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Chino, First Half Ordinary Profit Decreases by 16%, Jul-Sep Ordinary Profit Decreases by 14%
6850 Chino Corporation 【J-GAAP】
Earnings ReportChino Corporation <6850> [TSE Prime] announced its financial results after the market closed on November 12th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) decreased 16.0% from the same period last year to 0.96 billion yen. Progress toward the full-year plan of 3.05 billion yen was 31.5%, almost the same as the five-year average of 31.5%.
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 grow 10.5% from the same period last year, reaching 2.09 billion yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit decreased to 0.60 billion yen, a 14.2% decrease compared to the same period last year. The operating profit margin worsened from 9.6% in the same period last year to 7.8%.
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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 | 12,000 | 914 | 1,064 | 618 | 36.4 | 44.1 | Nov 10, 2023 | J-GAAP |
| Apr - Sep, 2024 | 13,166 | 1,066 | 1,143 | 633 | 37.3 | 37.7 | Nov 12, 2024 | J-GAAP |
| Apr - Sep, 2025 | 14,187 | 917 | 960 | 468 | 27.5 | 31.5 | Nov 12, 2025 | J-GAAP |
| YoY | +7.8% | -14.0% | -16.0% | -26.1% | -26.2% |
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 | 13,300 | 940 | 1,030 | 610 | 35.8 | 12.50 | May 13, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 14,187 | 917 | 960 | 468 | 27.5 | 12.50 | Nov 12, 2025 | J-GAAP |
| Revision Rate | +6.7% | -2.4% | -6.8% | -23.3% | -23.1% |
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 | 16,163 | 1,813 | 1,891 | 1,358 | 79.9 | 27.50 | May 13, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 15,813 | 1,983 | 2,090 | 1,532 | 89.9 | 30 | Nov 12, 2025 | J-GAAP |
| YoY | -2.2% | +9.4% | +10.5% | +12.8% | +12.6% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 27,425 | 2,173 | 2,413 | 1,756 | 103.4 | 30 | May 13, 2024 | J-GAAP |
| Mar, 2025 | 29,329 | 2,879 | 3,034 | 1,991 | 117.2 | 40 | May 13, 2025 | J-GAAP |
| Mar, 2026 Guidance | 30,000 | 2,900 | 3,050 | 2,000 | 117.4 | 42.50 | Aug 8, 2025 | J-GAAP |
| YoY | +2.3% | +0.7% | +0.5% | +0.5% | +0.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 7,371 | 708 | 706 | 429 | 25.3 | 9.6 | Nov 12, 2024 | J-GAAP |
| Oct - Dec, 2024 | 6,332 | 357 | 439 | 333 | 19.6 | 5.6 | Feb 12, 2025 | J-GAAP |
| Jan - Mar, 2025 | 9,831 | 1,456 | 1,452 | 1,025 | 60.3 | 14.8 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 6,905 | 351 | 354 | 114 | 6.8 | 5.1 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 7,282 | 566 | 606 | 354 | 20.8 | 7.8 | Nov 12, 2025 | J-GAAP |
| YoY | -1.2% | -20.1% | -14.2% | -17.5% | -17.6% |
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