kabutan

Starts Publishing, Jan-Sep (Cumulative 3Q) Ordinary Profit Decreases by 30%, Jul-Sep Ordinary Profit Decreases by 21%

Tue Nov 11, 2025 3:30 pm JST Earnings

7849 Starts Publishing Corporation 【J-GAAP】

Earnings Report

Starts Publishing Corporation <7849> [TSE Std] announced its financial results after the market closed on November 11th (15:30). The ordinary profit (non-consolidated) for the cumulative third quarter of the fiscal year ending December 2025 (January to September) dropped 30.4% from the same period last year to 1.21 billion yen. Progress toward the full-year plan of 2.48 billion yen was 49.0%, also falling below the five-year average of 70.3%.

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the October to December period (4Q) is expected to expand 81.9% from the same period last year, reaching 1.26 billion yen.

In the most recent three-month period, from July to September (3Q), the ordinary profit decreased to 0.38 billion yen, a 21.3% decrease compared to the same period last year. The operating profit margin decreased from 23.9% in the same period last year to 19.6%.

Kabutan News

Actual Results

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Jan - Sep, 2023 6,053 1,686 1,765 1,316 343.0 74.6 Nov 9, 2023 J-GAAP
Jan - Sep, 2024 6,301 1,659 1,746 1,296 337.8 71.5 Nov 11, 2024 J-GAAP
Jan - Sep, 2025 5,673 1,122 1,216 919 239.4 49.0 Nov 11, 2025 J-GAAP
YoY -10.0% -32.4% -30.4% -29.1% -29.1%

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 4,301 1,162 1,183 864 225.1 80 Feb 13, 2025 J-GAAP
Jul - Dec, 2025 Guidance 5,129 1,651 1,648 1,075 280.0 80 Aug 8, 2025 J-GAAP
YoY +19.3% +42.1% +39.3% +24.4% +24.4%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2023 8,341 2,273 2,367 1,777 463.1 60 Feb 13, 2024 J-GAAP
Dec, 2024 8,581 2,338 2,441 1,826 475.7 110 Feb 13, 2025 J-GAAP
Dec, 2025 Guidance 8,900 2,400 2,480 1,730 450.6 120 Feb 13, 2025 J-GAAP
YoY +3.7% +2.7% +1.6% -5.3% -5.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 2,021 483 488 334 87.0 23.9 Nov 11, 2024 J-GAAP
Oct - Dec, 2024 2,280 679 695 530 138.1 29.8 Feb 13, 2025 J-GAAP
Jan - Mar, 2025 1,936 441 447 349 91.1 22.8 May 13, 2025 J-GAAP
Apr - Jun, 2025 1,835 308 385 306 79.8 16.8 Aug 8, 2025 J-GAAP
Jul - Sep, 2025 1,902 373 384 264 68.8 19.6 Nov 11, 2025 J-GAAP
YoY -5.9% -22.8% -21.3% -21.0% -21.0%

Related Articles