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HIRANO TECSEED, First Half Ordinary Profit Unexpectedly Revised Upward by 6%
6245 HIRANO TECSEED CO.,LTD. 【J-GAAP】
Earnings ReportHIRANO TECSEED CO.,LTD. <6245> [TSE Std] announced its financial results in the afternoon session on November 14th (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) increased 6.2% from the same period last year, reaching 1.27 billion yen, resulting in an increase in profits compared to the previous forecast of a 12.6% decrease.
Progress toward the full-year plan of 1.60 billion yen was 79.7%, also surpassing the five-year average of 46.1%.
Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to significant drop 53.1% from the same period last year to 0.32 billion yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit significantly dropped to 0.37 billion yen, a 51.6% decrease compared to the same period last year. The operating profit margin worsened from 6.0% in the same period last year to 5.2%.
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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 | 22,346 | 769 | 814 | 564 | 37.4 | 24.0 | Nov 10, 2023 | J-GAAP |
| Apr - Sep, 2024 | 24,388 | 1,024 | 1,201 | 867 | 57.4 | 63.4 | Nov 12, 2024 | J-GAAP |
| Apr - Sep, 2025 | 18,157 | 1,209 | 1,275 | 901 | 59.6 | 79.7 | Nov 14, 2025 | J-GAAP |
| YoY | -25.5% | +18.1% | +6.2% | +3.9% | +3.9% |
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 | 16,750 | 1,000 | 1,050 | 720 | 47.6 | 42 | Aug 12, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 18,157 | 1,209 | 1,275 | 901 | 59.6 | 42 | Nov 14, 2025 | J-GAAP |
| Revision Rate | +8.4% | +20.9% | +21.4% | +25.1% | +25.3% |
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 | 23,967 | 657 | 693 | 38 | 2.5 | 45 | May 9, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 15,343 | 291 | 325 | 199 | 13.1 | 42 | Nov 14, 2025 | J-GAAP |
| YoY | -36.0% | -55.7% | -53.1% | +423.7% | +421.4% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 46,946 | 3,236 | 3,394 | 2,438 | 161.7 | 88 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 48,355 | 1,681 | 1,894 | 905 | 59.9 | 90 | May 9, 2025 | J-GAAP |
| Mar, 2026 Guidance | 33,500 | 1,500 | 1,600 | 1,100 | 72.7 | 84 | May 9, 2025 | J-GAAP |
| YoY | -30.7% | -10.8% | -15.5% | +21.5% | +21.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 12,289 | 732 | 774 | 539 | 35.7 | 6.0 | Nov 12, 2024 | J-GAAP |
| Oct - Dec, 2024 | 14,584 | 806 | 866 | 637 | 42.1 | 5.5 | Feb 14, 2025 | J-GAAP |
| Jan - Mar, 2025 | 9,383 | -149 | -173 | -599 | -39.7 | -1.6 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 10,719 | 821 | 900 | 641 | 42.4 | 7.7 | Aug 12, 2025 | J-GAAP |
| Jul - Sep, 2025 | 7,438 | 388 | 375 | 260 | 17.2 | 5.2 | Nov 14, 2025 | J-GAAP |
| YoY | -39.5% | -47.0% | -51.6% | -51.8% | -51.8% |
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