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JFE Systems, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 13%
4832 JFE Systems, Inc. 【J-GAAP】
Earnings ReportJFE Systems, Inc. <4832> [TSE Std] announced its financial results after the market closed on January 28th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) decreased 13.2% from the same period last year to 4.64 billion yen. However, Progress toward the full-year plan of 5.70 billion yen was 81.5%, also surpassing the five-year average of 73.1%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the January to March period (4Q) is expected to significant drop 54.5% from the same period last year to 1.05 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit amounted to 1.93 billion yen, a 2.9% decrease compared to the same period last year. However, the operating profit margin rose from 11.4% in the same period last year to 13.1%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Dec, 2023 | 46,452 | 6,044 | 6,088 | 4,065 | 129.4 | 81.7 | Jan 26, 2024 | J-GAAP |
| Apr - Dec, 2024 | 47,158 | 5,290 | 5,351 | 3,741 | 119.1 | 69.8 | Jan 28, 2025 | J-GAAP |
| Apr - Dec, 2025 | 43,664 | 4,557 | 4,646 | 3,203 | 102.0 | 81.5 | Jan 28, 2026 | J-GAAP |
| YoY | -7.4% | -13.9% | -13.2% | -14.4% | -14.4% |
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 | 34,081 | 4,261 | 4,312 | 3,153 | 100.4 | 35.50 | Apr 25, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 29,178 | 2,915 | 2,993 | 2,135 | 68.0 | 40 | Oct 29, 2025 | J-GAAP |
| YoY | -14.4% | -31.6% | -30.6% | -32.3% | -32.3% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 62,033 | 7,402 | 7,452 | 4,969 | 158.2 | 60.50 | Apr 25, 2024 | J-GAAP |
| Mar, 2025 | 63,972 | 7,589 | 7,667 | 5,442 | 173.3 | 61 | Apr 25, 2025 | J-GAAP |
| Mar, 2026 Guidance | 58,436 | 5,582 | 5,700 | 3,900 | 124.2 | 68 | Oct 29, 2025 | J-GAAP |
| YoY | -8.7% | -26.4% | -25.7% | -28.3% | -28.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 17,267 | 1,962 | 1,996 | 1,452 | 46.2 | 11.4 | Jan 28, 2025 | J-GAAP |
| Jan - Mar, 2025 | 16,814 | 2,299 | 2,316 | 1,701 | 54.2 | 13.7 | Apr 25, 2025 | J-GAAP |
| Apr - Jun, 2025 | 14,811 | 1,653 | 1,685 | 1,097 | 34.9 | 11.2 | Jul 29, 2025 | J-GAAP |
| Jul - Sep, 2025 | 14,447 | 1,014 | 1,022 | 668 | 21.3 | 7.0 | Oct 29, 2025 | J-GAAP |
| Oct - Dec, 2025 | 14,406 | 1,890 | 1,939 | 1,438 | 45.8 | 13.1 | Jan 28, 2026 | J-GAAP |
| YoY | -16.6% | -3.7% | -2.9% | -1.0% | -1.0% |
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