kabutan

F&M, First Half Ordinary Profit Increases by 50%, Jul-Sep Ordinary Profit Increases by 2.3 times

Fri Oct 31, 2025 3:00 pm JST Earnings

4771 F&M CO.,LTD. 【J-GAAP】

Earnings Report

F&M CO.,LTD. <4771> [TSE Std] announced its financial results in the afternoon session on October 31st (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) expanded 0.95 billion yen, an increase 50.2% compared to the same period last year. However, Progress toward the full-year plan of 3.15 billion yen was 30.3%, also falling below the five-year average of 34.5%.

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 4.6% from the same period last year, reaching 2.19 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit surged 2.3 times that of the same period last year, reaching 0.51 billion yen. The operating profit margin significantly improved from 6.2% in the same period last year to 10.6%.

Kabutan News

Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Sep, 2023 6,755 938 947 634 43.5 44.2 Oct 31, 2023 J-GAAP
Apr - Sep, 2024 7,133 625 638 404 27.7 23.3 Oct 31, 2024 J-GAAP
Apr - Sep, 2025 8,956 937 958 647 43.8 30.3 Oct 31, 2025 J-GAAP
YoY +25.6% +49.9% +50.2% +60.1% +58.0%

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 8,956 937 958 647 43.7 21 Oct 30, 2025 J-GAAP
Apr - Sep, 2025 Results 8,956 937 958 647 43.8 21 Oct 31, 2025 J-GAAP
Revision Rate 0.0% 0.0% 0.0% 0.0% +0.1%

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 9,933 2,091 2,103 1,410 95.9 20 May 14, 2025 J-GAAP
Oct - Mar, 2025 Guidance 11,911 2,195 2,199 1,441 97.4 21 Oct 30, 2025 J-GAAP
YoY +19.9% +5.0% +4.6% +2.2% +1.6%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 14,861 2,128 2,143 1,609 110.3 38 May 14, 2024 J-GAAP
Mar, 2025 17,066 2,716 2,741 1,814 123.4 40 May 14, 2025 J-GAAP
Mar, 2026 Guidance 20,867 3,132 3,157 2,088 141.2 42 May 14, 2025 J-GAAP
YoY +22.3% +15.3% +15.2% +15.1% +14.4%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 3,496 217 223 160 11.0 6.2 Oct 31, 2024 J-GAAP
Oct - Dec, 2024 5,193 1,238 1,244 833 56.8 23.8 Jan 31, 2025 J-GAAP
Jan - Mar, 2025 4,740 853 859 577 39.3 18.0 May 14, 2025 J-GAAP
Apr - Jun, 2025 4,224 437 447 278 18.8 10.3 Jul 31, 2025 J-GAAP
Jul - Sep, 2025 4,732 500 511 369 25.0 10.6 Oct 31, 2025 J-GAAP
YoY +35.4% +130.4% +129.1% +130.6% +127.6%

Related Articles