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EBRAINS, First Half Ordinary Profit Increases by 34%
6599 EBRAINS, INC. 【J-GAAP】
Earnings ReportEBRAINS, INC. <6599> [TSE Std] announced its financial results after the market closed on November 13th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) expanded 253 million yen, an increase 33.9% compared to the same period last year, exceeded the previous forecast of 210 million yen.
Progress toward the full-year plan of 520 million yen was 48.7%, almost the same as the five-year average of 49.4%.
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 6.6% from the same period last year to 267 million yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit increased 73.4% from the same period last year, reaching 137 million yen. The operating profit margin significantly improved from 8.5% in the same period last year to 12.3%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2023 | 2,055 | 287 | 290 | 192 | 127.5 | 59.2 | Nov 13, 2023 | J-GAAP |
| Apr - Sep, 2024 | 1,930 | 188 | 189 | 124 | 82.6 | 39.8 | Nov 13, 2024 | J-GAAP |
| Apr - Sep, 2025 | 1,937 | 237 | 253 | 170 | 112.9 | 48.7 | Nov 13, 2025 | J-GAAP |
| YoY | +0.4% | +26.1% | +33.9% | +37.1% | +36.7% |
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 | 1,950 | 210 | 210 | 140 | 92.8 | 0 | May 13, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 1,937 | 237 | 253 | 170 | 112.9 | 0 | Nov 13, 2025 | J-GAAP |
| Revision Rate | -0.7% | +12.9% | +20.5% | +21.4% | +21.7% |
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 | 2,095 | 276 | 286 | 189 | 125.4 | 40 | May 13, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 2,163 | 283 | 267 | 170 | 112.7 | 48 | Nov 13, 2025 | J-GAAP |
| YoY | +3.2% | +2.5% | -6.6% | -10.1% | -10.2% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 3,987 | 486 | 490 | 332 | 220.1 | 38 | May 13, 2024 | J-GAAP |
| Mar, 2025 | 4,025 | 464 | 475 | 313 | 207.7 | 40 | May 13, 2025 | J-GAAP |
| Mar, 2026 Guidance | 4,100 | 520 | 520 | 340 | 225.3 | 48 | May 13, 2025 | J-GAAP |
| YoY | +1.9% | +12.1% | +9.5% | +8.6% | +8.5% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 910 | 77 | 79 | 54 | 36.0 | 8.5 | Nov 13, 2024 | J-GAAP |
| Oct - Dec, 2024 | 1,098 | 147 | 155 | 106 | 70.4 | 13.4 | Feb 13, 2025 | J-GAAP |
| Jan - Mar, 2025 | 997 | 129 | 131 | 83 | 55.1 | 12.9 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 913 | 111 | 116 | 75 | 50.2 | 12.2 | Aug 14, 2025 | J-GAAP |
| Jul - Sep, 2025 | 1,024 | 126 | 137 | 95 | 63.1 | 12.3 | Nov 13, 2025 | J-GAAP |
| YoY | +12.5% | +63.6% | +73.4% | +75.9% | +75.4% |
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