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KUNIMINE INDUSTRIES, First Half Net Income Increases by 12%
5388 KUNIMINE INDUSTRIES CO.,LTD 【J-GAAP】
Earnings ReportKUNIMINE INDUSTRIES CO.,LTD <5388> [TSE Std] announced its financial results after the market closed on October 31st (15:30). The consolidated net income for the cumulative second quarter of the fiscal year ending March 2026 (April to September) increased 12.3% from the same period last year, reaching 0.42 billion yen. However, Progress toward the full-year plan of 1.27 billion yen was 33.0%, also falling below the five-year average of 36.2%.
Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated net income for the October to March period (second half) is expected to grow 21.3% from the same period last year, reaching 0.85 billion yen.
In the most recent three-month period, from July to September (2Q), the consolidated net income grew 19.8% from the same period last year, reaching 0.23 billion yen. However, the operating profit margin worsened from 7.1% in the same period last year to 5.7%.
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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 |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2023 | 7,397 | 410 | 691 | 472 | 37.9 | 42.0 | Oct 27, 2023 | J-GAAP |
| Apr - Sep, 2024 | 7,364 | 461 | 581 | 374 | 30.5 | 36.7 | Oct 31, 2024 | J-GAAP |
| Apr - Sep, 2025 | 7,712 | 461 | 581 | 420 | 34.6 | 31.6 | Oct 31, 2025 | J-GAAP |
| YoY | +4.7% | 0.0% | 0.0% | +12.3% | +13.2% |
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 | 7,611 | 538 | 650 | 450 | 37.0 | 15 | May 9, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 7,712 | 461 | 581 | 420 | 34.6 | 15 | Oct 31, 2025 | J-GAAP |
| Revision Rate | +1.3% | -14.3% | -10.6% | -6.7% | -6.5% |
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 | 8,343 | 819 | 1,002 | 704 | 57.6 | 25 | May 9, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 9,209 | 1,155 | 1,259 | 854 | 70.1 | 25 | Oct 31, 2025 | J-GAAP |
| YoY | +10.4% | +41.0% | +25.6% | +21.3% | +21.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 15,675 | 1,231 | 1,644 | 1,043 | 83.6 | 40 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 15,707 | 1,280 | 1,583 | 1,078 | 88.1 | 40 | May 9, 2025 | J-GAAP |
| Mar, 2026 Guidance | 16,921 | 1,616 | 1,840 | 1,274 | 104.6 | 40 | May 9, 2025 | J-GAAP |
| YoY | +7.7% | +26.3% | +16.2% | +18.2% | +18.7% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 3,712 | 265 | 267 | 192 | 15.7 | 7.1 | Oct 31, 2024 | J-GAAP |
| Oct - Dec, 2024 | 4,130 | 386 | 561 | 379 | 31.0 | 9.3 | Jan 31, 2025 | J-GAAP |
| Jan - Mar, 2025 | 4,213 | 433 | 441 | 325 | 26.6 | 10.3 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 3,719 | 233 | 282 | 190 | 15.7 | 6.3 | Jul 31, 2025 | J-GAAP |
| Jul - Sep, 2025 | 3,993 | 228 | 299 | 230 | 18.9 | 5.7 | Oct 31, 2025 | J-GAAP |
| YoY | +7.6% | -14.0% | +12.0% | +19.8% | +20.8% |
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