Three F Co., Ltd.(7544) Financial Results

Current Period Guidance

Annual

Result

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Feb, 2023	13,213	152	157	-164	-21.7	10	Apr 13, 2023	J-GAAP
Feb, 2024	13,857	909	914	217	28.7	10	Apr 11, 2024	J-GAAP
Feb, 2025	13,916	997	1,003	289	38.2	10	Apr 10, 2025	J-GAAP
Feb, 2026	15,084	1,414	1,428	382	50.5	18	Apr 9, 2026	J-GAAP
Feb, 2027 Guidance	15,100	1,330	1,340	300	39.6	18	Apr 9, 2026	J-GAAP
YoY	+0.1%	-5.9%	-6.2%	-21.5%	-21.5%

Guidance History

Revision Direction	Revision Date	Revenue	Operating Profit	Ordinary Profit	Net Profit	Revised Dividend	Accounting Standards
Feb, 2022	Apr 8, 2021	12,500	350	400	0	10	J-GAAP
	Mar 17, 2022	12,250	200	250	-85	10	J-GAAP
Results	Apr 14, 2022	12,272	245	251	-84	10	J-GAAP
Feb, 2023	Apr 14, 2022	Available in future release
	Sep 15, 2022
Results	Apr 13, 2023
Feb, 2024	Apr 13, 2023
	Sep 21, 2023
	Dec 21, 2023
	Mar 21, 2024
Results	Apr 11, 2024
Feb, 2025	Apr 11, 2024
	Sep 20, 2024
	Feb 21, 2025
	Mar 21, 2025
Results	Apr 10, 2025
Feb, 2026	Apr 10, 2025
	Sep 19, 2025
	Feb 20, 2026
Results	Apr 9, 2026
Feb, 2027	Apr 9, 2026	15,100	1,330	1,340	300	18	J-GAAP

Growth Rate

Fiscal Year	Revenue	YoY	Operating Profit	YoY	Ordinary Profit	YoY	Adj. EPS	YoY
Feb, 2002	33,379	+17.1	Available in future release
Feb, 2003	34,590	+3.6
Feb, 2004	30,763	-11.1
Feb, 2005	28,764	-6.5
Feb, 2006	27,345	-4.9
Feb, 2007	29,518	+7.9
Feb, 2008	28,742	-2.6
Feb, 2009	28,896	+0.5
Feb, 2010	26,461	-8.4
Feb, 2011	26,991	+2.0
Feb, 2012	26,908	-0.3
Feb, 2013	24,397	-9.3
Feb, 2014	22,434	-8.0
Feb, 2015	20,990	-6.4
Feb, 2016	19,036	-9.3
Feb, 2017	16,398	-13.9
Feb, 2018	12,575	-23.3
Feb, 2019	11,983	-4.7
Feb, 2020	12,973	+8.3
Feb, 2021	12,530	-3.4
Feb, 2022	12,272	-2.1
Feb, 2023	13,213	+7.7
Feb, 2024	13,857	+4.9
Feb, 2025	13,916	+0.4
Feb, 2026	15,084	+8.4
Feb, 2027 Guidance	15,100	+0.1	1,330	-5.9	1,340	-6.2	39.6	-21.6

Profitability

Fiscal Year	Revenue	Operating Profit	Operating Profit Margin	ROE	ROA	Total Asset Turnover Ratio	Adj. EPS
Feb, 2025	13,916	997	7.16	7.72	5.72	2.76	38.2
Feb, 2026	15,084	1,414	9.37	9.56	7.03	2.78	50.5
Feb, 2027 Guidance	15,100	1,330	8.81	7.25	5.21	2.62	39.6

All-Time High

	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS
Record	34,590	1,971	2,017	760	98.8
Fiscal Year	Feb, 2003	Feb, 2002	Feb, 2002	Feb, 2001	Feb, 2001

First Half

Result

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar - Aug, 2023	7,035	470	473	111	14.7	5	Oct 12, 2023	J-GAAP
Mar - Aug, 2024	7,004	592	594	157	20.8	5	Oct 10, 2024	J-GAAP
Mar - Aug, 2025	7,613	864	870	249	32.9	7	Oct 9, 2025	J-GAAP
Mar - Aug, 2026 Guidance	7,650	765	770	185	24.4	9	Apr 9, 2026	J-GAAP
YoY	+0.5%	-11.5%	-11.5%	-25.7%	-25.7%

Guidance History

Revision Direction	Revision Date	Revenue	Operating Profit	Ordinary Profit	Net Profit	Revised Dividend	Accounting Standards
Aug, 2023	Apr 13, 2023	6,800	290	300	30	5	J-GAAP
	Sep 21, 2023	7,030	470	473	110	5	J-GAAP
Results	Oct 12, 2023	7,035	470	473	111	5	J-GAAP
Aug, 2024	Apr 11, 2024	Available in future release
	Sep 20, 2024
Results	Oct 10, 2024
Aug, 2025	Apr 10, 2025
	Sep 19, 2025
Results	Oct 9, 2025
Aug, 2026	Apr 9, 2026	7,650	765	770	185	9	J-GAAP

Cash Flow

Annual

Fiscal Year	Operating Profit	Fee Cash Flow	Operating Cash Flow	Investing Cash Flow	Financial Cash Flow	Cash & Equivalents	Cash Ratio	Accounting Standards
Feb, 2024	909	853	818	35	-185	4,075	81.71	J-GAAP
Feb, 2025	997	479	519	-40	-397	4,157	81.30	J-GAAP
Feb, 2026	1,414	1,087	1,090	-3	-475	4,768	82.81	J-GAAP

Actual Performance and Financial Trends

Historical Performance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Feb, 2024	13,857	909	914	217	28.7	10	Apr 11, 2024	J-GAAP
Feb, 2025	13,916	997	1,003	289	38.2	10	Apr 10, 2025	J-GAAP
Feb, 2026	15,084	1,414	1,428	382	50.5	18	Apr 9, 2026	J-GAAP
YoY	+8.4%	+41.8%	+42.4%	+32.2%	+31.9%

Quarterly Results

Result

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Mar - May, 2024	3,413	250	251	72	9.6	7.3	Jul 11, 2024	J-GAAP
Jun - Aug, 2024	3,591	342	343	85	11.3	9.5	Oct 10, 2024	J-GAAP
Sep - Nov, 2024	3,496	197	199	47	6.2	5.6	Jan 9, 2025	J-GAAP
Dec - Feb, 2024	3,416	208	210	85	11.3	6.1	Apr 10, 2025	J-GAAP
Mar - May, 2025	3,651	344	346	100	13.3	9.4	Jul 10, 2025	J-GAAP
Jun - Aug, 2025	3,962	520	524	149	19.7	13.1	Oct 9, 2025	J-GAAP
Sep - Nov, 2025	3,792	305	308	72	9.5	8.0	Jan 8, 2026	J-GAAP
Dec - Feb, 2025	3,679	245	250	61	8.1	6.7	Apr 9, 2026	J-GAAP
YoY	+7.7%	+17.8%	+19.0%	-28.2%	-28.4%

Growth Rate

Fiscal Year	Revenue	YoY	Operating Profit	YoY	Ordinary Profit	YoY	Adj. EPS	YoY
Mar - May, 2021	3,140	+2.7	Available in future release
Jun - Aug, 2021	3,157	-6.4
Sep - Nov, 2021	3,016	-2.6
Dec - Feb, 2021	2,959	-1.4
Mar - May, 2022	3,224	+2.7
Jun - Aug, 2022	3,422	+8.4
Sep - Nov, 2022	3,333	+10.5
Dec - Feb, 2022	3,234	+9.3
Mar - May, 2023	3,442	+6.8
Jun - Aug, 2023	3,593	+5.0
Sep - Nov, 2023	3,470	+4.1
Dec - Feb, 2023	3,352	+3.6
Mar - May, 2024	3,413	-0.8
Jun - Aug, 2024	3,591	-0.1
Sep - Nov, 2024	3,496	+0.7
Dec - Feb, 2024	3,416	+1.9
Mar - May, 2025	3,651	+7.0
Jun - Aug, 2025	3,962	+10.3
Sep - Nov, 2025	3,792	+8.5
Dec - Feb, 2025	3,679	+7.7	245	+17.8	250	+19.0	8.1	-28.3

All-Time High Quarterly Results

	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS
Record	8,090	833	879	1,555	205.5
Fiscal Year	Aug, 2006	Aug, 2004	Aug, 2004	Aug, 2017	Aug, 2017

Key Balance Sheet Figures

Fiscal Year	BPS	Equity Ratio	Total Asset	Equity	Retained Earnings	Interest-Bearing Debt Ratio	Announce	Accounting Standards
Feb, 2024	480.32	72.9	4,987	3,638	-2,198	ー	Apr 11, 2024	J-GAAP
Feb, 2025	508.31	75.3	5,113	3,850	-1,984	ー	Apr 10, 2025	J-GAAP
Feb, 2026	546.69	71.9	5,758	4,140	-1,693	ー	Apr 9, 2026	J-GAAP