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KOGI, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 40%, Oct-Dec Ordinary Profit Decreases by 65%
5603 KOGI CORPORATION 【J-GAAP】
Earnings ReportKOGI CORPORATION <5603> [TSE Std] announced its financial results after the market closed on January 30th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) dropped 40.0% from the same period last year to 587 million yen. Progress toward the full-year plan of 740 million yen was 79.3%, also surpassing the five-year average of 70.3%.
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 January to March period (4Q) is expected to nearly flat at 153 million yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit significantly dropped to 144 million yen, a 64.9% decrease compared to the same period last year. The operating profit margin drastically worsened from 5.5% in the same period last year to 1.3%.
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 | 19,348 | 568 | 491 | 386 | 118.3 | 68.8 | Jan 31, 2024 | J-GAAP |
| Apr - Dec, 2024 | 19,535 | 952 | 979 | 681 | 208.6 | 86.5 | Jan 31, 2025 | J-GAAP |
| Apr - Dec, 2025 | 19,115 | 529 | 587 | 382 | 116.7 | 79.3 | Jan 30, 2026 | J-GAAP |
| YoY | -2.1% | -44.4% | -40.0% | -43.9% | -44.1% |
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 | 13,393 | 526 | 563 | 585 | 179.0 | 60 | May 8, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 12,919 | 333 | 297 | 187 | 57.0 | 50 | Oct 31, 2025 | J-GAAP |
| YoY | -3.5% | -36.7% | -47.2% | -68.0% | -68.2% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 25,963 | 786 | 714 | 538 | 164.7 | 60 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 26,317 | 1,116 | 1,132 | 798 | 244.2 | 60 | May 8, 2025 | J-GAAP |
| Mar, 2026 Guidance | 25,760 | 780 | 740 | 500 | 152.3 | 50 | Oct 31, 2025 | J-GAAP |
| YoY | -2.1% | -30.1% | -34.6% | -37.3% | -37.6% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 6,611 | 362 | 410 | 468 | 143.3 | 5.5 | Jan 31, 2025 | J-GAAP |
| Jan - Mar, 2025 | 6,782 | 164 | 153 | 117 | 35.8 | 2.4 | May 8, 2025 | J-GAAP |
| Apr - Jun, 2025 | 6,186 | 245 | 289 | 205 | 62.9 | 4.0 | Jul 31, 2025 | J-GAAP |
| Jul - Sep, 2025 | 6,655 | 202 | 154 | 108 | 33.0 | 3.0 | Oct 31, 2025 | J-GAAP |
| Oct - Dec, 2025 | 6,274 | 82 | 144 | 69 | 21.1 | 1.3 | Jan 30, 2026 | J-GAAP |
| YoY | -5.1% | -77.3% | -64.9% | -85.3% | -85.3% |
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