Birdman, Net Income Forecast for the Fiscal Year Loss Widened in Downward Revision
7063 Birdman Inc. 【J-GAAP】
Earnings ReportBirdman Inc. <7063> [TSE Growth] announced its financial results after the market closed on May 15th (15:30). The consolidated net loss for the cumulative third quarter of the fiscal year ending June 2026 (July 2025 to March 2026) expanded to a loss of 707 million yen (compared to a loss of 533 million yen in the same period last year).
In addition, the full-year forecast for consolidated net income/loss has been revised downward from an expected loss of 606 million yen to a loss of 841 million yen (compared to a loss of 715 million yen in the previous period), indicating an expansion in the loss margin.
Based on the full-year plan announced by the company after the downward revision, our estimate of the consolidated net income/loss for the January to June period (second half) has been revised downward from an expected loss of 353 million yen to a loss of 588 million yen (compared to a loss of 318 million yen in the same period of the previous year), indicating an expansion in the loss margin.
In the most recent three-month period, from January to March (3Q), the consolidated net loss expanded to a loss of 454 million yen (compared to a loss of 136 million yen in the same period last year). However, the operating profit/loss margin remained almost flat, changing from -142.9% in the same period last year to -142.9%.
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Actual Performance and Financial Trends
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Progress Rate vs. First Half |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
1,971M | -993M | -995M | -1,323M | -258.4 | ー | May 14, 2024 | J-GAAP |
|
|
226M | -416M | -503M | -533M | -60.5 | ー | May 14, 2025 | J-GAAP |
|
|
243M | -386M | -769M | -707M | -31.1 | ー | May 15, 2026 | J-GAAP |
| YoY | +7.5% | +7.2% | -52.9% | -32.6% | +48.5% |
Guidance Update
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2026 Prev | 173M | -231M | -352M | -353M | -10.5 | 0 | Apr 1, 2026 | J-GAAP |
| Jan - Jun, 2026 New | 203M | -198M | -588M | -588M | -17.4 | 0 | May 15, 2026 | J-GAAP |
| Revision Rate | +17.3% | +14.3% | -67.0% | -66.6% | -66.6% |
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jun, 2026 Prev | 339M | -507M | -667M | -606M | -18.0 | 0 | Apr 1, 2026 | J-GAAP |
| Jun, 2026 New | 369M | -474M | -903M | -841M | -24.9 | 0 | May 15, 2026 | J-GAAP |
| Revision Rate | +8.8% | +6.5% | -35.4% | -38.8% | -38.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
156M | -235M | -311M | -318M | -31.1 | 0 | Aug 14, 2025 | J-GAAP |
|
Guidance
Jan - Jun, 2026
|
203M | -198M | -588M | -588M | -17.4 | 0 | May 15, 2026 | J-GAAP |
| YoY | +30.1% | +15.7% | -89.1% | -84.9% | +43.8% |
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
2,085M | -1,840M | -2,021M | -3,028M | -576.5 | 0 | Aug 14, 2024 | J-GAAP |
|
|
319M | -561M | -684M | -715M | -69.8 | 0 | Aug 14, 2025 | J-GAAP |
|
Guidance
Jun, 2026
|
369M | -474M | -903M | -841M | -24.9 | 0 | May 15, 2026 | J-GAAP |
| YoY | +15.7% | +15.5% | -32.0% | -17.6% | +64.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Operating Profit Margin |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
63M | -90M | -130M | -136M | -15.4 | -142.9 | May 14, 2025 | J-GAAP |
|
|
93M | -145M | -181M | -182M | -17.8 | -155.9 | Aug 14, 2025 | J-GAAP |
|
|
8M | -140M | -167M | -167M | -7.9 | -1,750.0 | Nov 14, 2025 | J-GAAP |
|
|
158M | -136M | -148M | -86M | -3.6 | -86.1 | Feb 13, 2026 | J-GAAP |
|
|
77M | -110M | -454M | -454M | -20.0 | -142.9 | May 15, 2026 | J-GAAP |
| YoY | +22.2% | -22.2% | -249.2% | -233.8% | -29.6% |