Business One Holdings, First Half Ordinary Profit Increases by 44%, Jul-Sep Ordinary Profit Increases by 3.0 times
4827 Business One Holdings,Inc. 【J-GAAP】
Earnings ReportBusiness One Holdings,Inc. <4827> [FSE Q-bd] announced its financial results in the afternoon session on November 13th (14:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) expanded 0.80 billion yen, an increase 44.4% compared to the same period last year. Progress toward the full-year plan of 1.30 billion yen was 61.8%, it was below the five-year average of 65.6%.
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 decrease 29.3% from the same period last year to 0.49 billion yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit surged 3.0 times that of the same period last year, reaching 0.51 billion yen. The operating profit margin significantly improved from 7.4% in the same period last year to 11.4%.
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Actual Performance and Financial Trends
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Progress Rate vs. First Half |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
6,616M | 931M | 858M | 579M | 139.7 | 74.2 | Nov 9, 2023 | J-GAAP |
|
|
7,154M | 663M | 556M | 396M | 95.5 | 44.2 | Nov 12, 2024 | J-GAAP |
|
|
8,563M | 898M | 803M | 548M | 132.2 | 61.8 | Nov 13, 2025 | J-GAAP |
| YoY | +19.7% | +35.4% | +44.4% | +38.4% | +38.3% |
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 Guidance | 8,500M | 900M | 750M | 450M | 108.5 | 0 | May 14, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 8,563M | 898M | 803M | 548M | 132.2 | 0 | Nov 13, 2025 | J-GAAP |
| Revision Rate | +0.7% | -0.2% | +7.1% | +21.8% | +21.9% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
8,940M | 798M | 703M | 432M | 104.2 | 10 | May 14, 2025 | J-GAAP |
|
Guidance
Oct - Mar, 2025
|
8,437M | 702M | 497M | 302M | 72.8 | 10 | Nov 13, 2025 | J-GAAP |
| YoY | -5.6% | -12.0% | -29.3% | -30.1% | -30.1% |
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
13,409M | 1,331M | 1,157M | 743M | 179.1 | 10 | May 9, 2024 | J-GAAP |
|
|
16,094M | 1,461M | 1,259M | 828M | 199.7 | 10 | May 14, 2025 | J-GAAP |
|
Guidance
Mar, 2026
|
17,000M | 1,600M | 1,300M | 850M | 204.9 | 10 | May 14, 2025 | J-GAAP |
| YoY | +5.6% | +9.5% | +3.3% | +2.7% | +2.6% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Operating Profit Margin |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
3,124M | 232M | 173M | 134M | 32.3 | 7.4 | Nov 12, 2024 | J-GAAP |
|
|
4,572M | 342M | 294M | 139M | 33.6 | 7.5 | Feb 14, 2025 | J-GAAP |
|
|
4,368M | 456M | 409M | 293M | 70.7 | 10.4 | May 14, 2025 | J-GAAP |
|
|
3,817M | 356M | 292M | 204M | 49.3 | 9.3 | Aug 12, 2025 | J-GAAP |
|
|
4,746M | 542M | 511M | 344M | 83.0 | 11.4 | Nov 13, 2025 | J-GAAP |
| YoY | +51.9% | +133.6% | +195.4% | +156.7% | +156.6% |