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Vega, First Half Ordinary Profit Increases by 51%, Jul-Sep Ordinary Profit Increases by 94%
3542 Vega corporation Co.,Ltd. 【J-GAAP】
Earnings ReportVega corporation Co.,Ltd. <3542> [TSE Growth] announced its financial results after the market closed on October 31st (15:30). The ordinary profit (non-consolidated) for the cumulative second quarter of the fiscal year ending March 2026 (April to September) expanded 0.45 billion yen, an increase 51.3% compared to the same period last year. However, Progress toward the full-year plan of 1.10 billion yen was 41.0%, almost the same as the five-year average of 38.6%.
Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the October to March period (second half) is expected to grow 1.4% from the same period last year, reaching 0.64 billion yen.
In the most recent three-month period, from July to September (2Q), the ordinary profit increased 93.7% from the same period last year, reaching 0.18 billion yen. The operating profit margin improved from 2.6% in the same period last year to 4.5%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2023 | 7,905 | 27 | 36 | 24 | 2.3 | 4.6 | Oct 31, 2023 | J-GAAP |
| Apr - Sep, 2024 | 7,123 | 294 | 298 | 191 | 18.5 | 31.8 | Oct 31, 2024 | J-GAAP |
| Apr - Sep, 2025 | 8,289 | 443 | 451 | 295 | 28.4 | 41.0 | Oct 31, 2025 | J-GAAP |
| YoY | +16.4% | +50.7% | +51.3% | +54.5% | +53.7% |
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 | 8,000 | 400 | 400 | 240 | 22.7 | 0 | May 15, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 8,289 | 443 | 451 | 295 | 28.4 | 0 | Oct 31, 2025 | J-GAAP |
| Revision Rate | +3.6% | +10.8% | +12.8% | +22.9% | +25.4% |
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 | 8,812 | 632 | 640 | 400 | 38.7 | 11 | May 15, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 9,211 | 657 | 649 | 365 | 34.4 | 12 | Oct 31, 2025 | J-GAAP |
| YoY | +4.5% | +4.0% | +1.4% | -8.8% | -11.2% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 16,063 | 771 | 790 | 394 | 37.8 | 10 | May 15, 2024 | J-GAAP |
| Mar, 2025 | 15,935 | 926 | 938 | 591 | 57.2 | 11 | May 15, 2025 | J-GAAP |
| Mar, 2026 Guidance | 17,500 | 1,100 | 1,100 | 660 | 62.2 | 12 | May 15, 2025 | J-GAAP |
| YoY | +9.8% | +18.8% | +17.3% | +11.7% | +8.6% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 3,525 | 92 | 95 | 61 | 5.9 | 2.6 | Oct 31, 2024 | J-GAAP |
| Oct - Dec, 2024 | 4,114 | 213 | 214 | 136 | 13.2 | 5.2 | Jan 31, 2025 | J-GAAP |
| Jan - Mar, 2025 | 4,698 | 419 | 426 | 264 | 25.6 | 8.9 | May 15, 2025 | J-GAAP |
| Apr - Jun, 2025 | 4,351 | 264 | 267 | 178 | 17.3 | 6.1 | Jul 31, 2025 | J-GAAP |
| Jul - Sep, 2025 | 3,938 | 179 | 184 | 117 | 11.3 | 4.5 | Oct 31, 2025 | J-GAAP |
| YoY | +11.7% | +94.6% | +93.7% | +91.8% | +91.0% |
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