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Value HR, Ordinary Profit Forecast for the Fiscal Year Revised Downward to an Unexpected 12% Decrease
6078 Value HR Co., Ltd. 【J-GAAP】
Earnings ReportValue HR Co., Ltd. <6078> [TSE Prime] announced its financial results after the market closed on November 13th (16:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending December 2025 (January to September) dropped 37.0% from the same period last year to 0.46 billion yen.
In addition, the full-year forecast for consolidated ordinary profit has decreased 26.1%, from the previous forecast of 1.40 billion yen to 1.04 billion yen (compared to 1.18 billion yen in the previous period). This changes the outlook from an anticipated profit increase to a projection of an 11.9% decrease in profit.
Based on the full-year plan announced by the company after the downward revision, our estimate of the consolidated ordinary profit for the July to December period (second half) has decreased 34.5%, from the previous forecast of 1.06 billion yen to 0.69 billion yen (compared to 0.69 billion yen in the same period of the previous year), leading to a reduction in the profit growth rate from 53.2% to 0.3%.
In the most recent three-month period, from July to September (3Q), the consolidated ordinary profit significantly dropped to 0.12 billion yen, a 51.2% decrease compared to the same period last year. The operating profit margin sharply declined from 13.2% in the same period last year to 4.9%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Sep, 2023 | 5,135 | 941 | 1,010 | 668 | 25.5 | 69.2 | Nov 14, 2023 | J-GAAP |
| Jan - Sep, 2024 | 6,082 | 755 | 741 | 480 | 18.0 | 62.7 | Nov 14, 2024 | J-GAAP |
| Jan - Sep, 2025 | 7,233 | 438 | 467 | 225 | 8.5 | 44.9 | Nov 13, 2025 | J-GAAP |
| YoY | +18.9% | -42.0% | -37.0% | -53.1% | -53.0% |
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 | 4,968 | 1,139 | 1,066 | 756 | 28.3 | 13 | Aug 14, 2025 | J-GAAP |
| Jul - Dec, 2025 New | 5,278 | 685 | 698 | 489 | 18.3 | 13 | Nov 13, 2025 | J-GAAP |
| Revision Rate | +6.2% | -39.9% | -34.5% | -35.3% | -35.3% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2025 Prev | 9,700 | 1,455 | 1,408 | 897 | 33.6 | 26 | Feb 13, 2025 | J-GAAP |
| Dec, 2025 New | 10,010 | 1,001 | 1,040 | 630 | 23.6 | 26 | Nov 13, 2025 | J-GAAP |
| Revision Rate | +3.2% | -31.2% | -26.1% | -29.8% | -29.8% |
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 | 4,414 | 641 | 696 | 476 | 17.8 | 13 | Feb 13, 2025 | J-GAAP |
| Jul - Dec, 2025 Guidance | 5,278 | 685 | 698 | 489 | 18.3 | 13 | Nov 13, 2025 | J-GAAP |
| YoY | +19.6% | +6.9% | +0.3% | +2.7% | +2.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2023 | 7,100 | 1,385 | 1,459 | 970 | 37.0 | 24 | Feb 14, 2024 | J-GAAP |
| Dec, 2024 | 8,376 | 1,117 | 1,181 | 791 | 29.6 | 25 | Feb 13, 2025 | J-GAAP |
| Dec, 2025 Guidance | 10,010 | 1,001 | 1,040 | 630 | 23.6 | 26 | Nov 13, 2025 | J-GAAP |
| YoY | +19.5% | -10.4% | -11.9% | -20.4% | -20.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 2,120 | 279 | 256 | 165 | 6.2 | 13.2 | Nov 14, 2024 | J-GAAP |
| Oct - Dec, 2024 | 2,294 | 362 | 440 | 311 | 11.6 | 15.8 | Feb 13, 2025 | J-GAAP |
| Jan - Mar, 2025 | 2,271 | 249 | 252 | 160 | 6.0 | 11.0 | May 15, 2025 | J-GAAP |
| Apr - Jun, 2025 | 2,461 | 67 | 90 | -19 | -0.7 | 2.7 | Aug 14, 2025 | J-GAAP |
| Jul - Sep, 2025 | 2,501 | 122 | 125 | 84 | 3.2 | 4.9 | Nov 13, 2025 | J-GAAP |
| YoY | +18.0% | -56.3% | -51.2% | -49.1% | -49.0% |
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