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Sekisui Jushi, First Half Ordinary Profit Increases by 26%
4212 Sekisui Jushi Corporation 【J-GAAP】
Earnings ReportSekisui Jushi Corporation <4212> [TSE Prime] announced its financial results after the market closed on October 30th (16:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) increased 26.3% from the same period last year, reaching 2.00 billion yen. However, Progress toward the full-year plan of 6.70 billion yen was 29.9%, also falling below the five-year average of 37.4%.
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 October to March period (second half) is expected to grow 21.7% from the same period last year, reaching 4.69 billion yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit grew 25.7% from the same period last year, reaching 1.23 billion yen. The operating profit margin improved from 5.4% in the same period last year to 6.1%.
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 | 27,886 | 2,529 | 2,837 | 1,944 | 51.1 | 40.7 | Oct 31, 2023 | J-GAAP |
| Apr - Sep, 2024 | 33,053 | 1,373 | 1,588 | 803 | 25.0 | 29.2 | Oct 29, 2024 | J-GAAP |
| Apr - Sep, 2025 | 34,992 | 1,735 | 2,005 | 1,118 | 36.3 | 29.9 | Oct 30, 2025 | J-GAAP |
| YoY | +5.9% | +26.4% | +26.3% | +39.2% | +45.2% |
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 | 35,000 | 1,700 | 2,000 | 1,000 | 32.7 | 36 | May 13, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 34,992 | 1,735 | 2,005 | 1,118 | 36.3 | 36 | Oct 30, 2025 | J-GAAP |
| Revision Rate | 0.0% | +2.1% | +0.3% | +11.8% | +11.2% |
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 | 41,178 | 3,638 | 3,859 | 2,741 | 86.7 | 35 | May 13, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 44,008 | 4,665 | 4,695 | 3,182 | 104.6 | 36 | Oct 30, 2025 | J-GAAP |
| YoY | +6.9% | +28.2% | +21.7% | +16.1% | +20.7% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 62,790 | 6,298 | 6,969 | 4,671 | 131.2 | 65 | May 13, 2024 | J-GAAP |
| Mar, 2025 | 74,231 | 5,011 | 5,447 | 3,544 | 112.1 | 70 | May 13, 2025 | J-GAAP |
| Mar, 2026 Guidance | 79,000 | 6,400 | 6,700 | 4,300 | 141.4 | 72 | May 13, 2025 | J-GAAP |
| YoY | +6.4% | +27.7% | +23.0% | +21.3% | +26.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 17,511 | 954 | 985 | 572 | 17.8 | 5.4 | Oct 29, 2024 | J-GAAP |
| Oct - Dec, 2024 | 18,659 | 1,655 | 1,805 | 926 | 29.1 | 8.9 | Jan 30, 2025 | J-GAAP |
| Jan - Mar, 2025 | 22,519 | 1,983 | 2,054 | 1,815 | 57.4 | 8.8 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 16,545 | 608 | 767 | 262 | 8.5 | 3.7 | Jul 31, 2025 | J-GAAP |
| Jul - Sep, 2025 | 18,447 | 1,127 | 1,238 | 856 | 27.8 | 6.1 | Oct 30, 2025 | J-GAAP |
| YoY | +5.3% | +18.1% | +25.7% | +49.7% | +56.1% |
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