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SHOWA SHINKU, First Half Ordinary Profit Turns to Profit

Mon Nov 10, 2025 4:00 pm JST Earnings

6384 SHOWA SHINKU CO.,LTD. 【J-GAAP】

Earnings Report

SHOWA SHINKU CO.,LTD. <6384> [TSE Std] announced its financial results after the market closed on November 10th (16:00). The consolidated ordinary profit/loss for the cumulative second quarter of the fiscal year ending March 2026 (April to September) turned into a profit of 151 million yen (compared to a loss of 16 million yen in the same period last year), exceeded the previous forecast of 90 million yen.

However, Progress toward the full-year plan of 840 million yen was 18.0%, also falling below the five-year average of 46.0%.

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 decrease 19.2% from the same period last year to 689 million yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit surged 2.0 times that of the same period last year, reaching 195 million yen. The operating profit margin improved from 6.4% in the same period last year to 7.6%.

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Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Sep, 2023 3,262 6 35 14 2.4 14.4 Nov 13, 2023 J-GAAP
Apr - Sep, 2024 2,590 10 -16 -40 -6.5 Nov 8, 2024 J-GAAP
Apr - Sep, 2025 3,695 129 151 91 14.9 18.0 Nov 10, 2025 J-GAAP
YoY +42.7% +1,190.0%

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 4,000 90 90 44 7.1 0 May 12, 2025 J-GAAP
Apr - Sep, 2025 Results 3,695 129 151 91 14.9 0 Nov 10, 2025 J-GAAP
Revision Rate -7.6% +43.3% +67.8% +106.8% +108.8%

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 5,890 782 853 601 97.7 70 May 12, 2025 J-GAAP
Oct - Mar, 2025 Guidance 5,805 671 689 479 77.6 70 Nov 10, 2025 J-GAAP
YoY -1.4% -14.2% -19.2% -20.3% -20.6%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 7,463 195 243 164 26.7 70 May 10, 2024 J-GAAP
Mar, 2025 8,480 792 837 561 91.2 70 May 12, 2025 J-GAAP
Mar, 2026 Guidance 9,500 800 840 570 92.3 70 May 12, 2025 J-GAAP
YoY +12.0% +1.0% +0.4% +1.6% +1.2%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 1,738 111 96 55 9.0 6.4 Nov 8, 2024 J-GAAP
Oct - Dec, 2024 1,893 80 132 93 15.2 4.2 Feb 10, 2025 J-GAAP
Jan - Mar, 2025 3,997 702 721 508 82.6 17.6 May 12, 2025 J-GAAP
Apr - Jun, 2025 1,330 -50 -44 -41 -6.7 -3.8 Aug 7, 2025 J-GAAP
Jul - Sep, 2025 2,365 179 195 132 21.6 7.6 Nov 10, 2025 J-GAAP
YoY +36.1% +61.3% +103.1% +140.0% +140.8%

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