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MarkLines, First Half Ordinary Profit Revised Downward to an Unexpected 3%Decrease
3901 MarkLines Co.,Ltd. 【J-GAAP】
Earnings ReportMarkLines Co.,Ltd. <3901> [TSE Prime] announced its financial results in the afternoon session on August 7th (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending December 2025 (January to June) decreased 3.4% from the same period last year to 1.08 billion yen, resulting in a decrease in profits compared to the previous forecast of a 9.0% increase.
Progress toward the full-year plan of 2.45 billion yen was 44.1%, also falling below the five-year average of 48.1%.
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 grow 23.6% from the same period last year, reaching 1.36 billion yen.
In the most recent three-month period, from April to June (2Q), the consolidated ordinary profit amounted to 0.48 billion yen, an increase of 3.0% compared to the same period last year. However, the operating profit margin decreased from 39.2% in the same period last year to 35.8%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2023 | 2,398 | 972 | 972 | 671 | 50.8 | 48.9 | Aug 3, 2023 | J-GAAP |
| Jan - Jun, 2024 | 2,785 | 1,113 | 1,119 | 788 | 59.6 | 50.2 | Aug 5, 2024 | J-GAAP |
| Jan - Jun, 2025 | 2,929 | 1,071 | 1,081 | 751 | 56.8 | 44.1 | Aug 7, 2025 | J-GAAP |
| YoY | +5.2% | -3.8% | -3.4% | -4.7% | -4.7% |
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 | 3,250 | 1,220 | 1,220 | 850 | 64.3 | 0 | Feb 13, 2025 | J-GAAP |
| Jan - Jun, 2025 Results | 2,929 | 1,071 | 1,081 | 751 | 56.8 | 0 | Aug 7, 2025 | J-GAAP |
| Revision Rate | -9.9% | -12.2% | -11.4% | -11.6% | -11.5% |
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 | 2,777 | 1,103 | 1,108 | 789 | 59.7 | 48 | Feb 13, 2025 | J-GAAP |
| Jul - Dec, 2025 Guidance | 3,571 | 1,379 | 1,369 | 959 | 75.2 | 52 | Aug 7, 2025 | J-GAAP |
| YoY | +28.6% | +25.0% | +23.6% | +21.5% | +26.0% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2023 | 4,845 | 1,991 | 1,988 | 1,383 | 104.7 | 36 | Feb 9, 2024 | J-GAAP |
| Dec, 2024 | 5,562 | 2,216 | 2,227 | 1,577 | 119.4 | 48 | Feb 13, 2025 | J-GAAP |
| Dec, 2025 Guidance | 6,500 | 2,450 | 2,450 | 1,710 | 134.2 | 52 | Feb 13, 2025 | J-GAAP |
| YoY | +16.9% | +10.6% | +10.0% | +8.4% | +12.4% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Jun, 2024 | 1,196 | 469 | 473 | 332 | 25.1 | 39.2 | Aug 5, 2024 | J-GAAP |
| Jul - Sep, 2024 | 1,206 | 472 | 462 | 340 | 25.7 | 39.1 | Nov 13, 2024 | J-GAAP |
| Oct - Dec, 2024 | 1,571 | 631 | 646 | 449 | 34.0 | 40.2 | Feb 13, 2025 | J-GAAP |
| Jan - Mar, 2025 | 1,587 | 590 | 594 | 427 | 32.3 | 37.2 | May 14, 2025 | J-GAAP |
| Apr - Jun, 2025 | 1,342 | 481 | 487 | 324 | 24.5 | 35.8 | Aug 7, 2025 | J-GAAP |
| YoY | +12.2% | +2.6% | +3.0% | -2.4% | -2.4% |
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