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Rengo, Apr-Jun (1Q) Ordinary Profit Decreases by 21%
3941 Rengo Co., Ltd. 【J-GAAP】
Earnings ReportRengo Co., Ltd. <3941> [TSE Prime] announced its financial results in the afternoon session on August 5th (13:00). The consolidated ordinary profit for the first quarter of the fiscal year ending March 2026 (April to June) decreased 20.9% from the same period last year to 10.4 billion yen. However, Progress toward the plan for the six months ending September (first half) of 20.0 billion yen was 52.4%, almost the same as the five-year average of 54.6%.
In the most recent three-month period, from April to June (1Q), the operating profit margin worsened from 5.0% in the same period last year to 4.2%.
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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 - Jun, 2023 | 223,802 | 13,586 | 14,377 | 9,619 | 38.8 | 52.4 | Aug 3, 2023 | J-GAAP |
| Apr - Jun, 2024 | 244,515 | 12,118 | 13,261 | 13,998 | 56.5 | 60.6 | Aug 1, 2024 | J-GAAP |
| Apr - Jun, 2025 | 249,399 | 10,375 | 10,483 | 6,002 | 24.2 | 52.4 | Aug 5, 2025 | J-GAAP |
| YoY | +2.0% | -14.4% | -20.9% | -57.1% | -57.1% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2024 | 495,134 | 19,798 | 21,871 | 18,883 | 76.2 | 15 | Nov 1, 2024 | J-GAAP |
| Apr - Sep, 2025 Guidance | 502,000 | 20,000 | 20,000 | 12,000 | 48.4 | 15 | May 9, 2025 | J-GAAP |
| YoY | +1.4% | +1.0% | -8.6% | -36.5% | -36.5% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 900,791 | 48,855 | 47,984 | 33,025 | 133.3 | 30 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 993,251 | 37,408 | 39,178 | 28,979 | 116.9 | 30 | May 9, 2025 | J-GAAP |
| Mar, 2026 Guidance | 1,005,000 | 40,000 | 40,000 | 24,000 | 96.8 | 30 | May 9, 2025 | J-GAAP |
| YoY | +1.2% | +6.9% | +2.1% | -17.2% | -17.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Jun, 2024 | 244,515 | 12,118 | 13,261 | 13,998 | 56.5 | 5.0 | Aug 1, 2024 | J-GAAP |
| Jul - Sep, 2024 | 250,619 | 7,680 | 8,610 | 4,885 | 19.7 | 3.1 | Nov 1, 2024 | J-GAAP |
| Oct - Dec, 2024 | 246,352 | 13,566 | 13,406 | 7,469 | 30.1 | 5.5 | Feb 4, 2025 | J-GAAP |
| Jan - Mar, 2025 | 251,765 | 4,044 | 3,901 | 2,627 | 10.6 | 1.6 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 249,399 | 10,375 | 10,483 | 6,002 | 24.2 | 4.2 | Aug 5, 2025 | J-GAAP |
| YoY | +2.0% | -14.4% | -20.9% | -57.1% | -57.1% |
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