Fitcrew Inc.(469A) Financial Results

Current Period Guidance

Annual

Result

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Nov, 2022 ＊	1,178	ー	-15	-31	-45.0	0	ー	J-GAAP
Nov, 2023 ＊	1,768	77	79	33	34.9	0	ー	J-GAAP
Nov, 2024 ＊	2,454	112	109	44	46.1	0	ー	J-GAAP
Nov, 2025 ＊	2,920	274	267	249	263.6	0	Jan 14, 2026	J-GAAP
Nov, 2026 Guidance	3,570	344	319	261	247.3	0	Jan 14, 2026	J-GAAP
YoY	+22.3%	+25.5%	+19.5%	+4.8%	-6.2%

Guidance History

Revision Direction	Revision Date	Revenue	Operating Profit	Ordinary Profit	Net Profit	Revised Dividend	Accounting Standards
Nov, 2025	Dec 12, 2025	2,947	290	283	261	0	J-GAAP
Results	Jan 14, 2026	2,920	274	267	249	0	J-GAAP
Nov, 2026	Jan 14, 2026	3,570	344	319	261	0	J-GAAP

Growth Rate

Fiscal Year	Revenue	YoY	Operating Profit	YoY	Ordinary Profit	YoY	Adj. EPS	YoY
Nov, 2020	240	－	Available in future release
Nov, 2021	666	+177.5
Nov, 2022	1,178	+76.9
Nov, 2023	1,768	+50.1
Nov, 2024	2,454	+38.8
Nov, 2025	2,920	+19.0
Nov, 2026 Guidance	3,570	+22.3	344	+25.5	319	+19.5	247.3	-6.2

Profitability

Fiscal Year	Revenue	Operating Profit	Operating Profit Margin	ROE	ROA	Total Asset Turnover Ratio	Adj. EPS
Nov, 2024 ＊	2,454	112	4.56	12.96	2.85	1.59	46.1
Nov, 2025 ＊	2,920	274	9.38	52.48	13.50	1.58	263.6
Nov, 2026 Guidance	3,570	344	9.64	43.57	13.97	1.91	247.3

All-Time High

	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS
Record	2,920	274	267	249	263.6
Fiscal Year	Nov, 2025	Nov, 2025	Nov, 2025	Nov, 2025	Nov, 2025

First Half

Result

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec - May, 2024	1,348	85	83	100	105.9	0	ー	J-GAAP
Dec - May, 2025 Guidance	ー	ー	ー	ー	－	0	Jan 14, 2026	J-GAAP
YoY	－	－	－	－	－

Guidance History

Revision Direction	Revision Date	Revenue	Operating Profit	Ordinary Profit	Net Profit	Revised Dividend	Accounting Standards

Cash Flow

Annual

Fiscal Year	Operating Profit	Fee Cash Flow	Operating Cash Flow	Investing Cash Flow	Financial Cash Flow	Cash & Equivalents	Cash Ratio	Accounting Standards
Nov, 2023	77	-20	169	-189	274	464	36.56	J-GAAP
Nov, 2024	112	176	348	-172	175	816	44.84	J-GAAP
Nov, 2025	274	-115	-14	-101	-129	570	30.51	J-GAAP

Actual Performance and Financial Trends

Historical Performance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Nov, 2023	1,768	77	79	33	34.9	0	ー	J-GAAP
Nov, 2024	2,454	112	109	44	46.1	0	ー	J-GAAP
Nov, 2025	2,920	274	267	249	263.6	0	Jan 14, 2026	J-GAAP
YoY	+19.0%	+144.6%	+145.0%	+465.9%	+471.4%

Quarterly Results

Result

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jun - Aug, 2025	779	67	66	55	58.4	8.6	ー	J-GAAP
Sep - Nov, 2025	793	122	118	94	99.5	15.4	Jan 14, 2026	J-GAAP
YoY	－	－	－	－	－

Growth Rate

Fiscal Year	Revenue	YoY	Operating Profit	YoY	Ordinary Profit	YoY	Adj. EPS	YoY
Jun - Aug, 2025	779	－	Available in future release
Sep - Nov, 2025	793	－	122	－	118	－	99.5	－

All-Time High Quarterly Results

	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS
Record	793	122	118	94	99.5
Fiscal Year	Nov, 2025	Nov, 2025	Nov, 2025	Nov, 2025	Nov, 2025

Key Balance Sheet Figures

Fiscal Year	BPS	Equity Ratio	Total Asset	Equity	Retained Earnings	Interest-Bearing Debt Ratio	Announce	Accounting Standards
Nov, 2023	341.72	25.9	1,269	329	ー	ー	ー	J-GAAP
Nov, 2024	370.41	19.2	1,820	350	77	1.65	ー	J-GAAP
Nov, 2025	633.99	32.1	1,868	599	326	0.76	Jan 14, 2026	J-GAAP