP】
Earnings ReportAZUMA HOUSE Co.,Ltd. <3293> [TSE Std] announced its financial results in the afternoon session on November 14th (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) dropped 41.8% from the same period last year to 0.38 billion yen, fell short of the previous forecast of 0.54 billion yen.
Progress toward the full-year plan of 1.18 billion yen was 32.2%, also falling below the five-year average of 47.7%.
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 expand 60.3% from the same period last year, reaching 0.80 billion yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit significantly dropped to 0.16 billion yen, a 55.3% decrease compared to the same period last year. The operating profit margin worsened from 9.9% in the same period last year to 7.4%.
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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 | 5,957 | 443 | 425 | 289 | 36.0 | 44.2 | Nov 14, 2023 | J-GAAP |
| Apr - Sep, 2024 | 6,685 | 687 | 653 | 445 | 55.4 | 56.7 | Nov 14, 2024 | J-GAAP |
| Apr - Sep, 2025 | 5,073 | 423 | 380 | 238 | 29.6 | 32.2 | Nov 14, 2025 | J-GAAP |
| YoY | -24.1% | -38.4% | -41.8% | -46.5% | -46.6% |
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 | 5,870 | 582 | 542 | 370 | 46.0 | 17.50 | May 15, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 5,073 | 423 | 380 | 238 | 29.6 | 17.50 | Nov 14, 2025 | J-GAAP |
| Revision Rate | -13.6% | -27.3% | -29.9% | -35.7% | -35.6% |
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 | 6,594 | 543 | 499 | 320 | 39.8 | 17.50 | May 15, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 7,847 | 837 | 800 | 546 | 67.8 | 17.50 | Nov 14, 2025 | J-GAAP |
| YoY | +19.0% | +54.1% | +60.3% | +70.6% | +70.6% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 13,087 | 1,012 | 961 | 797 | 99.1 | 35 | May 15, 2024 | J-GAAP |
| Mar, 2025 | 13,279 | 1,230 | 1,152 | 765 | 95.1 | 35 | May 15, 2025 | J-GAAP |
| Mar, 2026 Guidance | 12,920 | 1,260 | 1,180 | 784 | 97.4 | 35 | May 15, 2025 | J-GAAP |
| YoY | -2.7% | +2.4% | +2.4% | +2.5% | +2.4% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 3,925 | 389 | 374 | 254 | 31.6 | 9.9 | Nov 14, 2024 | J-GAAP |
| Oct - Dec, 2024 | 3,369 | 313 | 293 | 195 | 24.2 | 9.3 | Feb 14, 2025 | J-GAAP |
| Jan - Mar, 2025 | 3,225 | 230 | 206 | 125 | 15.5 | 7.1 | May 15, 2025 | J-GAAP |
| Apr - Jun, 2025 | 2,613 | 242 | 213 | 134 | 16.7 | 9.3 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 2,460 | 181 | 167 | 104 | 12.9 | 7.4 | Nov 14, 2025 | J-GAAP |
| YoY | -37.3% | -53.5% | -55.3% | -59.1% | -59.1% |
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