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ADEKA, First Half Ordinary Profit Increases by 19%, Jul-Sep Ordinary Profit Increases by 25%
4401 ADEKA CORPORATION 【J-GAAP】
Earnings ReportADEKA CORPORATION <4401> [TSE Prime] announced its financial results in the afternoon session on November 11th (13:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) increased 18.6% from the same period last year, reaching 19.9 billion yen. Progress toward the full-year plan of 43.0 billion yen was 46.5%, exceeding the five-year average of 42.1%.
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 October to March period (second half) is expected to grow 2.3% from the same period last year, reaching 23.0 billion yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit grew 25.2% from the same period last year, reaching 8.93 billion yen. However, the operating profit margin worsened from 9.9% in the same period last year to 9.3%.
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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 - Sep, 2023 | 187,660 | 14,798 | 15,531 | 10,550 | 103.2 | 43.4 | Nov 10, 2023 | J-GAAP |
| Apr - Sep, 2024 | 195,075 | 18,296 | 16,866 | 11,485 | 112.6 | 42.9 | Nov 12, 2024 | J-GAAP |
| Apr - Sep, 2025 | 195,710 | 19,765 | 19,999 | 12,419 | 122.4 | 46.5 | Nov 11, 2025 | J-GAAP |
| YoY | +0.3% | +8.0% | +18.6% | +8.1% | +8.7% |
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 | 207,000 | 18,300 | 18,300 | 12,100 | 120.1 | 52 | May 14, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 195,710 | 19,765 | 19,999 | 12,419 | 122.4 | 52 | Nov 11, 2025 | J-GAAP |
| Revision Rate | -5.5% | +8.0% | +9.3% | +2.6% | +1.9% |
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 | 212,070 | 22,714 | 22,480 | 13,534 | 132.8 | 52 | May 14, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 245,290 | 23,235 | 23,001 | 13,981 | 140.7 | 52 | Nov 11, 2025 | J-GAAP |
| YoY | +15.7% | +2.3% | +2.3% | +3.3% | +5.9% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 399,770 | 35,428 | 35,763 | 22,977 | 224.9 | 90 | May 14, 2024 | J-GAAP |
| Mar, 2025 | 407,145 | 41,010 | 39,346 | 25,019 | 245.6 | 100 | May 14, 2025 | J-GAAP |
| Mar, 2026 Guidance | 441,000 | 43,000 | 43,000 | 26,400 | 265.7 | 104 | May 14, 2025 | J-GAAP |
| YoY | +8.3% | +4.9% | +9.3% | +5.5% | +8.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 96,915 | 9,608 | 7,135 | 4,664 | 45.7 | 9.9 | Nov 12, 2024 | J-GAAP |
| Oct - Dec, 2024 | 101,309 | 11,785 | 12,806 | 7,723 | 75.8 | 11.6 | Feb 12, 2025 | J-GAAP |
| Jan - Mar, 2025 | 110,761 | 10,929 | 9,674 | 5,811 | 57.0 | 9.9 | May 14, 2025 | J-GAAP |
| Apr - Jun, 2025 | 101,600 | 10,996 | 11,064 | 7,245 | 71.2 | 10.8 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 94,110 | 8,769 | 8,935 | 5,174 | 51.0 | 9.3 | Nov 11, 2025 | J-GAAP |
| YoY | -2.9% | -8.7% | +25.2% | +10.9% | +11.6% |
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