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TOKYO BASE, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 9%, Exceeded Record Profit Forecast

Tue Sep 16, 2025 3:30 pm JST Earnings

3415 TOKYO BASE Co., Ltd. 【J-GAAP】

Earnings Report

TOKYO BASE Co., Ltd. <3415> [TSE Prime] announced its financial results after the market closed on September 16th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending January 2026 (February to July) increased 25.3% from the same period last year, reaching 0.68 billion yen.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 9.4%, from the previous forecast of 1.60 billion yen to 1.75 billion yen (compared to 1.47 billion yen in the previous period), increasing the growth rate from 8.5% to 18.6%. The company has further increased its previous forecast of record profits for the first time in eight years.

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 August to January period (second half) is expected to grow 14.7% from the same period last year, reaching 1.06 billion yen.

In the most recent three-month period, from May to July (2Q), the consolidated ordinary profit increased 40.5% from the same period last year, reaching 0.43 billion yen. However, the operating profit margin worsened from 8.3% in the same period last year to 7.8%.

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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
Feb - Jul, 2023 9,656 316 413 193 4.2 36.8 Sep 14, 2023 J-GAAP
Feb - Jul, 2024 9,109 523 545 256 5.8 36.9 Sep 17, 2024 J-GAAP
Feb - Jul, 2025 10,293 795 683 463 10.7 39.0 Sep 16, 2025 J-GAAP
YoY +13.0% +52.0% +25.3% +80.9% +82.5%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Feb - Jul, 2025 Guidance ー ー ー ー － 0 Mar 17, 2025 J-GAAP
Feb - Jul, 2025 Results 10,293 795 683 463 10.7 0 Sep 16, 2025 J-GAAP
Revision Rate － － － － －

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan, 2026 Prev 22,500 1,650 1,600 900 20.7 6 Mar 17, 2025 J-GAAP
Jan, 2026 New 23,000 1,900 1,750 1,200 27.6 6 Sep 16, 2025 J-GAAP
Revision Rate +2.2% +15.2% +9.4% +33.3% +33.3%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Aug - Jan, 2024 11,098 949 930 520 12.0 5 Mar 17, 2025 J-GAAP
Aug - Jan, 2025 Guidance 12,707 1,105 1,067 737 17.0 6 Sep 16, 2025 J-GAAP
YoY +14.5% +16.4% +14.7% +41.7% +41.8%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan, 2024 19,986 881 1,122 335 7.3 4 Mar 18, 2024 J-GAAP
Jan, 2025 20,207 1,472 1,475 776 17.9 5 Mar 17, 2025 J-GAAP
Jan, 2026 Guidance 23,000 1,900 1,750 1,200 27.6 6 Sep 16, 2025 J-GAAP
YoY +13.8% +29.1% +18.6% +54.6% +54.7%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
May - Jul, 2024 4,339 360 306 156 3.6 8.3 Sep 17, 2024 J-GAAP
Aug - Oct, 2024 4,426 121 123 33 0.8 2.7 Dec 16, 2024 J-GAAP
Nov - Jan, 2024 6,672 828 807 487 11.2 12.4 Mar 17, 2025 J-GAAP
Feb - Apr, 2025 4,940 377 253 189 4.4 7.6 Jun 16, 2025 J-GAAP
May - Jul, 2025 5,353 418 430 274 6.3 7.8 Sep 16, 2025 J-GAAP
YoY +23.4% +16.1% +40.5% +75.6% +77.2%

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