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No.1, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 6%, Exceeded Record Profit Forecast

Tue Oct 14, 2025 3:30 pm JST Earnings

3562 No.1 Co.,Ltd 【J-GAAP】

Earnings Report

No.1 Co.,Ltd <3562> [TSE Std] announced its financial results after the market closed on October 14th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending February 2026 (March to August) expanded 0.66 billion yen, an increase 37.5% compared to the same period last year.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 5.9%, from the previous forecast of 1.28 billion yen to 1.35 billion yen (compared to 1.03 billion yen in the previous period), increasing the growth rate from 23.6% to 30.9%. The company has further increased its previous forecast of record profits for the first time in two years. However, the full-year forecast for consolidated net income has decreased 9.7%, from the previous forecast of 0.70 billion yen to 0.63 billion yen (compared to 0.57 billion yen in the previous period), leading to a reduction in the profit growth rate from 22.0% to 10.1%.

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 September to February period (second half) is expected to grow 25.2% from the same period last year, reaching 0.69 billion yen.

In the most recent three-month period, from June to August (2Q), the consolidated ordinary profit increased 30.6% from the same period last year, reaching 0.44 billion yen. The operating profit margin improved from 9.2% in the same period last year to 11.4%.

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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
Mar - Aug, 2023 6,584 474 468 356 53.7 38.5 Oct 13, 2023 J-GAAP
Mar - Aug, 2024 6,824 479 480 221 33.6 46.3 Oct 11, 2024 J-GAAP
Mar - Aug, 2025 7,655 590 660 324 48.1 48.7 Oct 14, 2025 J-GAAP
YoY +12.2% +23.2% +37.5% +46.6% +43.2%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar - Aug, 2025 Guidance ー ー ー ー － 18 Apr 11, 2025 J-GAAP
Mar - Aug, 2025 Results 7,655 590 660 324 48.1 18 Oct 14, 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
Feb, 2026 Prev 16,000 1,300 1,280 700 106.8 36 Apr 11, 2025 J-GAAP
Feb, 2026 New 17,921 1,300 1,356 632 96.4 36 Oct 14, 2025 J-GAAP
Revision Rate +12.0% 0.0% +5.9% -9.7% -9.7%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Sep - Feb, 2024 7,385 560 556 353 52.8 17.50 Apr 11, 2025 J-GAAP
Sep - Feb, 2025 Guidance 10,266 710 696 308 47.0 18 Oct 14, 2025 J-GAAP
YoY +39.0% +26.8% +25.2% -12.7% -11.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Feb, 2024 13,452 1,227 1,216 886 135.8 33 Apr 12, 2024 J-GAAP
Feb, 2025 14,209 1,039 1,036 574 85.8 35 Apr 11, 2025 J-GAAP
Feb, 2026 Guidance 17,921 1,300 1,356 632 96.4 36 Oct 14, 2025 J-GAAP
YoY +26.1% +25.1% +30.9% +10.1% +12.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jun - Aug, 2024 3,633 334 337 141 21.4 9.2 Oct 11, 2024 J-GAAP
Sep - Nov, 2024 3,428 158 157 75 11.3 4.6 Jan 10, 2025 J-GAAP
Dec - Feb, 2024 3,957 402 399 278 41.6 10.2 Apr 11, 2025 J-GAAP
Mar - May, 2025 3,769 148 220 42 6.2 3.9 Jul 14, 2025 J-GAAP
Jun - Aug, 2025 3,886 442 440 282 41.9 11.4 Oct 14, 2025 J-GAAP
YoY +7.0% +32.3% +30.6% +100.0% +95.3%

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