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I-ne, Jul-Sep (3Q) Ordinary Profit Decreases by 35%, Current Fiscal Year Dividend Revised Upward by 1.5 Yen
4933 I-ne CO., LTD. 【J-GAAP】
Earnings ReportI-ne CO., LTD. <4933> [TSE Prime] announced its financial results after the market closed on November 7th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending December 2025 (January to September) decreased 28.4% from the same period last year to 2.11 billion yen. Progress toward the full-year plan of 5.00 billion yen was 42.2%, also falling below the five-year average of 75.3%.
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 October to December period (4Q) is expected to expand 72.9% from the same period last year, reaching 2.88 billion yen.
At the same time, the company has increased its planned year-end lump-sum dividend for the current fiscal year from the original plan of 13.5 yen to 15 yen (compared to 13 yen in the previous period).
In the most recent three-month period, from July to September (3Q), the consolidated ordinary profit dropped to 0.52 billion yen, a 35.1% decrease compared to the same period last year. The operating profit margin drastically worsened from 8.4% in the same period last year to 4.3%.
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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 |
|---|---|---|---|---|---|---|---|---|
| Jan - Sep, 2023 | 30,468 | 3,049 | 3,044 | 3,576 | 203.4 | 70.2 | Nov 10, 2023 | J-GAAP |
| Jan - Sep, 2024 | 31,310 | 2,957 | 2,950 | 1,576 | 89.4 | 63.8 | Nov 8, 2024 | J-GAAP |
| Jan - Sep, 2025 | 34,365 | 2,207 | 2,111 | 1,105 | 63.2 | 42.2 | Nov 7, 2025 | J-GAAP |
| YoY | +9.8% | -25.4% | -28.4% | -29.9% | -29.3% |
Guidance Update
Second Half Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Dec, 2025 Prev | 29,679 | 3,352 | 3,413 | 1,777 | 101.6 | 13.50 | Aug 8, 2025 | J-GAAP |
| Jul - Dec, 2025 New | 29,679 | 3,352 | 3,413 | 1,777 | 101.6 | 15 | Nov 7, 2025 | J-GAAP |
| Revision Rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2025 Prev | 52,000 | 5,040 | 5,000 | 2,700 | 154.3 | 13.50 | Feb 12, 2025 | J-GAAP |
| Dec, 2025 New | 52,000 | 5,040 | 5,000 | 2,700 | 154.3 | 15 | Nov 7, 2025 | J-GAAP |
| Revision Rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Dec, 2024 | 24,695 | 2,549 | 2,478 | 1,697 | 96.5 | 13 | Feb 12, 2025 | J-GAAP |
| Jul - Dec, 2025 Guidance | 29,679 | 3,352 | 3,413 | 1,777 | 101.6 | 15 | Nov 7, 2025 | J-GAAP |
| YoY | +20.2% | +31.5% | +37.7% | +4.7% | +5.3% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2023 | 41,643 | 4,379 | 4,337 | 3,954 | 224.4 | 13 | Feb 9, 2024 | J-GAAP |
| Dec, 2024 | 45,006 | 4,583 | 4,621 | 2,938 | 167.0 | 13 | Feb 12, 2025 | J-GAAP |
| Dec, 2025 Guidance | 52,000 | 5,040 | 5,000 | 2,700 | 154.3 | 15 | Nov 7, 2025 | J-GAAP |
| YoY | +15.5% | +10.0% | +8.2% | -8.1% | -7.6% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 10,999 | 923 | 807 | 335 | 19.0 | 8.4 | Nov 8, 2024 | J-GAAP |
| Oct - Dec, 2024 | 13,696 | 1,626 | 1,671 | 1,362 | 77.4 | 11.9 | Feb 12, 2025 | J-GAAP |
| Jan - Mar, 2025 | 11,116 | 901 | 842 | 373 | 21.4 | 8.1 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 11,205 | 787 | 745 | 550 | 31.5 | 7.0 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 12,044 | 519 | 524 | 182 | 10.4 | 4.3 | Nov 7, 2025 | J-GAAP |
| YoY | +9.5% | -43.8% | -35.1% | -45.7% | -45.2% |
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