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MARUKA FURUSATO, Jan-Sep (Cumulative 3Q) Ordinary Profit Decreases by 26%, Jul-Sep Ordinary Profit Decreases by 45%
7128 MARUKA FURUSATO Corporation 【J-GAAP】
Earnings ReportMARUKA FURUSATO Corporation <7128> [TSE Prime] announced its financial results after the market closed on November 10th (16:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending December 2025 (January to September) decreased 25.6% from the same period last year to 2.53 billion yen. Progress toward the full-year plan of 4.10 billion yen was 61.8%, also falling below the three-year average of 75.3%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to December period (4Q) is expected to grow 24.8% from the same period last year, reaching 1.56 billion yen.
In the most recent three-month period, from July to September (3Q), the consolidated ordinary profit dropped to 0.67 billion yen, a 45.5% decrease compared to the same period last year. The operating profit margin worsened from 2.5% in the same period last year to 1.4%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Sep, 2023 | 129,311 | 4,683 | 5,391 | 3,859 | 153.2 | 81.0 | Nov 7, 2023 | J-GAAP |
| Jan - Sep, 2024 | 119,968 | 2,718 | 3,404 | 3,948 | 162.9 | 73.1 | Nov 11, 2024 | J-GAAP |
| Jan - Sep, 2025 | 117,219 | 2,015 | 2,534 | 1,392 | 58.2 | 61.8 | Nov 10, 2025 | J-GAAP |
| YoY | -2.3% | -25.9% | -25.6% | -64.7% | -64.3% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Dec, 2024 | 82,871 | 2,154 | 2,499 | 1,751 | 72.4 | 77 | Feb 14, 2025 | J-GAAP |
| Jul - Dec, 2025 Guidance | 82,221 | 1,993 | 2,244 | 1,504 | 64.1 | 71 | Aug 8, 2025 | J-GAAP |
| YoY | -0.8% | -7.5% | -10.2% | -14.1% | -11.5% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2023 | 172,980 | 5,705 | 6,652 | 4,698 | 188.3 | 66 | Feb 13, 2024 | J-GAAP |
| Dec, 2024 | 161,716 | 3,860 | 4,659 | 4,613 | 190.8 | 107 | Feb 14, 2025 | J-GAAP |
| Dec, 2025 Guidance | 162,000 | 3,500 | 4,100 | 2,500 | 106.5 | 101 | Aug 8, 2025 | J-GAAP |
| YoY | +0.2% | -9.3% | -12.0% | -45.8% | -44.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 41,123 | 1,012 | 1,244 | 1,086 | 44.8 | 2.5 | Nov 11, 2024 | J-GAAP |
| Oct - Dec, 2024 | 41,748 | 1,142 | 1,255 | 665 | 27.5 | 2.7 | Feb 14, 2025 | J-GAAP |
| Jan - Mar, 2025 | 41,234 | 882 | 1,114 | 567 | 23.6 | 2.1 | May 12, 2025 | J-GAAP |
| Apr - Jun, 2025 | 38,545 | 625 | 742 | 429 | 17.9 | 1.6 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 37,440 | 508 | 678 | 396 | 16.6 | 1.4 | Nov 10, 2025 | J-GAAP |
| YoY | -9.0% | -49.8% | -45.5% | -63.5% | -63.1% |
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